ADTEC EUROPE LIMITED
- · Oldest live charge 25.5y old — refinance window within 12 months
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. 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: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 25.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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 · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 200 | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (45 events)Click to expand
- 2025-06-27➖MCGOVERN, Mary resigneddirector
- 2025-06-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-25➖FUJII, Shuitsu resigneddirector
- 2025-06-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-10➕MORISHITA, Hidenori appointeddirector
- 2025-06-10➕SAKATANI, Kazuhiro appointeddirector
- 2025-06-10➕YOSHINO, Kazuto appointeddirector
- 2025-03-04📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-13📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-16📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2022-08-25📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-21📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2021-11-02📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-12📄accounts-with-accounts-type-smallaccounts · AA
- 2020-02-12📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2019-05-01📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2018-09-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-09-20➖FIELDFISHER SECRETARIES LIMITED resignedcorporate-secretary
- 2018-05-29📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2015-11-30➖HAYNES, Simon Laurence resignedsecretary
- 2015-11-30➕FIELDFISHER SECRETARIES LIMITED appointedcorporate-secretary
- 2014-09-01➕TAKAHARA, Toshihiro appointeddirector
- 2014-09-01➖SHIMADA, Shintarou resigneddirector
- 2014-02-28➖HORITA, Nobuyuki resigneddirector
- 2013-08-24🔓Charge satisfied #4
- 2013-08-24🔓Charge satisfied #3
- 2013-08-24🔓Charge satisfied #1
- 2013-08-01➖KATO, Teruo resignedsecretary
- 2011-10-31➖NOONAN, Stephen George resigneddirector
- 2008-08-28➕NOONAN, Stephen George appointeddirector
- 2008-08-06🔒Charge registered #4Lender: Robert Charles Puddle
- 2008-08-06🔒Charge registered #3Lender: Robert Charles Puddle
- 2005-02-07🔒Charge registered #2Lender: Hsbc Bank PLC
- 2000-11-20➕FUJII, Shuitsu appointeddirector
- 2000-11-20➕HORITA, Nobuyuki appointeddirector
- 2000-11-20➕SHIMADA, Shintarou appointeddirector
- 2000-11-10🔒Charge registered #1Lender: Robert Charles Puddle
- 2000-08-09🏢Company incorporatedAs ADTEC EUROPE LIMITED
- 2000-08-09➕HAYNES, Simon Laurence appointedsecretary
- 2000-08-09➕KATO, Teruo appointedsecretary
- 2000-08-09➕MCGOVERN, Mary appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: FUJII, Shuitsu resigned 2025-06-25; MCGOVERN, Mary resigned 2025-06-27
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Adtec Plasma Technology Corporation Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Adtec Plasma Technology Corporation Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · TW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G (U.K) ENTERPRISES LIMITED→ 07773025 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABCOT U.K. LIMITED→ 03397480 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ACE LABS LTD→ 11562613 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACTICOM MARKETING LTD.→ 02904220 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| AEI CORPORATION LIMITED→ 11998293 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AERIAL SPEED ICONS LIMITED→ 12080168 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AFNCO UK LTD→ 14059040 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AFRO CONNECT LTD→ 16639972 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFTON UK LIMITED→ 02087457 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| AGROX LIMITED→ 16657487 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHMANAH LTD→ 15298125 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIDEN FOX LTD→ 11880890 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
6 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 (4 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Robert Charles Puddle | Rent deposit deed | 1 property | 06/08/2008 | 24/08/2013 | |
| satisfied | Robert Charles Puddle | Rent deposit deed | 1 property | 06/08/2008 | 24/08/2013 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 07/02/2005 | — | |
| satisfied | Robert Charles Puddle | Rent deposit deed | 1 property | 10/11/2000 | 24/08/2013 |