ADFINA LIMITED
💤Zombieactive
06959990 · ltd · incorporated 2009-07-13
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 Mar 2025
Net worth
£510.9k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other information service activities n.e.c.
Sector: Information & communication
Investor take
PursueAsset-holding vehicle with a 62-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). 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 (78/100)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
2 connected companies via shared directors
51
Filing history
38 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 £510,940
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£511k
↑ 10% YoY
Current Assets
£98k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.06M | £1.05M |
| Current assets | £98.2k | £86.9k |
| Net assets | £510.9k | £462.9k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-10-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-22📄memorandum-articlesincorporation · MA
- 2025-08-21📄resolutionresolution · RESOLUTIONS
- 2024-08-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-07📄capital-allotment-sharescapital · SH01
- 2020-08-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-17📄capital-allotment-sharescapital · SH01
- 2018-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-07📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-05-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-07-13🏢Company incorporatedAs ADFINA LIMITED
- 2009-07-13➕STEELE, Douglas Charles appointedsecretary
- 2009-07-13➕STEELE, Amanda appointeddirector
Owner dependency
98/100
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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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 |
|---|---|---|---|---|
Ms Amanda Steele Individual · United Kingdom · DOB 07/1964 · age 62 | 25–50% | — | 25-50% shares | 16/07/2016 |
Mr Douglas Charles Steele Individual · United Kingdom · DOB 01/1963 · age 63 | 25–50% | — | 25-50% shares | 13/07/2016 |
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
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|---|---|---|---|---|---|---|---|
| 107% LIMITED→ 07814327 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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| A & I IT SOLUTIONS LTD→ 15837751 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCIPITRIS LIMITED→ 08554298 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACE RECORDS LIMITED→ 01568303 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| ACE RECORDS MANAGEMENT LIMITED→ 10390330 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACTION PROJECTS LIMITED→ 03212663 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ACTIVE CABLING LTD→ 16819349 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADATON CONSULTING LIMITED→ 09063300 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADD CONSULTANCY SERVICES LIMITED→ 10782312 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADK CLINICAL DEVELOPMENT CONSULTANCY LTD→ 16998562 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADPRETIO LTD→ 08687538 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2009-07-13
Jurisdictionengland-wales
Primary SIC63990 — Other information service activities n.e.c.
Registered office
104 Chancellors Road
Stevenage
Hertfordshire
SG1 4TZ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13
Officers (2 active · 0 resigned)
STEELE, Douglas Charles→
Activesecretary · appointed 2009-07-13
View their other companies + combined net worth →
STEELE, Amanda→
Activedirector · ~62y · appointed 2009-07-13
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (38 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-08
memorandum-articles
incorporation · MA
2025-08-22
resolution
resolution · RESOLUTIONS
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-21
capital-allotment-shares
capital · SH01
2021-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13