ADI UK LIMITED
📈Growthactive
03319313 · ltd · incorporated 1997-02-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Renting and leasing of media entertainment equipment
Sector: Administrative & support services
Investor take
PursueLeverage-led grower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (62/100).
🏦
Refinance opportunity
31 live charges · 9 lenders · oldest 27.5y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.5 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)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
31 charges (31/31 with lender, 31/31 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,539,733
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £1.54M | £1.27M |
| Average employees | 222 | 20100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (92 events)Click to expand
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-31🔒Charge registered #31Lender: Close Leasing Limited
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-12🔒Charge registered #30Lender: Paragon Business Finance PLC
- 2025-11-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-18🔓Charge satisfied #14
- 2025-11-18🔓Charge satisfied #10
- 2025-10-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-29🔓Charge satisfied #19
- 2025-10-29🔓Charge satisfied #18
- 2025-10-29🔓Charge satisfied #16
- 2025-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-28🔓Charge satisfied #20
- 2025-09-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-29🔒Charge registered #29Lender: Close Leasing Limited
- 2025-08-18📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16🔒Charge registered #28Lender: Close Leasing Limited
- 2025-04-16🔒Charge registered #27Lender: Close Leasing Limited
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04🔒Charge registered #26Lender: Barclays Bank PLC
- 2024-08-15📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-12-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-07📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-18🔒Charge registered #25Lender: Close Leasing Limited
- 2023-05-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-10🔒Charge registered #24Lender: Close Leasing Limited
- 2023-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-27🔒Charge registered #23Lender: Close Brothers Limited
- 2023-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-30🔒Charge registered #22Lender: Close Leasing Limited
- 2022-12-13🔒Charge registered #21Lender: Close Leasing Limited
- 2022-09-13🔒Charge registered #20Lender: Close Leasing Limited
- 2022-06-16🔓Charge satisfied #9
- 2022-06-16🔓Charge satisfied #4
- 2022-05-30🔓Charge satisfied #15
- 2022-04-12🔒Charge registered #19Lender: Hampshire Trust Bank PLC
- 2022-04-12🔒Charge registered #18Lender: Hampshire Trust Bank PLC
- 2022-03-03🔒Charge registered #17Lender: Close Brothers Limited
- 2020-03-17🔒Charge registered #16Lender: Close Leasing Limited
- 2019-04-25🔓Charge satisfied #5
- 2019-04-08🔒Charge registered #15Lender: Kingsley Asset Finance LTD
- 2018-07-09🔒Charge registered #14Lender: Barclays Bank PLC
- 2016-03-09🔓Charge satisfied #13
Showing most recent 50 of 92 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
2 med · 1 low3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-31: A registered charge; 2025-12-12: A registered charge; 2025-09-29: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
12 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Retstone Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Retstone Limited
Corporate parent · holds 75-100% shares
⬇
ADI UK LIMITED
This company · 03319313
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 |
|---|---|---|---|---|
Retstone Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 · Professional services · BL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A D HUMPHREY SERVICES LTD→ 14410717 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A E 2 LIMITED→ 14143761 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A. HARTIGAN DO SERVICES LIMITED→ 17052776 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACCELERATE CONSULTING (UK) LIMITED→ 08927939 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCURA RESOURCING LIMITED→ 12330565 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACORN CARE AND EDUCATION LIMITED→ 05019430 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ACTFASTRESOURCES LIMITED→ 15332926 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM & CO ACCOUNTANTS LIMITED→ 06474977 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ADAPTIVE CONSULTANCY LIMITED→ 14581381 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADK LAW LIMITED→ 09414163 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADOR SOLUTIONS LTD→ 16901464 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADR ENGINEERING NORTHWEST LTD→ 15520248 · 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
Incorporated1997-02-17
Jurisdictionengland-wales
Primary SIC77291 — Renting and leasing of media entertainment equipment
Registered office
Fourth Floor
Unit 5b The Parklands
Bolton
BL6 4SD
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21
Officers (4 active · 8 resigned)
Active
ROBINSON, James→
Activedirector · ~50y · appointed 2004-01-01
View their other companies + combined net worth →
ROBINSON, Nicholas Andrew→
Activedirector · ~52y · appointed 2013-12-17
View their other companies + combined net worth →
WILLIAMS, Geraint Edward→
Activedirector · ~56y · appointed 1997-02-26
View their other companies + combined net worth →
BIDWELL, Anne Louise→
Resignedsecretary · appointed 2000-03-18 · resigned 2014-07-31
RADCLIFFE, Richard Marcus Callister→
Resignedsecretary · appointed 1999-04-21 · resigned 2000-03-18
WOODS, Tracy Louise→
Resignedsecretary · appointed 1997-02-26 · resigned 1998-10-30
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-02-17 · resigned 1997-02-26
BIDWELL, Anne Louise→
Resigneddirector · ~55y · appointed 1997-10-06 · resigned 2014-07-31
RADCLIFFE, Richard Marcus Callister→
Resigneddirector · ~60y · appointed 1999-04-21 · resigned 2000-03-18
WOODS, Tracy Louise→
Resigneddirector · ~59y · appointed 1997-02-26 · resigned 1998-10-30
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-02-17 · resigned 1997-02-26
Click a director name to see their full track record across all companies.
Mortgages & charges
31
Total charges
12
Outstanding
4
Active lenders
Status:Lender:31 of 31 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 31/03/2026 | — | |
| outstanding | Paragon Paragon Business Finance PLC | A registered charge | — | 12/12/2025 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 29/09/2025 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 16/04/2025 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 16/04/2025 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 04/02/2025 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 18/05/2023 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | 1 property | 10/05/2023 | — | |
| outstanding | Close Brothers Close Brothers Limited | A registered charge | 1 property | 27/03/2023 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 30/12/2022 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 13/12/2022 | — | |
| satisfied | Close Leasing Close Leasing Limited | A registered charge | — | 13/09/2022 | 28/10/2025 | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 12/04/2022 | 29/10/2025 | |
| satisfied | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 12/04/2022 | 29/10/2025 | |
| outstanding | Close Brothers Close Brothers Limited | A registered charge | 1 property | 03/03/2022 | — | |
| satisfied | Close Leasing Close Leasing Limited | A registered charge | 1 property | 17/03/2020 | 29/10/2025 | |
| satisfied | Kingsley Asset Finance Kingsley Asset Finance LTD | A registered charge | — | 08/04/2019 | 30/05/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 09/07/2018 | 18/11/2025 | |
| satisfied | Close Leasing Close Leasing Limited | Chattel mortgage | 2 properties | 04/04/2013 | 09/03/2016 | |
| satisfied | Close Leasing Close Leasing Limited | Chattel mortgage | 1 property | 30/09/2012 | 09/03/2016 | |
| satisfied | Close Leasing Close Leasing Limited | Certificate of assignment | 1 property | 30/09/2012 | 09/03/2016 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 12/12/2011 | 18/11/2025 | |
| satisfied | Close Leasing Close Leasing Limited | Chattel mortgage | 1 property | 26/08/2011 | 03/03/2015 | |
| satisfied | Close Leasing Close Leasing Limited | Deed of assignment (the assignment) | 1 property | 10/08/2011 | 16/06/2022 | |
| satisfied | Close Leasing Close Leasing Limited | Certificate of assignment (the assignment) | 1 property | 10/08/2011 | 03/03/2015 | |
| satisfied | Close Leasing Close Leasing Limited | Chattel mortgage | 2 properties | 27/10/2010 | 02/03/2015 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 18/08/2003 | 25/04/2019 | |
| satisfied | Empire Energy Services Empire Energy Services Limited | Legal charge | 1 property | 20/01/2003 | 16/06/2022 | |
| satisfied | First National Invoice Finance First National Invoice Finance Limited | Fixed and floating charge | 2 properties | 28/01/2002 | 29/09/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 15/03/1999 | 29/09/2010 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 08/12/1998 | 29/09/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (146 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-30
accounts-with-accounts-type-full
accounts · AA
2025-08-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05