ADELAIDE HOUSE DEVELOPMENTS LIMITED
🌿Early-stageactive
13930401 · ltd · incorporated 2022-02-21
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 4.4y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.4 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
19 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.
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-12📄memorandum-articlesincorporation · MA
- 2025-03-12📄resolutionresolution · RESOLUTIONS
- 2025-01-23📄mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-23📄mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-16🔓Charge satisfied #1
- 2024-03-14🔒Charge registered #3Lender: Cambridge & Counties Bank PLC
- 2024-03-14🔒Charge registered #2Lender: Cambridge & Counties Bank Limited
- 2023-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-11🔒Charge registered #1Lender: Isca Finance LTD
- 2022-03-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-21🏢Company incorporatedAs ADELAIDE HOUSE DEVELOPMENTS LIMITED
- 2022-02-21➕KRIPALANI, Sarita appointeddirector
- 2022-02-21➕KRIPALANI, Sunder appointeddirector
- 2022-02-21📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sunder Kripalani Individual · British · DOB 03/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/02/2022 |
Mrs Sarita Kripalani Individual · British · DOB 06/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/02/2022 |
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 →Similar companies
Active · Construction · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A H A CONSTRUCTION LTD→ 11723666 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.E.F. REALTY LTD→ 14876988 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.G. INTERNATIONAL RENOVATIONS LTD→ 14047121 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABODE SENIOR LIVING LIMITED→ 11686778 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADELAIDE WHARF MANAGEMENT LIMITED→ 05054113 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AEDIFICA UK (DAWLISH) LIMITED→ 13483857 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AETHERA STUDIO LIMITED→ 17123236 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AEW POWER & LIGHTING LTD→ 16795575 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AF DEVELOPMENTS LTD→ 16970789 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AFAQ REAL ESTATE LTD→ 16164321 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFILIATED HOME RESOLUTIONS LTD→ 16183493 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFINITY FLOORING LIMITED→ 08475870 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2022-02-21
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Suite-11, Boundary House
Boston Road
London
W7 2QE
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20
Officers (2 active · 0 resigned)
KRIPALANI, Sarita→
Activedirector · ~59y · appointed 2022-02-21
View their other companies + combined net worth →
KRIPALANI, Sunder→
Activedirector · ~60y · appointed 2022-02-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cambridge & Counties Cambridge & Counties Bank PLC | A registered charge | 1 property | 14/03/2024 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 14/03/2024 | — | |
| satisfied | Isca Finance Isca Finance LTD | A registered charge | 1 property | 11/03/2022 | 16/05/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
memorandum-articles
incorporation · MA
2025-03-12
resolution
resolution · RESOLUTIONS
2025-03-12
mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-23
mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-14