ADKIN SOT LIMITED
💤Zombieactive
03502965 · ltd · incorporated 1998-02-03
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 Feb 2025
Net worth
£241.0k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 27.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (69/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £241,019
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£241k
↑ 16% YoY
Current Assets
£216k
↑ 5.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £281.7k | £208.2k |
| Current assets | £216.3k | £205.7k |
| Net assets | £241.0k | £208.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (26 events)Click to expand
- 2025-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-23📄capital-allotment-sharescapital · SH01
- 2022-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-17📄capital-allotment-sharescapital · SH01
- 2020-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-11-20🔒Charge registered #4Lender: Snap-on Finance UK Limited
- 2017-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-04-12🔒Charge registered #3Lender: Hsbc Bank PLC
- 1998-06-15🔒Charge registered #2Lender: Snap-on Tools Limited
- 1998-06-15🔒Charge registered #1Lender: Snap-on Finance UK Limited
- 1998-02-24➕BLENKARN-ADKIN, Sandra appointedsecretary
- 1998-02-24➕ADKIN, Timothy appointeddirector
- 1998-02-24➖L.C.I. SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-02-24➖DAWSON, Alan, Mr. resigneddirector
- 1998-02-03🏢Company incorporatedAs ADKIN SOT LIMITED
- 1998-02-03➕L.C.I. SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-02-03➕DAWSON, Alan, Mr. appointeddirector
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ADKIN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Wholesale & distribution · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1898 LONDON LTD.→ 12945761 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A & A EMERALD DISTRIBUTIONS LTD→ 16111505 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A B ELECTRICAL WHOLESALERS LIMITED→ 02967188 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| A. & A. STRAW SUPPLIES LIMITED→ 02917588 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ABC ELECTRONICS LIMITED→ 05150382 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ABRA-WELD LIMITED→ 16246887 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOLUTE SALES AND PURCHASING LTD→ 10532713 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACCESS BUILDING PRODUCTS LIMITED→ 05952723 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ACE OF PENTACLES LTD→ 16225136 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADDCORE LIMITED→ 07925722 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AGILE INTERIOR PRODUCTS LIMITED→ 06705838 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AGRAMKOW UK LTD→ 14743125 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1998-02-03
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment
Registered office
119 Stonegate
Hunmanby
Filey
North Yorkshire
YO14 0PU
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19
Officers (2 active · 2 resigned)
BLENKARN-ADKIN, Sandra→
Activesecretary · appointed 1998-02-24
View their other companies + combined net worth →
ADKIN, Timothy→
Activedirector · ~60y · appointed 1998-02-24
View their other companies + combined net worth →
L.C.I. SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-02-03 · resigned 1998-02-24
DAWSON, Alan, Mr.→
Resigneddirector · ~71y · appointed 1998-02-03 · resigned 1998-02-24
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Snap-on Finance UK Snap-on Finance UK Limited | A registered charge | — | 20/11/2017 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 12/04/2002 | — | |
| outstanding | Snap-on Tools Snap-on Tools Limited | Debenture | 1 property | 15/06/1998 | — | |
| outstanding | Snap-on Finance UK Snap-on Finance UK Limited | Debenture | 1 property | 15/06/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-21
capital-allotment-shares
capital · SH01
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
capital-allotment-shares
capital · SH01
2021-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-05