ADL PLC
🌳Matureactive
02463465 · plc · incorporated 1990-01-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£5.88M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
21 live charges · 8 lenders · oldest 35.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 35.5 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (83/100)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
21 charges (21/21 with lender, 21/21 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
279 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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £5,878,360
Net assets shrinking
Down £5,083,898 YoY
Cash draining
Cash down 64% YoY
Cash YoY
-64%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.4m
↓ 64% YoY
Net Worth
£5.9m
↓ 46% YoY
Current Assets
£3.3m
↓ 46% 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 | £6.23M | £13.12M |
| Current assets | £3.30M | £6.10M |
| Cash | £1.40M | £3.90M |
| Debtors | £1.89M | £2.20M |
| Net assets | £5.88M | £10.96M |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (87 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-groupaccounts · AA
- 2025-05-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-02📄capital-return-purchase-own-sharescapital · SH03
- 2025-03-28🔒Charge registered #22Lender: Pearl Lorraine Jackson
- 2025-03-03📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-02-25📄capital-cancellation-sharescapital · SH06
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-07🔓Charge satisfied #21
- 2025-02-07🔓Charge satisfied #20
- 2025-02-07🔓Charge satisfied #19
- 2025-02-07🔓Charge satisfied #18
- 2025-02-07🔓Charge satisfied #17
- 2024-09-29📄accounts-with-accounts-type-groupaccounts · AA
- 2024-07-02📄capital-cancellation-sharescapital · SH06
- 2024-07-02📄capital-return-purchase-own-sharescapital · SH03
- 2024-02-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-20📄accounts-with-accounts-type-groupaccounts · AA
- 2023-11-09📄capital-return-purchase-own-sharescapital · SH03
- 2023-10-30📄capital-cancellation-sharescapital · SH06
- 2023-02-27📄capital-return-purchase-own-sharescapital · SH03
- 2021-10-01➖WELLS, William Henry Weston, Sir resigneddirector
- 2013-05-01🔓Charge satisfied #16
- 2013-05-01🔓Charge satisfied #15
- 2013-05-01🔓Charge satisfied #14
- 2013-04-30🔒Charge registered #21Lender: Hsbc Bank PLC
- 2013-04-30🔒Charge registered #20Lender: Hsbc Bank PLC
- 2013-04-30🔒Charge registered #19Lender: Hsbc Bank PLC
- 2013-04-30🔒Charge registered #18Lender: Hsbc Bank PLC
- 2013-04-17🔒Charge registered #17Lender: Hsbc Bank PLC
- 2011-10-11➖CHARTRES, Michael Duncan resigneddirector
- 2009-07-17➕CHARTRES, Michael Duncan appointeddirector
- 2008-02-18➖DEWE MATHEWS, Peter resigneddirector
- 2007-08-22➖FRANCIS, Daniel Fernley resigneddirector
- 2007-03-02🔓Charge satisfied #13
- 2007-03-02🔓Charge satisfied #12
- 2007-03-02🔓Charge satisfied #11
- 2007-03-02🔓Charge satisfied #10
- 2007-03-02🔓Charge satisfied #8
- 2007-02-28➕DAVIES, William Jeremy appointedsecretary
- 2007-02-28➖ELLERT, Richard John resignedsecretary
- 2007-02-28➖ELLERT, Richard John resigneddirector
- 2006-09-19➕WELLS, William Henry Weston, Sir appointeddirector
- 2006-07-04🔒Charge registered #16Lender: Ixis Corporate and Investment Bank S.A.
Showing most recent 50 of 87 events
Owner dependency
83/100
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.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
96/100
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 79 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Adl & Partners Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adl & Partners Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADL PLC
This company · 02463465
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 |
|---|---|---|---|---|
Adl & Partners Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest | 28/03/2025 |
3 historic (ceased) PSCs
- Mr William Jeremy Daviesceased 28/03/2025· 50-75% shares · 50-75% voting · board control
- Mrs Alison Joan Frances Daviesceased 30/11/2019· 50-75% voting · board control
- Mr William Jeremy Daviesceased 01/05/2018· 50-75% voting · board control
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 · Professional services · WF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A HIGGINS HIRE LIMITED→ 12233219 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A J DICKINSON LTD→ 15562779 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACEWELD AND SUPPLIES LIMITED→ 16225954 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTAVIS UK GROUP LIMITED→ 09603816 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ACTIV8 PAYROLL LIMITED→ 14113131 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEPT SITE SERVICES LTD→ 12853541 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADLURE LTD→ 16694009 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADMIN HUB LTD→ 12326375 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADMINQUICK LIMITED→ 02000128 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| ADROIT FMCG SERVICES LTD→ 12123867 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADW TECHNICAL SOLUTIONS LIMITED→ 10841798 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADY CONSULTING LTD→ 13878264 · est 2022 · 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
Typeplc
Incorporated1990-01-26
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
Woodlands Of Woolley Residential Home Woolley Low Moor Lane
Woolley
Wakefield
WF4 2LN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (3 active · 12 resigned)
DAVIES, William Jeremy→
Activesecretary · appointed 2007-02-28
View their other companies + combined net worth →
DAVIES, William Jeremy→
Activedirector · ~79y · appointed 2004-02-11
View their other companies + combined net worth →
JACKSON, Pearl Lorraine→
Activedirector · ~68y · appointed 2004-02-11
View their other companies + combined net worth →
BELL, Suzannah Woodrow→
Resignedsecretary · appointed 1996-02-01 · resigned 1997-12-16
ELLERT, Richard John→
Resignedsecretary · appointed 2004-02-11 · resigned 2007-02-28
LYWOOD, Rupert Charles Gifford→
Resignedsecretary · resigned 1996-02-01
OSBORNE, Mark David→
Resignedsecretary · appointed 1997-12-16 · resigned 2004-02-11
BAGULEY, Roy→
Resigneddirector · ~97y · resigned 1999-01-31
CHARTRES, Michael Duncan→
Resigneddirector · ~85y · appointed 2009-07-17 · resigned 2011-10-11
DEWE MATHEWS, Peter→
Resigneddirector · ~82y · resigned 2008-02-18
ELLERT, Richard John→
Resigneddirector · ~80y · appointed 2004-02-11 · resigned 2007-02-28
FRANCIS, Daniel Fernley→
Resigneddirector · ~77y · appointed 2005-03-01 · resigned 2007-08-22
LYWOOD, Rupert Charles Gifford→
Resigneddirector · ~68y · appointed 1991-09-30 · resigned 2004-02-11
SPIERS, John Dudley→
Resigneddirector · ~76y · appointed 1998-09-22 · resigned 2004-02-11
WELLS, William Henry Weston, Sir→
Resigneddirector · ~86y · appointed 2006-09-19 · resigned 2021-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
21
Total charges
1
Outstanding
1
Active lenders
Status:Lender:21 of 21 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Pearl Lorraine Jackson / H2 Holdings / William Jeremy Davies and Adrian Robert Kilmartin (As Trustees of Certain William Jeremy Davies Family Business Family Trusts) Pearl Lorraine Jackson / H2 Holdings Limited / William Jeremy Davies and Adrian Robert Kilmartin (As Trustees of Certain William Jeremy Davies Family Business Family Trusts) | A registered charge | — | 28/03/2025 | — | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/04/2013 | 07/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/04/2013 | 07/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/04/2013 | 07/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/04/2013 | 07/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 17/04/2013 | 07/02/2025 | |
| satisfied | Ixis Corporate and Investment Bank S.A. | Mortgage of assurance policies | 1 property | 04/07/2006 | 01/05/2013 | |
| satisfied | Ixis Corporate and Investment Bank S.A. | Legal charge | 1 property | 04/07/2006 | 01/05/2013 | |
| satisfied | Ixis Corporate and Investment Bank S.A. | Composite guarantee and debenture | 1 property | 04/07/2006 | 01/05/2013 | |
| satisfied | Fortis Bank S.A./N.V. UK Branch | Mortgage of keyman life policy | 4 properties | 28/09/2004 | 02/03/2007 | |
| satisfied | Fortis Bank S.A./N.V. | Legal charge | 1 property | 20/05/2004 | 02/03/2007 | |
| satisfied | Fortis Bank S.A./N.V. | Legal charge | 1 property | 20/05/2004 | 02/03/2007 | |
| satisfied | Fortis Bank S.A./N.V. | Composite guarantee and debenture | 1 property | 13/02/2004 | 02/03/2007 | |
| satisfied | Fortis Bank S.a/N.V | Legal charge | 1 property | 13/02/2004 | 02/03/2007 | |
| satisfied | Best Investments (As Security Trustee for Itself and Peter Dewemathews) Best Investments Limited (As Security Trustee for Itself and Peter Dewemathews) | Debenture | 1 property | 16/01/2001 | 30/01/2004 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/06/1997 | 19/02/2004 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 09/05/1997 | 19/02/2004 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 17/03/1997 | 19/02/2004 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 17/03/1997 | 19/02/2004 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 14/02/1997 | 19/02/2004 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 29/11/1990 | 19/02/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (279 total)
accounts-with-accounts-type-group
accounts · AA
2025-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
change-person-director-company-with-change-date
officers · CH01
2025-05-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
capital-return-purchase-own-shares
capital · SH03
2025-04-02
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-03-03
capital-cancellation-shares
capital · SH06
2025-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-07