AADVARK SUPPLIES LIMITED
💤Zombieactive
02914979 · ltd · incorporated 1994-03-31
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 Mar 2025
Net worth
£-8.6k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · oldest 31.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
94 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 · FRS 102Negative net assets
Liabilities exceed assets by £8,561
Net assets shrinking
Down £37,626 YoY
Cash YoY
+76%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£735
↑ 76% YoY
Net Worth
-£9k
↓ 129% YoY
Current Assets
£127k
↓ 19% 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 | £-6.6k | £30.2k |
| Current assets | £126.7k | £155.7k |
| Cash | £735 | £418 |
| Debtors | £52.4k | £82.5k |
| Net assets | £-8.6k | £29.1k |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-07-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-15📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-31➖HOBBS, David Douglas resignedsecretary
- 2024-03-31➖CLARK, Ian Robert resigneddirector
- 2023-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-01➖HOBBS, Steven John resigneddirector
- 2022-11-20➕HOBBS, Trevor appointeddirector
- 2022-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2004-03-08➕CLARK, Ian Robert appointeddirector
- 2000-06-01➕HOBBS, David Douglas appointedsecretary
- 2000-05-31➖HOWELL, Carolyn Mary resignedsecretary
- 1999-05-13🔒Charge registered #3Lender: Midland Bank PLC
- 1997-09-04➖HOBBS, Steven John resignedsecretary
- 1997-09-04➕HOWELL, Carolyn Mary appointedsecretary
- 1997-03-27➖GORDON, Alistair Mckenzie resigneddirector
- 1995-05-23🔒Charge registered #2Lender: Midland Bank PLC
- 1995-03-30🔒Charge registered #1Lender: Midland Bank PLC
- 1994-05-11➕HOBBS, Steven John appointedsecretary
- 1994-05-11➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1994-05-11➕GORDON, Alistair Mckenzie appointeddirector
- 1994-05-11➕HOBBS, Steven John appointeddirector
- 1994-05-11➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
- 1994-03-31🏢Company incorporatedAs AADVARK SUPPLIES LIMITED
- 1994-03-31➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1994-03-31➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-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
55/100
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 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 Trevor Hobbs Individual · British · DOB 07/1983 · age 43 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 22/11/2022 |
1 historic (ceased) PSC
- Mr Stephen John Hobbsceased 22/11/2022· 75-100% shares · 75-100% 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 · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 247LIFELINE LTD→ 11593285 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 365 DEBUTANTE COMPANY LIMITED→ 12471131 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 38 NELSON ROAD (SOUTHSEA) FREEHOLD LTD→ 11384410 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 8 ENTERPRISES LTD.→ 09657339 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 9 SOUTH PARADE SOUTHSEA MANAGEMENT LIMITED→ 04120117 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| A&A UNIVERSE COMMUNITY SERVICES C.I.C.→ 16173970 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 BUILD CLEANING LIMITED→ 11151507 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AAA DRAINAGE LIMITED→ 11173584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ABA DOMESTIC APPLIANCES LIMITED→ 14669637 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABACUS LETTINGS (SUSSEX) LTD→ 05375840 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ABCD NEWCO LIMITED→ 16557286 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABOVE ALL LANDSCAPING LTD→ 15634381 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1994-03-31
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
242 Gosport Road
Fareham
Hampshire
PO16 0SS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (1 active · 8 resigned)
HOBBS, Trevor→
Activedirector · ~43y · appointed 2022-11-20
View their other companies + combined net worth →
HOBBS, David Douglas→
Resignedsecretary · appointed 2000-06-01 · resigned 2024-03-31
HOBBS, Steven John→
Resignedsecretary · appointed 1994-05-11 · resigned 1997-09-04
HOWELL, Carolyn Mary→
Resignedsecretary · appointed 1997-09-04 · resigned 2000-05-31
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-03-31 · resigned 1994-05-11
CLARK, Ian Robert→
Resigneddirector · ~57y · appointed 2004-03-08 · resigned 2024-03-31
GORDON, Alistair Mckenzie→
Resigneddirector · ~94y · appointed 1994-05-11 · resigned 1997-03-27
HOBBS, Steven John→
Resigneddirector · ~68y · appointed 1994-05-11 · resigned 2023-04-01
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 1994-03-31 · resigned 1994-05-11
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 13/05/1999 | — | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 23/05/1995 | — | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 30/03/1995 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-06
termination-director-company-with-name-termination-date
officers · TM01
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-15
termination-director-company-with-name-termination-date
officers · TM01
2024-04-15
change-person-director-company-with-change-date
officers · CH01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-18
appoint-person-director-company-with-name-date
officers · AP01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-19