A.D.T FLEXIBLES (UK) LTD

💤Zombieactive
01670585 · ltd · incorporated 1982-10-08
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 Sept 2024
Net worth
£2.73M
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 28.1y

30/100
under pressure

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

  • · Oldest live charge is 28.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
112 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
60
Some acquirability indicators.
Risk profile
85
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 £2,726,800
Cash YoY
+14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£38k
↑ 14% YoY
Net Worth
£2.7m
↑ 7.6% YoY
Current Assets
£3.3m
↓ 2.1% YoY
Current Liabilities
£0£674k£1.3m£2.0m£2.7m£3.4mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£3.10M£2.84M
Current assets£3.30M£3.37M
Cash£37.9k£33.3k
Debtors£1.41M£1.56M
Net assets£2.73M£2.53M

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2016-01-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-02-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-01-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-05-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-03-08
    TAFFINDER, David resigned
    secretary
  17. 2013-03-08
    TAFFINDER, David resigned
    director
  18. 2012-03-05
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  19. 1998-04-10
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  20. 1998-02-27
    NEWSOME, George resigned
    secretary
  21. 1998-02-27
    TAFFINDER, David appointed
    secretary
  22. 1998-02-27
    NEWSOME, Christopher John resigned
    director
  23. 1998-02-27
    NEWSOME, George resigned
    director
  24. 1995-08-30
    TAFFINDER, Andrew David appointed
    director
  25. 1995-08-30
    TAFFINDER, David appointed
    director
  26. 1982-10-08
    🏢
    Company incorporated
    As A.D.T FLEXIBLES (UK) LTD

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 44 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew David Taffinder
Individual · British · DOB 09/1969 · age 57
75100%
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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1982-10-08
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

High Street
Morley
Leeds
LS27 0LE

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14

Officers (1 active · 5 resigned)

TAFFINDER, Andrew David
director · ~57y · appointed 1995-08-30
View their other companies + combined net worth →
Active
NEWSOME, George
secretary · resigned 1998-02-27
Resigned
TAFFINDER, David
secretary · appointed 1998-02-27 · resigned 2013-03-08
Resigned
NEWSOME, Christopher John
director · ~68y · resigned 1998-02-27
Resigned
NEWSOME, George
director · ~100y · resigned 1998-02-27
Resigned
TAFFINDER, David
director · ~77y · appointed 1995-08-30 · resigned 2013-03-08
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Legal assignment1 property05/03/2012
outstanding
Midland Bank
Midland Bank PLC
Debenture1 property10/04/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2019-01-18