ADAPTOR CLOTHING LIMITED
🌳Matureactive
08012200 · ltd · incorporated 2012-03-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 9.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-117.1k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 9.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £117,146
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£117k
↓ 27% YoY
Current Assets
£119k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-88.7k | £-59.7k |
| Current assets | £119.3k | £137.4k |
| Cash | — | £612 |
| Debtors | £4.3k | £4.8k |
| Net assets | £-117.1k | £-92.5k |
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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-03➕BROWN, Paul Henry appointeddirector
- 2021-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-27➖STRADLING, Joanne Elizabeth resigneddirector
- 2021-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-07➖BROWN, Paul Henry resigneddirector
- 2019-01-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-31🔓Charge satisfied #1
- 2018-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-14🔒Charge registered #1Lender: Alfandari Private Equities Limited
- 2016-07-09➕BROWN, Paul Henry appointeddirector
- 2012-03-29🏢Company incorporatedAs ADAPTOR CLOTHING LIMITED
- 2012-03-29➕STRADLING, Philip William appointeddirector
- 2012-03-29➕STRADLING, Joanne Elizabeth appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. 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 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 Philip William Stradling Individual · British · DOB 02/1960 · age 66 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Joanne Elizabeth Stradlingceased 27/04/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 360WAVEKNGZ LTD→ 14311300 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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| ACS MEAT LTD→ 12827312 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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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
Incorporated2012-03-29
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet
Registered office
2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15
Officers (2 active · 2 resigned)
BROWN, Paul Henry→
Activedirector · ~40y · appointed 2021-05-03
View their other companies + combined net worth →
STRADLING, Philip William→
Activedirector · ~66y · appointed 2012-03-29
View their other companies + combined net worth →
BROWN, Paul Henry→
Resigneddirector · ~40y · appointed 2016-07-09 · resigned 2019-11-07
STRADLING, Joanne Elizabeth→
Resigneddirector · ~62y · appointed 2012-03-29 · resigned 2021-04-27
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Alfandari Private Equities Alfandari Private Equities Limited | A registered charge | 7 properties | 14/02/2017 | 31/01/2019 |
Recent filings (42 total)
change-person-director-company-with-change-date
officers · CH01
2026-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-23
appoint-person-director-company-with-name-date
officers · AP01
2021-05-17
termination-director-company-with-name-termination-date
officers · TM01
2021-05-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-04-28