A. D. B. (MALVERN) LIMITED
💤Zombieactive
07619959 · ltd · incorporated 2011-05-03
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 Aug 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 69-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). 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
2 live charges · oldest 9.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 1 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-23➖MIRKAMALI, Haleh resignedsecretary
- 2023-05-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-05-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2017-05-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-13➕MIRKAMALI, Haleh appointedsecretary
- 2017-01-13➖MIRKAMALI, Haleh resigneddirector
- 2016-08-19🔒Charge registered #2Lender: Lloyds Bank PLC
- 2016-08-19🔒Charge registered #1Lender: Lloyds Bank PLC
- 2011-05-03🏢Company incorporatedAs A. D. B. (MALVERN) LIMITED
- 2011-05-03➕KAVEH BAGHBADRANI, Hekmat appointeddirector
- 2011-05-03➕MIRKAMALI, Haleh appointeddirector
Owner dependency
100/100
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 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
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 69. 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 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
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 |
|---|---|---|---|---|
Mr Hekmat Kaveh Baghbadrani Individual · British · DOB 08/1957 · age 69 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2016 |
1 historic (ceased) PSC
- Mrs Haleh Mirkamaliceased 29/09/2022· 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 · Property · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 120 REPLINGHAM ROAD MANAGEMENT COMPANY LIMITED→ 03100406 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 23-23 LIMITED→ 04394886 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 27 TEN LTD→ 11213417 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 3RS DEVELOPMENTS LIMITED→ 15804945 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 4C PROPERTY MANAGEMENT LIMITED→ 13526637 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 80 QUEST HILLS ROAD PROPERTY MANAGEMENT LIMITED→ 05527000 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 84 LONDON ROAD LIMITED→ 15866106 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A & C GREEN PROPERTY MANAGEMENT LIMITED→ 11413438 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A B CUTHBERT LIMITED→ 14440467 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A G RAYNER PROPERTY DEVELOPMENTS LTD→ 11661723 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A. C. E. GOVERNMENT SURPLUS LIMITED→ 00665621 · est 1960 · no financials extracted | — | — | — | — | 65y | — | — |
| A.B. GROSVENOR LIMITED→ 03423199 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2011-05-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
253 Wells Road
Malvern
WR14 4JF
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29
Officers (1 active · 2 resigned)
KAVEH BAGHBADRANI, Hekmat→
Activedirector · ~69y · appointed 2011-05-03
View their other companies + combined net worth →
MIRKAMALI, Haleh→
Resignedsecretary · appointed 2017-01-13 · resigned 2023-05-23
MIRKAMALI, Haleh→
Resigneddirector · ~57y · appointed 2011-05-03 · resigned 2017-01-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 19/08/2016 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 2 properties | 19/08/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-31
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-10