ADVENTURE BASE LIMITED
💤Zombieactive
06556200 · ltd · incorporated 2008-04-05
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 Apr 2025
Net worth
£129.5k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (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 (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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 £129,539
Cash YoY
+31%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.6m
↑ 31% YoY
Net Worth
£130k
↑ 141% YoY
Current Assets
£1.9m
↑ 31% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £161.6k | £91.5k |
| Current assets | £1.90M | £1.45M |
| Cash | £1.61M | £1.23M |
| Debtors | £291.3k | £218.9k |
| Net assets | £129.5k | £53.7k |
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
3
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 address
Last 180 days
3
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-04-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-14📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-04📄resolutionresolution · RESOLUTIONS
- 2025-02-04📄memorandum-articlesincorporation · MA
- 2025-02-04📄statement-of-companys-objectschange-of-constitution · CC04
- 2024-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-12📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-12📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-22📄resolutionresolution · RESOLUTIONS
- 2023-08-17📄capital-allotment-sharescapital · SH01
- 2023-01-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-28📄capital-allotment-sharescapital · SH01
- 2021-07-01➖EGGLESTON, Andrew Keith resigneddirector
- 2020-05-01➖COOK, Rhiannon resigneddirector
- 2019-05-09➕KRARUP, Charles Michael appointeddirector
- 2019-05-09➖COCOZZA, Joseph Richard resigneddirector
- 2016-12-01➕COOK, Rhiannon appointeddirector
- 2016-11-14➕COCOZZA, Joseph Richard appointeddirector
- 2008-04-05🏢Company incorporatedAs ADVENTURE BASE LIMITED
- 2008-04-05➕L & A SECRETARIAL LIMITED appointedcorporate-secretary
- 2008-04-05➖L & A SECRETARIAL LIMITED resignedcorporate-secretary
- 2008-04-05➕EGGLESTON, Andrew Keith appointeddirector
- 2008-04-05➕L & A REGISTRARS LIMITED appointedcorporate-director
- 2008-04-05➖L & A REGISTRARS LIMITED resignedcorporate-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple 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.
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Charles Michael Krarup Individual · British · DOB 01/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/04/2022 |
4 historic (ceased) PSCs
- Mr Charles Michael Krarupceased 06/08/2020· 25-50% shares · 25-50% voting
- Bradgate Ventures Ltdceased 26/04/2022· 50-75% shares · 50-75% voting · board control
- The Bradgate Group Ltdceased 31/03/2020· 75-100% shares · 75-100% voting · board control
- Mr Andrew Keith Egglestonceased 06/04/2016· 75-100% shares · 75-100% voting · board control · firm interest
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 →Similar companies
Active · Leisure & entertainment · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ATHURST DIGITAL LTD→ 14825668 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATTITUDE FESTIVAL LTD→ 14309090 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AUTHORS CAFE LIMITED→ 12925225 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AUTOGRAFIX LIMITED→ 03002201 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| AXE VALE NETBALL COMMUNITY CIC→ 16022629 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AXMINSTER CARNIVAL LIMITED→ 13696049 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AXMINSTER GYMNASTICS CLUB LIMITED→ 11109198 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AXMINSTER HERITAGE LIMITED→ 05365585 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| B! HEALTH AND FITNESS LTD→ 09041514 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BABY PANDA THEATRE LIMITED→ 16569966 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BABY SQUIDS DEVON LTD→ 13806203 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BANG BANG BOXING CLUB C.I.C.→ 15216903 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2008-04-05
Jurisdictionengland-wales
Primary SIC79120 — Tour operator activities
Registered office
Adventure Base, Unit 16 Chivenor Business Park
Braunton
Barnstaple
Devon
EX31 4AY
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01
Officers (1 active · 5 resigned)
KRARUP, Charles Michael→
Activedirector · ~39y · appointed 2019-05-09
View their other companies + combined net worth →
L & A SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2008-04-05 · resigned 2008-04-05
COCOZZA, Joseph Richard→
Resigneddirector · ~49y · appointed 2016-11-14 · resigned 2019-05-09
COOK, Rhiannon→
Resigneddirector · ~45y · appointed 2016-12-01 · resigned 2020-05-01
EGGLESTON, Andrew Keith→
Resigneddirector · ~46y · appointed 2008-04-05 · resigned 2021-07-01
L & A REGISTRARS LIMITED→
Resignedcorporate-director · appointed 2008-04-05 · resigned 2008-04-05
Click a director name to see their full track record across all companies.
Recent filings (83 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-15
change-person-director-company-with-change-date
officers · CH01
2026-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-11
change-person-director-company-with-change-date
officers · CH01
2025-06-11
resolution
resolution · RESOLUTIONS
2025-02-04
memorandum-articles
incorporation · MA
2025-02-04
statement-of-companys-objects
change-of-constitution · CC04
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-13
change-person-director-company-with-change-date
officers · CH01
2024-07-12
change-person-director-company-with-change-date
officers · CH01
2024-07-12