ADSAFE PROPERTY LIMITED

💤Zombieactive
14871104 · ltd · incorporated 2023-05-16
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 May 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 2.2y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (70/100)

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
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
9 filings
60
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31

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
3
filings
  • 2 accounts
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-01-31
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  5. 2024-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-05-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-04-30
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  8. 2023-05-16
    🏢
    Company incorporated
    As ADSAFE PROPERTY LIMITED
  9. 2023-05-16
    HICKMAN, Adam James appointed
    director
  10. 2023-05-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adam James Hickman
Individual · British · DOB 08/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/05/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · DY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3A PROPERTY LETTINGS LTD
16502204 · est 2025 · no financials extracted
A & A WALTERS INVESTMENTS LIMITED
13951951 · est 2022 · no financials extracted
4y
A & G HOLDINGS (MIDLANDS) LIMITED
12461720 · est 2020 · no financials extracted
6y
A G HAWKINS LIMITED
11760472 · est 2019 · no financials extracted
7y
A.A & SONS PROPERTY LTD
15701508 · est 2024 · no financials extracted
1y
A&I RESIDENTIAL LTD
16569194 · est 2025 · no financials extracted
AAI AZIZ HOLDINGS LTD
13265327 · est 2021 · no financials extracted
5y
ADROIT ALTERNATIVES PROPERTIES LIMITED
05107232 · est 2004 · no financials extracted
21y
ADRON PROPERTIES LIMITED
16164884 · est 2025 · no financials extracted
1y
AEQUALIS PROPERTY INVESTMENTS LTD
15722123 · est 2024 · no financials extracted
1y
AEV PROPERTY LIMITED
17090214 · est 2026 · no financials extracted
AFMH PROPERTY DEVELOPERS LTD
15918940 · est 2024 · no financials extracted
1y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2023-05-16
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Unit 18e Long Bank
Bewdley
DY12 2TZ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-29
Last: 2026-05-15

Officers (1 active · 0 resigned)

HICKMAN, Adam James
director · ~38y · appointed 2023-05-16
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
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property31/01/2025
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property30/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-06
accounts-with-accounts-type-dormant
accounts · AA
2024-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-09
incorporation-company
incorporation · NEWINC
2023-05-16