ADROIT PRECISION ENGINEERING LIMITED

💤Zombieactive
03506609 · ltd · incorporated 1998-02-09
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
82/100
Exceptional
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 61). 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 19.3y

15/100
under pressure

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

  • · Oldest live charge is 19.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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.

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
10 officers (1 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
93 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.

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 · accounting standard unknown
Metric2024-12-312023-12-31
Average employees17001700

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-12
    📄
    capital-alter-shares-subdivision
    capital · SH02
  4. 2023-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2023-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-12-12
    ➖
    HORSLER, John Stanley resigned
    director
  9. 2022-10-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-09-24
    🔒
    Charge registered #4
    Lender: John Horsler
  11. 2022-03-30
    ➖
    WINDMILL, Ian George resigned
    secretary
  12. 2022-03-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-02-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2019-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-09-01
    ➕
    HORSLER, John Stanley appointed
    director
  20. 2019-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2009-11-13
    🔓
    Charge satisfied #3
  23. 2009-07-22
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  24. 2008-12-23
    ➖
    HORSLER, John Stanley resigned
    director
  25. 2007-12-10
    ➕
    HORSLER, John Stanley appointed
    director
  26. 2007-11-05
    🔒
    Charge registered #2
    Lender: Real Estate and Commercial Trust Limited
  27. 2007-08-15
    🔓
    Charge satisfied #1
  28. 2007-07-31
    ➖
    HORSLER, John Stanley resigned
    director
  29. 2007-02-05
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  30. 2006-12-15
    ➕
    HORAN, Michael Edward appointed
    director
  31. 2005-04-20
    ➖
    HORSLER, Elizabeth Ann resigned
    secretary
  32. 2005-04-20
    ➕
    WINDMILL, Ian George appointed
    secretary
  33. 2004-01-24
    ➕
    HORSLER, Elizabeth Ann appointed
    secretary
  34. 2004-01-23
    ➖
    HORSLER, John Stanley resigned
    secretary
  35. 2001-04-30
    ➖
    HORSLER, Elizabeth Ann resigned
    director
  36. 1998-02-09
    🏢
    Company incorporated
    As ADROIT PRECISION ENGINEERING LIMITED
  37. 1998-02-09
    ➕
    HORSLER, John Stanley appointed
    secretary
  38. 1998-02-09
    ➕
    PARAMOUNT COMPANY SEARCHES LIMITED appointed
    corporate-nominee-secretary
  39. 1998-02-09
    ➖
    PARAMOUNT COMPANY SEARCHES LIMITED resigned
    corporate-nominee-secretary
  40. 1998-02-09
    ➕
    HORSLER, Elizabeth Ann appointed
    director
  41. 1998-02-09
    ➕
    HORSLER, John Stanley appointed
    director
  42. 1998-02-09
    ➕
    PARAMOUNT PROPERTIES (UK) LIMITED appointed
    corporate-nominee-director
  43. 1998-02-09
    ➖
    PARAMOUNT PROPERTIES (UK) LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The 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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

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

Group structure

Jsh Engineering Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jsh Engineering Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ADROIT PRECISION ENGINEERING LIMITED
This company · 03506609

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%
NameSharesVoting rightsNature of controlNotified
Jsh Engineering Group Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting · firm interest22/09/2022
2 historic (ceased) PSCs
  • Mr John Stanley Horslerceased 22/09/2022· 75-100% shares
  • Adroit Holdings Limitedceased 31/10/2019· 75-100% shares

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 →

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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
Incorporated1998-02-09
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Unit 5 Bilton Court
Bilton Way
Luton
Bedfordshire
LU1 1LX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-11
Last: 2025-12-28

Officers (1 active · 9 resigned)

HORAN, Michael Edward→
director · ~61y · appointed 2006-12-15
View their other companies + combined net worth →
Active
HORSLER, Elizabeth Ann→
secretary · appointed 2004-01-24 · resigned 2005-04-20
Resigned
HORSLER, John Stanley→
secretary · appointed 1998-02-09 · resigned 2004-01-23
Resigned
WINDMILL, Ian George→
secretary · appointed 2005-04-20 · resigned 2022-03-30
Resigned
PARAMOUNT COMPANY SEARCHES LIMITED→
corporate-nominee-secretary · appointed 1998-02-09 · resigned 1998-02-09
Resigned
HORSLER, Elizabeth Ann→
director · ~73y · appointed 1998-02-09 · resigned 2001-04-30
Resigned
HORSLER, John Stanley→
director · ~72y · appointed 2019-09-01 · resigned 2022-12-12
Resigned
HORSLER, John Stanley→
director · ~72y · appointed 2007-12-10 · resigned 2008-12-23
Resigned
HORSLER, John Stanley→
director · ~72y · appointed 1998-02-09 · resigned 2007-07-31
Resigned
PARAMOUNT PROPERTIES (UK) LIMITED→
corporate-nominee-director · appointed 1998-02-09 · resigned 1998-02-09
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
John Horsler
A registered charge—24/09/2022—
satisfied
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property22/07/200913/11/2009
outstanding
Real Estate and Commercial Trust
Real Estate and Commercial Trust Limited
Deposit deed1 property05/11/2007—
satisfied
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property05/02/200715/08/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-28
capital-alter-shares-subdivision
capital · SH02
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-08
termination-director-company-with-name-termination-date
officers · TM01
2023-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-13
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16