ADLINGTON ROAD LIMITED

🌿Early-stageactive
15546606 · ltd · incorporated 2024-03-07
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-69.3k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 0.5y

50/100
clean up first

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

  • · Newest facility, 0.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £69,340

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£69k
Current Assets
£2.3m
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Total assets£2.32M
Current assets£2.32M
Net assets£-69.3k

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
3
filings
  • 1 confirmation-statement
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-01-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-01-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2026-01-09
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  4. 2025-12-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-11-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-11-20
    PETRIE, Sarah Anne appointed
    director
  7. 2025-11-20
    FRASER, Grace Elizabeth resigned
    director
  8. 2025-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-07-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-03-07
    🏢
    Company incorporated
    As ADLINGTON ROAD LIMITED
  11. 2024-03-07
    FRASER, Stuart Alan appointed
    director
  12. 2024-03-07
    FRASER, Grace Elizabeth appointed
    director
  13. 2024-03-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

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

1 low
Multiple registered office changes
low

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

Group structure

Fraser Family Invesco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Fraser Family Invesco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADLINGTON ROAD LIMITED
This company · 15546606

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Fraser Family Invesco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/03/2024

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
Incorporated2024-03-07
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

1 Market Street
Altrincham
WA14 1QE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06

Officers (2 active · 1 resigned)

FRASER, Stuart Alan
director · ~48y · appointed 2024-03-07
View their other companies + combined net worth →
Active
PETRIE, Sarah Anne
director · ~43y · appointed 2025-11-20
View their other companies + combined net worth →
Active
FRASER, Grace Elizabeth
director · ~48y · appointed 2024-03-07 · resigned 2025-11-20
Resigned

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
Together Money
Together Commercial Finance Limited
A registered charge09/01/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-09
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
appoint-person-director-company-with-name-date
officers · AP01
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
incorporation-company
incorporation · NEWINC
2024-03-07