ADELPHI FUNDING LIMITED
🌳Matureactive
04088101 · ltd · incorporated 2000-10-11
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£6.94M
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunityAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 71/100 (strong), bankability 77/100. Same-surname younger director in place — likely family handover, not open to sale. 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 (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 14.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £6,937,726
Cash YoY
+370%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£664k
↑ 370% YoY
Net Worth
£6.9m
~ YoY
Current Assets
£2.6m
↑ 31% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £8.96M | £9.65M |
| Current assets | £2.57M | £1.96M |
| Cash | £663.8k | £141.3k |
| Debtors | £1.90M | £1.81M |
| Net assets | £6.94M | £6.92M |
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
8
filings
- • 3 mortgage
- • 2 persons-with-significant-control
- • 2 capital
Last 180 days
13
filings
- • 5 capital
- • 3 mortgage
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-24🔓Charge satisfied #3
- 2026-04-24🔓Charge satisfied #2
- 2026-04-24🔓Charge satisfied #1
- 2026-04-09📄capital-return-purchase-own-sharescapital · SH03
- 2026-03-27📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-19📄capital-cancellation-sharescapital · SH06
- 2026-02-26📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2026-02-25📄legacycapital · SH20
- 2026-02-25⚠️legacyinsolvency · CAP-SS
- 2026-02-25📄resolutionresolution · RESOLUTIONS
- 2025-12-19📄capital-return-purchase-own-sharescapital · SH03
- 2025-12-08📄capital-cancellation-sharescapital · SH06
- 2025-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-01➕BIDDLE, Thomas Anthony Brabyn appointeddirector
- 2025-09-30➖JESSON, Gary resignedsecretary
- 2025-09-30➖JESSON, Gary resigneddirector
- 2025-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2012-04-16🔒Charge registered #3Lender: Anthony Garry Biddle
- 2012-04-16🔒Charge registered #2Lender: Thomas Anthony Brabyn Biddle
- 2012-04-16🔒Charge registered #1Lender: John Peter Samuel Biddle
- 2012-03-21➕JESSON, Gary appointedsecretary
- 2012-03-21➖ALDBURY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2010-11-19➕JESSON, Gary appointeddirector
- 2002-03-26➕BROWNIN, Veronica Ann appointedsecretary
- 2000-10-11🏢Company incorporatedAs ADELPHI FUNDING LIMITED
- 2000-10-11➕BIDDLE, Anthony Garry appointeddirector
- 2000-10-11➕ALDBURY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2000-10-11➕ALDBURY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2000-10-11➖ALDBURY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — BIDDLE, Thomas Anthony Brabyn (same surname) appointed 2025-10-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 2 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-02-25: legacy
2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: JESSON, Gary resigned 2025-09-30; JESSON, Gary resigned 2025-09-30
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Anthony Brabyn Biddle Individual · British · DOB 03/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2016 |
1 historic (ceased) PSC
- John Biddleceased 11/03/2026· 25-50% shares · 25-50% voting
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A & G STEVENS LIMITED→ 04992050 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A FRANCIS LTD→ 04671036 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A.D. BLY AIRCRAFT LEASING LIMITED→ 04006731 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACADEMY NOW LTD→ 14677106 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACATILIA LTD→ 09118489 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACE OF TREES LTD→ 12550539 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ACS GROUNDWORKS LTD→ 10525017 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACS INVESTMENT (LONDON) LIMITED→ 16571009 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AD PROPERTIES INDIA LIMITED→ 16029522 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADHD CLUB LIMITED→ 15605878 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMINISTRATION (WELLINGBOROUGH) LIMITED→ 00934607 · est 1968 · no financials extracted | — | — | — | — | 57y | — | — |
| ADP ART LTD→ 11824746 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2000-10-11
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
55 Upper Tilehouse Street
Hitchin
Hertfordshire
SG5 2EF
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11
Officers (3 active · 4 resigned)
BROWNIN, Veronica Ann→
Activesecretary · appointed 2002-03-26
View their other companies + combined net worth →
BIDDLE, Anthony Garry→
Activedirector · ~77y · appointed 2000-10-11
View their other companies + combined net worth →
BIDDLE, Thomas Anthony Brabyn→
Activedirector · ~48y · appointed 2025-10-01
View their other companies + combined net worth →
JESSON, Gary→
Resignedsecretary · appointed 2012-03-21 · resigned 2025-09-30
ALDBURY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-10-11 · resigned 2012-03-21
JESSON, Gary→
Resigneddirector · ~64y · appointed 2010-11-19 · resigned 2025-09-30
ALDBURY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2000-10-11 · resigned 2000-10-11
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Anthony Garry Biddle | Debenture | 1 property | 16/04/2012 | 24/04/2026 | |
| satisfied | Thomas Anthony Brabyn Biddle | Debenture | 1 property | 16/04/2012 | 24/04/2026 | |
| satisfied | John Peter Samuel Biddle | Debenture | 1 property | 16/04/2012 | 24/04/2026 |
Recent filings (96 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
capital-return-purchase-own-shares
capital · SH03
2026-04-09
change-person-secretary-company-with-change-date
officers · CH03
2026-03-27
capital-cancellation-shares
capital · SH06
2026-03-19
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-02-26
legacy
capital · SH20
2026-02-25
legacy
insolvency · CAP-SS
2026-02-25
resolution
resolution · RESOLUTIONS
2026-02-25
capital-return-purchase-own-shares
capital · SH03
2025-12-19
capital-cancellation-shares
capital · SH06
2025-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26