A.D.P. SUPPLIES LIMITED
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 28.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (35 events)Click to expand
- 2026-06-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-01➖PALLETT, Sandra resignedsecretary
- 2025-11-01➖PALLETT, David Michael resigneddirector
- 2025-11-01➖PALLETT, Sandra Elizabeth resigneddirector
- 2025-01-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-08🔓Charge satisfied #2
- 2021-06-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-06-01➕PALLETT, David Michael appointeddirector
- 2010-01-06➕LOWDEN, Ian Ernest Charles appointeddirector
- 2010-01-06➖PALLETT, David Michael resigneddirector
- 2010-01-06➕PALLETT, Sandra Elizabeth appointeddirector
- 2006-10-02➖LOWDEN, Ian Ernest Charles resigneddirector
- 2003-06-01➕LOWDEN, Ian Ernest Charles appointeddirector
- 2000-08-09🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 1997-12-05🔒Charge registered #1Lender: Lloyds Bank PLC
- 1997-10-01🏢Company incorporatedAs A.D.P. SUPPLIES LIMITED
- 1997-10-01➕PALLETT, Sandra appointedsecretary
- 1997-10-01➕L & A SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 1997-10-01➖L & A SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 1997-10-01➕PALLETT, David Michael appointeddirector
- 1997-10-01➕L & A REGISTRARS LIMITED appointedcorporate-nominee-director
- 1997-10-01➖L & A REGISTRARS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- 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
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: PALLETT, Sandra resigned 2025-11-01; PALLETT, David Michael resigned 2025-11-01; PALLETT, Sandra Elizabeth resigned 2025-11-01
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Ernest Charles Lowden Individual · British · DOB 04/1959 · age 67 | 75–100% | — | 75-100% shares | 01/10/2022 |
1 historic (ceased) PSC
- Mr David Michael Pallettceased 01/10/2022· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (1 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 09/08/2000 | 08/04/2022 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 05/12/1997 | — |