ADDEX URBAN LTD

🌿Early-stageactive
14974565 · ltd · incorporated 2023-07-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£204.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (73/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 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
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £204,647

Key financials

1 year extracted from filed iXBRL accounts
Cash
£222
Net Worth
£205k
Current Assets
£2.0m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£2.83M
Current assets£1.98M
Cash£222
Debtors£624.1k
Net assets£204.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-07-03
    🏢
    Company incorporated
    As ADDEX URBAN LTD
  6. 2023-07-03
    CHING, Loren appointed
    director
  7. 2023-07-03
    CHING, Michael Keith appointed
    director
  8. 2023-07-03
    HUMPHRIS, Neil appointed
    director
  9. 2023-07-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

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
NameSharesVoting rightsNature of controlNotified
Mr Michael Keith Ching
Individual · British · DOB 07/1961 · age 65
2550%
25–50%25-50% shares · 25-50% voting03/07/2023
Mrs Grace Mary Ching
Individual · British · DOB 10/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting03/07/2023

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

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
Incorporated2023-07-03
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

Innovation House Innovation Park
Main Road
Middleton Cheney
Banbury
OX17 2PR
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (3 active · 0 resigned)

CHING, Loren
director · ~39y · appointed 2023-07-03
View their other companies + combined net worth →
Active
CHING, Michael Keith
director · ~65y · appointed 2023-07-03
View their other companies + combined net worth →
Active
HUMPHRIS, Neil
director · ~40y · appointed 2023-07-03
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
incorporation-company
incorporation · NEWINC
2023-07-03