ADEF PROPERTIES LTD
💤Zombieactive
14219677 · ltd · incorporated 2022-07-06
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
£-13.0k
book net assets
Opportunity
72/100
Strong
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
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 72/100 (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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 3.6y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £13,035
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£13k
↓ 24% YoY
Current Assets
£4k
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £197.8k | £200.3k |
| Current assets | £3.7k | £4.7k |
| Net assets | £-13.0k | £-10.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-09➖CROCKER, Mark resigneddirector
- 2025-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-08➖BRIOZZO, Stefania resigneddirector
- 2024-11-08➕CROCKER, Mark appointeddirector
- 2024-11-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-05-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-24🔒Charge registered #3Lender: Onesavings Bank PLC
- 2022-11-11🔒Charge registered #2Lender: Paratus Amc Limited
- 2022-10-31🔒Charge registered #1Lender: Fleet Mortgages Limited
- 2022-07-06🏢Company incorporatedAs ADEF PROPERTIES LTD
- 2022-07-06➕MARTIN, Bradley appointeddirector
- 2022-07-06➕BRIOZZO, Stefania appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
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 Bradley Martin Individual · British · DOB 02/2001 · age 25 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/03/2024 |
Miss Stefania Briozzo Individual · Italian · DOB 07/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/07/2022 |
2 historic (ceased) PSCs
- Brad Martin Holdings Ltdceased 21/03/2024· 25-50% shares · 25-50% voting · board control
- Mr Bradley Martinceased 19/12/2023· 25-50% shares · 25-50% voting · board control
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 · Property · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 33 PROPERTIES LTD→ 15197982 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4 QUARTERS MANAGEMENT LTD→ 13251160 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 786 INVESTMENT PROPERTY LTD→ 16118234 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABGM LTD→ 16215884 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AC RHOADES LIMITED→ 13575276 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACAS INVESTMENTS LTD→ 10273030 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACCOMMODATION CENTRE (HULL) LIMITED→ 01140416 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ACEY PROPERTIES LIMITED→ 14966662 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACKLAMS PROPERTIES LIMITED→ 06166907 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ACTIONGOLD LIMITED→ 05092694 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ADFIX GROUP LIMITED→ 11310479 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ADFIX PROPERTIES LIMITED→ 11319710 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2022-07-06
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
28 Newland Avenue
Hull
HU5 3AF
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-09
Last: 2025-07-26
Officers (1 active · 2 resigned)
MARTIN, Bradley→
Activedirector · ~25y · appointed 2022-07-06
View their other companies + combined net worth →
BRIOZZO, Stefania→
Resigneddirector · ~54y · appointed 2022-07-06 · resigned 2024-11-08
CROCKER, Mark→
Resigneddirector · ~63y · appointed 2024-11-08 · resigned 2025-04-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 24/11/2022 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 11/11/2022 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 31/10/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
termination-director-company-with-name-termination-date
officers · TM01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
appoint-person-director-company-with-name-date
officers · AP01
2024-11-08
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-02
change-person-director-company-with-change-date
officers · CH01
2024-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-21