ADAN TECHNOLOGIES LIMITED
💤Zombieactive
08109408 · ltd · incorporated 2012-06-18
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 Jun 2025
Net worth
£-5.7k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other telecommunications activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (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 -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).
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
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
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £5,684
Net assets shrinking
Down £24,841 YoY
Cash draining
Cash down 60% YoY
Cash YoY
-60%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↓ 60% YoY
Net Worth
-£6k
↓ 130% YoY
Current Assets
£5k
↓ 73% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-5.7k | £19.2k |
| Current assets | £5.3k | £19.4k |
| Cash | £5.3k | £13.4k |
| Debtors | — | £6.0k |
| Net assets | £-5.7k | £19.2k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2012-06-18🏢Company incorporatedAs ADAN TECHNOLOGIES LIMITED
- 2012-06-18➕RAHEEM, Ejaz appointeddirector
Owner dependency
80/100
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.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple 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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Saadia Batool Naqvi Individual · British · DOB 01/1976 · age 50 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 04/04/2025 |
1 historic (ceased) PSC
- Mr Ejaz Raheemceased 04/04/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 10TH DIMENSION LIMITED→ 09471201 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 2AI CONSULTING LTD→ 14691280 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3LOCAL LTD→ 16598862 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 99PW LTD→ 13846864 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A LIAQAT LTD→ 15131262 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AASPIRE RECORDS LIMITED→ 14108866 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCESS COMPUTER SERVICES LIMITED→ 01459431 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| ACCOX LIMITED→ 07137473 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ACUMEN SYNERGY LIMITED→ 08308089 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADTEL LIMITED→ 05348144 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AE WHARFE LTD→ 14936935 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AELYSIA.IO LTD→ 15052102 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2012-06-18
Jurisdictionengland-wales
Primary SIC61900 — Other telecommunications activities
Registered office
Unit G7c Groundworks Building
Shaw Road
Oldham
OL1 4AW
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-12
Last: 2025-04-28
Officers (1 active · 0 resigned)
RAHEEM, Ejaz→
Activedirector · ~44y · appointed 2012-06-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-22