ADNAMS PLC
🌳Matureactive
00031114 · plc · incorporated 1890-03-24
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
ALSO REGISTERED FOR
- 11050Manufacture of beer
- 46342SIC 46342
- 47250SIC 47250
Investor take
PursueStrong opportunity: active trading company with strong profile and structurally messy structure.
Opportunity 73/100 (strong), bankability 52/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
13 live charges · 11 lenders · oldest 66.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 66.2 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
29 officers (6 active, 29 linked, 23 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
192 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (86 events)Click to expand
- 2025-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04🔒Charge registered #13Lender: Carlsberg Marston’S Brewing Company Limited
- 2025-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30➖SHARP, Steven Michael, Dr resigneddirector
- 2025-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-01➕DRISCOLL, Andrew David appointeddirector
- 2025-06-24📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31➖WOOD, Andrew Charles, Dr resigneddirector
- 2024-09-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-09➖ADNAMS, Jonathan resigneddirector
- 2024-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-21🔒Charge registered #12Lender: Carlsberg Marston's Brewing Company Limited
- 2024-06-07📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-08➖HESTER, Karen resigneddirector
- 2023-07-14📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-30➕HEALD, Andrew Michael Hilliard appointeddirector
- 2023-06-30➖DULIEU, Nicola Joy resigneddirector
- 2023-06-30➖HEALD, Michael Guy Hilliard resigneddirector
- 2023-06-12📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-09🔒Charge registered #11Lender: Bridget Fiona Mcintryre, Sadie Jane Lofthouse, Glenys Burwood, Olivia Christou, Alexandra Bianca Hemen and Any Other Person or Persons Who is or are for the Time Being a Trustee of the Adnams Pension Fund
- 2023-02-03➕BERENDJI, Sacha Mark appointeddirector
- 2023-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-01➕TOWNSEND, William Simon appointeddirector
- 2022-12-31➖MCINTYRE, Bridget Fiona resigneddirector
- 2022-06-10📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-06-01📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-21🔒Charge registered #10Lender: Barclays Bank PLC
- 2021-10-18➕FRENCH, Billy Anthony appointedsecretary
- 2021-10-18➖HAWKINS, Naomi Jane resignedsecretary
- 2021-03-26🔓Charge satisfied #9
- 2020-06-18➕HANLON, Jennifer Elizabeth Imogen appointeddirector
- 2020-06-18➖PUGH, Stephen Crommelin resigneddirector
- 2020-06-08➖CANTWELL, Elizabeth Sarah resignedsecretary
- 2020-06-08➕HAWKINS, Naomi Jane appointedsecretary
- 2016-05-20➕CANTWELL, Elizabeth Sarah appointedsecretary
- 2016-05-20➖PUGH, Stephen Crommelin resignedsecretary
- 2015-04-23➕HEALD, Michael Guy Hilliard appointeddirector
- 2015-04-23➕HESTER, Karen appointeddirector
- 2014-05-01➕DULIEU, Nicola Joy appointeddirector
- 2014-04-28➖LOFTUS, Simon Piers Dominic resigneddirector
- 2013-05-01➕MCINTYRE, Bridget Fiona appointeddirector
Showing most recent 50 of 86 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
Active · Food & drink · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGORA LIMITED→ 12414777 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALDER TREE LIMITED→ 06058884 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALEX’S FAMILY LTD→ 16988492 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALGAECON LTD→ 14208977 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALI9NED LTD→ 16845886 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL WORLD PRODUCTS LTD→ 11757608 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AMPERSAND BREW CO LTD→ 10566411 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ANCIENT EXTRACTS LTD→ 14982337 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARC CIDER LIMITED→ 15094230 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARTEFACT BREWING LTD→ 11966525 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ATHAND LTD→ 16867576 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AULUMBEE LIMITED→ 13097796 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Typeplc
Incorporated1890-03-24
Jurisdictionengland-wales
Primary SIC11010 — SIC 11010
Registered office
East Green,
Southwold,
Suffolk
IP18 6JW
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26
Officers (6 active · 23 resigned)
FRENCH, Billy Anthony→
Activesecretary · appointed 2021-10-18
View their other companies + combined net worth →
BERENDJI, Sacha Mark→
Activedirector · ~56y · appointed 2023-02-03
View their other companies + combined net worth →
DRISCOLL, Andrew David→
Activedirector · ~53y · appointed 2025-09-01
View their other companies + combined net worth →
HANLON, Jennifer Elizabeth Imogen→
Activedirector · ~50y · appointed 2020-06-18
View their other companies + combined net worth →
HEALD, Andrew Michael Hilliard→
Activedirector · ~39y · appointed 2023-06-30
View their other companies + combined net worth →
TOWNSEND, William Simon→
Activedirector · ~64y · appointed 2023-01-01
View their other companies + combined net worth →
CANTWELL, Elizabeth Sarah→
Resignedsecretary · appointed 2016-05-20 · resigned 2020-06-08
HAWKINS, Naomi Jane→
Resignedsecretary · appointed 2020-06-08 · resigned 2021-10-18
NICHOLSON, Robert John→
Resignedsecretary · appointed 2000-01-01 · resigned 2003-12-08
PUGH, Stephen Crommelin→
Resignedsecretary · appointed 2003-12-09 · resigned 2016-05-20
SEGRAVE-DALY, Bernard→
Resignedsecretary · resigned 1999-12-31
ADNAMS, John Adair→
Resigneddirector · ~102y · resigned 2005-04-25
ADNAMS, Jonathan→
Resigneddirector · ~70y · resigned 2024-09-09
CURZON, Stephen Derek→
Resigneddirector · ~64y · appointed 2005-01-10 · resigned 2008-03-31
DULIEU, Nicola Joy→
Resigneddirector · ~63y · appointed 2014-05-01 · resigned 2023-06-30
HEALD, Michael Guy Hilliard→
Resigneddirector · ~76y · appointed 2015-04-23 · resigned 2023-06-30
HESTER, Karen→
Resigneddirector · ~64y · appointed 2015-04-23 · resigned 2024-04-08
KENDALL, William Bruce→
Resigneddirector · ~65y · appointed 2001-01-01 · resigned 2013-04-29
LOFTUS, Simon Piers Dominic→
Resigneddirector · ~80y · resigned 2014-04-28
MCINTYRE, Bridget Fiona→
Resigneddirector · ~65y · appointed 2013-05-01 · resigned 2022-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
5
Outstanding
4
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Carlsberg Marston’S Brewing Company Carlsberg Marston’S Brewing Company Limited | A registered charge | 1 property | 04/11/2025 | — | |
| outstanding | Carlsberg Marston's Brewing Company Carlsberg Marston's Brewing Company Limited | A registered charge | 3 properties | 21/08/2024 | — | |
| outstanding | Bridget Fiona Mcintryre, Sadie Jane Lofthouse, Glenys Burwood, Olivia Christou, Alexandra Bianca Hemen and Any Other Person or Persons Who is or are for the Time Being a Trustee of the Adnams Pension Fund | A registered charge | 3 properties | 09/02/2023 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 21/03/2022 | — | |
| satisfied | Woburn Estate Company Bedford Estates Nominees Woburn Estate Company Limited Bedford Estates Nominees Limited | Rent deposit deed | 1 property | 30/08/2011 | 26/03/2021 | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 09/03/2009 | — | |
| satisfied | Timothy Yeo | Legal charge | 1 property | 21/10/1998 | 25/05/2001 | |
| satisfied | Timothy Yeo | Legal charge | 1 property | 27/06/1995 | 25/05/2001 | |
| satisfied | Timothy Yeo. | Legal charge | 1 property | 20/08/1993 | 04/07/1995 | |
| satisfied | Thorpenen Thorpenen LTD | Mortgage | 1 property | 19/03/1975 | 04/11/1995 | |
| satisfied | Sir G. R. E. Blois | Legal charge | 1 property | 06/01/1967 | 10/07/2009 | |
| satisfied | S. W. Mackenze. | Legal charge | 1 property | 30/08/1963 | 10/07/2009 | |
| satisfied | Equity & Law Life Assurance Society . Equity & Law Life Assurance Society LTD. | Deed of substitution | 1 property | 01/03/1960 | 05/07/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (192 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-10-01
appoint-person-director-company-with-name-date
officers · AP01
2025-09-15
accounts-with-accounts-type-full
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
termination-director-company-with-name-termination-date
officers · TM01
2025-01-01
termination-director-company-with-name-termination-date
officers · TM01
2024-09-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-full
accounts · AA
2024-06-07
termination-director-company-with-name-termination-date
officers · TM01
2024-04-18
accounts-with-accounts-type-full
accounts · AA
2023-07-14
appoint-person-director-company-with-name-date
officers · AP01
2023-07-06
termination-director-company-with-name-termination-date
officers · TM01
2023-07-06
termination-director-company-with-name-termination-date
officers · TM01
2023-07-06