ADDA PLUMBING AND GAS SERVICES LTD

💤Zombieactive
05322427 · ltd · incorporated 2004-12-30
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 Dec 2024
Net worth
£1.7k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
  • 43390Other building completion and finishing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

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, 2 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
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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
Positive net assets
Net assets £1,731

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
Current Assets
£2k
Current Liabilities
£0£346£692£1k£1k£2kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.7k
Current assets£1.6k
Net assets£1.7k
Average employees100

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

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 (27 events)Click to expand
  1. 2025-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-05-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  14. 2016-05-19
    DUZGUNOGLU, Ahmet appointed
    director
  15. 2016-05-19
    UNSAL, Dilek resigned
    director
  16. 2016-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2011-03-17
    UNSAL, Muharrem resigned
    secretary
  19. 2007-02-01
    UNSAL, Ilhan resigned
    secretary
  20. 2007-02-01
    UNSAL, Muharrem appointed
    secretary
  21. 2005-01-07
    UNSAL, Ilhan appointed
    secretary
  22. 2005-01-07
    UNSAL, Dilek appointed
    director
  23. 2004-12-30
    🏢
    Company incorporated
    As ADDA PLUMBING AND GAS SERVICES LTD
  24. 2004-12-30
    UK COMPANY SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2004-12-30
    UK COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  26. 2004-12-30
    UK INCORPORATIONS LIMITED appointed
    corporate-director
  27. 2004-12-30
    UK INCORPORATIONS LIMITED resigned
    corporate-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ahmet Duzgunoglu
Individual · Turkish · DOB 11/1979 · age 47
sig. influencesignificant influence01/12/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2004-12-30
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

4 Grasscroft
Furzton
Milton Keynes
MK4 1AS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (1 active · 5 resigned)

DUZGUNOGLU, Ahmet
director · ~47y · appointed 2016-05-19
View their other companies + combined net worth →
Active
UNSAL, Ilhan
secretary · appointed 2005-01-07 · resigned 2007-02-01
Resigned
UNSAL, Muharrem
secretary · appointed 2007-02-01 · resigned 2011-03-17
Resigned
UK COMPANY SECRETARIES LIMITED
corporate-secretary · appointed 2004-12-30 · resigned 2004-12-30
Resigned
UNSAL, Dilek
director · ~46y · appointed 2005-01-07 · resigned 2016-05-19
Resigned
UK INCORPORATIONS LIMITED
corporate-director · appointed 2004-12-30 · resigned 2004-12-30
Resigned

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

Recent filings (67 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-12