ADEY INNOVATION LIMITED
🌳Matureactive
05001590 · ltd · incorporated 2003-12-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 71121Engineering design activities for industrial process and production
- 71200Technical testing and analysis
- 72190Other research and experimental development on natural sciences and engineering
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 20.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 18 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (76 events)Click to expand
- 2025-07-02📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-04📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-01➕PULLEN, Timothy Neil appointeddirector
- 2023-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-30➖JAMES, Paul Anthony resigneddirector
- 2023-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-08-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-23🔓Charge satisfied #8
- 2022-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-13🔓Charge satisfied #6
- 2022-03-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-28➕VORIH, Joseph Michael appointeddirector
- 2022-02-28➖PAYNE, Martin Keith resigneddirector
- 2022-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-10🔒Charge registered #8Lender: Lloyds Bank PLC (As Security Agent)
- 2021-12-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-08🔓Charge satisfied #7
- 2021-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-10➕VERSLUYS, Emma Gayle appointedsecretary
- 2021-02-10➖BROWN, Dean resigneddirector
- 2021-02-10➕JAMES, Paul Anthony appointeddirector
- 2021-02-10➕PAYNE, Martin Keith appointeddirector
- 2021-02-10➖WEBBER, Matthew William David resigneddirector
- 2020-04-15➖VAUGHAN, John David resigneddirector
- 2019-10-23➕VAUGHAN, John David appointeddirector
- 2019-10-23➕WEBBER, Matthew William David appointeddirector
- 2019-10-16➖DAVIES, Edward Arthur resigneddirector
- 2018-05-14🔒Charge registered #7Lender: Glas Trust Corporation Limited
- 2016-06-06➖ADEY, Andrea Nicola resignedsecretary
- 2016-06-06➖ADEY, Andrea Nicola resigneddirector
- 2016-06-06➖ADEY, Christopher John resigneddirector
- 2016-06-06➕BROWN, Dean appointeddirector
- 2016-06-06➕DAVIES, Edward Arthur appointeddirector
- 2016-06-06🔒Charge registered #6Lender: Glas Trust Corporation Limited
- 2016-05-18🔓Charge satisfied #5
- 2013-10-07➖DAVIES, Edward Arthur resigneddirector
- 2013-10-07➖HOWARD, Rebekah Louise resigneddirector
- 2013-10-07➖MEAD, Haimish Mccoll resigneddirector
- 2013-10-07➖STEVENS, Kelvin Eugene resigneddirector
- 2013-10-07➖STRUDLEY, Paul resigneddirector
Showing most recent 50 of 76 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Adey Holdings (2008) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adey Holdings (2008) Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADEY INNOVATION LIMITED
This company · 05001590
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Adey Holdings (2008) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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 · Wholesale & distribution · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3P ENTERPRISE LIMITED→ 06074449 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ABBEY CEREALS LIMITED→ 07169066 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ABBEY METAL RECYCLING LIMITED→ 07247228 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABBOTT & COMPANY (WESSEX) LIMITED→ 00363475 · est 1940 · no financials extracted | — | — | — | — | 85y | — | — |
| ABSOLUTELY PERSONAL LTD→ 15400846 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADGLOW LIMITED→ 00579219 · est 1957 · no financials extracted | — | — | — | — | 69y | — | — |
| ADM PALLETS LIMITED→ 04746010 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADSETT TRADING CO LTD→ 03188392 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ADTECH BUSINESS SYSTEMS LIMITED→ 01318623 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| ADVANCED GRINDING SUPPLIES LTD→ 05976793 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADVANTAGE EQUIPMENT LTD→ 07511272 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AERIALS CABLE EQUIPMENT DISTRIBUTORS LIMITED→ 01710588 · est 1983 · no financials extracted | — | — | — | — | 43y | — | — |
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
Incorporated2003-12-22
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740
Registered office
Unit 2 Indurent Park Gloucester
Haresfield
Stonehouse
GL10 3EZ
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03
Officers (3 active · 18 resigned)
VERSLUYS, Emma Gayle→
Activesecretary · appointed 2021-02-10
View their other companies + combined net worth →
PULLEN, Timothy Neil→
Activedirector · ~49y · appointed 2023-11-01
View their other companies + combined net worth →
VORIH, Joseph Michael→
Activedirector · ~59y · appointed 2022-02-28
View their other companies + combined net worth →
ADEY, Andrea Nicola→
Resignedsecretary · appointed 2003-12-22 · resigned 2016-06-06
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-12-22 · resigned 2003-12-22
ADEY, Andrea Nicola→
Resigneddirector · ~64y · appointed 2007-11-01 · resigned 2016-06-06
ADEY, Christopher John→
Resigneddirector · ~60y · appointed 2003-12-22 · resigned 2016-06-06
BARNES, Stewart→
Resigneddirector · ~60y · appointed 2009-11-20 · resigned 2012-03-20
BROWN, Dean→
Resigneddirector · ~61y · appointed 2016-06-06 · resigned 2021-02-10
DAVIES, Edward Arthur→
Resigneddirector · ~56y · appointed 2016-06-06 · resigned 2019-10-16
DAVIES, Edward Arthur→
Resigneddirector · ~56y · appointed 2010-12-14 · resigned 2013-10-07
HOWARD, Rebekah Louise→
Resigneddirector · ~47y · appointed 2010-01-27 · resigned 2013-10-07
JAMES, Paul Anthony→
Resigneddirector · ~59y · appointed 2021-02-10 · resigned 2023-09-30
MEAD, Haimish Mccoll→
Resigneddirector · ~66y · appointed 2010-01-27 · resigned 2013-10-07
PAYNE, Martin Keith→
Resigneddirector · ~61y · appointed 2021-02-10 · resigned 2022-02-28
SADLER, Philip→
Resigneddirector · ~67y · appointed 2010-01-27 · resigned 2011-04-04
STEVENS, Kelvin Eugene→
Resigneddirector · ~71y · appointed 2011-09-01 · resigned 2013-10-07
STRUDLEY, Paul→
Resigneddirector · ~72y · appointed 2012-04-01 · resigned 2013-10-07
VAUGHAN, John David→
Resigneddirector · ~60y · appointed 2019-10-23 · resigned 2020-04-15
WEBBER, Matthew William David→
Resigneddirector · ~47y · appointed 2019-10-23 · resigned 2021-02-10
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC (As Security Agent) | A registered charge | 1 property | 10/12/2021 | 23/08/2022 | |
| satisfied | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 14/05/2018 | 08/12/2021 | |
| satisfied | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 06/06/2016 | 13/07/2022 | |
| satisfied | Adey Holdings (2008) Adey Holdings (2008) Limited | A registered charge | 1 property | 10/06/2013 | 18/05/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 16/02/2007 | 03/05/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 05/01/2007 | 03/05/2012 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal mortgage | 1 property | 09/02/2006 | 03/05/2012 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Debenture | 1 property | 06/01/2006 | 03/05/2012 |
Recent filings (119 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
accounts-with-accounts-type-full
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-21
accounts-with-accounts-type-full
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
appoint-person-director-company-with-name-date
officers · AP01
2023-11-02
accounts-with-accounts-type-full
accounts · AA
2023-10-10
termination-director-company-with-name-termination-date
officers · TM01
2023-10-03
accounts-with-accounts-type-full
accounts · AA
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-10-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-13
termination-director-company-with-name-termination-date
officers · TM01
2022-03-01