ADMIRAL SECURITY SYSTEMS LIMITED
💤Zombieactive
02722048 · ltd · incorporated 1992-06-10
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
£18.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Security systems service activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -79% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 32.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
122 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
55
Some acquirability indicators.
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 £18,095
Net assets shrinking
Down £12,040 YoY
Cash draining
Cash down 79% YoY
Cash YoY
-79%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↓ 79% YoY
Net Worth
£18k
↓ 40% YoY
Current Assets
£291k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £47.4k | £36.1k |
| Current assets | £290.8k | £258.4k |
| Cash | £11.1k | £52.9k |
| Debtors | £258.2k | £173.9k |
| Net assets | £18.1k | £30.1k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-12➖AUSTIN, Andrew James resigneddirector
- 2025-02-12➖BURCHELL, Philip Stanley resigneddirector
- 2025-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-29🔓Charge satisfied #1
- 2025-01-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-21🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2024-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-05📄capital-allotment-sharescapital · SH01
- 2024-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30➖TAYLOR, Neil John resigneddirector
- 2021-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2015-11-20➕GERRARD, Andrew Duncan appointeddirector
- 2015-11-20➕TAYLOR, Neil John appointeddirector
- 2015-10-30➖AUSTIN, Paul resigneddirector
- 2013-03-01➖DRIVER, Clive Robert resigneddirector
- 2013-02-12➖DRIVER, Clive Robert resignedsecretary
- 1994-07-08🔒Charge registered #1Lender: Midland Bank PLC
- 1992-06-11➕DRIVER, Clive Robert appointedsecretary
- 1992-06-11➖WATKINS, Margaret Mary resignednominee-secretary
- 1992-06-11➕AUSTIN, Andrew James appointeddirector
- 1992-06-11➕AUSTIN, Paul appointeddirector
- 1992-06-11➕BURCHELL, Philip Stanley appointeddirector
- 1992-06-11➕DRIVER, Clive Robert appointeddirector
- 1992-06-11➖MCCOLLUM, Angela Jean resignednominee-director
- 1992-06-10🏢Company incorporatedAs ADMIRAL SECURITY SYSTEMS LIMITED
- 1992-06-10➕WATKINS, Margaret Mary appointednominee-secretary
- 1992-06-10➕MCCOLLUM, Angela Jean appointednominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 34 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.)
Group structure
Admiral Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Admiral Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
ADMIRAL SECURITY SYSTEMS LIMITED
This company · 02722048
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 |
|---|---|---|---|---|
Admiral Holdings Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 12/02/2025 |
2 historic (ceased) PSCs
- Mr Andrew James Austinceased 12/02/2025· 25-50% shares · 25-50% voting
- Mr Phillip Stanley Burchellceased 12/02/2025· 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 · Trade services · RH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A FITNESS HUB LIMITED→ 11369731 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.F SCAFFOLDING LIMITED→ 10352027 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A&G FORMWORK LTD→ 14856675 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABW SECURITY LTD→ 16311847 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE WELDING ENGINEERING LIMITED→ 11882252 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACS ADMIN LIMITED→ 10711190 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AD CHINESE CENTRE LIMITED→ 10736207 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADD CLEANING SERVICES LIMITED→ 13856969 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADEO PROPERTY DEVELOPMENTS (COMPTON'S LANE) LTD→ 10121907 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADLER AESTHETICS & BEAUTY LIMITED→ 16191453 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADMIN ETC LTD→ 14996979 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMIRAL FIRE SYSTEMS LIMITED→ 12244161 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1992-06-10
Jurisdictionengland-wales
Primary SIC80200 — Security systems service activities
Registered office
Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-23
Last: 2026-05-09
Officers (1 active · 8 resigned)
GERRARD, Andrew Duncan→
Activedirector · ~44y · appointed 2015-11-20
View their other companies + combined net worth →
DRIVER, Clive Robert→
Resignedsecretary · appointed 1992-06-11 · resigned 2013-02-12
WATKINS, Margaret Mary→
Resignednominee-secretary · appointed 1992-06-10 · resigned 1992-06-11
AUSTIN, Andrew James→
Resigneddirector · ~57y · appointed 1992-06-11 · resigned 2025-02-12
AUSTIN, Paul→
Resigneddirector · ~79y · appointed 1992-06-11 · resigned 2015-10-30
BURCHELL, Philip Stanley→
Resigneddirector · ~70y · appointed 1992-06-11 · resigned 2025-02-12
DRIVER, Clive Robert→
Resigneddirector · ~79y · appointed 1992-06-11 · resigned 2013-03-01
MCCOLLUM, Angela Jean→
Resignednominee-director · ~63y · appointed 1992-06-10 · resigned 1992-06-11
TAYLOR, Neil John→
Resigneddirector · ~55y · appointed 2015-11-20 · resigned 2022-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 21/01/2025 | — | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 08/07/1994 | 29/01/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
termination-director-company-with-name-termination-date
officers · TM01
2025-02-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-19
termination-director-company-with-name-termination-date
officers · TM01
2025-02-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
capital-allotment-shares
capital · SH01
2024-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-12