ADELCO SCREEN PROCESS LIMITED
💤Zombieactive
01069153 · ltd · incorporated 1972-09-01
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
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 28940
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 35.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 35.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
151 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
8
filings
- • 2 capital
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-05📄resolutionresolution · RESOLUTIONS
- 2026-02-04📄capital-cancellation-sharescapital · SH06
- 2026-02-04📄capital-return-purchase-own-sharescapital · SH03
- 2026-01-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖SMITH, Daniel Leigh resigneddirector
- 2025-09-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-18📄capital-return-purchase-own-sharescapital · SH03
- 2025-06-09📄resolutionresolution · RESOLUTIONS
- 2025-06-02📄capital-cancellation-sharescapital · SH06
- 2025-06-02📄resolutionresolution · RESOLUTIONS
- 2025-04-01➕SMITH, Luke appointedsecretary
- 2025-04-01➖SMITH, Mark Alan resignedsecretary
- 2025-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-25📄resolutionresolution · RESOLUTIONS
- 2022-07-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-14➖SMITH, Leigh Christopher resigneddirector
- 2022-06-14➖SMITH, Mark Alan resigneddirector
- 2017-06-15➕SMITH, Luke James appointeddirector
- 2017-06-15➕SMITH, Daniel Leigh appointeddirector
- 2009-08-14🔓Charge satisfied #6
- 2000-11-08🔓Charge satisfied #4
- 1999-08-31➖CRUTCHFIELD, Lawrence resigneddirector
- 1999-08-31➖CRUTCHFIELD, Roger resigneddirector
- 1999-07-31➖SMITH, Alan George resigneddirector
- 1999-07-30🔒Charge registered #6Lender: National Westminster Bank PLC
- 1999-05-18🔒Charge registered #5Lender: National Westminster Bank PLC
- 1997-11-27🔓Charge satisfied #3
- 1997-11-27🔓Charge satisfied #2
- 1997-11-27🔓Charge satisfied #1
- 1994-02-17🔒Charge registered #4Lender: Norwich and Peterborough Building Society
- 1993-09-13🔒Charge registered #3Lender: Tsb Bank PLC
- 1993-02-08➖CRUTCHFIELD, Lawrence resignedsecretary
- 1993-02-08➕SMITH, Mark Alan appointedsecretary
- 1990-11-30🔒Charge registered #2Lender: Hill Samuel Bank Limited
- 1990-11-30🔒Charge registered #1Lender: Hill Samuel Bank Limited.
- 1972-09-01🏢Company incorporatedAs ADELCO SCREEN PROCESS LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leigh Christopher Smith Individual · British · DOB 05/1962 · age 64 | 25–50% | — | 25-50% shares | 31/12/2025 |
Mr Luke James Smith Individual · British · DOB 06/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/06/2022 |
3 historic (ceased) PSCs
- Daniel Leigh Smithceased 31/12/2025· 25-50% shares · 25-50% voting · board control
- Mr Leigh Christopher Smithceased 14/06/2022· 25-50% shares · 25-50% voting
- Mr Mark Alan Smithceased 14/06/2022· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Manufacturing · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A AND L MOORINGS LIMITED→ 16554468 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A. J. FABRICATIONS LIMITED→ 04335041 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| A.J. MARTIN VENTILATION SERVICES LIMITED→ 03991894 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| A.J. SIGNS LIMITED→ 01846463 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| ABUS CRANE SYSTEMS LIMITED→ 02591463 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| ACOUSTIC MONITORING INTERNATIONAL LTD→ 15310630 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACUSON UNITED KINGDOM LTD.→ 13469323 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADAPTSYS LIMITED→ 04784200 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADCO (UK) LIMITED→ 03693695 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| ADDITIVE FIRST LIMITED→ 13664841 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADDLESTONE ELECTRONICS LIMITED→ 00822762 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| ADELE ROSIE FINE JEWELLERY LIMITED→ 17126823 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1972-09-01
Jurisdictionengland-wales
Primary SIC28940 — SIC 28940
Registered office
Highview
High Street
Bordon
Hants
GU35 0AX
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29
Officers (2 active · 8 resigned)
Active
SMITH, Luke James→
Activedirector · ~37y · appointed 2017-06-15
View their other companies + combined net worth →
CRUTCHFIELD, Lawrence→
Resignedsecretary · resigned 1993-02-08
SMITH, Mark Alan→
Resignedsecretary · appointed 1993-02-08 · resigned 2025-04-01
CRUTCHFIELD, Lawrence→
Resigneddirector · ~113y · resigned 1999-08-31
CRUTCHFIELD, Roger→
Resigneddirector · ~83y · resigned 1999-08-31
SMITH, Alan George→
Resigneddirector · ~88y · resigned 1999-07-31
SMITH, Daniel Leigh→
Resigneddirector · ~36y · appointed 2017-06-15 · resigned 2025-12-31
SMITH, Leigh Christopher→
Resigneddirector · ~64y · resigned 2022-06-14
SMITH, Mark Alan→
Resigneddirector · ~62y · resigned 2022-06-14
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 30/07/1999 | 14/08/2009 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 18/05/1999 | — | |
| satisfied | Norwich and Peterborough Building Society | Mortgage | 1 property | 17/02/1994 | 08/11/2000 | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | Transfer deed | 2 properties | 13/09/1993 | 27/11/1997 | |
| satisfied | Hill Samuel Bank Hill Samuel Bank Limited | Debenture | 1 property | 30/11/1990 | 27/11/1997 | |
| satisfied | Hill Samuel Bank . Hill Samuel Bank Limited. | Legal mortgage | 2 properties | 30/11/1990 | 27/11/1997 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (151 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
resolution
resolution · RESOLUTIONS
2026-02-05
capital-cancellation-shares
capital · SH06
2026-02-04
capital-return-purchase-own-shares
capital · SH03
2026-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-27
termination-director-company-with-name-termination-date
officers · TM01
2026-01-27
appoint-person-secretary-company-with-name-date
officers · AP03
2025-09-01
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-01
capital-return-purchase-own-shares
capital · SH03
2025-06-18
resolution
resolution · RESOLUTIONS
2025-06-09
capital-cancellation-shares
capital · SH06
2025-06-02
resolution
resolution · RESOLUTIONS
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02