ADAPTIVE WETROOMS LTD

💤Zombieactive
08641313 · ltd · incorporated 2013-08-07
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 Sept 2025
Net worth
£3.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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 (58/100).

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
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £3,349

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↑ 5.3% YoY
Current Assets
£47k
↓ 12% YoY
Current Liabilities
£0£11k£21k£32k£42k£53kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-292024-09-29
Total assets£3.3k£3.2k
Current assets£46.7k£53.0k
Net assets£3.3k£3.2k

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
1
filing
  • 1 persons-with-significant-control
Last 90 days
1
filing
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-06-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-06-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-01-21
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2019-01-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-10-11
    HOLMES, Paul Andrew resigned
    director
  14. 2018-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-10-21
    DOYLE, Michael John resigned
    director
  18. 2013-09-29
    DOYLE, Kelvin Michael appointed
    director
  19. 2013-08-07
    🏢
    Company incorporated
    As ADAPTIVE WETROOMS LTD
  20. 2013-08-07
    DOYLE, Michael John appointed
    director
  21. 2013-08-07
    HOLMES, Paul Andrew appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Kelvin Michael Doyle
Individual · British · DOB 12/1973 · age 53
2550%
25-50% shares06/04/2016
2 historic (ceased) PSCs
  • Mr Michael John Doyleceased 29/06/2026· 25-50% shares
  • Mr Paul Andrew Holmesceased 11/10/2018· 25-50% shares

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 →

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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
Incorporated2013-08-07
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

39 Hd House
Boyslade Road East
Burbage
Leicestershire
LE10 2RQ

Filing status

Accounts
Next due: 2027-06-29
Last made up to: 2025-09-29
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (1 active · 2 resigned)

DOYLE, Kelvin Michael
director · ~53y · appointed 2013-09-29
View their other companies + combined net worth →
Active
DOYLE, Michael John
director · ~80y · appointed 2013-08-07 · resigned 2017-10-21
Resigned
HOLMES, Paul Andrew
director · ~45y · appointed 2013-08-07 · resigned 2018-10-11
Resigned

Click a director name to see their full track record across all companies.

Recent filings (34 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-04