ADVENT RESEARCH MATERIALS LIMITED
🌳Matureactive
02273165 · ltd · incorporated 1988-07-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 4.9y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 400 | 400 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-19📄memorandum-articlesincorporation · MA
- 2025-02-19📄capital-name-of-class-of-sharescapital · SH08
- 2025-02-19📄resolutionresolution · RESOLUTIONS
- 2025-02-19📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-10-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-25📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-14➖GOODFELLOW, Andrew resigneddirector
- 2023-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-24📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-24📄capital-name-of-class-of-sharescapital · SH08
- 2021-10-24📄resolutionresolution · RESOLUTIONS
- 2021-05-27🔒Charge registered #1Lender: National Westminster Bank PLC
- 2012-11-01➕GOODFELLOW, Christopher appointeddirector
- 1988-07-01🏢Company incorporatedAs ADVENT RESEARCH MATERIALS LIMITED
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 38 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Goodfellow Individual · British · DOB 12/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/10/2024 |
Mrs Sara Carolyn Goodfellow Individual · British · DOB 11/1945 · age 81 | 25–50% | 50–75% | board control50-75% shares · 50-75% voting · board control | 01/07/2016 |
1 historic (ceased) PSC
- Mr Andrew Goodfellowceased 14/01/2024· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 434 ENTERPRISES LIMITED→ 05404769 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| A C PREMIER FOODS UK LTD→ 11980130 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A9 TECHNICAE LIMITED→ 13101701 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABINGDON WOOD YARD LTD→ 13530218 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACP QUALITY PRODUCE LIMITED→ 12550599 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADEPT STRATEGY LTD→ 08166835 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADIPRO UK & EUROPE LTD→ 15635827 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED MEDICAL SYSTEMS LTD.→ 03476650 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ADVENT 3D LIMITED→ 12388745 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AERO TRADING LTD→ 12189132 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AFRICANCOLLECTION.ART LTD→ 12443643 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AFTERSALES EQUIPMENT LIMITED→ 13759395 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1988-07-01
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Oakfield Industrial Estate
Eynsham
Witney
Oxfordshire
OX29 4JA
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11
Officers (3 active · 1 resigned)
Active
GOODFELLOW, Christopher→
Activedirector · ~48y · appointed 2012-11-01
View their other companies + combined net worth →
Active
GOODFELLOW, Andrew→
Resigneddirector · ~86y · resigned 2024-01-14
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 27/05/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-04
memorandum-articles
incorporation · MA
2025-02-19
capital-name-of-class-of-shares
capital · SH08
2025-02-19
resolution
resolution · RESOLUTIONS
2025-02-19
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-28
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03