ADDICA LIMITED

🌳Matureactive
00967390 · ltd · incorporated 1969-12-02
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 29.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 24410
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 29.2y

70/100
ready

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

  • · Oldest live charge is 29.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£61k£122k£183k£243k£304kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets—£274.7k
Current assets—£304.2k
Cash—£106.7k
Debtors—£180.4k
Net assets—£260.4k
Average employees5—

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
2
filings
  • • 2 officers
Last 90 days
2
filings
  • • 2 officers
Last 180 days
3
filings
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-05-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-05-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-11-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2024-07-08
    ➖
    COOK, Karen Denise resigned
    secretary
  8. 2024-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2023-04-14
    ➕
    NALBANT, Diana Joyce appointed
    director
  11. 2023-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2022-02-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-11-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2017-11-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2017-07-21
    ➕
    MCDERMOTT, Philip appointed
    director
  21. 2017-07-21
    ➕
    COOK, Karen Denise appointed
    secretary
  22. 2017-07-21
    ➖
    OAKLEY, Andrew Charles Gilbert resigned
    secretary
  23. 2017-07-21
    ➖
    OAKLEY, Andrew Charles Gilbert resigned
    director
  24. 2017-07-21
    ➖
    OAKLEY, Jean Marie Theresa resigned
    director
  25. 2017-07-21
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  26. 2017-06-16
    🔓
    Charge satisfied #1
  27. 2001-03-28
    ➕
    OAKLEY, Andrew Charles Gilbert appointed
    director
  28. 1997-11-07
    ➖
    WILLIAMS, Ernest Arthur Frederick resigned
    director
  29. 1997-11-04
    ➕
    OAKLEY, Andrew Charles Gilbert appointed
    secretary
  30. 1997-11-04
    ➖
    OAKLEY, Jean Marie Theresa resigned
    secretary
  31. 1997-04-07
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  32. 1997-03-07
    ➕
    OAKLEY, Jean Marie Theresa appointed
    secretary
  33. 1997-03-07
    ➖
    WILLIAMS, Jean Monica resigned
    secretary
  34. 1997-03-07
    ➖
    WILLIAMS, Ernest Arthur resigned
    director
  35. 1997-03-07
    ➖
    WILLIAMS, Jean Monica resigned
    director
  36. 1969-12-02
    🏢
    Company incorporated
    As ADDICA LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 57 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.)

Group structure

W M Holdings (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
W M Holdings (Uk) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ADDICA LIMITED
This company · 00967390

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
W M Holdings (Uk) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control21/07/2017
2 historic (ceased) PSCs
  • Mr Andrew Charles Gilbert Oakleyceased 21/07/2017· 25-50% shares · 25-50% voting · board control
  • Mrs Jean Marie Theresa Oakleyceased 21/07/2017· 25-50% shares · 25-50% voting · board control

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
Incorporated1969-12-02
Jurisdictionengland-wales
Primary SIC24410 — SIC 24410

Registered office

124 High Street
Bromsgrove
B61 8HJ
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (2 active · 9 resigned)

MCDERMOTT, Philip→
director · ~66y · appointed 2017-07-21
View their other companies + combined net worth →
Active
NALBANT, Diana Joyce→
director · ~57y · appointed 2023-04-14
View their other companies + combined net worth →
Active
COOK, Karen Denise→
secretary · appointed 2017-07-21 · resigned 2024-07-08
Resigned
OAKLEY, Andrew Charles Gilbert→
secretary · appointed 1997-11-04 · resigned 2017-07-21
Resigned
OAKLEY, Jean Marie Theresa→
secretary · appointed 1997-03-07 · resigned 1997-11-04
Resigned
WILLIAMS, Jean Monica→
secretary · resigned 1997-03-07
Resigned
OAKLEY, Andrew Charles Gilbert→
director · ~75y · appointed 2001-03-28 · resigned 2017-07-21
Resigned
OAKLEY, Jean Marie Theresa→
director · ~74y · resigned 2017-07-21
Resigned
WILLIAMS, Ernest Arthur Frederick→
director · ~62y · resigned 1997-11-07
Resigned
WILLIAMS, Ernest Arthur→
director · ~112y · resigned 1997-03-07
Resigned
WILLIAMS, Jean Monica→
director · ~98y · resigned 1997-03-07
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge—21/07/2017—
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property07/04/199716/06/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

change-person-director-company-with-change-date
officers · CH01
2026-05-19
change-person-director-company-with-change-date
officers · CH01
2026-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
appoint-person-director-company-with-name-date
officers · AP01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-15
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-04
change-account-reference-date-company-current-extended
accounts · AA01
2022-02-28