ADDGREEN PROPERTIES LIMITED

💤Zombieactive
13181017 · ltd · incorporated 2021-02-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£23.2k
book net assets
Opportunity
60/100
Worth a look
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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
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 3.8y

20/100
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.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 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
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review 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 £23,186
Net assets shrinking
Down £10,069 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£23k
↓ 30% YoY
Current Assets
£23k
↑ 481% YoY
Current Liabilities
£0£7k£13k£20k£27k£33kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£524.3k£506.4k
Current assets£23.1k£4.0k
Net assets£23.2k£33.3k

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

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 (21 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-02-26
    🔒
    Charge registered #5
    Lender: Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs
  5. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2022-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2022-10-28
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited [Co.Reg: 2058813]
  10. 2022-10-28
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited [Co.Reg: 2058813]
  11. 2022-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-10-12
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited [Co.Reg: 2058813]
  13. 2022-10-12
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited [Co.Reg: 2058813]
  14. 2022-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2022-04-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2021-10-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-05-28
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-02-04
    🏢
    Company incorporated
    As ADDGREEN PROPERTIES LIMITED
  19. 2021-02-04
    AYEMOJUBA, Wasiu appointed
    secretary
  20. 2021-02-04
    AYEMOJUBA, Wasiu appointed
    director
  21. 2021-02-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-05

5 live charges
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Wasiu Ayemojuba
Individual · British · DOB 03/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/02/2021

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

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

9 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
Incorporated2021-02-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

24a Sydenham Road
Sydenham
London
SE26 5QW
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-05OVERDUE
Last: 2025-04-21

Officers (2 active · 0 resigned)

AYEMOJUBA, Wasiu
secretary · appointed 2021-02-04
View their other companies + combined net worth →
Active
AYEMOJUBA, Wasiu
director · ~54y · appointed 2021-02-04
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
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Kent Reliance / OSB
Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs
A registered charge1 property26/02/2024
outstanding
Together Money
Together Commercial Finance Limited [Co.Reg: 2058813]
A registered charge1 property28/10/2022
outstanding
Together Money
Together Commercial Finance Limited [Co.Reg: 2058813]
A registered charge1 property28/10/2022
outstanding
Together Money
Together Commercial Finance Limited [Co.Reg: 2058813]
A registered charge1 property12/10/2022
outstanding
Together Money
Together Commercial Finance Limited [Co.Reg: 2058813]
A registered charge1 property12/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-25
accounts-with-accounts-type-dormant
accounts · AA
2022-05-09
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07