ADEPT NETWORKS LTD

💤Zombieactive
05043135 · ltd · incorporated 2004-02-13
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 Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 46660
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). 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 (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Average employees200200

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

🔒Filing-note intelligence

1 signal 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 (26 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-11
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  9. 2021-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-09-02
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2021-08-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-08-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-07-30
    ➖
    BATSON, Trevor John resigned
    director
  14. 2021-01-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-01-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2019-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2004-02-16
    ➕
    SMART, Roy Peter appointed
    secretary
  20. 2004-02-16
    ➕
    STRADLING, Peter David appointed
    director
  21. 2004-02-16
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  22. 2004-02-16
    ➕
    BATSON, Trevor John appointed
    director
  23. 2004-02-16
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  24. 2004-02-13
    🏢
    Company incorporated
    As ADEPT NETWORKS LTD
  25. 2004-02-13
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  26. 2004-02-13
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    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 22 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 Peter David Stradling
Individual · English · DOB 03/1967 · age 59
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Trudy Clare Stradling
Individual · English · DOB 06/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Trevor John Batsonceased 30/07/2021· significant influence

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

Similar companies

Active · Wholesale & distribution · SN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
6M FAM LTD→
13930021 · est 2022 · no financials extracted
————4y——
A & E ELECTRICAL WHOLESALERS LIMITED→
14493881 · est 2022 · no financials extracted
————3y——
A&O CLOTHING LTD→
15100512 · est 2023 · no financials extracted
————2y——
ACTIVE PLUMBING SUPPLIES (CAM) LTD→
15671683 · est 2024 · no financials extracted
————1y——
ACTIVE PLUMBING SUPPLIES (FARINGDON) LIMITED→
08543269 · est 2013 · no financials extracted
————12y——
ACTIVE PLUMBING SUPPLIES (TEWKESBURY) LIMITED→
15246039 · est 2023 · no financials extracted
————2y——
ACTIVE PLUMBING SUPPLIES (WELLINGTON) LTD→
15471296 · est 2024 · no financials extracted
————2y——
ACTIVE PLUMBING SUPPLIES (WITNEY) LIMITED→
12773970 · est 2020 · no financials extracted
————5y——
ADJ TRADING LIMITED→
11325131 · est 2018 · no financials extracted
————7y——
AGRIPLANT SALES AND LEASING LTD→
16507513 · est 2025 · no financials extracted
———————
ALACHEY TRADING LTD→
17053564 · est 2026 · no financials extracted
———————
ALANS COTSWOLD KRAYS LIMITED→
16660582 · est 2025 · no financials extracted
———————
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
Incorporated2004-02-13
Jurisdictionengland-wales
Primary SIC46660 — SIC 46660

Registered office

2 Ash
Kembrey Park
Swindon
Wiltshire
SN2 8UN
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18

Officers (2 active · 3 resigned)

SMART, Roy Peter→
secretary · appointed 2004-02-16
View their other companies + combined net worth →
Active
STRADLING, Peter David→
director · ~59y · appointed 2004-02-16
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2004-02-13 · resigned 2004-02-16
Resigned
BATSON, Trevor John→
director · ~72y · appointed 2004-02-16 · resigned 2021-07-30
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2004-02-13 · resigned 2004-02-16
Resigned

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

Recent filings (69 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-11
change-sail-address-company-with-old-address-new-address
address · AD02
2022-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-27
capital-cancellation-shares
capital · SH06
2021-09-02