ADAMS JOINERY LIMITED

🌳Matureactive

01449935 · ltd · incorporated 1979-09-21

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 Nov 2024

Net worth

£1.1k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Manufacture of other builders' carpentry and joinery

Sector: Manufacturing

ALSO REGISTERED FOR

16290SIC 16290
43320Joinery installation

Investor take

Pursue

Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -93% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 34.9y

45/100

under pressure

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

· Oldest live charge is 34.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

14 officers (5 active, 14 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

129 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,104

Net assets shrinking

Down £232,951 YoY

Cash draining

Cash down 93% YoY

Cash YoY

-93%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£39k

↓ 93% YoY

Net Worth

£1k

↓ 100% YoY

Current Assets

£1.2m

↓ 37% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Total assets	£264.5k	£565.7k
Current assets	£1.22M	£1.95M
Cash	£38.5k	£569.2k
Debtors	£913.2k	£920.5k
Net assets	£1.1k	£234.1k

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

filing

• 1 confirmation-statement

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-05-12
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-24
📄
legacy
miscellaneous · ANNOTATION
2024-05-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
MACKIE, Kevan resigned
director
2023-08-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
➖
SPRATT, Paul John resigned
director
2022-11-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-10-04
📍
change-registered-office-address-company
address · AD01
2022-08-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-06
➖
STEVENSON, John Christopher Eaton resigned
secretary
2022-03-08
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-03-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-25
➕
STEVENSON, John Christopher Eaton appointed
secretary
2022-02-25
➖
STEVENSON, John Christopher Eaton resigned
director
2021-08-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-09-23
📄
change-person-director-company-with-change-date
officers · CH01
2019-08-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2012-11-06
🔒
Charge registered #2
Lender: National Westminster Bank PLC
2009-03-27
➕
COONEY, Annette Doreen appointed
director
2009-03-27
➖
COONEY, Robin Stuart resigned
director
2008-12-03
➕
DE SILVA, Rupert appointed
director
2006-11-16
➕
HAWKS, Garrie Lee appointed
director
2006-11-16
➕
RANDALL, Timothy Richard Lewis appointed
director
2006-11-16
➕
MACKIE, Kevan appointed
director
2006-11-16
➕
STEVENSON, John Christopher Eaton appointed
director
2006-06-07
➕
SPRATT, Paul John appointed
director
2002-09-01
➕
COONEY, Annette Doreen appointed
secretary
2002-08-30
➖
GRINYER, Lottie Ionie resigned
secretary
1995-07-31
➖
COONEY, Robin Stuart resigned
secretary
1995-07-31
➕
GRINYER, Lottie Ionie appointed
secretary
1995-07-31
➖
BREWER, James Terence resigned
director
1992-12-31
➖
WATERMAN, Derek Edward resigned
director
1991-07-31
🔒
Charge registered #1
Lender: National Westminster Bank PLC
1979-09-21
🏢
Company incorporated
As ADAMS JOINERY LIMITED

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

83/100

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 83 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Three-Met Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Three-Met Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ADAMS JOINERY LIMITED

This company · 01449935

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
Three-Met Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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

Active · Manufacturing · SS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & L INTERIORS LIMITED→ 10622093 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
A DESIGN FOR ALL LTD→ 10062981 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
A1 FROSTIES LTD→ 12100578 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ABBEY STAINLESS PIPEWORK LIMITED→ 14793093 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ABEXIE LIMITED→ 06742662 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
ACORN INDUSTRIAL RUBBER SOLUTIONS LTD→ 09984837 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ACORS PRESS LIMITED→ 03173853 · est 1996 · no financials extracted	—	—	—	—	30y	—	—
ACTIVE SIGNS AND DESIGNS LTD→ 11128278 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
AD ENERGY EUROPE LTD→ 10620903 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
AD PIPEWORK AND INSTALLATIONS LTD→ 15109187 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADM MARTYN LTD→ 13190961 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ADTRAY PROMOTIONS LTD→ 12777996 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1979-09-21

Jurisdictionengland-wales

Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Unit 2 30 Progress Road

Leigh On Sea

Essex

SS9 5LE

United Kingdom

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-03-16

Last: 2026-03-02