ADAGE CREDIT
💤Zombieactive
07306766 · private-limited-guarant-nsc-limited-exemption · incorporated 2010-07-07
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 Jul 2025
Net worth
£209.4k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other information service activities n.e.c.
Sector: Information & communication
ALSO REGISTERED FOR
- 64921Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- 64999Financial intermediation not elsewhere classified
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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, 3 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
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
42 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 £209,388
Net assets shrinking
Down £5,390 YoY
Cash YoY
+3463%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£69k
↑ 3463% YoY
Net Worth
£209k
↓ 2.5% YoY
Current Assets
£257k
↑ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £209.4k | £214.8k |
| Current assets | £256.9k | £169.8k |
| Cash | £68.9k | £1.9k |
| Debtors | £188.1k | £167.9k |
| Net assets | £209.4k | £214.8k |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-07-06📄gazette-notice-compulsorygazette · GAZ1
- 2021-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-01➕MANDA, Iris Sanda appointedsecretary
- 2016-03-31➖BORA, Olivier, Mr. resignedsecretary
- 2012-10-26➖NOEL, Samuel Thomas resignedsecretary
- 2012-06-17➖BADIBENGI, Muladi resignedsecretary
- 2011-07-08➕BORA, Olivier, Mr. appointedsecretary
- 2010-07-07🏢Company incorporatedAs ADAGE CREDIT
- 2010-07-07➕MELA, Solomon Makululu appointeddirector
- 2010-07-07➕BADIBENGI, Muladi appointedsecretary
- 2010-07-07➕NOEL, Samuel Thomas appointedsecretary
Owner dependency
93/100
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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
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 58. 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 16 years.
- secondaryStable-but-static management: Company is 16 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Solomon Makululu Mela Individual · British · DOB 06/1968 · age 58 | — | — | board controlsig. influenceboard control · significant influence · firm interest | 07/07/2016 |
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
Active · Technology · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABLE SKILLS LIMITED→ 05492477 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABTED LIMITED→ 05863325 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ABX CONSULTING LIMITED→ 16159845 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE CLOUD CONSULTANCY LTD→ 14008430 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACEOCTA LIMITED→ 16687119 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACERILL LTD→ 10217316 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACG DIGITAL DESIGN LTD→ 12793611 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAM HATCH LTD→ 14163273 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADAPTIVE SCOPE LIMITED→ 10866139 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADARA CONSULTING LIMITED→ 08905225 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ADE OMOLE CONSULTING LIMITED→ 14756371 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEPT DATA SERVICES LTD→ 13683172 · 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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2010-07-07
Jurisdictionengland-wales
Primary SIC63990 — Other information service activities n.e.c.
Registered office
79 Riverside Road
Sidcup
DA14 4PT
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-12-21
Last: 2025-12-07
Officers (2 active · 3 resigned)
Active
MELA, Solomon Makululu→
Activedirector · ~58y · appointed 2010-07-07
View their other companies + combined net worth →
BADIBENGI, Muladi→
Resignedsecretary · appointed 2010-07-07 · resigned 2012-06-17
BORA, Olivier, Mr.→
Resignedsecretary · appointed 2011-07-08 · resigned 2016-03-31
NOEL, Samuel Thomas→
Resignedsecretary · appointed 2010-07-07 · resigned 2012-10-26
Click a director name to see their full track record across all companies.
Recent filings (42 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
change-person-director-company-with-change-date
officers · CH01
2025-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
gazette-filings-brought-up-to-date
gazette · DISS40
2021-07-07
gazette-notice-compulsory
gazette · GAZ1
2021-07-06