ADP CONSTRUCTION LIMITED

💤Zombieactive

04591585 · ltd · incorporated 2002-11-15

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 Mar 2025

Net worth

£5.6k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.4y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 22.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (1 active, 7 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £5,633

Net assets shrinking

Down £1,625 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£6k

↓ 22% YoY

Current Assets

£6k

↓ 65% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£5.6k	£7.6k
Current assets	£5.6k	£16.0k
Net assets	£5.6k	£7.3k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-31
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-01-18
➖
EDMONDS, Rachel Mary resigned
secretary
2011-01-18
➖
EDMONDS, Rachel Mary resigned
director
2005-11-01
➕
EDMONDS, Rachel Mary appointed
director
2005-10-21
➖
PAGETT, Alun David resigned
director
2005-10-21
➖
SLOAN, Patrick resigned
director
2005-04-01
➕
SLOAN, Patrick appointed
director
2004-01-30
🔒
Charge registered #1
Lender: Hsbc Bank Limited
2002-11-15
🏢
Company incorporated
As ADP CONSTRUCTION LIMITED
2002-11-15
➕
PAGETT, Alun David appointed
director
2002-11-15
➕
EDMONDS, Rachel Mary appointed
secretary
2002-11-15
➕
ASHBURTON REGISTRARS LIMITED appointed
corporate-nominee-secretary
2002-11-15
➖
ASHBURTON REGISTRARS LIMITED resigned
corporate-nominee-secretary
2002-11-15
➕
PAGETT, Alun David appointed
director
2002-11-15
➕
AR NOMINEES LIMITED appointed
corporate-nominee-director
2002-11-15
➖
AR NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

93/100

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 24 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
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

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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Alun David Pagett Individual · British · DOB 07/1967 · age 59	75–100%	—	75-100% shares	06/04/2016

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

Similar companies

Active · Construction · DY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A J DECORATING LIMITED→ 10615012 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
A J MOLLAND CONTRACTORS LIMITED→ 07857404 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
A J R ROOFING CONTRACTORS LIMITED→ 05411874 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
A J ROOFING LIMITED→ 03755739 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
A.J.F. ELECTRICAL LIMITED→ 04932474 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
ADAPTIVE LIVING SOLUTIONS LTD→ 15867478 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ADF CONSTRUCTION LIMITED→ 12864632 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ADFLOOR INDUSTRIAL LIMITED→ 03530105 · est 1998 · no financials extracted	—	—	—	—	28y	—	—
ADPH SERVICES (BIRMINGHAM) LIMITED→ 14793498 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ADPH SERVICES LIMITED→ 11862197 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ADVENT MCVALLEY LIMITED→ 13801229 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ADW ELECTRICAL LTD→ 15237530 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2002-11-15

Jurisdictionengland-wales

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

3 Church Street

Kidderminster

Worcestershire

DY10 2AD

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-29

Last: 2025-11-15

Officers (1 active · 6 resigned)

PAGETT, Alun David→

director · ~59y · appointed 2002-11-15

View their other companies + combined net worth →

Active

EDMONDS, Rachel Mary→

secretary · appointed 2002-11-15 · resigned 2011-01-18

Resigned

ASHBURTON REGISTRARS LIMITED→

corporate-nominee-secretary · appointed 2002-11-15 · resigned 2002-11-15

Resigned

EDMONDS, Rachel Mary→

director · ~60y · appointed 2005-11-01 · resigned 2011-01-18

Resigned

PAGETT, Alun David→

director · ~59y · appointed 2002-11-15 · resigned 2005-10-21

Resigned

SLOAN, Patrick→

director · ~57y · appointed 2005-04-01 · resigned 2005-10-21

Resigned

AR NOMINEES LIMITED→

corporate-nominee-director · appointed 2002-11-15 · resigned 2002-11-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc Bank Limited	Debenture	1 property	30/01/2004	—

Click column headers to sort. Use filters above to narrow by status and lender.