ADECOT GARAGES LIMITED

💤Zombieactive
07539183 · 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 Dec 2024
Net worth
£327
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £327
Net assets shrinking
Down £12,031 YoY
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£338
↓ 97% YoY
Net Worth
£327
↓ 97% YoY
Current Assets
£338
↓ 97% YoY
Current Liabilities
£0£3k£5k£8k£10k£13kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£327£12.4k
Current assets£338£12.6k
Cash£338£12.6k
Net assets£327£12.4k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-07-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2018-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2018-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2018-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-09-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-02-22
    🏢
    Company incorporated
    As ADECOT GARAGES LIMITED
  17. 2011-02-22
    GRIST, Fergal Michael appointed
    secretary
  18. 2011-02-22
    GRIST, Fergal Michael appointed
    director

Owner dependency

90/100
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.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

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.)

Group structure

Adecot Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Adecot Properties Ltd
Corporate parent · holds 75-100% shares
ultimate parent
ADECOT GARAGES LIMITED
This company · 07539183

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Adecot Properties Ltd
Corporate entity
75100%
75-100% shares06/04/2016
Mr Fergal Michael Grist
Individual · Irish · DOB 03/1969 · age 57
sig. influencesignificant influence06/04/2016

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 →

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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 SIC68209 — Other letting and operating of own or leased real estate

Registered office

Beresford Lodge
26a Alton Road
Prenton
CH43 1XA
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (2 active · 0 resigned)

GRIST, Fergal Michael
secretary · appointed 2011-02-22
View their other companies + combined net worth →
Active
GRIST, Fergal Michael
director · ~57y · appointed 2011-02-22
View their other companies + combined net worth →
Active

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

Recent filings (39 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-dormant
accounts · AA
2025-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-06