ADDIS HOMES GROUP LTD

🌿Early-stageactive
13791224 · ltd · incorporated 2021-12-09
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 Dec 2024
Net worth
£-270.1k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 77/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.5y

35/100
under pressure

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

  • · Charge age ~3.5 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 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
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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 £270,051
Very low cash
Cash position: £0
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£0
↓ 100% YoY
Net Worth
-£270k
↓ 14% YoY
Current Assets
Current Liabilities
-£270k-£202k-£133k-£65k£4k£72kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£0£72.3k
Net assets£-270.1k£-236.4k

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
1
filing
  • 1 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-07
    🔓
    Charge satisfied #1
  3. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-12-19
    🔒
    Charge registered #1
    Lender: Paragon Development Finance Limited
  9. 2022-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-12-09
    🏢
    Company incorporated
    As ADDIS HOMES GROUP LTD
  11. 2021-12-09
    ADDIS, Alan appointed
    director
  12. 2021-12-09
    ADDIS, Alexander James Fulton appointed
    director
  13. 2021-12-09
    KERRY, Jayne Diane appointed
    director
  14. 2021-12-09
    SMART, Steven appointed
    director
  15. 2021-12-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "ADDIS" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ADDIS, Alexander James Fulton (same surname) appointed 2021-12-09. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.

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

Bordergreat Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Bordergreat Limited
Corporate parent · holds 25-50% shares
significant stake
ADDIS HOMES GROUP LTD
This company · 13791224

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Bordergreat Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting09/12/2021

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

8 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
Incorporated2021-12-09
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Bayside Business Centre 1 Sovereign Business Park
48 Willis Way
Poole
BH15 3TB
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (4 active · 0 resigned)

ADDIS, Alan
director · ~79y · appointed 2021-12-09
View their other companies + combined net worth →
Active
ADDIS, Alexander James Fulton
director · ~36y · appointed 2021-12-09
View their other companies + combined net worth →
Active
KERRY, Jayne Diane
director · ~67y · appointed 2021-12-09
View their other companies + combined net worth →
Active
SMART, Steven
director · ~48y · appointed 2021-12-09
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
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Paragon
Paragon Development Finance Limited
A registered charge1 property19/12/202207/04/2026

Recent filings (12 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-08
incorporation-company
incorporation · NEWINC
2021-12-09