ADD LETTINGS LTD
- 68209Other letting and operating of own or leased real estate
Opportunity 65/100 (strong), bankability 60/100. 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).
Refinance opportunity
8 live charges · 2 lenders · oldest 2.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.5 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | — | £34.4k |
| Current assets | — | £3.6k |
| Net assets | — | £-17.2k |
| Average employees | 0 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 accounts
- • 1 capital
- • 1 resolution
Corporate timeline (23 events)Click to expand
- 2026-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-24📄capital-allotment-sharescapital · SH01
- 2025-12-04📄resolutionresolution · RESOLUTIONS
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-01🔒Charge registered #7Lender: Aldermore Bank PLC
- 2025-09-01🔒Charge registered #6Lender: Aldermore Bank PLC
- 2025-09-01🔒Charge registered #5Lender: Aldermore Bank PLC
- 2025-09-01🔒Charge registered #4Lender: Aldermore Bank PLC
- 2025-09-01🔒Charge registered #3Lender: Aldermore Bank PLC
- 2025-09-01🔒Charge registered #2Lender: Aldermore Bank PLC
- 2025-08-18🔒Charge registered #8Lender: Aldermore Bank PLC
- 2025-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-01🔒Charge registered #1Lender: Paragon Bank PLC
- 2023-07-05🏢Company incorporatedAs ADD LETTINGS LTD
- 2023-07-05➕DONALDSON, Andrew David appointeddirector
- 2023-07-05📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-09-01: A registered charge; 2025-09-01: A registered charge; 2025-09-01: A registered charge
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew David Donaldson Individual · British · DOB 06/1973 · age 53 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/07/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLENAPPIN LIMITED→ SC063313 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GLENCARSE LIMITED→ SC300878 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| GLENDEVON CONSTRUCTION LIMITED→ SC058643 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| GLENFARG REAL ESTATE LIMITED→ SC385859 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GLENGASK LIMITED→ SC055519 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| GRAMPIAN ESTATES LIMITED→ SC491511 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GRANT ESTATE AND LETTING LTD→ SC878472 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GROAN LTD→ SC803085 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HAB PROPERTIES LTD→ SC722666 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HALLOS CHOICE UK LTD→ SC826222 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HARLEY RESIDENTIAL LIMITED→ SC702731 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HARRIS RESIDENTIAL LETTINGS LTD→ SC862712 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
10 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 18/08/2025 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 01/11/2023 | — |