ADECOE LIMITED
💤Zombieactive
08439984 · ltd · incorporated 2013-03-12
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
£29.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (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: 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).
Data confidence
Overall: high (80/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
46 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 £29,925
Net assets shrinking
Down £32,045 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£23k
Net Worth
£30k
↓ 52% YoY
Current Assets
£34k
↓ 46% 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 | £32.8k | £64.7k |
| Current assets | £34.3k | £63.0k |
| Cash | £23.2k | — |
| Debtors | £11.2k | — |
| Net assets | £29.9k | £62.0k |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-22📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-12-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-15📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-01-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-25➖ANDREWS, Arnout resigneddirector
- 2020-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2014-02-24➕DOYLE, Nicholas William appointeddirector
- 2013-07-01➕ANDREWS, Arnout appointeddirector
- 2013-07-01➖DOYLE, Steven William resigneddirector
- 2013-03-12🏢Company incorporatedAs ADECOE LIMITED
- 2013-03-12➕DOYLE, Steven William appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven William Doyle Individual · British · DOB 01/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/12/2023 |
Mr Nicholas William Doyle Individual · British · DOB 08/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/03/2017 |
1 historic (ceased) PSC
- Mr Arnout Ian Andrewsceased 25/03/2020· 50-75% shares · 50-75% voting · board control
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 · Professional services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKT II LIMITED→ 07500271 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ALAN COWPER LTD→ 12186535 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALANICHI LIMITED→ 09885089 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALANTIS HOLDINGS LTD→ 11343408 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALARIS CONSULTING LTD→ 16734346 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALASTAIR SOLUTION LTD→ 16275686 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALASTOR ASSET MANAGEMENT LTD→ 11960629 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALBANY PEAK LIMITED→ 13186083 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALBATROS LTD→ 15658485 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALBATROSS DEVELOPMENT LIMITED→ 06480085 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ALBERA & ASSOCIATES LAW FIRM LIMITED→ 12312110 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALBION CHALLENGES ALTERNATIVE LIMITED→ 10949754 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2013-03-12
Jurisdictionengland-wales
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
124 City Road City Road
London
EC1V 2NX
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09
Officers (1 active · 2 resigned)
DOYLE, Nicholas William→
Activedirector · ~60y · appointed 2014-02-24
View their other companies + combined net worth →
ANDREWS, Arnout→
Resigneddirector · ~59y · appointed 2013-07-01 · resigned 2020-03-25
DOYLE, Steven William→
Resigneddirector · ~52y · appointed 2013-03-12 · resigned 2013-07-01
Click a director name to see their full track record across all companies.
Recent filings (46 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-12
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
change-person-director-company-with-change-date
officers · CH01
2024-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16