ADD GROUNDWORKS AND CONSTRUCTION LTD

🌿Early-stageactive
14586904 · ltd · incorporated 2023-01-11
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 Dec 2024
Net worth
£26.5k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 42990Construction of other civil engineering projects n.e.c.
  • 81300Landscape service activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -70% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
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
1 connected companies via shared directors
48
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £26,543
Net assets shrinking
Down £25,446 YoY
Cash draining
Cash down 70% YoY
Cash YoY
-70%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 70% YoY
Net Worth
£27k
↓ 49% YoY
Current Assets
£45k
↓ 23% YoY
Current Liabilities
£0£12k£24k£35k£47k£59kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£26.5k£52.0k
Current assets£45.1k£59.0k
Cash£7.3k£24.0k
Debtors£37.9k£35.0k
Net assets£26.5k£52.0k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2023-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-07-01
    MCINNES, Natalie Louise appointed
    director
  7. 2023-01-11
    🏢
    Company incorporated
    As ADD GROUNDWORKS AND CONSTRUCTION LTD
  8. 2023-01-11
    DOCKSEY, Andrew Phillip appointed
    director
  9. 2023-01-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Natalie Louise Mcinnes
Individual · British · DOB 04/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2023
Mr Andrew Phillip Docksey
Individual · British · DOB 08/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/01/2023

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

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
Incorporated2023-01-11
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

4 Severn Road
Chadderton
Oldham
OL9 0PS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-07-23
Last: 2026-07-09

Officers (2 active · 0 resigned)

DOCKSEY, Andrew Phillip
director · ~45y · appointed 2023-01-11
View their other companies + combined net worth →
Active
MCINNES, Natalie Louise
director · ~38y · appointed 2023-07-01
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-10
appoint-person-director-company-with-name-date
officers · AP01
2023-07-10
incorporation-company
incorporation · NEWINC
2023-01-11