ADSE PROPERTY LIMITED
💤Zombieactive
14752655 · ltd · incorporated 2023-03-23
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 Mar 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 52/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 4 lenders · oldest 1.9y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.9 years old — likely still in initial term.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1 | 100 |
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
1
filing
- • 1 address
Last 180 days
4
filings
- • 2 mortgage
- • 1 address
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-13🔒Charge registered #9Lender: The Mortgage Works (UK) PLC
- 2026-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-27🔒Charge registered #8Lender: The Mortgage Works (UK) PLC
- 2025-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-25🔒Charge registered #7Lender: The Mortgage Works (UK) PLC
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-31🔒Charge registered #6Lender: Aldermore Bank PLC
- 2025-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-03🔒Charge registered #5Lender: Fleet Mortgages Limited
- 2024-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-07🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2024-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-19📄resolutionresolution · RESOLUTIONS
- 2024-10-19📄memorandum-articlesincorporation · MA
- 2024-10-18🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2024-10-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-28🔓Charge satisfied #1
- 2024-08-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-23🔒Charge registered #2Lender: Kensington Mortgage Company Limited
- 2024-08-23🔒Charge registered #1Lender: Kensington Mortgage Company Limited
- 2024-03-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-23🏢Company incorporatedAs ADSE PROPERTY LIMITED
- 2023-03-23➕SALES DE ANDRADE, Eric Savio appointeddirector
- 2023-03-23📄incorporation-companyincorporation · NEWINC
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
1 low8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Eric Savio Sales De Andrade Individual · British · DOB 12/1991 · age 35 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/03/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · WC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACS CHRISTODOULIDES LIMITED→ 15238345 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACUMEN BAY INVESTMENTS LIMITED→ 15418308 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM & RICK PROPERTY LTD→ 16666215 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADDED VALUE CAPITAL LTD→ 11505887 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADEN GROUP HOLDINGS LIMITED→ 13783478 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADK INVEST LTD→ 13327881 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADLER CAPITAL LTD→ 16991433 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADMIRAL CAPITAL LTD→ 15336020 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADRI FAMILY OFFICE LTD→ 15791762 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADRIAN CAPITAL LTD→ 16585552 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADS PROPERTY TIC LIMITED→ 12749527 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADSF PROPERTIES LTD→ 16944009 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2023-03-23
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
2 Frederick Street
Kings Cross
London
WC1X 0ND
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30
Officers (1 active · 0 resigned)
SALES DE ANDRADE, Eric Savio→
Activedirector · ~35y · appointed 2023-03-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
8
Outstanding
4
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 13/03/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/02/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 25/04/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 31/03/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 03/02/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 07/11/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 18/10/2024 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 23/08/2024 | — | |
| satisfied | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 23/08/2024 | 28/08/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-01
resolution
resolution · RESOLUTIONS
2024-10-19
memorandum-articles
incorporation · MA
2024-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-28