ADEC MARINE LIMITED
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 41.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £272.8k | £293.2k |
| Current assets | £582.7k | £514.7k |
| Cash | £315.3k | £261.0k |
| Debtors | £229.6k | £208.3k |
| Net assets | £271.9k | £291.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2025-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-31➖HUNT, Jeremy resigneddirector
- 2023-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2015-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2015-11-12🔓Charge satisfied #3
- 2015-11-12🔓Charge satisfied #2
- 2015-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-09-02🔒Charge registered #3Lender: Lloyds Bank PLC
- 2014-09-02🔒Charge registered #2Lender: Lloyds Bank PLC
- 2000-11-14➖DOWTY, Christopher Hilary resigneddirector
- 1992-09-01➕DOWTY, Christopher Hilary appointeddirector
- 1992-06-18🔓Charge satisfied #1
- 1985-02-27🔒Charge registered #1Lender: Williams & Glyn's Bank PLC.
- 1984-10-30🏢Company incorporatedAs ADEC MARINE LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 83 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 83 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 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Anglo-Dutch Engineering Co Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Anglo-Dutch Engineering Co Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 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 | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 02/09/2014 | 12/11/2015 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 02/09/2014 | 12/11/2015 | |
| satisfied | Williams & Glyn's Bank . Williams & Glyn's Bank PLC. | Debenture | 1 property | 27/02/1985 | 18/06/1992 |