ADAM EQUIPMENT CO. LIMITED
🌳Matureactive
01309669 · ltd · incorporated 1977-04-21
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 28290
Sector: Manufacturing
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
18 live charges · 7 lenders · oldest 46.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 46.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
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
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
15 officers (4 active, 15 linked, 13 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
174 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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.
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 · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 33 | 3300 |
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
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
- 2026-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12➕DAVIES, Steven Keith appointeddirector
- 2025-08-15📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-28➕MAHER, Colin Richard appointeddirector
- 2025-07-28➖STOREY, Richard resigneddirector
- 2025-07-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-21➖EDENHAMMAR, Anders resigneddirector
- 2025-01-21➖HALLING, Jan Erik Rutger resigneddirector
- 2024-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-16➕HALLING, Jan Erik Rutger appointeddirector
- 2023-03-16➖LINSÄTER LAGERBERG, Marie Susanne resigneddirector
- 2023-03-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-03-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-21➕WEEKS, David Spencer appointeddirector
- 2021-06-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-26➕LINSÄTER LAGERBERG, Marie Susanne appointeddirector
- 2021-02-26➖LUNDBERG, Johan resigneddirector
- 2021-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-15➖STOREY, Jeremy Edward resigneddirector
- 2020-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-01➖STOLPE, Patrik resigneddirector
- 2019-07-02➕BINGHAM, Elena appointeddirector
- 2019-07-02➕STOREY, Jeremy Edward appointeddirector
- 2019-05-02➖STOREY, Tim David resignedsecretary
- 2019-05-02➕EDENHAMMAR, Anders appointeddirector
- 2019-05-02➕LUNDBERG, Johan appointeddirector
- 2019-05-02➕STOLPE, Patrik appointeddirector
- 2019-05-02➖STOREY, Alan resigneddirector
- 2019-05-02➖STOREY, June Elizabeth resigneddirector
- 2019-05-02➕STOREY, Richard appointeddirector
- 2018-02-20🔓Charge satisfied #18
- 2018-02-20🔓Charge satisfied #15
- 2016-11-05🔓Charge satisfied #17
- 2016-11-05🔓Charge satisfied #16
- 2015-10-01➖STOREY, Alan resignedsecretary
- 2015-10-01➕STOREY, Tim David appointedsecretary
- 2013-02-14🔒Charge registered #18Lender: The Royal Bank of Scotland PLC
- 2013-01-03🔓Charge satisfied #11
- 2008-12-20🔓Charge satisfied #12
Showing most recent 50 of 80 events
Owner dependency
48/100
Moderate — manageable with handoverSome 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 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
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.
Group structure
Indutrade Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Indutrade Uk Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADAM EQUIPMENT CO. LIMITED
This company · 01309669
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Indutrade Uk Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/05/2019 |
2 historic (ceased) PSCs
- Alan Storeyceased 02/05/2019· 25-50% shares
- June Elizabeth Storeyceased 02/05/2019· 25-50% 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 →Similar companies
Active · Manufacturing · MK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3A PRECISION ENGINEERING LTD→ 16615096 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3DP LTD→ 12250492 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 8 EIGHTY ENGINEERING LIMITED→ 16693060 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A B TURNKEY SOLUTIONS FOR MANUFACTURING LIMITED→ 04244417 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ABISMO LTD→ 14971538 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABSOLUTE POWDER COATINGS LIMITED→ 05819228 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ACERBIS UK LIMITED→ 06318590 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACH TECHNICAL LTD→ 15226189 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACRYLIC PIXEL LTD→ 14420935 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACTION MATS LIMITED→ 10437824 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACTIVE DESIGN LIMITED→ 02675350 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ADAMS CUNDELL ENGINEERS LIMITED→ 01122425 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1977-04-21
Jurisdictionengland-wales
Primary SIC28290 — SIC 28290
Registered office
Adam Equipment Co Ltd Maidstone Road
Kingston
Milton Keynes
MK10 0BD
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24
Officers (4 active · 11 resigned)
BINGHAM, Elena→
Activedirector · ~49y · appointed 2019-07-02
View their other companies + combined net worth →
DAVIES, Steven Keith→
Activedirector · ~58y · appointed 2026-02-12
View their other companies + combined net worth →
MAHER, Colin Richard→
Activedirector · ~56y · appointed 2025-07-28
View their other companies + combined net worth →
WEEKS, David Spencer→
Activedirector · ~62y · appointed 2022-02-21
View their other companies + combined net worth →
STOREY, Alan→
Resignedsecretary · resigned 2015-10-01
STOREY, Tim David→
Resignedsecretary · appointed 2015-10-01 · resigned 2019-05-02
EDENHAMMAR, Anders→
Resigneddirector · ~62y · appointed 2019-05-02 · resigned 2025-01-21
HALLING, Jan Erik Rutger→
Resigneddirector · ~65y · appointed 2023-03-16 · resigned 2025-01-21
LINSÄTER LAGERBERG, Marie Susanne→
Resigneddirector · ~54y · appointed 2021-02-26 · resigned 2023-03-16
LUNDBERG, Johan→
Resigneddirector · ~41y · appointed 2019-05-02 · resigned 2021-02-26
STOLPE, Patrik→
Resigneddirector · ~61y · appointed 2019-05-02 · resigned 2020-04-01
STOREY, Alan→
Resigneddirector · ~80y · resigned 2019-05-02
STOREY, Jeremy Edward→
Resigneddirector · ~55y · appointed 2019-07-02 · resigned 2020-12-15
STOREY, June Elizabeth→
Resigneddirector · ~79y · resigned 2019-05-02
STOREY, Richard→
Resigneddirector · ~59y · appointed 2019-05-02 · resigned 2025-07-28
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
0
Outstanding
0
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 14/02/2013 | 20/02/2018 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 13/10/2008 | 05/11/2016 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 13/10/2008 | 05/11/2016 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 06/08/2008 | 20/02/2018 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 12/11/2007 | 31/10/2008 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 12/11/2007 | 31/10/2008 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 21/09/2007 | 20/12/2008 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 29/08/2007 | 03/01/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 21/12/2006 | 30/11/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 11/08/1999 | 30/11/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 06/08/1999 | 30/11/2007 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 25/03/1997 | 15/02/2000 | |
| satisfied | Denver Instrument Company | Deed of assignment | 2 properties | 15/08/1991 | 30/06/1998 | |
| satisfied | Denver Instrument Company | Deed of assignment | 2 properties | 15/08/1991 | 26/02/1992 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 14/08/1991 | 15/02/2000 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 06/06/1988 | 21/09/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 25/03/1982 | 21/09/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 01/10/1979 | 30/06/1998 |
Recent filings (174 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
accounts-with-accounts-type-small
accounts · AA
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
appoint-person-director-company-with-name-date
officers · AP01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-01-24
termination-director-company-with-name-termination-date
officers · TM01
2025-01-24
accounts-with-accounts-type-small
accounts · AA
2024-09-24
change-person-director-company-with-change-date
officers · CH01
2024-09-02
change-person-director-company-with-change-date
officers · CH01
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-small
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
appoint-person-director-company-with-name-date
officers · AP01
2023-03-16
termination-director-company-with-name-termination-date
officers · TM01
2023-03-16