ADVENTURE ALTERNATIVE LIMITED
Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 3 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2025-08-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-27📄capital-allotment-sharescapital · SH01
- 2023-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-10📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2023-01-10📄legacycapital · SH20
- 2023-01-10⚠️legacyinsolvency · CAP-SS
- 2023-01-10📄resolutionresolution · RESOLUTIONS
- 2022-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2003-08-13➕MACDONALD, Andrew William appointedsecretary
- 2003-08-13➖SHEANE, Derek John Livingstone resignedsecretary
- 2003-08-13➖SHEANE, Derek John Livingstone resigneddirector
- 2000-12-07🏢Company incorporatedAs ADVENTURE ALTERNATIVE LIMITED
- 2000-12-07➕BATE, Gavin Clifford appointeddirector
- 2000-12-07➕SHEANE, Derek John Livingstone appointedsecretary
- 2000-12-07➕THOMAS, Howard appointednominee-secretary
- 2000-12-07➖THOMAS, Howard resignednominee-secretary
- 2000-12-07➕SHEANE, Derek John Livingstone appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-01-10: legacy
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gavin Clifford Bate Individual · British · DOB 05/1966 · age 60 | 75–100% | — | 75-100% shares | 19/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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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 →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 (2 active · 3 resigned)
Click a director name to see their full track record across all companies.