ADMIRAL CARPETS LIMITED
🌳Matureactive
02388037 · ltd · incorporated 1989-05-23
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£19.6k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 64-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 36.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 36.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £19,640
Net assets shrinking
Down £11,524 YoY
Cash draining
Cash down 60% YoY
Cash YoY
-60%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£21k
↓ 60% YoY
Net Worth
£20k
↓ 37% YoY
Current Assets
£42k
↓ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £26.1k | £43.3k |
| Current assets | £42.1k | £71.4k |
| Cash | £21.3k | £53.5k |
| Debtors | £7.8k | £6.3k |
| Net assets | £19.6k | £31.2k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-04-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-02🔓Charge satisfied #2
- 2022-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-04-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1999-10-31➕MAYLIN, Robert David appointeddirector
- 1999-10-31➖EVANS, Steven William George resigneddirector
- 1994-02-16🔓Charge satisfied #1
- 1992-05-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 1989-09-29🔒Charge registered #1Lender: Barclays Bank PLC
- 1989-05-23🏢Company incorporatedAs ADMIRAL CARPETS LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert David Maylin Individual · British · DOB 04/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A FALCON LTD→ 15247167 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABSOLUTE WORLDIE LTD→ 14801051 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACA TECHNOLOGY LTD→ 16906696 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACENGO CLEANING LTD→ 16825261 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACM BIO LIMITED→ 12151790 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADOR FASHION LIMITED→ 10617496 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADORN THE COMMON LIMITED→ 11734361 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADRIAN SASSOON LIMITED→ 02848703 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ADSSOLUTIONS DIGITAL LTD→ 16906360 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVENTURE BOOKSHOP LIMITED→ 13295850 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVISORY UK LTD→ 16944950 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AEB BRITAIN LTD→ 14267082 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1989-05-23
Jurisdictionengland-wales
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Registered office
8 The Parade
St Johns Hill
Battersea
London
SW11 1TG
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-05-31
Last: 2026-05-17
Officers (3 active · 1 resigned)
Active
MAYLIN, Robert David→
Activedirector · ~53y · appointed 1999-10-31
View their other companies + combined net worth →
Active
EVANS, Steven William George→
Resigneddirector · ~65y · resigned 1999-10-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 26/05/1992 | 02/03/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 29/09/1989 | 16/02/1994 |
Recent filings (95 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-03
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-04