ADC ELECTRICAL LIMITED
💤Zombieactive
07353942 · ltd · incorporated 2010-08-23
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 Oct 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). 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).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 15.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 2400 | 2400 |
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
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-06🔓Charge satisfied #1
- 2025-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-22📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-04-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-02-17🔒Charge registered #3Lender: Lloyds Bank PLC
- 2016-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-01-29🔒Charge registered #2Lender: Lloyds Bank PLC
- 2010-11-15🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2010-08-23🏢Company incorporatedAs ADC ELECTRICAL LIMITED
- 2010-08-23➕CARRICK, Christopher appointeddirector
Owner dependency
98/100
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 64 — approaching natural succession window.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Christopher Carrick Individual · British · DOB 06/1962 · age 64 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 07/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A JONES AIRCRAFT MAINTENANCE SERVICES LTD→ 14424442 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A.& J.SCOTT LIMITED→ 01087941 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| AAF LIMITED→ 00875806 · est 1966 · no financials extracted | — | — | — | — | 60y | — | — |
| ACT UK GROUP (FIFE) LIMITED→ 14076624 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADESSH GLOBAL REFRIGERATION AND AIR-CONDITIONING LTD→ 16609128 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADM AUTOMATION LIMITED→ 01446781 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| ADM PRESSINGS LIMITED→ 06775062 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADRIAN SANDER FURNITURE LIMITED→ 04703631 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ADVANCED AUTOMOTIVE SYSTEMS LIMITED→ 04692613 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ADVANCED COMPOSITES ENGINEERING LIMITED→ 12973819 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED GROUP SERVICES LTD→ 01642374 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ADVANCED LIGHTING TECHNOLOGY (U.K.) LIMITED→ 07717378 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2010-08-23
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140
Registered office
Burtree Works Brindley Road
Hertburn Industrial Estate
Washington
Tyne And Wear
NE37 2SF
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29
Officers (1 active · 0 resigned)
CARRICK, Christopher→
Activedirector · ~64y · appointed 2010-08-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 17/02/2016 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 29/01/2016 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 15/11/2010 | 06/02/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
change-sail-address-company-with-old-address-new-address
address · AD02
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-05-04