A J HADWIN LIMITED

💤Zombieactive
04741816 · ltd · incorporated 2003-04-23
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 Apr 2025
Net worth
£-2.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). 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: share sale to pe / searcher (73/100).

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, 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
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,449

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£2k
↑ 49% YoY
Current Assets
—
Current Liabilities
—
-£5k-£4k-£4k-£3k-£3k-£2kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£9.6k£17.9k
Debtors—£4.3k
Net assets£-2.4k£-4.8k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-01-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-04-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-01-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-01-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-01-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-01-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2018-03-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2018-03-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2018-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2016-11-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-03-10
    ➖
    HADWIN, Joyce resigned
    secretary
  15. 2016-03-10
    ➖
    HADWIN, Joyce resigned
    director
  16. 2016-03-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2016-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2003-04-23
    🏢
    Company incorporated
    As A J HADWIN LIMITED
  19. 2003-04-23
    ➕
    HADWIN, Alistair James appointed
    director
  20. 2003-04-23
    ➕
    HADWIN, Joyce appointed
    secretary
  21. 2003-04-23
    ➕
    HORNBY, Paul appointed
    secretary
  22. 2003-04-23
    ➖
    HORNBY, Paul resigned
    secretary
  23. 2003-04-23
    ➕
    HADWIN, Joyce appointed
    director
  24. 2003-04-23
    ➕
    HORNBY, John Fleet appointed
    director
  25. 2003-04-23
    ➖
    HORNBY, John Fleet resigned
    director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "HADWIN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — 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 60. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 Alistair James Hadwin
Individual · British · DOB 01/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Joyce Hadwin
Individual · British · DOB 08/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2003-04-23
Jurisdictionengland-wales
Primary SIC43320 — Joinery installation

Registered office

The Steading
Row End Waberthwaite
Millom
Cumbria
LA19 5YJ

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23

Officers (1 active · 4 resigned)

HADWIN, Alistair James→
director · ~60y · appointed 2003-04-23
View their other companies + combined net worth →
Active
HADWIN, Joyce→
secretary · appointed 2003-04-23 · resigned 2016-03-10
Resigned
HORNBY, Paul→
secretary · appointed 2003-04-23 · resigned 2003-04-23
Resigned
HADWIN, Joyce→
director · ~58y · appointed 2003-04-23 · resigned 2016-03-10
Resigned
HORNBY, John Fleet→
director · ~81y · appointed 2003-04-23 · resigned 2003-04-23
Resigned

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

Recent filings (61 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-23