A. D. (SOUTHERN) LIMITED

🌳Matureactive

07354554 · ltd · incorporated 2010-08-24

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

—

year to Aug 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Joinery installation

Sector: Construction

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. 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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

38 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-08-31	2024-08-31
Average employees	600	500

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-20
📄
capital-name-of-class-of-shares
capital · SH08
2015-10-26
📄
capital-allotment-shares
capital · SH01
2015-10-26
📄
capital-allotment-shares
capital · SH01
2015-10-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-24
🏢
Company incorporated
As A. D. (SOUTHERN) LIMITED
2010-08-24
➕
BUNKER, David James appointed
director
2010-08-24
➕
ELDRIDGE, Adam Nathan appointed
director

Owner dependency

88/100

Critical — business is the founder

The 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 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. 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 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr David James Bunker Individual · British · DOB 12/1957 · age 69	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	06/04/2016
Mr Adam Nathan Eldridge Individual · British · DOB 09/1980 · age 46	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · SO postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & D MORRISON BUILDERS LTD→ 11547387 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
A & D PLUMBING AND HEATING (HAMPSHIRE) LIMITED→ 14008460 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
A.D.PROPERTIES LIMITED→ 00576787 · est 1957 · no financials extracted	—	—	—	—	69y	—	—
ACKNOWLEDGE SOLUTIONS LIMITED→ 05794779 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ACOUFELT LTD→ 13372344 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ACTIVE ROOF REPAIRS LTD→ 16175052 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ACTIVE ROOFING AND CLADDING LTD→ 16176079 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADAM COLLIER ELECTRICAL LIMITED→ 11811257 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ADAM HURST CONSTRUCTION LIMITED→ 11806037 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ADAM KLOS PAINTER AND DECORATOR LTD→ 16482462 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADAMS & BARFORD LTD→ 11416063 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ADANAC BUSINESS PARK LIMITED→ 10614391 · est 2017 · no financials extracted	—	—	—	—	9y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2010-08-24

Jurisdictionengland-wales

Primary SIC43320 — Joinery installation

Registered office

105-107 Bitterne Road West

Southampton

SO18 1AU

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-07-18

Last: 2025-07-04

Officers (2 active · 0 resigned)

BUNKER, David James→

director · ~69y · appointed 2010-08-24

View their other companies + combined net worth →

Active

ELDRIDGE, Adam Nathan→

director · ~46y · appointed 2010-08-24

View their other companies + combined net worth →

Active

Click a director name to see their full track record across all companies.