A & D HOMES LTD

🌿Early-stageactive
SC763284 · ltd · incorporated 2023-03-22
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
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Turnover
year to Mar 2025
Net worth
£816
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
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 · accounting standard not declared
Positive net assets
Net assets £816
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£816
↑ 135% YoY
Current Assets
£37k
↓ 63% YoY
Current Liabilities
-£2k£18k£39k£59k£80k£100kMar 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£37.5k£195.1k
Current assets£37.5k£100.1k
Net assets£816£-2.3k

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
3
filings
  • 2 dissolution
  • 1 gazette
Last 180 days
4
filings
  • 2 dissolution
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-03-17
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  2. 2026-02-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2026-01-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2025-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-22
    🏢
    Company incorporated
    As A & D HOMES LTD
  7. 2023-03-22
    COLLISS, David Neil appointed
    director
  8. 2023-03-22
    MILLAR, Andrew Blair appointed
    director
  9. 2023-03-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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: 2026-04-04

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Neil Colliss
Individual · British · DOB 12/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/03/2023
Mr Andrew Blair Millar
Individual · British · DOB 06/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/03/2023

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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2023-03-22
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

19 Angus Road
Scone
Perth
PH2 6QU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-04OVERDUE
Last: 2025-03-21

Officers (2 active · 0 resigned)

COLLISS, David Neil
director · ~49y · appointed 2023-03-22
View their other companies + combined net worth →
Active
MILLAR, Andrew Blair
director · ~49y · appointed 2023-03-22
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2026-03-17
gazette-notice-voluntary
gazette · GAZ1(A)
2026-02-03
dissolution-application-strike-off-company
dissolution · DS01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
incorporation-company
incorporation · NEWINC
2023-03-22