ADDERSTONE (221) LIMITED
🏛️Establishedactive
12995165 · ltd · incorporated 2020-11-04
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 5.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
24 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
3
filings
- • 3 officers
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-02-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-16➕GRANT, Kathryn Anne appointeddirector
- 2026-02-16➕PHILLIPS, Richard Malcolme appointeddirector
- 2026-02-16➖BAGGETT, Ian Robert, Dr resigneddirector
- 2025-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-01🔓Charge satisfied #2
- 2025-07-01🔓Charge satisfied #1
- 2025-02-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-13➕SHIPLEY, Michael Raymond appointeddirector
- 2024-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-03📄resolutionresolution · RESOLUTIONS
- 2022-11-03📄memorandum-articlesincorporation · MA
- 2022-10-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-16🔒Charge registered #2Lender: Atom Bank PLC
- 2021-04-16🔒Charge registered #1Lender: Atom Bank PLC
- 2021-04-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-14➖SHIPLEY, Michael Raymond resigneddirector
- 2020-11-04🏢Company incorporatedAs ADDERSTONE (221) LIMITED
- 2020-11-04➕BAGGETT, Ian Robert, Dr appointeddirector
- 2020-11-04➕SHIPLEY, Michael Raymond appointeddirector
- 2020-11-04📄incorporation-companyincorporation · NEWINC
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Adderstone Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adderstone Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADDERSTONE (221) LIMITED
This company · 12995165
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Adderstone Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/09/2022 |
1 historic (ceased) PSC
- Dr Ian Robert Baggettceased 30/09/2022· 75-100% shares
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 →Similar companies
Active · Property · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A E HICKS LTD→ 12225222 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADAMS NORTHEAST PROPERTIES LTD→ 10224488 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAMSON HOLDING COMPANY LIMITED→ 09711476 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADAPT NORTHUMBERLAND LTD→ 16311167 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAVO (TOWN HALL) LIMITED→ 13137923 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAVO LTD→ 09041168 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADDERSTONE (207) LIMITED→ 11566791 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE (209) LIMITED→ 11588309 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE (211) LIMITED→ 13394486 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADDERSTONE (214) LIMITED→ 11654346 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE 17 MANAGEMENT COMPANY LIMITED→ 04254907 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ADDERSTONE DEVELOPMENTS (113) LIMITED→ 15355908 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2020-11-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Nelson House The Fleming
Burdon Terrace
Jesmond
Newcastle Upon Tyne
NE2 3AE
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29
Officers (3 active · 2 resigned)
GRANT, Kathryn Anne→
Activedirector · ~53y · appointed 2026-02-16
View their other companies + combined net worth →
PHILLIPS, Richard Malcolme→
Activedirector · ~47y · appointed 2026-02-16
View their other companies + combined net worth →
SHIPLEY, Michael Raymond→
Activedirector · ~42y · appointed 2025-02-13
View their other companies + combined net worth →
BAGGETT, Ian Robert, Dr→
Resigneddirector · ~54y · appointed 2020-11-04 · resigned 2026-02-16
SHIPLEY, Michael Raymond→
Resigneddirector · ~42y · appointed 2020-11-04 · resigned 2020-12-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Atom Bank Atom Bank PLC | A registered charge | 1 property | 16/04/2021 | 01/07/2025 | |
| satisfied | Atom Bank Atom Bank PLC | A registered charge | 1 property | 16/04/2021 | 01/07/2025 |
Recent filings (24 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
appoint-person-director-company-with-name-date
officers · AP01
2026-02-18
appoint-person-director-company-with-name-date
officers · AP01
2026-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-01
appoint-person-director-company-with-name-date
officers · AP01
2025-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-09
resolution
resolution · RESOLUTIONS
2022-11-03
memorandum-articles
incorporation · MA
2022-11-03