A.H.G. NORTH DORSET DEVELOPMENTS LTD

🌿Early-stageactive
13795193 · ltd · incorporated 2021-12-10
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 4.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
£30
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 59/100 (worth a look), bankability 50/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: family or management succession (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 4.1y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £30

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£30
Current Assets
£25k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-12-31
Total assets£30
Current assets£24.8k
Net assets£30

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
2
filings
  • 2 mortgage
Last 180 days
2
filings
  • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-04-07
    🔓
    Charge satisfied #2
  4. 2026-04-07
    🔓
    Charge satisfied #1
  5. 2025-12-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-02-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2024-10-14
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  11. 2024-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2024-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-04-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-04-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2022-04-20
    🔒
    Charge registered #2
    Lender: Hampshire Trust Bank PLC
  18. 2022-04-20
    🔒
    Charge registered #1
    Lender: Hampshire Trust Bank PLC
  19. 2022-03-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2022-03-24
    📄
    capital-allotment-shares
    capital · SH01
  21. 2021-12-10
    🏢
    Company incorporated
    As A.H.G. NORTH DORSET DEVELOPMENTS LTD
  22. 2021-12-10
    ADDIS, Alan appointed
    director
  23. 2021-12-10
    ADDIS, Alexander James Fulton appointed
    director
  24. 2021-12-10
    SMART, Steven appointed
    director
  25. 2021-12-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +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 2021-12-10. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-09-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-07

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Latep Capital Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Addis Homes Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.H.G. NORTH DORSET DEVELOPMENTS LTD
This company · 13795193

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Addis Homes Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/12/2021
Latep Capital Limited
Corporate entity
2550%
25-50% shares24/03/2022

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

11 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
Incorporated2021-12-10
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: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (3 active · 0 resigned)

ADDIS, Alan
director · ~79y · appointed 2021-12-10
View their other companies + combined net worth →
Active
ADDIS, Alexander James Fulton
director · ~36y · appointed 2021-12-10
View their other companies + combined net worth →
Active
SMART, Steven
director · ~48y · appointed 2021-12-10
View their other companies + combined net worth →
Active

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
TypeProperties
satisfied
Hampshire Trust Bank
Hampshire Trust Bank PLC
A registered charge3 properties20/04/202207/04/2026
satisfied
Hampshire Trust Bank
Hampshire Trust Bank PLC
A registered charge3 properties20/04/202207/04/2026

Recent filings (21 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-07
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-03
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
change-person-director-company-with-change-date
officers · CH01
2025-02-17
change-person-director-company-with-change-date
officers · CH01
2025-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-17
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-08