ADAM PHILLIPS PLANT HIRE AND CONTRACTORS LIMITED
💤Zombieactive
05427867 · ltd · incorporated 2005-04-18
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
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). 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).
🏦
Refinance opportunity
2 live charges · oldest 10.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | — | £198.4k |
| Current assets | — | £52.7k |
| Cash | — | £30.5k |
| Debtors | — | £22.2k |
| Net assets | — | £122.4k |
| Average employees | 4 | — |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-10-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-02➕ROSE, Lesley Anne appointedsecretary
- 2025-09-01➖PHILLIPS, Tamsin resignedsecretary
- 2025-09-01➖PHILLIPS, Tamsin resigneddirector
- 2025-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-10-21🔒Charge registered #2Lender: Lloyds Bank PLC
- 2015-10-20🔒Charge registered #1Lender: Lloyds Bank PLC
- 2005-04-18🏢Company incorporatedAs ADAM PHILLIPS PLANT HIRE AND CONTRACTORS LIMITED
- 2005-04-18➕PHILLIPS, Adam Christopher appointeddirector
- 2005-04-18➕GRAEME, Dorothy May appointedsecretary
- 2005-04-18➖GRAEME, Dorothy May resignedsecretary
- 2005-04-18➕PHILLIPS, Tamsin appointedsecretary
- 2005-04-18➕GRAEME, Lesley Joyce appointeddirector
- 2005-04-18➖GRAEME, Lesley Joyce resigneddirector
- 2005-04-18➕PHILLIPS, Tamsin appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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 "PHILLIPS" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. 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 21 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: PHILLIPS, Tamsin resigned 2025-09-01; PHILLIPS, Tamsin resigned 2025-09-01
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Christopher Phillips Individual · British · DOB 11/1965 · age 61 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Tamsin Phillipsceased 01/09/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AFFINA MARINE LTD→ 05580986 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ANKOR CORNWALL LIMITED→ 11702334 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARCHWAY PLASTIC BUILDERS LTD→ 16850580 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCOL U.K. LIMITED→ 00503996 · est 1952 · no financials extracted | — | — | — | — | 74y | — | — |
| ARMADA ENGINEERING LIMITED→ 02454710 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| AUDIOBRICKS LIMITED→ 05069397 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AVIATION MAINTENANCE PEOPLE LIMITED→ 04610135 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AXLE FASHION LIMITED→ 08418918 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| B.J. PRESS LIMITED→ 02175467 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| BESPOKE HANDLING EQUIPMENT LIMITED→ 07450943 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BESPOKE SILVER AND GOLD LIMITED→ 11051683 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BG CITY SHOES LIMITED→ 16325799 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2005-04-18
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Tucoyse Manor
Constantine
Falmouth
Cornwall
TR11 5QQ
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03
Officers (2 active · 4 resigned)
Active
PHILLIPS, Adam Christopher→
Activedirector · ~61y · appointed 2005-04-18
View their other companies + combined net worth →
GRAEME, Dorothy May→
Resignedsecretary · appointed 2005-04-18 · resigned 2005-04-18
PHILLIPS, Tamsin→
Resignedsecretary · appointed 2005-04-18 · resigned 2025-09-01
GRAEME, Lesley Joyce→
Resigneddirector · ~73y · appointed 2005-04-18 · resigned 2005-04-18
PHILLIPS, Tamsin→
Resigneddirector · ~56y · appointed 2005-04-18 · resigned 2025-09-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 21/10/2015 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 20/10/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (63 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
appoint-person-secretary-company-with-name-date
officers · AP03
2025-10-03
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-13
change-person-director-company-with-change-date
officers · CH01
2025-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-12