ARDRESS DEVELOPMENTS LTD

🌳Matureactive
NI628692 · ltd · incorporated 2015-01-15
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£110.2k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
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
6 connected companies via shared directors
63
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £110,235
Very low cash
Cash position: £67
Net assets shrinking
Down £3,838 YoY
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£67
~ YoY
Net Worth
£110k
↓ 3.4% YoY
Current Assets
£564k
↑ 16% YoY
Current Liabilities
£0£113k£226k£338k£451k£564kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£110.2k£114.1k
Current assets£563.8k£488.1k
Cash£67£67
Debtors£20.8k
Net assets£110.2k£114.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (21 events)Click to expand
  1. 2025-10-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-06-06
    HARRISON, Derek Patrick appointed
    director
  5. 2024-10-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-10-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-01-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-10-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-10-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2018-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2017-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2017-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-04-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-04-26
    KENNEDY, Linton resigned
    director
  17. 2016-10-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-04-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2016-04-28
    HARRISON, Claire Louise appointed
    director
  20. 2015-01-15
    🏢
    Company incorporated
    As ARDRESS DEVELOPMENTS LTD
  21. 2015-01-15
    KENNEDY, Linton appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Claire Louise Harrison
Individual · British · DOB 02/1984 · age 42
75100%
75-100% shares06/04/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2015-01-15
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects

Registered office

157 Old Ballynahinch Road
Lisburn
BT27 6TL
Northern Ireland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-05-04OVERDUE
Last: 2025-04-20

Officers (2 active · 1 resigned)

HARRISON, Claire Louise
director · ~42y · appointed 2016-04-28
View their other companies + combined net worth →
Active
HARRISON, Derek Patrick
director · ~43y · appointed 2025-06-06
View their other companies + combined net worth →
Active
KENNEDY, Linton
director · ~55y · appointed 2015-01-15 · resigned 2017-04-26
Resigned

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

Recent filings (28 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-14
change-person-director-company-with-change-date
officers · CH01
2025-08-14
appoint-person-director-company-with-name-date
officers · AP01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-27