ADEPT DEVELOPMENTS LIMITED

💤Zombieactive
02125149 · ltd · incorporated 1987-04-22
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 May 2025
Net worth
£315
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). 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).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £315

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£315
↑ 110% YoY
Current Assets
£3k
↓ 38% YoY
Current Liabilities
—
£0£871£2k£3k£3k£4kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£315£150
Current assets£2.7k£4.4k
Cash—£937
Debtors—£3.4k
Net assets£315£150

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-12
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-08
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-01-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2009-08-24
    ➕
    TURRIFF, Nicola appointed
    secretary
  16. 2009-08-24
    ➖
    MURTON, Gareth Andrew resigned
    secretary
  17. 2007-01-15
    ➕
    MURTON, Gareth Andrew appointed
    secretary
  18. 2007-01-15
    ➖
    STREET, Jenifer resigned
    secretary
  19. 2003-10-15
    ➕
    STREET, Jenifer appointed
    secretary
  20. 2003-06-03
    ➖
    WATTS, John Stephen resigned
    director
  21. 2003-06-03
    ➖
    WOULD, Alec Stephen resigned
    director
  22. 2003-04-14
    ➕
    WATTS, John Stephen appointed
    director
  23. 2003-04-14
    ➕
    WOULD, Alec Stephen appointed
    director
  24. 2003-04-09
    ➖
    CHAMBERLAIN, Patricia Margaret resigned
    secretary
  25. 2003-04-08
    ➖
    TURRIFF, Derek Edward William resigned
    director
  26. 1994-07-25
    ➖
    TURRIFF, William George resigned
    director
  27. 1987-04-22
    🏢
    Company incorporated
    As ADEPT DEVELOPMENTS LIMITED

Owner dependency

90/100
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 age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Simon Lewis Vincent Turriff
Individual · British · DOB 11/1961 · age 65
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

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 →
🔒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
Incorporated1987-04-22
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

5/7 Berry Road
Newquay
TR7 1AD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (2 active · 7 resigned)

TURRIFF, Nicola→
secretary · appointed 2009-08-24
View their other companies + combined net worth →
Active
TURRIFF, Simon Lewis Vincent→
director · ~65y
View their other companies + combined net worth →
Active
CHAMBERLAIN, Patricia Margaret→
secretary · resigned 2003-04-09
Resigned
MURTON, Gareth Andrew→
secretary · appointed 2007-01-15 · resigned 2009-08-24
Resigned
STREET, Jenifer→
secretary · appointed 2003-10-15 · resigned 2007-01-15
Resigned
TURRIFF, Derek Edward William→
director · ~87y · resigned 2003-04-08
Resigned
TURRIFF, William George→
director · ~108y · resigned 1994-07-25
Resigned
WATTS, John Stephen→
director · ~79y · appointed 2003-04-14 · resigned 2003-06-03
Resigned
WOULD, Alec Stephen→
director · ~67y · appointed 2003-04-14 · resigned 2003-06-03
Resigned

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

Recent filings (113 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-13
change-sail-address-company-with-old-address-new-address
address · AD02
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-22