ADIGE RADIATORS LIMITED

🌳Matureactive
05714907 · ltd · incorporated 2006-02-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£46.0k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (78/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
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 £45,975

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£46k
↑ 237% YoY
Current Assets
£74k
↓ 17% YoY
Current Liabilities
£0£18k£36k£54k£71k£89kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£46.0k£13.6k
Current assets£74.4k£89.2k
Net assets£46.0k£13.6k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-11-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-11-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-11-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-05-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-04-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-01-05
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2020-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-12-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-12-02
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  20. 2006-02-20
    🏢
    Company incorporated
    As ADIGE RADIATORS LIMITED
  21. 2006-02-20
    BESLENEY, Zeynel Abidin appointed
    secretary
  22. 2006-02-20
    BESLENEY, Zeynel Abidin appointed
    director
  23. 2006-02-20
    OZER, Volkan appointed
    director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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 Volkan Ozer
Individual · British · DOB 02/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/02/2017
Mr Zeynel Abidin Besleney
Individual · British · DOB 07/1975 · age 51
2550%
25-50% shares20/02/2017

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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16684644 · est 2025 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2006-02-20
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740

Registered office

42 York Street
Twickenham
TW1 3BW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (3 active · 0 resigned)

BESLENEY, Zeynel Abidin
secretary · appointed 2006-02-20
View their other companies + combined net worth →
Active
BESLENEY, Zeynel Abidin
director · ~51y · appointed 2006-02-20
View their other companies + combined net worth →
Active
OZER, Volkan
director · ~50y · appointed 2006-02-20
View their other companies + combined net worth →
Active

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

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
change-person-director-company-with-change-date
officers · CH01
2023-11-06
change-person-director-company-with-change-date
officers · CH01
2023-11-06
change-person-secretary-company-with-change-date
officers · CH03
2023-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-23