ADW AIR CONDITIONING LIMITED
💤Zombieactive
05699795 · ltd · incorporated 2006-02-06
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 May 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (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, 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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | — | £35.0k |
| Current assets | — | £108.5k |
| Cash | — | £87.2k |
| Debtors | — | £21.4k |
| Net assets | — | £34.7k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-02-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-18📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2006-02-06🏢Company incorporatedAs ADW AIR CONDITIONING LIMITED
- 2006-02-06➕WHITEWOOD, Carol Ann appointedsecretary
- 2006-02-06➕WHITEWOOD, Andrew David appointeddirector
Owner dependency
90/100
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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Carol Ann Whitewood Individual · British · DOB 04/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Andrew David Whitewood Individual · British · DOB 10/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% 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 · Construction · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A HANDYMAN LIMITED→ 11349973 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A I E INDUSTRIAL ENGINEERING LIMITED→ 11342998 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADJUSTIT LIMITED→ 16912213 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED ENGINEERING SUPPORT SERVICES LTD→ 05210724 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANCED FACILITIES MANAGEMENT LTD→ 15704970 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED TECH LIMITED→ 07787985 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADVANCED THERMAL SERVICES LTD→ 15218136 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED TILING LIMITED→ 09771592 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED TRANSPORT LTD→ 13661312 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AEGIS 2024 LTD→ 15262147 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AEL CARPENTRY LTD→ 09239083 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AEM CONTRACTS LTD→ 07446020 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2006-02-06
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (2 active · 0 resigned)
WHITEWOOD, Carol Ann→
Activesecretary · appointed 2006-02-06
View their other companies + combined net worth →
WHITEWOOD, Andrew David→
Activedirector · ~54y · appointed 2006-02-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (47 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-13
change-person-director-company-with-change-date
officers · CH01
2021-03-18
change-person-secretary-company-with-change-date
officers · CH03
2021-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-10