ADARE SEC LIMITED
🌳Matureactive
02814431 · ltd · incorporated 1993-04-30
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 17230
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 20 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
24 live charges · 20 lenders · oldest 32.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 32.8 years old — likely at or near maturity.
- · 20 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
43 officers (7 active, 43 linked, 38 with DOB)
88
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
253 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (148 events)Click to expand
- 2026-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-19➖STRONG, Anthony John resigneddirector
- 2025-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-01📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-29🔒Charge registered #24Lender: Mml Finance Company Ireland Iii Designated Activity Company
- 2025-05-14📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-03-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-20➕RUGHANI, Mitul Jay appointedsecretary
- 2025-03-20➕WALSH, Christopher James appointeddirector
- 2025-03-20➖JERNAS, Marcin resigneddirector
- 2025-03-20➖JERNAS, Pawel resigneddirector
- 2025-03-03📄resolutionresolution · RESOLUTIONS
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-01-07📄resolutionresolution · RESOLUTIONS
- 2025-01-06📄memorandum-articlesincorporation · MA
- 2025-01-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-23➕KEEGAN, Nicholas appointeddirector
- 2024-12-23➕WOODS, Shane William Joseph appointeddirector
- 2024-12-23➖GHYSEN, Samantha Jayne resignedsecretary
- 2024-12-23➕JERNAS, Marcin appointeddirector
- 2024-12-23➕JERNAS, Pawel appointeddirector
- 2024-12-23➖JOHNSON, Simon Christopher resigneddirector
- 2024-12-23🔒Charge registered #23Lender: The Governor and Company of the Bank of Ireland (As Security Agent)
- 2024-12-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-13🔓Charge satisfied #22
- 2024-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-31➖PRESTWICH, Tom Graham resigneddirector
- 2022-12-01➖ROWAN, Allan resigneddirector
- 2022-06-30➕HERD, Andrew David appointeddirector
- 2022-06-30➕ROWAN, Allan appointeddirector
- 2022-05-17🔓Charge satisfied #21
- 2022-05-17🔓Charge satisfied #16
- 2022-03-30➖DE HAAN, Peter Charles resigneddirector
- 2021-11-23🔓Charge satisfied #19
- 2021-11-23🔓Charge satisfied #18
- 2021-11-23🔓Charge satisfied #17
- 2021-11-03🔓Charge satisfied #20
- 2021-11-01➕SAVAGE, Hayden John appointeddirector
- 2021-11-01➕GHYSEN, Samantha Jayne appointedsecretary
- 2021-11-01➖MARRONS CONSULTANCIES LIMITED resignedcorporate-secretary
Showing most recent 50 of 148 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
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
Opus Trust Marketing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Opus Trust Marketing Limited
Corporate parent · holds 75-100% shares
⬇
ADARE SEC LIMITED
This company · 02814431
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 |
|---|---|---|---|---|
Opus Trust Marketing Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/11/2021 |
3 historic (ceased) PSCs
- Adare Sec Holdings Limitedceased 31/03/2020· 75-100% shares · 75-100% voting · board control
- Acics Limitedceased 01/11/2021· 75-100% shares · 75-100% voting · board control
- Adare Group Limitedceased 31/01/2020· 75-100% shares · 75-100% 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 · Manufacturing · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10ZIG TECHNOLOGY LIMITED→ 05601056 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST CALL SERVICE (UK) LTD→ 07025572 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| A.A. BROWN ENGINEERING LTD→ 00709880 · est 1961 · no financials extracted | — | — | — | — | 64y | — | — |
| A.B.G. RUBBER & PLASTICS LIMITED→ 01202761 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
| A.C.D. PLANT LIMITED→ 01307241 · est 1977 · no financials extracted | — | — | — | — | 49y | — | — |
| A1 BINDING LTD→ 09271991 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AA PRINT LTD→ 15492148 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AARDVARK STRATTON GROUP LTD→ 12915021 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AARON PRECISION TURNED PARTS LIMITED→ 01761153 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| AAYAN (LEIC) LTD→ 16466127 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABACO SYSTEMS LIMITED→ 02151516 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| ABBEY METAL FINISHING COMPANY LIMITED→ 00617406 · est 1958 · no financials extracted | — | — | — | — | 67y | — | — |
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
Incorporated1993-04-30
Jurisdictionengland-wales
Primary SIC17230 — SIC 17230
Registered office
133 Scudamore Road
Braunstone Frith Industrial Estate
Leicester
LE3 1UQ
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22
Officers (7 active · 36 resigned)
RUGHANI, Mitul Jay→
Activesecretary · appointed 2025-03-20
View their other companies + combined net worth →
DICKSON, Christian Alexander Paul→
Activedirector · ~58y · appointed 2019-06-27
View their other companies + combined net worth →
HERD, Andrew David→
Activedirector · ~57y · appointed 2022-06-30
View their other companies + combined net worth →
KEEGAN, Nicholas→
Activedirector · ~38y · appointed 2024-12-23
View their other companies + combined net worth →
SAVAGE, Hayden John→
Activedirector · ~58y · appointed 2021-11-01
View their other companies + combined net worth →
WALSH, Christopher James→
Activedirector · ~37y · appointed 2025-03-20
View their other companies + combined net worth →
WOODS, Shane William Joseph→
Activedirector · ~50y · appointed 2024-12-23
View their other companies + combined net worth →
CREAN, Patrick James→
Resignedsecretary · appointed 1993-04-30 · resigned 1998-01-12
GHYSEN, Samantha Jayne→
Resignedsecretary · appointed 2021-11-01 · resigned 2024-12-23
HUNT, Jennifer Irene→
Resignednominee-secretary · appointed 1993-04-30 · resigned 1993-04-30
MARRONS CONSULTANCIES LIMITED→
Resignedcorporate-secretary · appointed 1998-01-12 · resigned 2021-11-01
BLACK, Iain Shearer→
Resigneddirector · ~68y · appointed 1993-10-01 · resigned 1999-06-28
CARTLIDGE, Donald→
Resigneddirector · ~70y · appointed 1996-06-27 · resigned 1997-05-31
COLL, James Joseph→
Resigneddirector · ~87y · appointed 1993-04-30 · resigned 2004-08-31
CREAN, Patrick James→
Resigneddirector · ~63y · appointed 1993-04-30 · resigned 1998-01-12
CRICH, Barry→
Resigneddirector · ~64y · appointed 1998-02-17 · resigned 2018-01-31
DE HAAN, Peter Charles→
Resigneddirector · ~74y · appointed 2021-11-01 · resigned 2022-03-30
EVERARD, Clinton Edwin→
Resigneddirector · ~65y · appointed 2006-03-24 · resigned 2007-08-31
GREAVES, Stewart Barry→
Resigneddirector · ~79y · appointed 1994-07-29 · resigned 1999-04-13
GRIFFITHS, Stephen Lestock→
Resigneddirector · ~79y · appointed 1993-07-23 · resigned 1994-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
2
Outstanding
2
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mml Finance Company Ireland Iii Designated Activity Company | A registered charge | 1 property | 29/05/2025 | — | |
| outstanding | The Governor and Company of the Bank of Ireland (As Security Agent) | A registered charge | 1 property | 23/12/2024 | — | |
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 01/11/2021 | 13/12/2024 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | — | 01/11/2021 | 17/05/2022 | |
| satisfied | HSBC Hsbc Equipment Finance (UK) LTD | A registered charge | — | 31/01/2020 | 03/11/2021 | |
| satisfied | Keith Graver, Neil Hainsworth and Capital Cranfield Pension Trustees as Trustees of the Halcyon Business Solutions Pension Scheme Keith Graver, Neil Hainsworth and Capital Cranfield Pension Trustees Limited as Trustees of the Halcyon Business Solutions Pension Scheme | A registered charge | 1 property | 30/11/2018 | 23/11/2021 | |
| satisfied | Endless as Security Trustee Endless LLP as Security Trustee | A registered charge | 1 property | 31/07/2017 | 23/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC as Security Trustee for the Secured Parties | A registered charge | 1 property | 31/07/2017 | 23/11/2021 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 31/07/2017 | 17/05/2022 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 27/04/2016 | 30/08/2017 | |
| satisfied | HSBC Hsbc Bank PLC as Security Trustee for the Secured Parties | A registered charge | 1 property | 27/04/2016 | 30/08/2017 | |
| satisfied | Endless Endless LLP | A registered charge | 1 property | 10/04/2015 | 30/08/2017 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 03/10/2014 | 30/08/2017 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 03/10/2014 | 30/08/2017 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 03/10/2014 | 30/08/2017 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 03/10/2014 | 30/08/2017 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Debenture | 1 property | 30/03/2012 | 07/10/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (The "Security Trustee") | Debenture | 1 property | 24/03/2006 | 07/10/2014 | |
| satisfied | The Governor and Company of the Bank of Scotlandin It's Capacity as Security Trustee for the Security Beneficiaries | Legal charge | 2 properties | 30/08/2000 | 21/06/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland, as Security Trustee for the Securitybeneficiaries | Deed of accession to a composite guarantee and debenture dated 14 july 2000 | 1 property | 30/08/2000 | 21/06/2006 | |
| satisfied | Allied Irish Banks Plcin It's Capacity as Trustee for the Beneficiaries | Debenture | 1 property | 19/04/1996 | 16/07/2003 | |
| satisfied | Allied Irish Banks Allied Irish Banks PLC | Composite debenture | 1 property | 06/06/1995 | 15/10/1997 | |
| satisfied | Abn Amro Bank N.V.Dublin Branch | Fixed and floating charge | 1 property | 05/04/1995 | 30/09/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 23/07/1993 | 30/09/1995 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (253 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
change-person-director-company-with-change-date
officers · CH01
2026-01-06
termination-director-company-with-name-termination-date
officers · TM01
2025-12-19
accounts-with-accounts-type-full
accounts · AA
2025-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-05-14
appoint-person-director-company-with-name-date
officers · AP01
2025-03-31
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
appoint-person-secretary-company-with-name-date
officers · AP03
2025-03-28
resolution
resolution · RESOLUTIONS
2025-03-03
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06