ADXBA LIMITED

💤Zombieactive
06539674 · ltd · incorporated 2008-03-19
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
£297.2k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 40). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 13.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
77 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
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £297,204
Cash YoY
+1%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£557k
~ YoY
Net Worth
£297k
↑ 21% YoY
Current Assets
£1.7m
↑ 6.0% YoY
Current Liabilities
£0£336k£672k£1.0m£1.3m£1.7mDec 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£744.5k£705.3k
Current assets£1.68M£1.58M
Cash£556.7k£552.4k
Debtors£1.12M£924.7k
Net assets£297.2k£245.1k

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
5
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-01-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-05-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-03-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-03-11
    🔒
    Charge registered #5
    Lender: Growth Lending 2021 Limited
  15. 2022-03-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-03-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2022-03-10
    🔓
    Charge satisfied #4
  18. 2022-03-10
    🔓
    Charge satisfied #3
  19. 2022-03-08
    DIXON, Timothy Richard resigned
    director
  20. 2021-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-01-23
    CLAXTON, Anthony Kenneth resigned
    director
  24. 2018-08-24
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  25. 2018-07-31
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  26. 2018-06-13
    🔓
    Charge satisfied #2
  27. 2016-04-19
    🔒
    Charge registered #2
    Lender: Catalyst Business Finance LTD
  28. 2016-04-18
    CLAXTON, Anthony Kenneth appointed
    director
  29. 2016-03-24
    BRENNAN, Michael Anthony resigned
    director
  30. 2016-03-24
    WALKER, Andrew Kenneth resigned
    director
  31. 2015-07-02
    🔓
    Charge satisfied #1
  32. 2014-02-07
    BRENNAN, Michael Anthony appointed
    director
  33. 2014-02-07
    WALKER, Andrew Kenneth appointed
    director
  34. 2012-12-20
    🔒
    Charge registered #1
    Lender: Bibby Financial Services LTD (As Security Trustee)
  35. 2010-01-04
    HOWARD, Daryl Jon resigned
    director
  36. 2009-12-01
    KERR, James Alexander appointed
    secretary
  37. 2009-08-15
    WILSON, Kate Mary resigned
    secretary
  38. 2009-01-29
    DIXON, Timothy Richard appointed
    director
  39. 2008-03-19
    🏢
    Company incorporated
    As ADXBA LIMITED
  40. 2008-03-19
    KERR, James Alexander appointed
    director
  41. 2008-03-19
    WILSON, Kate Mary appointed
    secretary
  42. 2008-03-19
    HOWARD, Daryl Jon appointed
    director

Owner dependency

85/100
Critical — business is the founder

The 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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Adxba Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Adxba Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
ADXBA LIMITED
This company · 06539674

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Adxba Group Limited
Corporate entity
75100%
75-100% shares08/03/2022
2 historic (ceased) PSCs
  • Mr James Alexander Kerrceased 08/03/2022· 50-75% shares · 50-75% voting
  • Mr Timothy Richard Dixonceased 08/03/2022· 25-50% shares · 25-50% voting

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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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
Incorporated2008-03-19
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

The Works
Clarence Street
Stalybridge
Cheshire
SK15 1ST
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27

Officers (2 active · 6 resigned)

KERR, James Alexander
secretary · appointed 2009-12-01
View their other companies + combined net worth →
Active
KERR, James Alexander
director · ~40y · appointed 2008-03-19
View their other companies + combined net worth →
Active
WILSON, Kate Mary
secretary · appointed 2008-03-19 · resigned 2009-08-15
Resigned
BRENNAN, Michael Anthony
director · ~60y · appointed 2014-02-07 · resigned 2016-03-24
Resigned
CLAXTON, Anthony Kenneth
director · ~54y · appointed 2016-04-18 · resigned 2019-01-23
Resigned
DIXON, Timothy Richard
director · ~54y · appointed 2009-01-29 · resigned 2022-03-08
Resigned
HOWARD, Daryl Jon
director · ~40y · appointed 2008-03-19 · resigned 2010-01-04
Resigned
WALKER, Andrew Kenneth
director · ~65y · appointed 2014-02-07 · resigned 2016-03-24
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Growth Lending 2021
Growth Lending 2021 Limited
A registered charge9 properties11/03/2022
satisfied
Santander
Santander UK PLC
A registered charge24/08/201810/03/2022
satisfied
Santander
Santander UK PLC
A registered charge31/07/201810/03/2022
satisfied
Catalyst Business Finance
Catalyst Business Finance LTD
A registered charge19/04/201613/06/2018
satisfied
Bibby Financial Services
Bibby Financial Services LTD (As Security Trustee)
Debenture1 property20/12/201202/07/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-27
termination-director-company-with-name-termination-date
officers · TM01
2026-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-22
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31