ADEO TRAVEL LTD.
💤Zombieactive
08278458 · ltd · incorporated 2012-11-02
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 Nov 2024
Net worth
£491.1k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 8.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
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
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £491,094
Key financials
2 years extracted from filed iXBRL accountsCash
£548k
Net Worth
£491k
↑ 4.5% YoY
Current Assets
£1.1m
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £519.0k | £909.8k |
| Current assets | £1.14M | £991.3k |
| Cash | £548.1k | — |
| Debtors | £595.0k | — |
| Net assets | £491.1k | £470.0k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2020-11-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-24🔓Charge satisfied #1
- 2019-08-28📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2019-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-05-01🔒Charge registered #1Lender: Dbw Investments (10) Limited
- 2017-11-02📄change-person-director-company-with-change-dateofficers · CH01
- 2017-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2012-11-02🏢Company incorporatedAs ADEO TRAVEL LTD.
- 2012-11-02➕HICKS, Matthew appointedsecretary
- 2012-11-02➕WALTERS, Darryl 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darryl Walters Individual · British · DOB 05/1982 · age 44 | 75–100% | — | 75-100% shares | 02/11/2016 |
Mr Matthew Hicks Individual · British · DOB 10/1981 · age 45 | — | — | sig. influencesignificant influence | 02/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2CAN PRODUCTIONS LIMITED→ 10016983 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 5K2PB LIMITED→ 11827447 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 7ROBOTS LIMITED→ 10964799 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABC MYRDDIN CYF→ 15978943 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABC OF OPERA PRODUCTIONS LTD→ 11406625 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABERDARE GOLF CLUB TRADING LIMITED→ 13803001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABERTILLERY CRICKET LTD→ 15451567 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABSOLUTE PERFORMANCE LTD→ 06732193 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACADEMI BERFFORMIO CAERDYDD CYF→ 08749370 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACTIVE4SPORT INTERNATIONAL LTD→ 13897855 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADDIX FITNESS LIMITED→ 12881074 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADINKRA JACKPOT LTD→ 16615901 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2012-11-02
Jurisdictionengland-wales
Primary SIC79120 — Tour operator activities
Registered office
3a, Dolphin House
Church Street
Cardiff
CF10 1BG
Wales
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (2 active · 0 resigned)
Active
WALTERS, Darryl→
Activedirector · ~44y · appointed 2012-11-02
View their other companies + combined net worth →
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 | Dbw Investments (10) Dbw Investments (10) Limited | A registered charge | 2 properties | 01/05/2018 | 24/08/2020 |
Recent filings (34 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-19
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2020-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-04
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-24