ADELAIDE CLINIC LIMITED
🌳Matureactive
07188781 · ltd · incorporated 2010-03-15
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 8.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 3 mortgage
Last 180 days
4
filings
- • 3 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-02📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2026-03-02📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2026-03-02📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2025-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-12🔒Charge registered #5Lender: Ares Management Limited (As Security Agent for the Beneficiaries)
- 2023-02-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-06-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-12📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-28📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2020-05-28📄legacyaccounts · PARENT_ACC
- 2020-04-09📄legacyother · GUARANTEE2
- 2020-04-09📄legacyother · AGREEMENT2
- 2019-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-12🔒Charge registered #4Lender: Ares Management Limited (As Security Agent for the Beneficiaries)
- 2018-12-05🔓Charge satisfied #2
- 2018-12-05🔓Charge satisfied #1
- 2018-11-28🔒Charge registered #3Lender: Ares Management Limited (As Security Agent for the Beneficiaries)
- 2018-04-06🔒Charge registered #2Lender: Ares Management Limited (In Its Capacity as Security Agent for the Beneficiaries)
- 2018-03-12🔒Charge registered #1Lender: Ares Management Limited (In Its Capacity as Security Agent and Trustee for the Beneficiaries)
- 2017-12-01➕MALONE, Joanna Clare appointeddirector
- 2017-12-01➕STANWORTH, Mark appointeddirector
- 2017-12-01➖FOGDEN, Martin Paul resigneddirector
- 2015-07-03➖COGHLAN, David Michael resigneddirector
- 2010-03-15🏢Company incorporatedAs ADELAIDE CLINIC LIMITED
- 2010-03-15➕COGHLAN, David Michael appointeddirector
- 2010-03-15➕FOGDEN, Martin Paul appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Vetpartners Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vetpartners Limited
Corporate parent · holds 75-100% shares
⬇
ADELAIDE CLINIC LIMITED
This company · 07188781
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 |
|---|---|---|---|---|
Vetpartners Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/12/2017 |
5 historic (ceased) PSCs
- Ares Management Limitedceased 29/11/2018· board control
- Ares Management Uk Limitedceased 29/11/2018· board control
- August Equity Llpceased 06/04/2018· board control
- Jacquie Fogdenceased 08/01/2018· 25-50% shares
- Martin Paul Fogdenceased 08/01/2018· 25-50% shares
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 · Other · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 TWO YORK LIMITED→ 16021782 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2020 INSIGHTS LLP→ OC301527 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 38 BERRYMEDE RTM LIMITED→ 06847519 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 55H MODELS LTD→ 02298590 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| A & G AMUSEMENTS (HOLDINGS)→ 03848695 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ABSOLUTE TRUTH LIMITED→ 15409717 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM COLLIER FUNERAL SERVICES LTD→ 08963750 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ADSB CONSULTING LIMITED→ 12257751 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVENT SEARCH PARTNERS LLP→ OC397467 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AEGIS FIRE SERVICES LTD→ 15257803 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AEROSTAR TECHNOLOGIES LIMITED→ 16188034 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFORDABLE CHOICES LIMITED→ 04399052 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
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
Incorporated2010-03-15
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Spitfire House
Aviator Court
York
YO30 4UZ
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13
Officers (2 active · 2 resigned)
MALONE, Joanna Clare→
Activedirector · ~52y · appointed 2017-12-01
View their other companies + combined net worth →
STANWORTH, Mark→
Activedirector · ~62y · appointed 2017-12-01
View their other companies + combined net worth →
COGHLAN, David Michael→
Resigneddirector · ~72y · appointed 2010-03-15 · resigned 2015-07-03
FOGDEN, Martin Paul→
Resigneddirector · ~63y · appointed 2010-03-15 · resigned 2017-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ares Management (As Security Agent for the Beneficiaries) Ares Management Limited (As Security Agent for the Beneficiaries) | A registered charge | 1 property | 12/10/2023 | — | |
| outstanding | Ares Management (As Security Agent for the Beneficiaries) Ares Management Limited (As Security Agent for the Beneficiaries) | A registered charge | 1 property | 12/09/2019 | — | |
| outstanding | Ares Management (As Security Agent for the Beneficiaries) Ares Management Limited (As Security Agent for the Beneficiaries) | A registered charge | 1 property | 28/11/2018 | — | |
| satisfied | Ares Management (In Its Capacity as Security Agent for the Beneficiaries) Ares Management Limited (In Its Capacity as Security Agent for the Beneficiaries) | A registered charge | 1 property | 06/04/2018 | 05/12/2018 | |
| satisfied | Ares Management (In Its Capacity as Security Agent and Trustee for the Beneficiaries) Ares Management Limited (In Its Capacity as Security Agent and Trustee for the Beneficiaries) | A registered charge | 1 property | 12/03/2018 | 05/12/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (85 total)
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2026-03-02
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2026-03-02
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2026-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-dormant
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-dormant
accounts · AA
2024-10-02
accounts-with-accounts-type-dormant
accounts · AA
2024-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-19
accounts-with-accounts-type-dormant
accounts · AA
2023-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-13
accounts-with-accounts-type-dormant
accounts · AA
2022-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-dormant
accounts · AA
2021-07-11