ADTEC SYSTEMS LIMITED
🌳Matureactive
04571117 · ltd · incorporated 2002-10-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£47.1k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £47,060
Cash YoY
+224%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£28k
↑ 224% YoY
Net Worth
£47k
↑ 28% YoY
Current Assets
£138k
↑ 39% 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 | £87.1k | £83.2k |
| Current assets | £137.7k | £99.0k |
| Cash | £27.5k | £8.5k |
| Debtors | £110.1k | £90.5k |
| Net assets | £47.1k | £36.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-07📄resolutionresolution · RESOLUTIONS
- 2025-07-02📄capital-allotment-sharescapital · SH01
- 2024-10-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-08📄capital-name-of-class-of-sharescapital · SH08
- 2024-08-07📄resolutionresolution · RESOLUTIONS
- 2024-08-05📄capital-allotment-sharescapital · SH01
- 2023-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-06➕WRIGHT, Matthew James appointeddirector
- 2021-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-10-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-09-01➖WRIGHT, Tina Michelle resigneddirector
- 2002-10-23🏢Company incorporatedAs ADTEC SYSTEMS LIMITED
- 2002-10-23➕WRIGHT, Paul Alan appointedsecretary
- 2002-10-23➕WRIGHT, Paul Alan appointeddirector
- 2002-10-23➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2002-10-23➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2002-10-23➕WRIGHT, Tina Michelle appointeddirector
- 2002-10-23➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
- 2002-10-23➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
Owner dependency
84/100
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 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +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 — WRIGHT, Matthew James (same surname) appointed 2022-04-06. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew James Wright Individual · British · DOB 04/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2022 |
Mr Paul Alan Wright Individual · British · DOB 06/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
Active · Manufacturing · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AEROAV SERVICES LTD→ 15115098 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLIED PRECISION TOOLING LIMITED→ 08642648 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ANTARCTIC DEVELOPER & PUBLISHER LTD→ 14261864 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AQM LTD→ 17111757 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASGARD YACHTS LIMITED→ 08011720 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ASPECT SOLAR MAINTENANCE LIMITED→ 10115205 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AUSTCORNISH ADVENTURES LIMITED→ 05791556 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BAILEY PROFESSIONAL MANUFACTURE LIMITED→ 17010008 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BAKARE BEDS LIMITED→ 02813000 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BALAENA LTD→ 12030661 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BALCONIES & BALUSTRADES LIMITED→ 07410620 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BALDWIN TECHNOLOGY LIMITED→ 01197368 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
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
Incorporated2002-10-23
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140
Registered office
33 Mary Seacole Road
Plymouth
PL1 3JY
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02
Officers (3 active · 3 resigned)
Active
WRIGHT, Matthew James→
Activedirector · ~32y · appointed 2022-04-06
View their other companies + combined net worth →
WRIGHT, Paul Alan→
Activedirector · ~63y · appointed 2002-10-23
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-10-23 · resigned 2002-10-23
WRIGHT, Tina Michelle→
Resigneddirector · ~62y · appointed 2002-10-23 · resigned 2011-09-01
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-10-23 · resigned 2002-10-23
Click a director name to see their full track record across all companies.
Recent filings (68 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
resolution
resolution · RESOLUTIONS
2025-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
capital-allotment-shares
capital · SH01
2025-07-02
appoint-person-director-company-with-name-date
officers · AP01
2024-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-10
capital-name-of-class-of-shares
capital · SH08
2024-08-08
resolution
resolution · RESOLUTIONS
2024-08-07
capital-allotment-shares
capital · SH01
2024-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-09