ADA IRONWORK LTD
⚰️Wound downdissolved
03674731 · ltd · incorporated 1998-11-26
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 24100
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 22.8y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (42 events)Click to expand
- 2014-01-28📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-01-28🏁Company dissolved
- 2013-10-15📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-10-04📄dissolution-application-strike-off-companydissolution · DS01
- 2013-08-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-04-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-02-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-09-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-09-12➖CLEAL, Arthur resigneddirector
- 2011-01-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-12-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-15📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-15📄change-person-director-company-with-change-dateofficers · CH01
- 2009-07-21📄accounts-with-accounts-type-partial-exemptionaccounts · AA
- 2009-01-14📄legacyannual-return · 363a
- 2008-11-13📄legacyofficers · 288c
- 2008-11-13📄legacyofficers · 288c
- 2008-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-12-19📄legacyannual-return · 363a
- 2007-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-12-20📄legacyannual-return · 363a
- 2006-10-25📄accounts-with-accounts-type-partial-exemptionaccounts · AA
- 2005-12-22📄legacyannual-return · 363s
- 2005-04-09📄accounts-with-accounts-type-partial-exemptionaccounts · AA
- 2003-08-06🔒Charge registered #1Lender: Barclays Bank PLC
- 2000-07-31➖GOODWIN, Neil Owen resignedsecretary
- 2000-06-22➕DANCYGER, Sharon appointedsecretary
- 2000-06-22➖DANCYGER, Betty resignedsecretary
- 2000-06-22➖DANCYGER, Brian resigneddirector
- 2000-06-01➕GOODWIN, Neil Owen appointedsecretary
- 1999-12-01➕ALLEN, Harry Edward appointeddirector
- 1999-12-01➕CLEAL, Arthur appointeddirector
- 1998-12-01➕DANCYGER, Betty appointedsecretary
- 1998-12-01➕DANCYGER, Brian appointeddirector
- 1998-11-26🏢Company incorporatedAs ADA IRONWORK LTD
- 1998-11-26➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 1998-11-26➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 1998-11-26➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
- 1998-11-26➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
Owner dependency
93/100
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.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — 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 61. 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 27 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-01-28
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| ACADEMY OF HOMEOPATHY & HOLISTIC THERAPIES-(A.H.H.T). LTD→ 16254076 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| ACCROFAB (ALCESTER) LIMITED→ 11700293 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACCURATE LASER HOLDINGS LIMITED→ 16809164 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCURATE MACHINING SERVICES LTD→ 13063227 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACEHEAD LIMITED→ 01188381 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
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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
Statusdissolved
Typeltd
Incorporated1998-11-26
Jurisdictionengland-wales
Primary SIC24100 — SIC 24100
Registered office
151 Malt Mill Lane
Halesowen
West Midlands
B62 8JA
Filing status
Accounts
Next due: —
Last made up to: 2012-11-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 6 resigned)
Active
ALLEN, Harry Edward→
Activedirector · ~61y · appointed 1999-12-01
View their other companies + combined net worth →
DANCYGER, Betty→
Resignedsecretary · appointed 1998-12-01 · resigned 2000-06-22
GOODWIN, Neil Owen→
Resignedsecretary · appointed 2000-06-01 · resigned 2000-07-31
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 1998-11-26 · resigned 1998-11-26
CLEAL, Arthur→
Resigneddirector · ~61y · appointed 1999-12-01 · resigned 2011-09-12
DANCYGER, Brian→
Resigneddirector · ~83y · appointed 1998-12-01 · resigned 2000-06-22
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 1998-11-26 · resigned 1998-11-26
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 06/08/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2014-01-28
gazette-notice-voluntary
gazette · GAZ1(A)
2013-10-15
dissolution-application-strike-off-company
dissolution · DS01
2013-10-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-02-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-04-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-09-23
termination-director-company-with-name-termination-date
officers · TM01
2011-09-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-06-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-12-15
change-person-director-company-with-change-date
officers · CH01
2009-12-15
change-person-director-company-with-change-date
officers · CH01
2009-12-15
accounts-with-accounts-type-partial-exemption
accounts · AA
2009-07-21