ANDIC PROPERTIES LTD
- 68209Other letting and operating of own or leased real estate
Opportunity 71/100 (strong), bankability 70/100. 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
1 live charge · oldest 1.2y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (8 events)Click to expand
- 2025-03-20📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-03-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-21🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-08-05🏢Company incorporatedAs ANDIC PROPERTIES LTD
- 2024-08-05➕ANDIC, Abdullah appointeddirector
- 2024-08-05📄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.
- +Founder name in company name: Company name contains director surname "ANDIC" — strong identity link between founder and business.
- +Young company: Only 1.7 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Abdullah Andic Individual · British · DOB 01/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/08/2024 |
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 |
|---|---|---|---|---|---|---|---|
| JBLETS&STAYS LTD→ SC818422 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| JH HORTON LETTINGS LTD→ SC779904 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| JR STORAGE LIMITED→ SC525859 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| KC PROPERTY RENTALS LTD.→ SC196631 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| KEITH SHERRIT PROPERTIES LIMITED→ SC664663 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KILTED PROPERTY LIMITED→ SC821114 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KINLOCHMOIDART ESTATE LIMITED→ SC840445 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KJM PROPERTY & DEVELOPMENT LTD→ SC828126 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LES-MONA INVESTMENTS LIMITED→ SC700131 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LIGHT BLUE DEVELOPMENTS LIMITED→ SC843335 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LM PROPERTIES (SCOTLAND) LTD→ SC684764 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LOCH NEVIS PROPERTY LIMITED→ SC791975 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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 | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 21/02/2025 | — |