ADTRAN EUROPE LIMITED
🌳Matureactive
05320461 · ltd · incorporated 2004-12-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
£90.06M
year to Dec 2023
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 61900Other telecommunications activities
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 69/100 (strong), bankability 47/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 20.0y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
19 officers (4 active, 19 linked, 14 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £2,899,624
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Turnover | £90.06M |
| Gross profit | £9.81M |
| Operating profit | £2.70M |
| Profit before tax | £2.90M |
| Average employees | 4000 |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
5
filings
- • 4 officers
- • 1 confirmation-statement
Last 180 days
5
filings
- • 4 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2026-04-23📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2026-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-01➕SANTO, Timothy Philip appointeddirector
- 2025-08-01➖DOPFER, Ulrich resigneddirector
- 2025-04-07📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-10📄memorandum-articlesincorporation · MA
- 2024-04-10📄resolutionresolution · RESOLUTIONS
- 2024-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-04🔒Charge registered #3Lender: Wells Fargo Bank, National Association as Administrative Agent and Security Trustee for the Secured Parties
- 2024-02-29📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-11➖CENTIS, Ron resigneddirector
- 2023-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-16➕BROOME, Stuart Michael appointeddirector
- 2023-10-16➕WILSDORF, Gunnar Thorsten appointeddirector
- 2023-10-16➕DOPFER, Ulrich appointeddirector
- 2023-10-16➖FOLIANO, Michael Kevin resigneddirector
- 2023-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-24📄accounts-with-accounts-type-smallaccounts · AA
- 2019-06-06➕CENTIS, Ron appointeddirector
- 2019-06-05➖SHANNON, Roger Dale resigneddirector
- 2019-03-19➕FOLIANO, Michael Kevin appointeddirector
- 2018-01-09➖SCHANSMAN, Raymond Richard resigneddirector
- 2016-04-27➖FOLIANO, Michael Kevin resigneddirector
- 2016-04-27➕SHANNON, Roger Dale appointeddirector
- 2015-10-13🔓Charge satisfied #2
- 2015-10-13🔓Charge satisfied #1
- 2015-03-16➖MATTHEWS, James Edward resignedsecretary
- 2015-03-16➖MATTHEWS, James Edward resigneddirector
- 2015-03-03➕FOLIANO, Michael Kevin appointeddirector
- 2008-12-05➖AREY, Paris George resigneddirector
- 2008-07-14➖MANUELE, Giuseppe resignedsecretary
- 2008-07-14➕MATTHEWS, James Edward appointedsecretary
- 2007-07-05➖BERTRAM, Peter Michael resignedsecretary
- 2007-06-27🔒Charge registered #2Lender: Goodhall Barnard Properties Limited
- 2007-06-05➕MANUELE, Giuseppe appointedsecretary
- 2007-06-05➕SCHANSMAN, Raymond Richard appointeddirector
- 2007-02-12➖WINDHAM, Danny Jefferson resigneddirector
- 2007-01-05➖WILLIAMS, Edward Benjamin Holman resigneddirector
- 2006-08-25➖BERTRAM, Peter Michael resigneddirector
- 2006-08-15➕WILLIAMS, Edward Benjamin Holman appointeddirector
- 2006-04-28🔒Charge registered #1Lender: Redstone Communications Limited
Showing most recent 50 of 59 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Group structure
Adtran Inc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adtran Inc
Corporate parent · holds 75-100% shares · board control
⬇
ADTRAN EUROPE LIMITED
This company · 05320461
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 |
|---|---|---|---|---|
Adtran Inc 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.
Similar companies
Active · Wholesale & distribution · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 8AV LTD→ 12105568 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A. MENARINI DIAGNOSTICS LIMITED→ 02120375 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| ABT NEWS LIMITED→ 14773621 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACHILLEUS DE CRUZ LIMITED→ 01359978 · est 1978 · no financials extracted | — | — | — | — | 48y | — | — |
| ADAMS HAUS LIMITED→ 17094746 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADOREPOWER LIMITED→ 01213876 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| AIRPLAY AIRCRAFT LTD→ 10897723 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALBOVI GROUP LTD→ 15398633 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALDWORTH DEVELOPMENTS LIMITED→ 11192759 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALEGRI TRADE LTD.→ 11094984 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALFA CHEMICALS LIMITED→ 01254437 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
| ALGOVET LTD→ 13357820 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2004-12-23
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520
Registered office
1st Floor Rosewood Chineham Business Park
Crockford Lane
Basingstoke
RG24 8UT
England
Filing status
Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (4 active · 15 resigned)
BLANDY SERVICES LIMITED→
Activecorporate-secretary · appointed 2004-12-23
View their other companies + combined net worth →
BROOME, Stuart Michael→
Activedirector · ~54y · appointed 2023-10-16
View their other companies + combined net worth →
SANTO, Timothy Philip→
Activedirector · ~50y · appointed 2025-08-01
View their other companies + combined net worth →
WILSDORF, Gunnar Thorsten→
Activedirector · ~58y · appointed 2023-10-16
View their other companies + combined net worth →
BERTRAM, Peter Michael→
Resignedsecretary · appointed 2006-03-17 · resigned 2007-07-05
MANUELE, Giuseppe→
Resignedsecretary · appointed 2007-06-05 · resigned 2008-07-14
MATTHEWS, James Edward→
Resignedsecretary · appointed 2008-07-14 · resigned 2015-03-16
AREY, Paris George→
Resigneddirector · ~69y · appointed 2006-03-17 · resigned 2008-12-05
BERTRAM, Peter Michael→
Resigneddirector · ~72y · appointed 2006-03-17 · resigned 2006-08-25
CENTIS, Ron→
Resigneddirector · ~64y · appointed 2019-06-06 · resigned 2023-12-11
DOPFER, Ulrich→
Resigneddirector · ~58y · appointed 2023-10-16 · resigned 2025-08-01
FOLIANO, Michael Kevin→
Resigneddirector · ~66y · appointed 2019-03-19 · resigned 2023-10-16
FOLIANO, Michael Kevin→
Resigneddirector · ~66y · appointed 2015-03-03 · resigned 2016-04-27
MATTHEWS, James Edward→
Resigneddirector · ~70y · appointed 2006-03-17 · resigned 2015-03-16
SCHANSMAN, Raymond Richard→
Resigneddirector · ~70y · appointed 2007-06-05 · resigned 2018-01-09
SHANNON, Roger Dale→
Resigneddirector · ~61y · appointed 2016-04-27 · resigned 2019-06-05
WILLIAMS, Edward Benjamin Holman→
Resigneddirector · ~66y · appointed 2006-08-15 · resigned 2007-01-05
WINDHAM, Danny Jefferson→
Resigneddirector · ~67y · appointed 2006-03-17 · resigned 2007-02-12
BLANDY NOMINEES LIMITED→
Resignedcorporate-director · appointed 2004-12-23 · resigned 2006-03-17
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wells Fargo Bank, National Association as Administrative Agent and Security Trustee for the Secured Parties | A registered charge | 1 property | 04/04/2024 | — | |
| satisfied | Goodhall Barnard Properties Goodhall Barnard Properties Limited | Rent security deposit deed | 1 property | 27/06/2007 | 13/10/2015 | |
| satisfied | Redstone Communications Redstone Communications Limited | Rent deposit deed | 1 property | 28/04/2006 | 13/10/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-04-23
change-person-director-company-with-change-date
officers · CH01
2026-04-10
change-person-director-company-with-change-date
officers · CH01
2026-04-10
change-person-director-company-with-change-date
officers · CH01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-08-14
appoint-person-director-company-with-name-date
officers · AP01
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
accounts-with-accounts-type-full
accounts · AA
2025-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
memorandum-articles
incorporation · MA
2024-04-10
resolution
resolution · RESOLUTIONS
2024-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-05
accounts-with-accounts-type-full
accounts · AA
2024-02-29
termination-director-company-with-name-termination-date
officers · TM01
2024-02-15