ADSWAD LTD
💤Zombieactive
08008042 · private-limited-guarant-nsc · incorporated 2012-03-27
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 Mar 2025
Net worth
£128.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other social work activities without accommodation n.e.c.
Sector: Human health & social work
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -48% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £128,226
Cash draining
Cash down 48% YoY
Cash YoY
-48%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 48% YoY
Net Worth
£128k
↑ 3.5% YoY
Current Assets
£106k
↓ 30% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £161.1k | £190.0k |
| Current assets | £105.9k | £151.3k |
| Cash | £2.2k | £4.1k |
| Debtors | £103.8k | £147.2k |
| Net assets | £128.2k | £123.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-06📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2015-05-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-28📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2012-03-27🏢Company incorporatedAs ADSWAD LTD
- 2012-03-27➕LOCKWOOD, Stephen James appointeddirector
Owner dependency
95/100
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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
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 65. 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 14 years.
- 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 Stephen James Lockwood Individual · British · DOB 09/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/12/2021 |
1 historic (ceased) PSC
- Mr Stephen James Lockwoodceased 17/12/2021· significant influence
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 · Healthcare & medical · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACE CLUB SHEFFIELD CIC→ 16977056 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACKROYD HOUSE LIMITED→ 02872033 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ACTION FOR CARE LIMITED→ 06679336 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACTIVE RECOVERY THERAPY LTD→ 10638158 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACTIVE SUMMER CAMPS LTD→ 16766008 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACW MEDICAL SERVICE LTD→ 13352797 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADESQUARE CARE LTD→ 11807102 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADHARSH MEDICAL SERVICES LIMITED→ 09525922 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADHDEASY LIMITED→ 15061455 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADONAY GROUP LIMITED→ 15178892 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADORE AESTHETICS AND MEDISPA LIMITED→ 16227536 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADSWOOD LODGE HEALTH CARE LIMITED→ 13974952 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Typeprivate-limited-guarant-nsc
Incorporated2012-03-27
Jurisdictionengland-wales
Primary SIC88990 — Other social work activities without accommodation n.e.c.
Registered office
114 Colley Crescent
Sheffield
S5 9FS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14
Officers (1 active · 0 resigned)
LOCKWOOD, Stephen James→
Activedirector · ~65y · appointed 2012-03-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-12-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-30