ADDLESTONE ELECTRICAL WHOLESALERS LIMITED
💤Zombieactive
07317480 · ltd · incorporated 2010-07-16
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 Jun 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Retail sale of electrical household appliances in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (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 (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 11.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
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 · accounting standard unknown| Metric | 2025-06-29 | 2024-06-29 |
|---|---|---|
| Average employees | 1800 | 2500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-10-02➕CONNER, Peter Michael appointedsecretary
- 2023-09-20➖BISSIX, Mark Richard resignedsecretary
- 2023-09-20➖BISSIX, Shaun Graham resignedsecretary
- 2023-09-20➖BISSIX, Scott Dean resigneddirector
- 2023-09-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-09-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-07-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-21📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-10-05📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-07🔒Charge registered #3Lender: Barclays Security Trustee Limited
- 2016-06-03🔓Charge satisfied #1
- 2016-01-29🔒Charge registered #2Lender: Hsbc Bank PLC
- 2014-12-02🔒Charge registered #1Lender: Hsbc Invoice Finance (UK) LTD
- 2014-09-16➕BISSIX, Mark Richard appointedsecretary
- 2014-09-16➕BISSIX, Shaun Graham appointedsecretary
- 2010-07-16🏢Company incorporatedAs ADDLESTONE ELECTRICAL WHOLESALERS LIMITED
- 2010-07-16➕BISSIX, Sam Thomas appointeddirector
- 2010-07-16➕BISSIX, Scott Dean 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 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
58/100
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 16 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.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sam Thomas Bissix Individual · British · DOB 05/1985 · age 41 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
1 historic (ceased) PSC
- Scott Dean Bissixceased 20/09/2023· 25-50% shares · 25-50% voting
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 · Retail · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A K UNITED UK LTD→ 13415392 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADAPT RETAIL LIMITED→ 16900203 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADD TO BUGGY LIMITED→ 16460513 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADMOVEO LIMITED→ 15771611 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADRUK LIMITED→ 12136539 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AE CONVENIENCE LTD→ 14233727 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AESME LTD→ 10095334 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AFFINITYAV LTD→ 16182070 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFORDABLE FACILITIES LIMITED→ 07433905 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AFTER BEEF LIMITED→ 16029786 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AG EXCHANGE LTD→ 15611344 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AG MILITARY LIMITED→ 15599863 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2010-07-16
Jurisdictionengland-wales
Primary SIC47540 — Retail sale of electrical household appliances in specialised stores
Registered office
6 Wintersells Road
Byfleet
West Byfleet
KT14 7LF
England
Filing status
Accounts
Next due: 2027-03-29
Last made up to: 2025-06-29
Confirmation statement
Next due: 2026-07-30
Last: 2025-07-16
Officers (2 active · 3 resigned)
CONNER, Peter Michael→
Activesecretary · appointed 2023-10-02
View their other companies + combined net worth →
BISSIX, Sam Thomas→
Activedirector · ~41y · appointed 2010-07-16
View their other companies + combined net worth →
BISSIX, Mark Richard→
Resignedsecretary · appointed 2014-09-16 · resigned 2023-09-20
BISSIX, Shaun Graham→
Resignedsecretary · appointed 2014-09-16 · resigned 2023-09-20
BISSIX, Scott Dean→
Resigneddirector · ~38y · appointed 2010-07-16 · resigned 2023-09-20
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 07/05/2019 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 29/01/2016 | — | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 02/12/2014 | 03/06/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-05
change-person-director-company-with-change-date
officers · CH01
2024-03-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-22
appoint-person-secretary-company-with-name-date
officers · AP03
2023-10-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-20
termination-director-company-with-name-termination-date
officers · TM01
2023-09-20
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-20
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-16
change-person-director-company-with-change-date
officers · CH01
2023-04-17