ADIL CATERING LIMITED
💤Zombieactive
01723893 · ltd · incorporated 1983-05-17
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 Mar 2025
Net worth
£21.60M
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56103Take-away food shops and mobile food stands
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 70/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
31 live charges · 7 lenders · oldest 33.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 33.8 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
31 charges (31/31 with lender, 31/31 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
173 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £21,602,330
Cash YoY
-5%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4.4m
↓ 5.1% YoY
Net Worth
£22m
↑ 2.9% YoY
Current Assets
£11m
↓ 7.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £26.87M | £26.33M |
| Current assets | £10.80M | £11.65M |
| Cash | £4.43M | £4.67M |
| Debtors | £6.32M | £6.92M |
| Net assets | £21.60M | £20.99M |
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
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2026-02-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-02➖ADIL, Irshad resignedsecretary
- 2025-12-02➖ADIL, Irshad resigneddirector
- 2025-02-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-08🔒Charge registered #31Lender: Hsbc UK Bank PLC
- 2022-02-07📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2018-01-05📄accounts-with-accounts-type-fullaccounts · AA
- 2017-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-03-07🔓Charge satisfied #24
- 2017-03-07🔓Charge satisfied #23
- 2017-03-07🔓Charge satisfied #21
- 2017-03-07🔓Charge satisfied #19
- 2017-03-07🔓Charge satisfied #17
- 2017-03-07🔓Charge satisfied #15
- 2017-03-07🔓Charge satisfied #16
- 2017-03-07🔓Charge satisfied #14
- 2017-03-07🔓Charge satisfied #13
- 2017-03-07🔓Charge satisfied #12
- 2017-03-07🔓Charge satisfied #11
- 2017-03-07🔓Charge satisfied #10
- 2017-03-07🔓Charge satisfied #9
- 2017-03-07🔓Charge satisfied #8
- 2017-03-07🔓Charge satisfied #7
- 2017-03-07🔓Charge satisfied #5
- 2017-03-07🔓Charge satisfied #6
- 2017-03-06🔒Charge registered #30Lender: Hsbc Bank PLC
- 2017-03-06🔒Charge registered #29Lender: Hsbc Bank PLC
- 2017-03-06🔒Charge registered #28Lender: Hsbc Bank PLC
- 2016-04-05🔒Charge registered #27Lender: Hsbc Bank PLC
- 2011-12-23🔒Charge registered #26Lender: Svenska Handelsbanken Ab (Publ)
- 2011-10-15🔓Charge satisfied #25
- 2011-10-15🔓Charge satisfied #22
- 2011-10-15🔓Charge satisfied #20
- 2011-10-15🔓Charge satisfied #18
- 2006-06-14🔒Charge registered #25Lender: National Westminster Bank PLC
- 2005-05-19🔒Charge registered #24Lender: National Westminster Bank PLC
- 2004-05-31➖ADIL, Raja Jameel resigneddirector
- 2003-09-08🔒Charge registered #23Lender: National Westminster Bank PLC
- 2003-07-01🔒Charge registered #22Lender: National Westminster Bank PLC
- 2001-03-23🔒Charge registered #21Lender: National Westminster Bank PLC
Showing most recent 50 of 77 events
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ADIL" — strong identity link between founder and business.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
85/100
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 81 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 med · 1 low2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ADIL, Irshad resigned 2025-12-02; ADIL, Irshad resigned 2025-12-02
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Adil Restaurants Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adil Restaurants Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADIL CATERING LIMITED
This company · 01723893
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 |
|---|---|---|---|---|
Adil Restaurants 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 · Hospitality · HA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 6525 LTD→ 16147172 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 8 SLICE MOON LIMITED→ 11978683 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 852 KITCHEN LTD→ 13919316 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABI BAR AND RESTAURANT LTD→ 16082880 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABI FAST FOOD LIMITED→ 07790773 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ACCOMAX LIMITED→ 01686315 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ACE INVESTMENTS LIMITED→ 05905595 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ACR KB LTD→ 16195495 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAMANR LTD→ 17104721 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADAMO CORP LTD→ 15805759 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADM HOSPITALITY VENTURES LTD→ 15438181 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMIRE EVENTS AND DECOR LIMITED→ 15511401 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1983-05-17
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
34-36 London Road
Wembley
Middlesex
HA9 7EX
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30
Officers (1 active · 4 resigned)
Active
ADIL, Irshad→
Resignedsecretary · appointed 1990-11-21 · resigned 2025-12-02
EKREM, Nevzat→
Resignedsecretary · resigned 1990-11-21
ADIL, Irshad→
Resigneddirector · ~76y · resigned 2025-12-02
ADIL, Raja Jameel→
Resigneddirector · ~55y · resigned 2004-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
31
Total charges
6
Outstanding
2
Active lenders
Status:Lender:31 of 31 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 08/03/2022 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/03/2017 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/03/2017 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/03/2017 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/04/2016 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | Deed of legal mortgage | 1 property | 23/12/2011 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 14/06/2006 | 15/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 19/05/2005 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 08/09/2003 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 01/07/2003 | 15/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 23/03/2001 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 3 properties | 16/07/1999 | 15/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 08/12/1997 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 29/09/1997 | 15/10/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage | 1 property | 27/06/1997 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 03/11/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 02/11/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/06/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/06/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/06/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 27/06/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/06/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Sub-mortgage | 1 property | 24/02/1995 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 31/10/1994 | 07/03/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 08/09/1994 | 07/03/2017 | |
| satisfied | The Governor & the Company of the Bank of Ireland | Legal charge | 1 property | 23/03/1994 | 07/03/2017 | |
| satisfied | The Governor & the Company of the Bank of Ireland | Legal charge | 1 property | 23/03/1994 | 06/11/1995 | |
| satisfied | The Governor and Company of the Bank of Ireland | Assignment | 1 property | 04/03/1994 | 07/03/2017 | |
| satisfied | The Governor & the Company of the Bank of Ireland | Legal charge | 2 properties | 26/11/1993 | 06/11/1995 | |
| satisfied | The Governor & the Company of the Bank of Ireland | Debenture | 1 property | 29/10/1993 | 06/11/1995 | |
| satisfied | Habib Bank Habib Bank Limited | Debenture | 1 property | 11/09/1992 | 08/11/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (173 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-26
termination-director-company-with-name-termination-date
officers · TM01
2026-02-26
accounts-with-accounts-type-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
change-person-director-company-with-change-date
officers · CH01
2025-02-03
accounts-with-accounts-type-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-full
accounts · AA
2023-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-10
accounts-with-accounts-type-full
accounts · AA
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-12