ADDED HOUSING LTD

🏛️Establishedactive
12835971 · ltd · incorporated 2020-08-25
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
£108.2k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 4.7y

25/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Charge age ~4.7 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
79
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £108,231
Net assets shrinking
Down £339 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£108k
~ YoY
Current Assets
£6k
↑ 129% YoY
Current Liabilities
£0£22k£43k£65k£87k£109kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£384.1k£343.9k
Current assets£6.3k£2.8k
Net assets£108.2k£108.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-12-11
    🔒
    Charge registered #5
    Lender: Fleet Mortgages Limited
  6. 2024-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-02-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-02-22
    🔒
    Charge registered #4
    Lender: Paratus Amc Limited
  11. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-08-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-08-18
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  14. 2022-05-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-05-23
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  16. 2022-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-09-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2021-09-03
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  19. 2020-08-25
    🏢
    Company incorporated
    As ADDED HOUSING LTD
  20. 2020-08-25
    DUNCAN, Daniel Stephen appointed
    director
  21. 2020-08-25
    ELGIE, Dean appointed
    director
  22. 2020-08-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Daniel Stephen Duncan
Individual · British · DOB 07/1988 · age 38
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/08/2020
Mr Dean Elgie
Individual · British · DOB 10/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/08/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-08-25
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 Lyndhurst Gardens
Ormesby
Middlesbrough
TS7 9BE
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (2 active · 0 resigned)

DUNCAN, Daniel Stephen
director · ~38y · appointed 2020-08-25
View their other companies + combined net worth →
Active
ELGIE, Dean
director · ~39y · appointed 2020-08-25
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Fleet Mortgages
Fleet Mortgages Limited
A registered charge1 property11/12/2024
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property22/02/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property18/08/2022
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property23/05/2022
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property03/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-23