ADRIAN MIBUS LIMITED

💤Zombieactive
01173060 · ltd · incorporated 1974-06-07
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 May 2024
Net worth
£2.00M
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 47781
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 46.0y

15/100
under pressure

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

  • · Oldest live charge is 46.0 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,997,328

Key financials

1 year extracted from filed iXBRL accounts
Cash
£128k
Net Worth
£2.0m
Current Assets
£2.7m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-31
Total assets£2.00M
Current assets£2.66M
Cash£127.7k
Debtors£163.8k
Net assets£2.00M

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 (39 events)Click to expand
  1. 2025-11-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-10-16
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-04-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-06-22
    ➖
    MIBUS, Alexandre Roger resigned
    director
  9. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-04-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2018-04-24
    🔓
    Charge satisfied #6
  16. 2018-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-03-14
    🔒
    Charge registered #8
    Lender: Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
  18. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-04-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2017-04-08
    🔓
    Charge satisfied #7
  21. 2009-08-19
    ➕
    MIBUS, Alexandre Roger appointed
    director
  22. 2008-06-20
    🔓
    Charge satisfied #5
  23. 2008-06-20
    🔓
    Charge satisfied #4
  24. 2008-06-20
    🔓
    Charge satisfied #3
  25. 2008-06-20
    🔓
    Charge satisfied #2
  26. 2008-06-09
    🔒
    Charge registered #7
    Lender: Adam & Company PLC
  27. 2008-06-09
    🔒
    Charge registered #6
    Lender: Adan & Company PLC
  28. 2004-06-17
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  29. 2003-02-14
    ➕
    FERMON, An Jo appointed
    secretary
  30. 2003-02-14
    ➖
    MIBUS, Laurence Louise resigned
    secretary
  31. 1995-04-07
    🔓
    Charge satisfied #1
  32. 1994-12-13
    🔒
    Charge registered #4
    Lender: Midland Bank PLC
  33. 1994-03-16
    🔒
    Charge registered #3
    Lender: Credit Lyonnais
  34. 1993-02-08
    ➖
    MIBUS, Adrian Alan resigned
    secretary
  35. 1993-02-08
    ➕
    MIBUS, Laurence Louise appointed
    secretary
  36. 1993-02-08
    ➖
    PAISNEL, Stephen Marcel resigned
    director
  37. 1990-04-23
    🔒
    Charge registered #2
    Lender: Credit Lyonnais
  38. 1980-05-16
    🔒
    Charge registered #1
    Lender: Credit Lyonnais
  39. 1974-06-07
    🏢
    Company incorporated
    As ADRIAN MIBUS LIMITED

Owner dependency

100/100
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 name in company name: Company name contains director surname "MIBUS" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adrian Alan Mibus
Individual · British · DOB 02/1946 · age 80
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · Retail · SG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 ST CLASS PRODUCTS LIMITED→
15852362 · est 2024 · no financials extracted
————1y——
21ST CENTURY OFFICE CONCEPTS LIMITED→
03164838 · est 1996 · no financials extracted
————30y——
2ND LIFE IT LTD→
16341272 · est 2025 · no financials extracted
————1y——
3 RETRO LTD→
10302148 · est 2016 · no financials extracted
————9y——
7 DAYS EXPRESS STEVENAGE LTD→
15171836 · est 2023 · no financials extracted
————2y——
AARDVARK BUSINESS SUPPLIES LIMITED→
06364531 · est 2007 · no financials extracted
————18y——
ACCENTURA LTD→
06225273 · est 2007 · no financials extracted
————18y——
ADINDI.CO.UK LIMITED→
06349337 · est 2007 · no financials extracted
————18y——
AEGISGEAR LTD→
16785870 · est 2025 · no financials extracted
———————
AFTER HOURS COMPUTERS LIMITED→
05845637 · est 2006 · no financials extracted
————19y——
AGRI-SUPPLY UK LIMITED→
06617631 · est 2008 · no financials extracted
————17y——
AHJIN LTD→
14074205 · est 2022 · no financials extracted
————3y——
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
Incorporated1974-06-07
Jurisdictionengland-wales
Primary SIC47781 — SIC 47781

Registered office

Suite 3 Middlesex House
Rutherford Close
Stevenage
Hertfordshire
SG1 2EF
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26

Officers (2 active · 4 resigned)

FERMON, An Jo→
secretary · appointed 2003-02-14
View their other companies + combined net worth →
Active
MIBUS, Adrian Alan→
director · ~80y
View their other companies + combined net worth →
Active
MIBUS, Adrian Alan→
secretary · resigned 1993-02-08
Resigned
MIBUS, Laurence Louise→
secretary · appointed 1993-02-08 · resigned 2003-02-14
Resigned
MIBUS, Alexandre Roger→
director · ~40y · appointed 2009-08-19 · resigned 2022-06-22
Resigned
PAISNEL, Stephen Marcel→
director · ~75y · resigned 1993-02-08
Resigned

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

Mortgages & charges

8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Hampden & Co , 9 Charlotte Square, Edinburgh, EH2 4DR
Hampden & Co PLC, 9 Charlotte Square, Edinburgh, EH2 4DR
A registered charge1 property14/03/2018—
satisfied
Adam & Company
Adam & Company PLC
Letter of set off1 property09/06/200808/04/2017
satisfied
Adan & Company
Adan & Company PLC
Debenture1 property09/06/200824/04/2018
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property17/06/200420/06/2008
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property13/12/199420/06/2008
satisfied
Credit Lyonnais
Letter of charge1 property16/03/199420/06/2008
satisfied
Credit Lyonnais
Letter of charge and set-off1 property23/04/199020/06/2008
satisfied
Credit Lyonnais
Single debenture1 property16/05/198007/04/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-13
change-account-reference-date-company-current-extended
accounts · AA01
2025-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
termination-director-company-with-name-termination-date
officers · TM01
2022-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-28