ADDSL LIMITED

💤Zombieactive
SC419341 · ltd · incorporated 2012-03-13
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.13M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
41 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,127,250

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1.1m
↑ 55% YoY
Current Assets
£1.1m
↑ 55% YoY
Current Liabilities
—
£0£226k£452k£677k£903k£1.1mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.13M£727.3k
Current assets£1.13M£727.0k
Net assets£1.13M£727.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-10-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-10-25
    ➖
    LANDSBURGH, David Scott resigned
    director
  6. 2023-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-03-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-03-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-10-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2019-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2012-03-13
    🏢
    Company incorporated
    As ADDSL LIMITED
  19. 2012-03-13
    ➕
    LANDSBURGH, Andrew David appointed
    director
  20. 2012-03-13
    ➕
    LANDSBURGH, David Scott appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew David Landsburgh
Individual · British · DOB 11/1982 · age 44
25–50%
—25-50% shares13/03/2017
2 historic (ceased) PSCs
  • Mr David Scott Landsburghceased 25/10/2024· 25-50% shares
  • Mr David Scott Landsburghceased 22/03/2023· 25-50% shares

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 →

Similar companies

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LANDWARD SECURITIES (EDINBURGH) LIMITED→
SC052040 · est 1972
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—£3.62M—53y8362y
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SC282486 · est 2005
£1.97M
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—£1.97M—21y8363y
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SC219530 · est 2001
£1.34M
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—£1.34M—25y8364y
PAMABER PROPERTIES LIMITED→
SC147392 · est 1993
£1.21M
£1.03M–£1.39M
—£1.21M—32y8378y
LYNE PROPERTIES (EDINBURGH) LIMITED→
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£1.12M
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—£1.12M—75y8385y
SANTOSHI ENTERPRISE LIMITED→
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£669.9k
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—£669.9k—22y8364y
FACTOTUM (SCOTLAND) LIMITED→
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£338.5k
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—£338.5k—23y8374y
THE OLD SAWMILL LIMITED→
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—£28.1k—20y8363y
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—£19.5k—011y8369y
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
Incorporated2012-03-13
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Bearford House
39 Hanover Street
Edinburgh
EH2 2PJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26

Officers (1 active · 1 resigned)

LANDSBURGH, Andrew David→
director · ~44y · appointed 2012-03-13
View their other companies + combined net worth →
Active
LANDSBURGH, David Scott→
director · ~71y · appointed 2012-03-13 · resigned 2024-10-25
Resigned

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

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-26
termination-director-company-with-name-termination-date
officers · TM01
2024-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-26