ADJUSTOFORM PRODUCTS LIMITED

🌳Matureactive
00899244 · ltd · incorporated 1967-02-27
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 37.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 14190
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 37.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 37.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 11 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-30
Average employees3200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2026-05-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-03-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-01-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-06-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-06-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-06-01
    CLIFTON, Christopher Robert appointed
    director
  9. 2022-06-01
    FAGG, John Laurence resigned
    director
  10. 2022-04-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-06-21
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2021-05-25
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  15. 2021-05-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2021-05-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2021-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-05-05
    GROVES, Nicholas Peter appointed
    director
  21. 2021-05-05
    POPE, Gareth Trevor appointed
    director
  22. 2021-05-05
    MANSON, Gavin Maxwell resigned
    director
  23. 2021-04-28
    📄
    legacy
    capital · SH20
  24. 2021-04-28
    ⚠️
    legacy
    insolvency · CAP-SS
  25. 2021-04-28
    📄
    resolution
    resolution · RESOLUTIONS
  26. 2020-04-01
    SQUILLACI, Mark Westwood appointed
    director
  27. 2018-11-28
    🔓
    Charge satisfied #3
  28. 2018-11-28
    🔓
    Charge satisfied #2
  29. 2018-09-15
    HUNT, David Sendall resigned
    director
  30. 2017-06-01
    MANSON, Gavin Maxwell appointed
    director
  31. 2017-05-31
    HUNTSMAN, Oliver John Harold resigned
    director
  32. 2014-09-30
    FULLALOVE, Kenneth Henry resigned
    secretary
  33. 2014-09-30
    DARWENT, Christine resigned
    director
  34. 2014-09-30
    FULLALOVE, Kenneth Henry resigned
    director
  35. 2013-12-04
    HUNT, David Sendall appointed
    director
  36. 2004-08-20
    FULLALOVE, Kenneth Henry appointed
    secretary
  37. 2003-11-10
    HOLDSTOCK, Lyn resigned
    secretary
  38. 2000-04-28
    HOLDSTOCK, Lyn resigned
    director
  39. 1996-10-30
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  40. 1996-01-01
    DARWENT, Christine appointed
    director
  41. 1992-04-01
    HOLDSTOCK, Lyn appointed
    director
  42. 1991-12-21
    🔓
    Charge satisfied #1
  43. 1991-11-26
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  44. 1988-08-05
    🔒
    Charge registered #1
    Lender: Scandinavian Bank Group PLC
  45. 1967-02-27
    🏢
    Company incorporated
    As ADJUSTOFORM PRODUCTS LIMITED

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryStable-but-static management: Company is 59 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-04-28: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Groves Of Thame (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Groves Of Thame (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADJUSTOFORM PRODUCTS LIMITED
This company · 00899244

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Groves Of Thame (Holdings) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/05/2021
1 historic (ceased) PSC
  • Electra Private Equity Plcceased 05/05/2021· 75-100% shares

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

7 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
Incorporated1967-02-27
Jurisdictionengland-wales
Primary SIC14190 — SIC 14190

Registered office

Unit 4, Connect 10 Foster Road
Sevington
Ashford
Kent
TN24 0FE
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (4 active · 9 resigned)

CLIFTON, Christopher Robert
director · ~35y · appointed 2022-06-01
View their other companies + combined net worth →
Active
GROVES, Nicholas Peter
director · ~55y · appointed 2021-05-05
View their other companies + combined net worth →
Active
POPE, Gareth Trevor
director · ~57y · appointed 2021-05-05
View their other companies + combined net worth →
Active
SQUILLACI, Mark Westwood
director · ~60y · appointed 2020-04-01
View their other companies + combined net worth →
Active
FULLALOVE, Kenneth Henry
secretary · appointed 2004-08-20 · resigned 2014-09-30
Resigned
HOLDSTOCK, Lyn
secretary · resigned 2003-11-10
Resigned
DARWENT, Christine
director · ~82y · appointed 1996-01-01 · resigned 2014-09-30
Resigned
FAGG, John Laurence
director · ~70y · resigned 2022-06-01
Resigned
FULLALOVE, Kenneth Henry
director · ~92y · resigned 2014-09-30
Resigned
HOLDSTOCK, Lyn
director · ~79y · appointed 1992-04-01 · resigned 2000-04-28
Resigned
HUNT, David Sendall
director · ~71y · appointed 2013-12-04 · resigned 2018-09-15
Resigned
HUNTSMAN, Oliver John Harold
director · ~71y · resigned 2017-05-31
Resigned
MANSON, Gavin Maxwell
director · ~60y · appointed 2017-06-01 · resigned 2021-05-05
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Guarantee and debenture1 property30/10/199628/11/2018
satisfied
Barclays
Barclays Bank PLC
Debenture1 property26/11/199128/11/2018
satisfied
Scandinavian Bank Group
Scandinavian Bank Group PLC
Debenture1 property05/08/198821/12/1991

Recent filings (155 total)

accounts-with-accounts-type-small
accounts · AA
2026-05-05
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-small
accounts · AA
2025-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-small
accounts · AA
2024-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-small
accounts · AA
2023-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-09
appoint-person-director-company-with-name-date
officers · AP01
2022-06-07
termination-director-company-with-name-termination-date
officers · TM01
2022-06-07
change-person-director-company-with-change-date
officers · CH01
2022-06-07
accounts-with-accounts-type-small
accounts · AA
2022-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-04
change-person-director-company-with-change-date
officers · CH01
2022-01-04
change-person-director-company-with-change-date
officers · CH01
2022-01-04