ADDKIP LIMITED

💤Zombieactive
SC106960 · ltd · incorporated 1987-10-05
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
year to Mar 2025
Net worth
£-78.9k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 38.3y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 38.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £78,854

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£79k
~ YoY
Current Assets
Current Liabilities
-£79k-£79k-£79k-£79k-£79k-£79kMar 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£-16.8k£-16.8k
Net assets£-78.9k£-78.9k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-11-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-07-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-02-24
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  12. 2020-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-05-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-02-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2019-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-04-02
    ALLAN, Elaine resigned
    secretary
  18. 2012-02-20
    ALLAN, Elaine resigned
    director
  19. 2010-11-26
    🔓
    Charge satisfied #2
  20. 2010-11-26
    🔓
    Charge satisfied #1
  21. 2006-06-01
    🔓
    Charge satisfied #3
  22. 2002-04-10
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  23. 2002-03-18
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  24. 1991-02-13
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  25. 1988-03-10
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  26. 1987-12-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  27. 1987-10-05
    🏢
    Company incorporated
    As ADDKIP LIMITED

Owner dependency

90/100
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 71 — succession pressure is live.

Succession & seller-readiness

85/100
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 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gilmour Allan
Individual · British · DOB 06/1955 · age 71
75100%
75-100% shares28/05/2019

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
Incorporated1987-10-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Studio 4, Ground Floor Sir James Clark Building
Abbey Mill Business Centre
Paisley
Renfrewshire
PA1 1TJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (1 active · 2 resigned)

ALLAN, Gilmour
director · ~71y
View their other companies + combined net worth →
Active
ALLAN, Elaine
secretary · resigned 2018-04-02
Resigned
ALLAN, Elaine
director · ~63y · resigned 2012-02-20
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/04/2002
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/03/2002
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property13/02/199101/06/2006
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property10/03/198826/11/2010
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property18/12/198726/11/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-24
accounts-with-accounts-type-dormant
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-24
change-person-director-company-with-change-date
officers · CH01
2024-06-19
accounts-with-accounts-type-dormant
accounts · AA
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-dormant
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-dormant
accounts · AA
2022-06-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-dormant
accounts · AA
2021-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09
accounts-with-accounts-type-dormant
accounts · AA
2020-07-27