AKKERI DEVELOPMENTS LIMITED

🏛️Establishedactive
12900047 · ltd · incorporated 2020-09-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£-51.4k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -85% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.8y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £51,408
Cash draining
Cash down 85% YoY
Cash YoY
-85%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 85% YoY
Net Worth
-£51k
↓ 80% YoY
Current Assets
£2.6m
~ YoY
Current Liabilities
-£51k£473k£997k£1.5m£2.0m£2.6mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£-51.4k£-28.5k
Current assets£2.56M£2.57M
Cash£3.9k£26.2k
Debtors£2.49M£2.46M
Net assets£-51.4k£-28.5k

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

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2022-07-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-07-11
    🔒
    Charge registered #1
    Lender: Homes and Communities Agency (Trading as Homes England)
  7. 2022-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-23
    🏢
    Company incorporated
    As AKKERI DEVELOPMENTS LIMITED
  9. 2020-09-23
    APPLETON-METCALFE, James Alexander appointed
    director
  10. 2020-09-23
    PARRATT, James Simon appointed
    director
  11. 2020-09-23
    SHAW, Adam Geoffrey appointed
    director
  12. 2020-09-23
    WATSON, Anthony James appointed
    director
  13. 2020-09-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

40/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
West Ranga Property Group Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Southgate Property Limited
Corporate parent · holds 25-50% shares
significant stake
AKKERI DEVELOPMENTS LIMITED
This company · 12900047

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
West Ranga Property Group Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting23/09/2020
Southgate Property Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting23/09/2020

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

6 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
Incorporated2020-09-23
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

4 Old Market Place
Ripon
HG4 1EQ
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (4 active · 0 resigned)

APPLETON-METCALFE, James Alexander
director · ~49y · appointed 2020-09-23
View their other companies + combined net worth →
Active
PARRATT, James Simon
director · ~49y · appointed 2020-09-23
View their other companies + combined net worth →
Active
SHAW, Adam Geoffrey
director · ~50y · appointed 2020-09-23
View their other companies + combined net worth →
Active
WATSON, Anthony James
director · ~54y · appointed 2020-09-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Homes and Communities Agency (Trading as Homes England)
A registered charge11/07/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
change-person-director-company-with-change-date
officers · CH01
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
incorporation-company
incorporation · NEWINC
2020-09-23