ADDISON NO. 1 LLP
💤Zombieactive
OC347970 · llp · incorporated 2009-08-17
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
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 14 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
🏦
Refinance opportunity
17 live charges · 11 lenders · oldest 16.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.4 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2026-02-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-12-04📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC05
- 2025-09-30📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-09-30🔓Charge satisfied #17
- 2025-09-11📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-08-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-02-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-08-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-02-08📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-11-17📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2021-11-05🔒Charge registered #17Lender: National Westminster Bank PLC
- 2021-07-31📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-10-27📄accounts-with-accounts-type-fullaccounts · AA
- 2020-02-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-12-17📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2019-12-17🔒Charge registered #16Lender: The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's
- 2019-09-23📄accounts-with-accounts-type-fullaccounts · AA
- 2019-02-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2018-08-02📄accounts-with-accounts-type-fullaccounts · AA
- 2018-01-31📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-07-25📄accounts-with-accounts-type-fullaccounts · AA
- 2017-01-31📄confirmation-statement-with-updatesconfirmation-statement · LLCS01
- 2016-08-16📄accounts-with-accounts-type-fullaccounts · AA
- 2014-06-10➕ADDISON CAPITAL LIMITED appointedcorporate-llp-member
- 2014-06-10➖BEVERLEY, Andrew resignedllp-member
- 2014-06-10➖GILL, Benjamin resignedllp-member
- 2014-06-10➖PROTEGO CAPITAL LIMITED resignedcorporate-llp-member
- 2012-11-29🔒Charge registered #15Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2012-11-29🔒Charge registered #14Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2012-11-29🔒Charge registered #13Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2012-11-14🔒Charge registered #12Lender: Lloyd's, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01)
- 2012-11-13➖PATRONUS CAPITAL OVERSEAS LIMITED BVI resignedcorporate-llp-member
- 2012-11-13➕PROTEGO CAPITAL LIMITED appointedcorporate-llp-member
- 2011-02-02🔒Charge registered #11Lender: Lloyds Tsb Bank PLC
- 2011-02-02🔒Charge registered #10Lender: Lloyds Tsb Bank PLC
- 2010-07-06➖PATRONUS CAPITAL OVERSEAS LIMITED resignedcorporate-llp-member
- 2010-07-06➕PATRONUS CAPITAL OVERSEAS LIMITED BVI appointedcorporate-llp-member
- 2010-02-02🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2010-02-02🔒Charge registered #8Lender: Lloyds Tsb Bank PLC
- 2010-01-01🔒Charge registered #7Lender: The American Trustee, All Policy Holders and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #6Lender: Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01)
- 2010-01-01🔒Charge registered #5Lender: Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01)
- 2010-01-01🔒Charge registered #4Lender: Rbc Dexia Investor Services Trust and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #3Lender: Lloyd’S, and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #2Lender: Lloyd’S, the Regulating Trustee and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
Showing most recent 50 of 57 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 low16 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Addison Capital Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Addison Capital Limited
Corporate parent
⬇
ADDISON NO. 1 LLP
This company · OC347970
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Addison Capital Limited Corporate entity | — | 75–100% | 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 2190 NEW GEORGE ST PLYMOUTH (FREEHOLDCO) LIMITED→ 09470468 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 2341 CLARENCE ST KINGSTON UT (FREEHOLDCO) LIMITED→ 12298708 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 24 PROPERTY GROUP LTD→ 16932997 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2795 FOSSE PK LEICESTER (LEASECO) LIMITED→ 12332456 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 27A MEDWAY LIMITED→ 15261382 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 29 BELSIZE CRESCENT LIMITED→ 04080112 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 2KG INVESTMENTS LTD.→ 12775749 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2LET NOTTINGHAM LIMITED→ 07647070 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 2ME2U PROPERTY LTD→ 16383144 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2P LIMITED→ 10165060 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2PLUS2 PROPERTY LIMITED→ 08603627 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 3034 ST ANDREW SQ EDINBURGH HN (LEASECO) LIMITED→ 17105879 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Typellp
Incorporated2009-08-17
Jurisdictionengland-wales
Primary SIC—
Registered office
3 Castlegate
Grantham
Lincolnshire
NG31 6SF
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27
Officers (3 active · 5 resigned)
FIDENTIA NOMINEES LIMITED→
Activecorporate-llp-designated-member · appointed 2009-08-17
View their other companies + combined net worth →
FIDENTIA TRUSTEES LIMITED→
Activecorporate-llp-designated-member · appointed 2009-08-17
View their other companies + combined net worth →
ADDISON CAPITAL LIMITED→
Activecorporate-llp-member · appointed 2014-06-10
View their other companies + combined net worth →
BEVERLEY, Andrew→
Resignedllp-member · ~65y · appointed 2009-08-17 · resigned 2014-06-10
GILL, Benjamin→
Resignedllp-member · ~57y · appointed 2009-08-17 · resigned 2014-06-10
PATRONUS CAPITAL OVERSEAS LIMITED→
Resignedcorporate-llp-member · appointed 2009-08-17 · resigned 2010-07-06
PATRONUS CAPITAL OVERSEAS LIMITED BVI→
Resignedcorporate-llp-member · appointed 2010-07-06 · resigned 2012-11-13
PROTEGO CAPITAL LIMITED→
Resignedcorporate-llp-member · appointed 2012-11-13 · resigned 2014-06-10
Click a director name to see their full track record across all companies.
Mortgages & charges
17
Total charges
16
Outstanding
10
Active lenders
Status:Lender:17 of 17 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 05/11/2021 | 30/09/2025 | |
| outstanding | The Society by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom Nomina 479 is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of Nomina 479’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable) / Those to Whom Nomina 479 is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom Nomina 479 is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of Nomina 479’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable) / Those to Whom Nomina 479 is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit | A registered charge | 1 property | 17/12/2019 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (10) (the trust deed) | 1 property | 29/11/2012 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (10) (the trust deed) | 1 property | 29/11/2012 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (10) (the trust deed) | 1 property | 29/11/2012 | — | |
| outstanding | Lloyd's, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01) | Deed of undertaking dated 14 november 2012 (the undertaking) between the society incorporated by lloyd's act 1871 by the name of lloyd's (the society), nameco (no.1001) limited (the member) and the LLP | 2 properties | 14/11/2012 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2011 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2011 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A deed of charge | 1 property | 02/02/2010 | — | |
| outstanding | The American Trustee, All Policy Holders and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s american trust deed dated 24 march 2009 (the trust deed) | 4 properties | 01/01/2010 | — | |
| outstanding | Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01) | Lloyd’s asia (singapore policies) instrument 2002 (general business of all underwriting members) (the singapore policies instrument) dated 13 february 2002 | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01) | Lloyd’s asia (offshore policies) instrument 2002 (general business of all underwriting members) (the offshore policies instrument) dated 13 february 2002 | 1 property | 01/01/2010 | — | |
| outstanding | Rbc Dexia Investor Services Trust and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s canadian trust deed dated 25 may 2001 (the trust deed) | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S, and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Amendment and restatement lloyd’s american instrument 1995 (general business of corporate members) (the 1995 american instrument (corporate members)) dated 31 july 1995 and amended on 28 december 2001, 1 april 2001, 1 august 2001, 13 february 2002, 27 september 2007 and 24 march 2009 | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S, the Regulating Trustee and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s premium trust deed (general business) (the trust deed) | 1 property | 01/01/2010 | — | |
| outstanding | The Society, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Security and trust deed (letter of credit and guarantee) (gen) (09) ("the trust deed") | 2 properties | 01/01/2010 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-02-27
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC05
2025-12-04
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-09-30
accounts-with-accounts-type-full
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-02-28
accounts-with-accounts-type-full
accounts · AA
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-02-27
accounts-with-accounts-type-full
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-02-13
accounts-with-accounts-type-full
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-02-08
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2021-11-17
accounts-with-accounts-type-full
accounts · AA
2021-07-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-02-12