ATLAS DEVELOPMENTS PROPERTY MANAGEMENT LTD

🌿Early-stageactive
15145154 · ltd · incorporated 2023-09-18
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£12.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 79-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 79). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 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
4 connected companies via shared directors
57
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £12,798

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£13k
Current Assets
£29k
Current Liabilities
£0£6k£12k£18k£23k£29kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£301.8k
Current assets£29.2k
Net assets£12.8k
Average employees100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-30
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2024-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-11-15
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  5. 2024-10-08
    📍
    change-sail-address-company-with-new-address
    address · AD02
  6. 2024-10-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-05-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2023-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2023-12-04
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  11. 2023-09-18
    🏢
    Company incorporated
    As ATLAS DEVELOPMENTS PROPERTY MANAGEMENT LTD
  12. 2023-09-18
    RUSSELL, Frank David Science appointed
    director
  13. 2023-09-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Frank David Science Russell
Individual · British · DOB 05/1947 · age 79
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/09/2023

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

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
Incorporated2023-09-18
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Atlas Works
Nelson Street
Carlisle
Cumbria
CA2 5NB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (1 active · 0 resigned)

RUSSELL, Frank David Science
director · ~79y · appointed 2023-09-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property04/12/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
change-sail-address-company-with-old-address-new-address
address · AD02
2025-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-06
move-registers-to-sail-company-with-new-address
address · AD03
2024-11-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
change-sail-address-company-with-new-address
address · AD02
2024-10-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-07
change-person-director-company-with-change-date
officers · CH01
2024-10-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
incorporation-company
incorporation · NEWINC
2023-09-18