ADENCO TRADING LIMITED

💤Zombieactive
03241349 · ltd · incorporated 1996-08-23
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 27.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 27.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 4 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees200200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-08-01
    CONSTABLE, Denise Ann resigned
    director
  5. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-04-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2023-04-06
    JACOBS, Geoffrey Alan resigned
    secretary
  9. 2023-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2023-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-01-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2023-01-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2015-11-01
    CONSTABLE, Mitchell Harry appointed
    director
  21. 2013-11-20
    CONSTABLE, David Gilbert resigned
    director
  22. 2013-08-01
    CONSTABLE, Denise Ann appointed
    director
  23. 2013-03-02
    🔓
    Charge satisfied #1
  24. 2008-05-29
    PRIBUS CONSULTANCY LTD resigned
    corporate-secretary
  25. 2008-05-28
    JACOBS, Geoffrey Alan appointed
    secretary
  26. 2005-11-05
    🔓
    Charge satisfied #2
  27. 2003-03-02
    PRIBUS LIMITED resigned
    corporate-secretary
  28. 2003-03-01
    PRIBUS CONSULTANCY LTD appointed
    corporate-secretary
  29. 2001-06-17
    KENNEDY, Cheryl resigned
    secretary
  30. 2001-06-17
    PRIBUS LIMITED appointed
    corporate-secretary
  31. 2001-06-17
    EDWARDS, Richard John resigned
    director
  32. 2001-01-05
    🔒
    Charge registered #2
    Lender: J R Parsons Limited
  33. 2000-07-19
    CONSTABLE, David Gilbert appointed
    director
  34. 1998-09-22
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  35. 1996-09-06
    KENNEDY, Cheryl appointed
    secretary
  36. 1996-09-06
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  37. 1996-09-06
    EDWARDS, Richard John appointed
    director
  38. 1996-09-06
    CHETTLEBURGH'S LIMITED resigned
    corporate-nominee-director
  39. 1996-08-23
    🏢
    Company incorporated
    As ADENCO TRADING LIMITED
  40. 1996-08-23
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  41. 1996-08-23
    CHETTLEBURGH'S LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Multiple 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 30 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Adenco Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Adenco Uk Limited
Corporate parent · holds 75-100% shares
ultimate parent
ADENCO TRADING LIMITED
This company · 03241349

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Denise Ann Constable
Individual · British · DOB 04/1958 · age 68
75100%
75–100%75-100% shares · 75-100% voting26/05/2016
Adenco Uk Limited
Corporate entity
75100%
75-100% shares26/05/2016

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 · Transport & logistics · W postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
440 LOGISTICS LTD
14821537 · est 2023 · no financials extracted
2y
4QUB3 LTD
13031192 · est 2020 · no financials extracted
5y
A22BTRANSFERS LTD
17096412 · est 2026 · no financials extracted
A2B 1980 LTD
16057352 · est 2024 · no financials extracted
1y
AA ALLTHEWAY LTD
14005546 · est 2022 · no financials extracted
4y
ABANDCOMPANY LTD
15818784 · est 2024 · no financials extracted
1y
ABBASI CARS LTD
05965987 · est 2006 · no financials extracted
19y
ABBEY MINICAB SERVICES LTD
16984359 · est 2026 · no financials extracted
ABUZER UK LTD
14586233 · est 2023 · no financials extracted
3y
ACPF TRANS LTD
16530257 · est 2025 · no financials extracted
ACTIVE MANAGEMENT SOLUTIONS (6) LIMITED
09987089 · est 2016 · no financials extracted
10y
ADAMS&BELL LTD
12462557 · est 2020 · 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
Incorporated1996-08-23
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

317 Horn Lane
London
W3 0BU
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23

Officers (1 active · 9 resigned)

CONSTABLE, Mitchell Harry
director · ~34y · appointed 2015-11-01
View their other companies + combined net worth →
Active
JACOBS, Geoffrey Alan
secretary · appointed 2008-05-28 · resigned 2023-04-06
Resigned
KENNEDY, Cheryl
secretary · appointed 1996-09-06 · resigned 2001-06-17
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED
corporate-nominee-secretary · appointed 1996-08-23 · resigned 1996-09-06
Resigned
PRIBUS CONSULTANCY LTD
corporate-secretary · appointed 2003-03-01 · resigned 2008-05-29
Resigned
PRIBUS LIMITED
corporate-secretary · appointed 2001-06-17 · resigned 2003-03-02
Resigned
CONSTABLE, David Gilbert
director · ~81y · appointed 2000-07-19 · resigned 2013-11-20
Resigned
CONSTABLE, Denise Ann
director · ~68y · appointed 2013-08-01 · resigned 2023-08-01
Resigned
EDWARDS, Richard John
director · ~73y · appointed 1996-09-06 · resigned 2001-06-17
Resigned
CHETTLEBURGH'S LIMITED
corporate-nominee-director · appointed 1996-08-23 · resigned 1996-09-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
J R Parsons
J R Parsons Limited
Rent deposit deed1 property05/01/200105/11/2005
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property22/09/199802/03/2013

Recent filings (107 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
termination-director-company-with-name-termination-date
officers · TM01
2023-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
change-person-director-company-with-change-date
officers · CH01
2023-04-24
termination-secretary-company-with-name-termination-date
officers · TM02
2023-04-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-01-17
change-person-director-company-with-change-date
officers · CH01
2023-01-17
change-person-director-company-with-change-date
officers · CH01
2023-01-17
change-person-secretary-company-with-change-date
officers · CH03
2023-01-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-17