ADJACK DEVELOPMENTS LTD
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
2 live charges · 2 lenders · oldest 2.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £24.52M | £23.71M |
| Current assets | £19.87M | £22.62M |
| Cash | £12.79M | £16.06M |
| Debtors | £6.71M | £6.42M |
| Net assets | £24.44M | £23.66M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 mortgage
- • 1 mortgage
Corporate timeline (21 events)Click to expand
- 2026-05-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-12🔓Charge satisfied #2
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-05🔒Charge registered #2Lender: Coutts & Company ( Also Known Coutts & Co )
- 2025-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-23🔓Charge satisfied #1
- 2025-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-20🔒Charge registered #1Lender: J.P.Morgan SE
- 2023-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-03📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-25📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-07-16🏢Company incorporatedAs ADJACK DEVELOPMENTS LTD
- 2013-07-16➕SWARBRICK, Adam Wayne appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Wayne Swarbrick Individual · British · DOB 06/1983 · age 43 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| ADS VISUALS LIMITED→ 15624508 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Coutts & Company ( Also Known Coutts & Co ) | A registered charge | 1 property | 05/12/2025 | 12/05/2026 | |
| satisfied | J.P.Morgan SE | A registered charge | — | 20/03/2024 | 23/06/2025 |