ADAPT-IT LIMITED

🌳Matureactive
04270540 · ltd · incorporated 2001-08-15
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
£1.9k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,932

Key financials

1 year extracted from filed iXBRL accounts
Cash
£3k
Net Worth
£2k
Current Assets
£44k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£1.9k
Current assets£44.3k
Cash£3.3k
Debtors£41.1k
Net assets£1.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-07-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2025-07-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2024-12-04
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2024-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-08-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-07-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2024-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-08-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-08-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-11-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2021-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2021-08-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  21. 2021-07-12
    ➕
    O'GORMAN, Jane Louisa appointed
    director
  22. 2021-07-12
    ➕
    O'GORMAN, Simon Lee appointed
    director
  23. 2021-07-12
    ➖
    SLYPER, Deborah Pamela resigned
    secretary
  24. 2021-07-12
    ➖
    SLYPER, Martyn Joseph resigned
    director
  25. 2001-08-15
    🏢
    Company incorporated
    As ADAPT-IT LIMITED
  26. 2001-08-15
    ➕
    SLYPER, Deborah Pamela appointed
    secretary
  27. 2001-08-15
    ➕
    ONLINE CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  28. 2001-08-15
    ➖
    ONLINE CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  29. 2001-08-15
    ➕
    SLYPER, Martyn Joseph appointed
    director
  30. 2001-08-15
    ➕
    ONLINE NOMINEES LIMITED appointed
    corporate-director
  31. 2001-08-15
    ➖
    ONLINE NOMINEES LIMITED resigned
    corporate-director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Trac Defence Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Trac Defence Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ADAPT-IT LIMITED
This company · 04270540

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
Trac Defence Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control13/07/2021
3 historic (ceased) PSCs
  • Mrs Jane Louisa O'Gormanceased 13/07/2021· 25-50% shares · 25-50% voting · board control · trust interest · firm interest
  • Mr Simon Lee O'Gormanceased 13/07/2021· 25-50% shares · 25-50% voting · board control · trust interest · firm interest
  • Mr Martyn Joseph Slyperceased 12/07/2021· 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

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 →
🔒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
Incorporated2001-08-15
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

Office 4 Oakfield Close
Basepoint Business Centre
Tewkesbury
Gloucestershire
GL20 8SD
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (2 active · 4 resigned)

O'GORMAN, Jane Louisa→
director · ~49y · appointed 2021-07-12
View their other companies + combined net worth →
Active
O'GORMAN, Simon Lee→
director · ~52y · appointed 2021-07-12
View their other companies + combined net worth →
Active
SLYPER, Deborah Pamela→
secretary · appointed 2001-08-15 · resigned 2021-07-12
Resigned
ONLINE CORPORATE SECRETARIES LIMITED→
corporate-secretary · appointed 2001-08-15 · resigned 2001-08-15
Resigned
SLYPER, Martyn Joseph→
director · ~76y · appointed 2001-08-15 · resigned 2021-07-12
Resigned
ONLINE NOMINEES LIMITED→
corporate-director · appointed 2001-08-15 · resigned 2001-08-15
Resigned

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

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
change-person-director-company-with-change-date
officers · CH01
2025-07-31
change-person-director-company-with-change-date
officers · CH01
2025-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-31
change-person-director-company-with-change-date
officers · CH01
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2025-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-07
change-account-reference-date-company-current-shortened
accounts · AA01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-26