AVAD GROUP LIMITED
🌳Matureactive
01431059 · ltd · incorporated 1979-06-19
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 Jun 2025
Net worth
£458.6k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 18130
Sector: Manufacturing
ALSO REGISTERED FOR
- 47610SIC 47610
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 39.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 39.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £458,630
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£204
↓ 99% YoY
Net Worth
£459k
~ YoY
Current Assets
£1.2m
↓ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £458.6k | £703.4k |
| Current assets | £1.19M | £1.45M |
| Cash | £204 | £15.9k |
| Debtors | £1.19M | — |
| Net assets | £458.6k | £457.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-20🔓Charge satisfied #4
- 2019-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2016-10-05📄accounts-with-accounts-type-groupaccounts · AA
- 2016-02-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-22📄accounts-with-accounts-type-groupaccounts · AA
- 2009-11-05➕PATEL, Pinakin Thakorbhai appointedsecretary
- 2009-11-05➖PATEL, Snehlata Surendra resignedsecretary
- 2009-11-05➖PATEL, Nayana Pinakin resigneddirector
- 2009-11-05➖PATEL, Snehlata Surendra resigneddirector
- 2004-11-19🔒Charge registered #4Lender: The Royal Bank of Scotland Commercial Services Limited
- 1998-02-14➕PATEL, Nayana Pinakin appointeddirector
- 1998-02-14➕PATEL, Snehlata Surendra appointeddirector
- 1988-09-12🔒Charge registered #3Lender: National Westminster Bank PLC
- 1986-10-31🔒Charge registered #2Lender: Bank of Baroda
- 1986-09-09🔒Charge registered #1Lender: Bank of Baroda
- 1979-06-19🏢Company incorporatedAs AVAD GROUP LIMITED
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Surendra Thakorbhai Patel Individual · British · DOB 03/1949 · age 77 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 01/07/2024 |
Mr Pinakin Thakorbhai Patel Individual · British · DOB 01/1957 · age 69 | 25–50% | — | 25-50% shares | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| ARATHY JEWELLERY LTD→ 16330365 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| ASTON EXPRESS PRINT LTD→ 16499793 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AVANT-GARDE BRANDS (LONDON) LTD→ 11751717 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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| BAGLAN JOINERY LTD→ 10592398 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BALTIC SECURITY SYSTEMS LTD→ 12746611 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BANZONE LTD→ 16819871 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BE SAFETECH LTD→ 10448160 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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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
Incorporated1979-06-19
Jurisdictionengland-wales
Primary SIC18130 — SIC 18130
Registered office
Avad House
Belvue Road
Northolt Industrial Estate
Northolt Middx
UB5 5HY
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (3 active · 3 resigned)
PATEL, Pinakin Thakorbhai→
Activesecretary · appointed 2009-11-05
View their other companies + combined net worth →
Active
Active
PATEL, Snehlata Surendra→
Resignedsecretary · resigned 2009-11-05
PATEL, Nayana Pinakin→
Resigneddirector · ~68y · appointed 1998-02-14 · resigned 2009-11-05
PATEL, Snehlata Surendra→
Resigneddirector · ~75y · appointed 1998-02-14 · resigned 2009-11-05
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Fixed and floating charge | 1 property | 19/11/2004 | 20/03/2020 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 12/09/1988 | — | |
| outstanding | Bank of Baroda | Legal charge | 1 property | 31/10/1986 | — | |
| outstanding | Bank of Baroda | Debenture | 1 property | 09/09/1986 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-23
mortgage-satisfy-charge-full
mortgage · MR04
2020-03-20