ADVANCED NDT LIMITED
💤Zombieactive
05957975 · ltd · incorporated 2006-10-05
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 Oct 2024
Net worth
£125.2k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 64-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). 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).
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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £125,228
Cash YoY
-16%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£97k
↓ 16% YoY
Net Worth
£125k
↑ 12% YoY
Current Assets
£146k
↓ 5.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £125.5k | £112.1k |
| Current assets | £146.4k | £155.0k |
| Cash | £96.6k | £114.8k |
| Debtors | £26.4k | £17.1k |
| Net assets | £125.2k | £111.6k |
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
3
filings
- • 2 officers
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 2 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-01📄capital-return-purchase-own-sharescapital · SH03
- 2022-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-28➖MCLAUGHLIN, Keith resigneddirector
- 2021-07-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-02📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2006-10-05🏢Company incorporatedAs ADVANCED NDT LIMITED
- 2006-10-05➕MULLINS, Tracey Caroline appointedsecretary
- 2006-10-05➕MULLINS, Tracey Caroline appointeddirector
- 2006-10-05➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2006-10-05➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2006-10-05➕MCLAUGHLIN, Keith appointeddirector
- 2006-10-05➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
- 2006-10-05➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-director
Owner dependency
93/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 20 years.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Tracey Caroline Mullins Individual · British · DOB 08/1962 · age 64 | 75–100% | — | 75-100% shares | 05/10/2016 |
1 historic (ceased) PSC
- Mr Keith Mclaughlinceased 25/07/2022· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CHOICE BLINDS DIRECT LIMITED→ 13250226 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 3B PACKAGING SERVICES LTD→ 14662136 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 5 STAR RECYCLING LTD→ 13545873 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A & A.K. BUTTERWORTH LIMITED→ 04027838 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| A S GREEN PRODUCE LIMITED→ 11411556 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABSTRACT SOURCING AND TRADING LIMITED→ 06677911 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AC SANDERS LIMITED→ 16939687 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADSOLVE LTD→ 12509619 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AEY DISTRIBUTION LIMITED→ 16775359 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGAR STONE LTD→ 13537514 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALBION MOTION COMPANY LIMITED→ 12767193 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALCOHOL BY VOLUME LIMITED→ 04641664 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2006-10-05
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products
Registered office
Unit 4 Elgar Business Centre
Moseley Road, Hallow
Worcester
Worcestershire
WR2 6NJ
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05
Officers (2 active · 3 resigned)
MULLINS, Tracey Caroline→
Activesecretary · appointed 2006-10-05
View their other companies + combined net worth →
MULLINS, Tracey Caroline→
Activedirector · ~64y · appointed 2006-10-05
View their other companies + combined net worth →
SECRETARIAL APPOINTMENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-10-05 · resigned 2006-10-05
MCLAUGHLIN, Keith→
Resigneddirector · ~79y · appointed 2006-10-05 · resigned 2022-02-28
CORPORATE APPOINTMENTS LIMITED→
Resignedcorporate-nominee-director · appointed 2006-10-05 · resigned 2006-10-05
Click a director name to see their full track record across all companies.
Recent filings (58 total)
change-person-director-company-with-change-date
officers · CH01
2026-03-11
change-person-secretary-company-with-change-date
officers · CH03
2026-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-26
capital-return-purchase-own-shares
capital · SH03
2022-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-27
termination-director-company-with-name-termination-date
officers · TM01
2022-03-11