ADEPT VEHICLE SOLUTIONS LIMITED

🌳Matureactive
04571612 · ltd · incorporated 2002-10-24
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 2024
Net worth
£255.4k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 77110Renting and leasing of cars and light motor vehicles
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. 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 1.7y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.7 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £255,375

Key financials

1 year extracted from filed iXBRL accounts
Cash
£105k
Net Worth
£255k
Current Assets
£685k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-31
Total assets£3.73M
Current assets£685.3k
Cash£105.3k
Debtors£580.0k
Net assets£255.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 (41 events)Click to expand
  1. 2025-11-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-09-30
    🔒
    Charge registered #3
    Lender: Lloyds Bank Commercial Finance Limited
  5. 2024-09-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-09-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-09-27
    🔒
    Charge registered #2
    Lender: Peac Business Finance Limited
  8. 2024-09-27
    🔒
    Charge registered #1
    Lender: Peac (BF1) Limited
  9. 2024-08-29
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-08-29
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2024-08-27
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  14. 2023-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-03-22
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  16. 2022-11-10
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  17. 2022-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-10-28
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  19. 2021-10-26
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  20. 2021-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2021-10-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2021-10-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2021-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2018-04-30
    ➕
    CUMBO, Carl Giuseppe appointed
    secretary
  25. 2018-04-30
    ➖
    PHILLIPS, Christopher John resigned
    secretary
  26. 2018-04-30
    ➖
    PHILLIPS, Christopher John resigned
    director
  27. 2018-04-18
    ➕
    CUMBO, Carl Giuseppe appointed
    director
  28. 2018-04-18
    ➖
    PHILLIPS, Ian Robert resigned
    director
  29. 2011-02-01
    ➕
    PEDLEY, Mark Vernon appointed
    director
  30. 2008-10-31
    ➖
    CLARKE, Peter John resigned
    director
  31. 2004-12-20
    ➕
    PHILLIPS, Christopher John appointed
    secretary
  32. 2004-12-20
    ➖
    JACKSONS SECRETARIES LIMITED resigned
    corporate-secretary
  33. 2004-01-26
    ➕
    CLARKE, Peter John appointed
    director
  34. 2003-02-14
    ➕
    PHILLIPS, Ian Robert appointed
    director
  35. 2002-10-24
    🏢
    Company incorporated
    As ADEPT VEHICLE SOLUTIONS LIMITED
  36. 2002-10-24
    ➕
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  37. 2002-10-24
    ➖
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  38. 2002-10-24
    ➕
    JACKSONS SECRETARIES LIMITED appointed
    corporate-secretary
  39. 2002-10-24
    ➕
    PHILLIPS, Christopher John appointed
    director
  40. 2002-10-24
    ➕
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director
  41. 2002-10-24
    ➖
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Carl Giuseppe Cumbo
Individual · British · DOB 02/1975 · age 51
25–50%
25–50%25-50% shares · 25-50% voting18/04/2018
Mr Mark Vernon Pedley
Individual · British · DOB 04/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
2 historic (ceased) PSCs
  • Mr Christopher John Phillipsceased 30/04/2018· 25-50% shares · 25-50% voting
  • Mr Ian Robert Phillipsceased 18/04/2018· 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 →

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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
Incorporated2002-10-24
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Kingsley House Rowhurst Industrial Estate
Apedale Road
Newcastle
Staffordshire
ST5 6BH
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24

Officers (3 active · 7 resigned)

CUMBO, Carl Giuseppe→
secretary · appointed 2018-04-30
View their other companies + combined net worth →
Active
CUMBO, Carl Giuseppe→
director · ~51y · appointed 2018-04-18
View their other companies + combined net worth →
Active
PEDLEY, Mark Vernon→
director · ~64y · appointed 2011-02-01
View their other companies + combined net worth →
Active
PHILLIPS, Christopher John→
secretary · appointed 2004-12-20 · resigned 2018-04-30
Resigned
BRIGHTON SECRETARY LTD→
corporate-nominee-secretary · appointed 2002-10-24 · resigned 2002-10-24
Resigned
JACKSONS SECRETARIES LIMITED→
corporate-secretary · appointed 2002-10-24 · resigned 2004-12-20
Resigned
CLARKE, Peter John→
director · ~69y · appointed 2004-01-26 · resigned 2008-10-31
Resigned
PHILLIPS, Christopher John→
director · ~63y · appointed 2002-10-24 · resigned 2018-04-30
Resigned
PHILLIPS, Ian Robert→
director · ~67y · appointed 2003-02-14 · resigned 2018-04-18
Resigned
BRIGHTON DIRECTOR LTD→
corporate-nominee-director · appointed 2002-10-24 · resigned 2002-10-24
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—30/09/2024—
outstanding
Peac Business Finance
Peac Business Finance Limited
A registered charge—27/09/2024—
outstanding
Peac (BF1)
Peac (BF1) Limited
A registered charge—27/09/2024—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2025-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-27
memorandum-articles
incorporation · MA
2024-08-29
resolution
resolution · RESOLUTIONS
2024-08-29
resolution
resolution · RESOLUTIONS
2024-08-29
capital-name-of-class-of-shares
capital · SH08
2024-08-29
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-17
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-03-22