ADPAD GROUP LIMITED
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 61). 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).
Refinance opportunity
3 live charges · 2 lenders · oldest 8.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.8 years old — likely at or near maturity.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £249.0k | £56.3k |
| Current assets | £386.1k | £347.2k |
| Cash | £8.8k | £5.9k |
| Debtors | £158.8k | £70.5k |
| Net assets | £221.4k | £23.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (34 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-26📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-23📄resolutionresolution · RESOLUTIONS
- 2023-08-08📄resolutionresolution · RESOLUTIONS
- 2023-07-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-04➖DAVIS, Adam Lloyd resigneddirector
- 2023-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-12-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-12-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-20🔓Charge satisfied #3
- 2018-09-20🔓Charge satisfied #2
- 2018-09-20🔓Charge satisfied #1
- 2017-12-04🔒Charge registered #3Lender: Aspire Electrical Limited
- 2017-09-01🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2017-08-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2017-07-19➕DAVIS, Adam Lloyd appointeddirector
- 2017-07-19➖PROJECT SPONGE CAKE LTD resignedcorporate-director
- 2016-09-06➕PROJECT SPONGE CAKE LTD appointedcorporate-director
- 2015-12-01➕COLLEDGE, Patrick Mark appointeddirector
- 2015-12-01➖JEWSON, Ian Mark resigneddirector
- 2015-01-01➖DAVIS, Adam Lloyd resigneddirector
- 2015-01-01➕JEWSON, Ian Mark appointeddirector
- 2013-10-08🏢Company incorporatedAs ADPAD GROUP LIMITED
- 2013-10-08➕DAVIS, Adam Lloyd 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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Colledge Homes Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Colledge Homes Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 14/12/2016 |
3 historic (ceased) PSCs
- Project Sponge Cake Ltdceased 04/07/2023· 25-50% shares · 25-50% voting
- Project Sponge Cake Ltdceased 10/01/2018· 25-50% shares · 25-50% voting
- Mr Patrick Mark Colledgeceased 14/12/2016· 25-50% shares
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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|---|---|---|---|---|---|---|---|
| ACCOUNTING IS EASY LIMITED→ 10203804 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| AL ACCOUNTANCY LTD→ 14126172 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALBERTS COLLECTABLES LIMITED→ 04376427 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ALCHEMATE LIMITED→ 16394816 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEX WALKER LIMITED→ 13303213 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALEXANDRA-HR LIMITED→ 17079087 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALH CONSULTING LIMITED→ 16659631 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Aspire Electrical Aspire Electrical Limited | A registered charge | 1 property | 04/12/2017 | 20/09/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 01/09/2017 | 20/09/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 17/08/2017 | 20/09/2018 |