ADAMS OF RYE LIMITED

💤Zombieactive
00512255 · ltd · incorporated 1952-10-13
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.
🔒Estimated value
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Turnover
year to Jan 2025
Net worth
£1.27M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 18129
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47620SIC 47620
  • 47650SIC 47650
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 68). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 55.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 55.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
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
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,266,103
Net assets shrinking
Down £31,852 YoY
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
↓ 17% YoY
Net Worth
£1.3m
↓ 2.5% YoY
Current Assets
£312k
~ YoY
Current Liabilities
£0£260k£519k£779k£1.0m£1.3mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£1.53M£1.57M
Current assets£311.6k£314.1k
Cash£31.2k£37.8k
Debtors£58.3k£50.0k
Net assets£1.27M£1.30M

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 (21 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-05-24
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  5. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-10-16
    FOSTER, Clifford James resigned
    director
  12. 2019-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-11-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2016-11-05
    🔓
    Charge satisfied #1
  17. 2016-10-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-07-31
    FOSTER, Alexandra Rebecca appointed
    secretary
  19. 2011-07-30
    FOSTER, Clifford James resigned
    secretary
  20. 1971-04-02
    🔒
    Charge registered #1
    Lender: National Westminster Bank Limited
  21. 1952-10-13
    🏢
    Company incorporated
    As ADAMS OF RYE LIMITED

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 74 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian James Foster
Individual · British · DOB 07/1958 · age 68
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest17/10/2020
Mrs Janet Elizabeth Ridpath
Individual · British · DOB 09/1952 · age 74
2550%
25-50% shares20/10/2020

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

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
Typeltd
Incorporated1952-10-13
Jurisdictionengland-wales
Primary SIC18129 — SIC 18129

Registered office

8 High Street,
Rye,
Sussex
TN31 7JH

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-09
Last: 2025-07-26

Officers (2 active · 2 resigned)

FOSTER, Alexandra Rebecca
secretary · appointed 2011-07-31
View their other companies + combined net worth →
Active
FOSTER, Ian James
director · ~68y
View their other companies + combined net worth →
Active
FOSTER, Clifford James
secretary · resigned 2011-07-30
Resigned
FOSTER, Clifford James
director · ~93y · resigned 2020-10-16
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank Limited
Legal mortgage1 property02/04/197105/11/2016

Recent filings (92 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-27
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-08
termination-director-company-with-name-termination-date
officers · TM01
2020-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-30