ADSM TRUSTEES LIMITED
🌳Matureactive
07048607 · ltd · incorporated 2009-10-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 14.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
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 (29 events)Click to expand
- 2025-08-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-07-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-18➖MCCART, Ross resigneddirector
- 2025-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-27📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-08-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-07➖STEVENS, Gareth John resigneddirector
- 2024-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-01➕MCCART, Ross appointeddirector
- 2024-06-01➕MCCART, Ross appointeddirector
- 2023-07-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-11-30🔒Charge registered #2Lender: Hsbc Bank PLC
- 2011-11-04🔒Charge registered #1Lender: Hsbc Bank PLC
- 2009-10-19🏢Company incorporatedAs ADSM TRUSTEES LIMITED
- 2009-10-19➕MCCART, Patrick appointeddirector
- 2009-10-19➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-secretary
- 2009-10-19➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-secretary
- 2009-10-19➕COWDRY, John Jeremy Arthur appointeddirector
- 2009-10-19➖COWDRY, John Jeremy Arthur resigneddirector
- 2009-10-19➕STEVENS, Gareth John appointeddirector
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
29/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MCCART, Ross (same surname) appointed 2024-06-01. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- 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.)
Group structure
Water Forensics Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Water Forensics Limited
Corporate parent · holds 75-100% shares
⬇
ADSM TRUSTEES LIMITED
This company · 07048607
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Water Forensics Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/03/2024 |
1 historic (ceased) PSC
- Advanced Demand Side Management Limitedceased 29/03/2024· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Other · SL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACTIVE ELECTRICAL LIMITED→ 06405057 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ACTIVE SECURITY & FIRE LIMITED→ 06141709 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ACTIVE SECURITY AND LOCKSMITHS LIMITED→ 05750909 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ACTIVE SECURITY LTD→ 05525202 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ADAMS AND ADAMS PROPERTY LIMITED→ 16724551 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED RETIREMENT LIVING LIMITED→ 09039800 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AERIAL FILM AND PHOTO LIMITED→ 15645144 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AEROPTIMO LTD→ 11939511 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AESTHETICS REFINED LIMITED→ 10679801 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AGAN PROPERTIES LIMITED→ 16162290 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGGREG&TE CONSULTANCY LTD→ 13770943 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AHV PROPERTY LLP→ OC456499 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-10-19
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Commerical House 80, High Street
Eton
Windsor
Berkshire
SL4 6AF
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19
Officers (2 active · 4 resigned)
MCCART, Patrick→
Activedirector · ~68y · appointed 2009-10-19
View their other companies + combined net worth →
MCCART, Ross→
Activedirector · ~32y · appointed 2024-06-01
View their other companies + combined net worth →
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2009-10-19 · resigned 2009-10-19
COWDRY, John Jeremy Arthur→
Resigneddirector · ~82y · appointed 2009-10-19 · resigned 2009-10-19
MCCART, Ross→
Resigneddirector · ~32y · appointed 2024-06-01 · resigned 2025-07-18
STEVENS, Gareth John→
Resigneddirector · ~48y · appointed 2009-10-19 · resigned 2024-06-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 30/11/2011 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 04/11/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-25
termination-director-company-with-name-termination-date
officers · TM01
2025-07-25
accounts-with-accounts-type-dormant
accounts · AA
2025-06-27
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-dormant
accounts · AA
2024-08-02
termination-director-company-with-name-termination-date
officers · TM01
2024-06-07
appoint-person-director-company-with-name-date
officers · AP01
2024-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-10
accounts-with-accounts-type-dormant
accounts · AA
2023-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-dormant
accounts · AA
2022-04-08