ADDERSTONE MANAGEMENT LIMITED

🏛️Establishedactive
13288723 · ltd · incorporated 2021-03-24
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (83/100)

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
Confirmed no charges registered
85
Directors & officers
10 officers (5 active, 10 linked, 9 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees28002500

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
6
filings
  • 5 officers
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-02-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-02-16
    ROBERTSON, Michael appointed
    director
  3. 2026-02-16
    TULLY, Melanie appointed
    director
  4. 2026-02-16
    BAGGETT, Ian Robert, Dr resigned
    director
  5. 2026-02-16
    SHIPLEY, Michael Raymond resigned
    director
  6. 2026-02-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2026-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2026-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2026-02-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2026-01-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2026-01-29
    GRAY, Philippa Rosemary Flower resigned
    director
  12. 2025-12-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2025-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2025-11-03
    📄
    legacy
    other · GUARANTEE2
  15. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-10-30
    📄
    legacy
    other · GUARANTEE2
  17. 2024-10-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2024-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2024-08-07
    CLARK, Timothy Joseph resigned
    director
  20. 2024-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2023-10-25
    📄
    legacy
    other · GUARANTEE2
  23. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-12-16
    CARR, Nelson Jeffrey resigned
    director
  25. 2022-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2022-10-25
    📄
    legacy
    other · GUARANTEE2
  27. 2022-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2022-10-10
    GRAY, Philippa Rosemary Flower appointed
    director
  29. 2022-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-09-30
    PHILLIPS, Richard Malcolme appointed
    director
  31. 2022-04-01
    CARR, Nelson Jeffrey appointed
    director
  32. 2021-09-09
    PHILLIPS, Richard Malcolme appointed
    secretary
  33. 2021-09-09
    GRANT, Kathryn Anne appointed
    director
  34. 2021-09-09
    CLARK, Timothy Joseph appointed
    director
  35. 2021-09-09
    SHIPLEY, Michael Raymond appointed
    director
  36. 2021-03-24
    🏢
    Company incorporated
    As ADDERSTONE MANAGEMENT LIMITED
  37. 2021-03-24
    BAGGETT, Ian Robert, Dr appointed
    director

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

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BAGGETT, Ian Robert, Dr resigned 2026-02-16; GRAY, Philippa Rosemary Flower resigned 2026-01-29; SHIPLEY, Michael Raymond resigned 2026-02-16

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-01-30: certificate-change-of-name-company

Group structure

Arlenia Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Arlenia Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADDERSTONE MANAGEMENT LIMITED
This company · 13288723

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%
NameSharesVoting rightsNature of controlNotified
Arlenia Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/10/2024
1 historic (ceased) PSC
  • Adderstone 1993 Limitedceased 01/10/2024· 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 →

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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
Incorporated2021-03-24
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

Nelson House, The Fleming Burdon Terrace
Jesmond
Newcastle Upon Tyne
Tyne And Wear
NE2 3AE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11

Officers (5 active · 5 resigned)

PHILLIPS, Richard Malcolme
secretary · appointed 2021-09-09
View their other companies + combined net worth →
Active
GRANT, Kathryn Anne
director · ~53y · appointed 2021-09-09
View their other companies + combined net worth →
Active
PHILLIPS, Richard Malcolme
director · ~47y · appointed 2022-09-30
View their other companies + combined net worth →
Active
ROBERTSON, Michael
director · ~40y · appointed 2026-02-16
View their other companies + combined net worth →
Active
TULLY, Melanie
director · ~45y · appointed 2026-02-16
View their other companies + combined net worth →
Active
BAGGETT, Ian Robert, Dr
director · ~54y · appointed 2021-03-24 · resigned 2026-02-16
Resigned
CARR, Nelson Jeffrey
director · ~35y · appointed 2022-04-01 · resigned 2022-12-16
Resigned
CLARK, Timothy Joseph
director · ~70y · appointed 2021-09-09 · resigned 2024-08-07
Resigned
GRAY, Philippa Rosemary Flower
director · ~33y · appointed 2022-10-10 · resigned 2026-01-29
Resigned
SHIPLEY, Michael Raymond
director · ~42y · appointed 2021-09-09 · resigned 2026-02-16
Resigned

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

Recent filings (32 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-02-19
appoint-person-director-company-with-name-date
officers · AP01
2026-02-16
termination-director-company-with-name-termination-date
officers · TM01
2026-02-16
termination-director-company-with-name-termination-date
officers · TM01
2026-02-16
termination-director-company-with-name-termination-date
officers · TM01
2026-02-05
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
legacy
other · GUARANTEE2
2025-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
legacy
other · GUARANTEE2
2024-10-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-17
termination-director-company-with-name-termination-date
officers · TM01
2024-08-07