ADEX MULTINATIONAL LIMITED
💤Zombieactive
02682411 · ltd · incorporated 1992-01-29
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 Jun 2025
Net worth
£-50.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 68). 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 (79/100)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
21 officers (2 active, 21 linked, 14 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £49,985
Cash YoY
-5%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£261
↓ 5.1% YoY
Net Worth
-£50k
↓ 12% YoY
Current Assets
£261
↓ 5.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-50.0k | £-44.6k |
| Current assets | £261 | £275 |
| Cash | £261 | £275 |
| Net assets | £-50.0k | £-44.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
9
filings
- • 5 officers
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-02-26➖ADERIYE, Augustine Olubamidele resigneddirector
- 2026-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-13➕ADERIYE, Augustine Olubamidele appointedsecretary
- 2026-02-13➕ADERIYE, Osaretin Rita appointeddirector
- 2026-02-13➖ADERIYE, Alex, Mr. resignedsecretary
- 2026-02-13➖ADERIYE, Alex, Mr. resigneddirector
- 2026-02-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-02-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-02-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-02-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-02-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2000-01-04➖ADEYEMO, Titilola Olateju resigneddirector
- 1999-02-01➕ADERIYE, Alex, Mr. appointedsecretary
- 1999-02-01➖ADERIYE, Rita Osaretin resignedsecretary
- 1999-02-01➕ADERIYE, Alex, Mr. appointeddirector
- 1999-02-01➖ADERIYE, Rita Osaretin resigneddirector
- 1997-03-03➖BEAN, Lola resigneddirector
- 1997-02-18➖ADERIYE, Bamidele Francis, Dr resignedsecretary
- 1997-02-18➕ADERIYE, Rita Osaretin appointedsecretary
- 1997-02-18➖ADERIYE, Bamidele Francis, Dr resigneddirector
- 1996-09-30➖EVANS JACAS, Betty Linda resignedsecretary
- 1996-09-30➖AJIBOSE, Samson Olusegun resigneddirector
- 1996-09-30➕BEAN, Lola appointeddirector
- 1996-09-30➖EVANS JACAS, Betty Linda resigneddirector
- 1996-07-15➕ADEYEMO, Titilola Olateju appointeddirector
- 1996-04-08➕EVANS JACAS, Betty Linda appointedsecretary
- 1996-04-08➕EVANS JACAS, Betty Linda appointeddirector
- 1996-04-02➕ADERIYE, Augustine Olubamidele appointeddirector
- 1996-01-24➖EVAN-JACAS, Betty Linda resigneddirector
- 1996-01-24➖ONOSEY, Aneurin resigneddirector
- 1995-12-01➕AJIBOSE, Samson Olusegun appointeddirector
- 1995-09-16➖ONOSEY, Patricia Anne resigneddirector
- 1995-09-14➕ONOSEY, Patricia Anne appointeddirector
- 1994-12-21➖BABATOLA, Olugbenga resigneddirector
- 1994-03-09➕EVAN-JACAS, Betty Linda appointeddirector
- 1994-01-10➕BABATOLA, Olugbenga appointeddirector
- 1993-11-09➕ONOSEY, Aneurin appointeddirector
- 1993-11-03➖OLUWOLE, Abigail Olubanke resigneddirector
- 1993-01-02➕ADERIYE, Rita Osaretin appointeddirector
- 1992-01-29🏢Company incorporatedAs ADEX MULTINATIONAL LIMITED
Showing most recent 50 of 57 events
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ADERIYE, Alex, Mr. resigned 2026-02-13; ADERIYE, Alex, Mr. resigned 2026-02-13; ADERIYE, Augustine Olubamidele resigned 2026-02-26
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Osaretin Rita Aderiye Individual · British · DOB 11/1958 · age 68 | — | — | sig. influencesignificant influence | 13/02/2026 |
1 historic (ceased) PSC
- Mr Augustine Olubamidele Aderiyeceased 26/02/2026· significant influence
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 · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.E. VAUGHAN & CO. LIMITED→ 02604976 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ACME TRADE LTD→ 12986516 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AD MAIORA 2UK LTD→ 11541775 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADAMTHWAITE BROTHERS LTD→ 15782325 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADD CONSTRUCTION LTD→ 14113617 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADIERE LTD→ 15581979 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADONYS PRODUCTS LTD→ 13370813 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADRIAN WHITE BUILDING SUPPLIES LTD.→ 02727601 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| ADVANCED UNITED CONTRACTING & GENERAL TRADING LTD→ 13767030 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVANTAGE SHIPPING LTD→ 10607905 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVERTISING - MEDIA LTD→ 11027722 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AERIAL LTD→ 12684639 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1992-01-29
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
Unit 61 Battersea Business
Centre 99-109 Lavender Hill
London
SW11 5QL
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (2 active · 19 resigned)
ADERIYE, Augustine Olubamidele→
Activesecretary · appointed 2026-02-13
View their other companies + combined net worth →
ADERIYE, Osaretin Rita→
Activedirector · ~68y · appointed 2026-02-13
View their other companies + combined net worth →
ADERIYE, Alex, Mr.→
Resignedsecretary · appointed 1999-02-01 · resigned 2026-02-13
ADERIYE, Bamidele Francis, Dr→
Resignedsecretary · appointed 1992-01-29 · resigned 1997-02-18
ADERIYE, Rita Osaretin→
Resignedsecretary · appointed 1997-02-18 · resigned 1999-02-01
EVANS JACAS, Betty Linda→
Resignedsecretary · appointed 1996-04-08 · resigned 1996-09-30
PARAMOUNT COMPANY SEARCHES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-01-29 · resigned 1992-01-29
ADERIYE, Alex, Mr.→
Resigneddirector · ~93y · appointed 1999-02-01 · resigned 2026-02-13
ADERIYE, Augustine Olubamidele→
Resigneddirector · ~65y · appointed 1996-04-02 · resigned 2026-02-26
ADERIYE, Bamidele Francis, Dr→
Resigneddirector · ~69y · appointed 1992-01-29 · resigned 1997-02-18
ADERIYE, Rita Osaretin→
Resigneddirector · ~68y · appointed 1993-01-02 · resigned 1999-02-01
ADEYEMO, Titilola Olateju→
Resigneddirector · ~74y · appointed 1996-07-15 · resigned 2000-01-04
AJIBOSE, Samson Olusegun→
Resigneddirector · ~67y · appointed 1995-12-01 · resigned 1996-09-30
BABATOLA, Olugbenga→
Resigneddirector · ~69y · appointed 1994-01-10 · resigned 1994-12-21
BEAN, Lola→
Resigneddirector · ~74y · appointed 1996-09-30 · resigned 1997-03-03
EVAN-JACAS, Betty Linda→
Resigneddirector · ~77y · appointed 1994-03-09 · resigned 1996-01-24
EVANS JACAS, Betty Linda→
Resigneddirector · ~77y · appointed 1996-04-08 · resigned 1996-09-30
OLUWOLE, Abigail Olubanke→
Resigneddirector · ~76y · appointed 1992-01-29 · resigned 1993-11-03
ONOSEY, Aneurin→
Resigneddirector · ~71y · appointed 1993-11-09 · resigned 1996-01-24
ONOSEY, Patricia Anne→
Resigneddirector · ~83y · appointed 1995-09-14 · resigned 1995-09-16
Click a director name to see their full track record across all companies.
Recent filings (111 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-02-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-26
appoint-person-director-company-with-name-date
officers · AP01
2026-02-13
appoint-person-secretary-company-with-name-date
officers · AP03
2026-02-13
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-13
termination-director-company-with-name-termination-date
officers · TM01
2026-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-04