ADIAN HEATING & BATHROOMS LTD
💤Zombieactive
07019922 · ltd · incorporated 2009-09-15
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 2026
Net worth
£13.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (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: Cash flow review and working-capital discipline. Cash down -51% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £13,069
Net assets shrinking
Down £5,239 YoY
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£35k
↓ 51% YoY
Net Worth
£13k
↓ 29% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Cash | £35.2k | £72.6k |
| Net assets | £13.1k | £18.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
7
filings
- • 3 capital
- • 2 resolution
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-06-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-03📄resolutionresolution · RESOLUTIONS
- 2026-03-03📄resolutionresolution · RESOLUTIONS
- 2026-02-28📄capital-cancellation-sharescapital · SH06
- 2026-02-26📄capital-cancellation-sharescapital · SH06
- 2026-02-26📄capital-return-purchase-own-sharescapital · SH03
- 2026-01-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖BAKER, Ian resigneddirector
- 2025-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-15📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2009-09-15🏢Company incorporatedAs ADIAN HEATING & BATHROOMS LTD
- 2009-09-15➕HOWARD, Adam appointeddirector
- 2009-09-15➕BAKER, Ian appointeddirector
Owner dependency
85/100
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.
Succession & seller-readiness
68/100
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.
- 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.)
Similar companies
Active · Construction · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A GOLDEN PLUMBING SERVICE LTD→ 07828509 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A J M WINDOWS S.W LTD→ 07441193 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACLAND PLANT HIRE LIMITED→ 05351534 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ACOMMO2023 LTD→ 14722090 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACONA LTD→ 10363939 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACORN BUILDING MAINTENANCE LTD→ 14349977 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACR PLASTERING SW LTD→ 16936194 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACW KITCHENS AND CONSTRUCTION LIMITED→ 16514911 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAMORE LIMITED→ 13882235 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADAMS ELECTRICS LTD→ 08818957 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADAMS GAS HEATING LIMITED→ 06870083 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ADP SW LIMITED→ 13403911 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2009-09-15
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Sigma House Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF
United Kingdom
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (1 active · 1 resigned)
HOWARD, Adam→
Activedirector · ~45y · appointed 2009-09-15
View their other companies + combined net worth →
BAKER, Ian→
Resigneddirector · ~63y · appointed 2009-09-15 · resigned 2025-12-31
Click a director name to see their full track record across all companies.
Recent filings (46 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-03
resolution
resolution · RESOLUTIONS
2026-03-03
resolution
resolution · RESOLUTIONS
2026-03-03
capital-cancellation-shares
capital · SH06
2026-02-28
capital-cancellation-shares
capital · SH06
2026-02-26
capital-return-purchase-own-shares
capital · SH03
2026-02-26
termination-director-company-with-name-termination-date
officers · TM01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11