ADVENTURE ENTERPRISES LIMITED
Opportunity 73/100 (strong), bankability 77/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 42.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £729.2k | £680.5k |
| Current assets | £535.9k | £489.8k |
| Cash | £520.6k | £476.8k |
| Debtors | £2.1k | £1.9k |
| Net assets | £729.2k | £680.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (31 events)Click to expand
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-27➖DEAKES, David resigneddirector
- 2020-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-10📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2019-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-26📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2018-04-25📄capital-name-of-class-of-sharescapital · SH08
- 2018-04-23📄resolutionresolution · RESOLUTIONS
- 2018-02-27📄change-person-director-company-with-change-dateofficers · CH01
- 2015-09-18➕DEAKES, Mandie appointeddirector
- 2015-09-18➖REARDON, Raymond resigneddirector
- 2014-08-07🔓Charge satisfied #5
- 2014-08-07🔓Charge satisfied #4
- 2014-08-07🔓Charge satisfied #3
- 1996-12-23🔒Charge registered #5Lender: Yorkshire Bank PLC
- 1995-03-11🔓Charge satisfied #2
- 1994-04-30🔓Charge satisfied #1
- 1994-04-22🔒Charge registered #4Lender: Yorkshire Bank PLC
- 1994-02-17🔒Charge registered #3Lender: Yorkshire Bank PLC
- 1983-12-20🔒Charge registered #2Lender: Ansells Burslen Brewery Company Limited
- 1983-07-14🔒Charge registered #1Lender: Barclays Bank PLC
- 1980-10-01🏢Company incorporatedAs ADVENTURE ENTERPRISES LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 46 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
1 med ·Multiple 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 |
|---|---|---|---|---|
Mrs Eileen Deakes Individual · British · DOB 12/1938 · age 88 | 50–75% | — | 50-75% shares | 27/10/2020 |
Ms Mandie Deakes Individual · British · DOB 08/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/10/2022 |
1 historic (ceased) PSC
- Mr David Deakesceased 27/10/2020· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 2 properties | 23/12/1996 | 07/08/2014 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal charge | 1 property | 22/04/1994 | 07/08/2014 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 17/02/1994 | 07/08/2014 | |
| satisfied | Ansells Burslen Brewery Company Ansells Burslen Brewery Company Limited | Legal charge | 1 property | 20/12/1983 | 11/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/07/1983 | 30/04/1994 |