ADECS (NORFOLK) LIMITED

💤Zombieactive
04537113 · ltd · incorporated 2002-09-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Average employees300300

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 (23 events)Click to expand
  1. 2025-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-09-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2017-04-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-07-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2016-07-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2016-07-20
    DAY, Ruth resigned
    secretary
  14. 2016-07-20
    DAY, Albert resigned
    director
  15. 2016-02-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-10-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-06-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2008-04-06
    PRICE, Scott Raymond John appointed
    director
  19. 2002-09-17
    🏢
    Company incorporated
    As ADECS (NORFOLK) LIMITED
  20. 2002-09-17
    DAY, Ruth appointed
    secretary
  21. 2002-09-17
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  22. 2002-09-17
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  23. 2002-09-17
    DAY, Albert appointed
    director

Owner dependency

85/100
Critical — business is the founder

The 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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 24 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Scott Raymond John Price
Individual · British · DOB 09/1974 · age 52
5075%
50-75% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Joan Vivienne Priceceased 03/09/2017· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2002-09-17
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

Deo Volante Crown Road
Buxton
Norwich
NR10 5EH

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (1 active · 3 resigned)

PRICE, Scott Raymond John
director · ~52y · appointed 2008-04-06
View their other companies + combined net worth →
Active
DAY, Ruth
secretary · appointed 2002-09-17 · resigned 2016-07-20
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2002-09-17 · resigned 2002-09-17
Resigned
DAY, Albert
director · ~76y · appointed 2002-09-17 · resigned 2016-07-20
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-01