ADRIANIC LIMITED
💤Zombieactive
04588437 · ltd · incorporated 2002-11-12
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 Nov 2025
Net worth
£2.0k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 23.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,039
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↑ 14% YoY
Current Assets
£3k
↑ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £2.0k | £1.8k |
| Current assets | £3.3k | £2.5k |
| Net assets | £2.0k | £1.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2004-10-12➕ZHANG, Su appointedsecretary
- 2004-10-12➖WOOD, Nicholas Berndt resignedsecretary
- 2004-10-12➖WOOD, Nicholas Berndt resigneddirector
- 2003-05-08🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-11-12🏢Company incorporatedAs ADRIANIC LIMITED
- 2002-11-12➕TUCKER, Adrian John, Dr appointeddirector
- 2002-11-12➕WOOD, Nicholas Berndt appointedsecretary
- 2002-11-12➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2002-11-12➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2002-11-12➕WOOD, Nicholas Berndt appointeddirector
- 2002-11-12➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
- 2002-11-12➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-director
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr Adrian John Tucker Individual · British · DOB 08/1973 · age 53 | 75–100% | — | 75-100% shares | 12/11/2016 |
Ms Su Zhang Individual · Chinese · DOB 12/1972 · age 54 | — | — | sig. influencesignificant influence · firm interest | 12/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 21ST CENTURY INVESTMENTS LIMITED→ 05691059 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 4M PORTABLE BUILDINGS HIRE LIMITED→ 03720042 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| 80 VOICES LIMITED→ 13029765 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AARON J POWIS BSC(HONS) FCA CTA LTD→ 12861506 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBERTON MEDIA LIMITED→ 15383112 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACED LIMITED→ 15295212 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACENTRICA LIMITED→ 05331052 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ACHIEVING AMBITION LTD→ 12742000 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACTIVE THINKING CONSULTANCY LTD→ 15084824 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADD FOOD NETWORK LTD→ 11367353 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADV ARCHITECTURE LTD→ 14535659 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE BUILDING DESIGNS LIMITED→ 08886059 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2002-11-12
Jurisdictionengland-wales
Primary SIC72190 — Other research and experimental development on natural sciences and engineering
Registered office
Oakerley Clun Road
Aston-On-Clun
Craven Arms
Shropshire
SY7 8EW
United Kingdom
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12
Officers (2 active · 4 resigned)
Active
TUCKER, Adrian John, Dr→
Activedirector · ~53y · appointed 2002-11-12
View their other companies + combined net worth →
WOOD, Nicholas Berndt→
Resignedsecretary · appointed 2002-11-12 · resigned 2004-10-12
SECRETARIAL APPOINTMENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-11-12 · resigned 2002-11-12
WOOD, Nicholas Berndt→
Resigneddirector · ~56y · appointed 2002-11-12 · resigned 2004-10-12
CORPORATE APPOINTMENTS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-11-12 · resigned 2002-11-12
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 08/05/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-18