ADI BOARDSPORTS LIMITED

💤Zombieactive

07538434 · ltd · incorporated 2011-02-22

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 Feb 2025

Net worth

£-15.3k

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 47640

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £15,317

Cash YoY

-23%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£7k

↓ 23% YoY

Net Worth

-£15k

↑ 7.5% YoY

Current Assets

£14k

↓ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£-8.3k	£-7.8k
Current assets	£13.7k	£15.4k
Cash	£7.1k	£9.3k
Debtors	£2.4k	£1.4k
Net assets	£-15.3k	£-16.6k

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

filing

• 1 address

Last 180 days

filings

• 2 officers
• 1 address
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-03-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-18
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-18
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-03-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-03-30
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-03-30
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-03-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-03-28
➖
IRETON, Alexander resigned
secretary
2018-03-28
➖
IRETON, Alexander resigned
director
2018-03-24
➖
ALDRICH, Mark resigned
secretary
2018-03-24
➖
ALDRICH, Mark resigned
director
2011-02-22
🏢
Company incorporated
As ADI BOARDSPORTS LIMITED
2011-02-22
➕
DESFONTAINES, Gael Albert appointed
secretary
2011-02-22
➕
DESFONTAINES, Gael Albert appointed
director
2011-02-22
➕
ALDRICH, Mark appointed
secretary
2011-02-22
➕
IRETON, Alexander appointed
secretary
2011-02-22
➕
ALDRICH, Mark appointed
director
2011-02-22
➕
IRETON, Alexander appointed
director

Owner dependency

85/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100

Strong succession signal

Multiple 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 15 years.
secondaryStable-but-static management: Company is 15 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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Gael Albert Desfontaines Individual · French · DOB 05/1981 · age 45	25–50%	—	25-50% shares	06/04/2016

2 historic (ceased) PSCs

Mr Alexander Iretonceased 28/03/2018· 25-50% shares
Mr Mark Aldrichceased 24/03/2018· 25-50% shares

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

Similar companies

Active · Retail · SS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ADESUYI VENTURES LTD→ 15484555 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ADS HEALTH LIMITED→ 07612044 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
ADVANCED EXCHANGES LTD→ 15164416 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AEL SALES LTD→ 12879198 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AGGLO UK LTD→ 11456127 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AGORIUM LTD→ 11127716 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AHE VENTURES LIMITED→ 16724263 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AI ZEUM LIMITED→ 15924231 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AILA ILANA & CO LIMITED→ 16498400 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AJ IMPORT AND EXPORT LIMITED→ 16171276 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AJDISCOUNTS LTD→ 16643268 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AJIISH & CO LIMITED→ 13326460 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2011-02-22

Jurisdictionengland-wales

Primary SIC47640 — SIC 47640

Registered office

213 London Road

Hadleigh

Benfleet

Essex

SS7 2RD

England

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-04

Last: 2026-02-18

Officers (2 active · 4 resigned)

DESFONTAINES, Gael Albert→

secretary · appointed 2011-02-22

View their other companies + combined net worth →

Active

DESFONTAINES, Gael Albert→

director · ~45y · appointed 2011-02-22

View their other companies + combined net worth →

Active

ALDRICH, Mark→

secretary · appointed 2011-02-22 · resigned 2018-03-24

Resigned

IRETON, Alexander→

secretary · appointed 2011-02-22 · resigned 2018-03-28

Resigned

ALDRICH, Mark→

director · ~47y · appointed 2011-02-22 · resigned 2018-03-24

Resigned

IRETON, Alexander→

director · ~42y · appointed 2011-02-22 · resigned 2018-03-28

Resigned

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

Recent filings (50 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-03-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-18

change-person-director-company-with-change-date

officers · CH01

2026-02-18

change-person-secretary-company-with-change-date

officers · CH03

2026-02-18