ALDCROFT ADHESIVES LIMITED

💤Zombieactive
01693072 · ltd · incorporated 1983-01-20
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 Apr 2024
Net worth
£23.7k
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 20301
Sector: Manufacturing
ALSO REGISTERED FOR
  • 20520SIC 20520
  • 47910Retail sale via mail order houses or via Internet
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 35.8y

30/100
under pressure

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

  • · Oldest live charge is 35.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £23,673

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£24k
Current Assets
£137k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-30
Total assets£60.5k
Current assets£137.1k
Net assets£23.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (33 events)Click to expand
  1. 2026-01-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-06-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2025-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-12-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-11-20
    ➕
    ALDCROFT, Julie Patricia appointed
    director
  8. 2023-11-20
    ➖
    ALDCROFT, Hannah Tamsin resigned
    director
  9. 2023-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-01-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2022-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-08-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-08-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-08-16
    ➖
    ALDCROFT, Julie Patricia resigned
    secretary
  20. 2021-08-16
    ➕
    ALDCROFT, Hannah Tamsin appointed
    director
  21. 2021-08-16
    ➖
    ALDCROFT, Julie Patricia resigned
    director
  22. 2021-08-16
    ➖
    ALDCROFT, Leigh Michael resigned
    director
  23. 2021-01-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  24. 2018-06-26
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  25. 2001-06-05
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  26. 2000-06-30
    ➖
    ALDCROFT, Joan Marjorie resigned
    secretary
  27. 2000-06-30
    ➕
    ALDCROFT, Julie Patricia appointed
    secretary
  28. 2000-06-30
    ➖
    ALDCROFT, Ronald resigned
    director
  29. 1998-09-12
    🔓
    Charge satisfied #1
  30. 1998-02-04
    ➕
    ALDCROFT, Julie Patricia appointed
    director
  31. 1998-02-04
    ➕
    ALDCROFT, Leigh Michael appointed
    director
  32. 1990-08-02
    🔒
    Charge registered #1
    Lender: Yorkshire Bank PLC
  33. 1983-01-20
    🏢
    Company incorporated
    As ALDCROFT ADHESIVES LIMITED

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "ALDCROFT" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-28

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Julie Patricia Aldcroft
Individual · British · DOB 08/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting30/06/2016
Mr Leigh Michael Aldcroft
Individual · British · DOB 07/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · BL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ADVANCED TIMBER FRAME LIMITED→
06735887 · est 2008 · no financials extracted
————17y——
AFEL BUILDING LTD→
16940175 · est 2026 · no financials extracted
———————
AGR BUILDING & FENCING CONTRACTORS LIMITED→
03656076 · est 1998 · no financials extracted
————27y——
AIR2O COOLING LIMITED→
08926383 · est 2014 · no financials extracted
————12y——
AIRSPACE LIGHTING LTD→
16644048 · est 2025 · no financials extracted
———————
AJAX EQUIPMENT HOLDINGS LIMITED→
04712094 · est 2003 · no financials extracted
————23y——
AKBARI KITCHENS AND BEDROOMS LIMITED→
16813423 · est 2025 · no financials extracted
———————
ALBANY INTERNATIONAL LIMITED→
00096177 · est 1907 · no financials extracted
————118y——
ALENTEC ORION LIMITED→
00231713 · est 1928 · no financials extracted
————97y——
ALERTIS LTD→
04307806 · est 2001 · no financials extracted
————24y——
ALL IN ONE GARMENTS LTD→
11090849 · est 2017 · no financials extracted
————8y——
ALL SEASONS BOAT COVERS LTD→
15952396 · est 2024 · no financials extracted
————1y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1983-01-20
Jurisdictionengland-wales
Primary SIC20301 — SIC 20301

Registered office

17 Oakwood Drive Oakwood Drive
Bolton
BL1 5EE
England

Filing status

Accounts
Next due: 2026-04-28OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12

Officers (1 active · 6 resigned)

ALDCROFT, Julie Patricia→
director · ~58y · appointed 2023-11-20
View their other companies + combined net worth →
Active
ALDCROFT, Joan Marjorie→
secretary · resigned 2000-06-30
Resigned
ALDCROFT, Julie Patricia→
secretary · appointed 2000-06-30 · resigned 2021-08-16
Resigned
ALDCROFT, Hannah Tamsin→
director · ~30y · appointed 2021-08-16 · resigned 2023-11-20
Resigned
ALDCROFT, Julie Patricia→
director · ~58y · appointed 1998-02-04 · resigned 2021-08-16
Resigned
ALDCROFT, Leigh Michael→
director · ~58y · appointed 1998-02-04 · resigned 2021-08-16
Resigned
ALDCROFT, Ronald→
director · ~97y · resigned 2000-06-30
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property05/06/2001—
satisfied
Virgin Money
Yorkshire Bank PLC
Debenture1 property02/08/199012/09/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (119 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
change-sail-address-company-with-old-address-new-address
address · AD02
2025-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
termination-director-company-with-name-termination-date
officers · TM01
2023-12-03
appoint-person-director-company-with-name-date
officers · AP01
2023-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-24
change-account-reference-date-company-previous-extended
accounts · AA01
2022-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28