ADM HEALTHCARE LIMITED

💤Zombieactive
09084952 · ltd · incorporated 2014-06-13
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
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Turnover
year to Mar 2025
Net worth
£1.39M
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 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: high (82/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,391,230
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£415k
↑ 8.6% YoY
Net Worth
£1.4m
↑ 17% YoY
Current Assets
£2.1m
↑ 23% YoY
Current Liabilities
£0£419k£837k£1.3m£1.7m£2.1mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£4.49M£3.90M
Current assets£2.09M£1.70M
Cash£414.8k£381.9k
Debtors£1.38M£1.06M
Net assets£1.39M£1.19M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
16
filings
  • 4 persons-with-significant-control
  • 4 capital
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-03-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-02-27
    KAUR, Rajbir resigned
    director
  6. 2026-02-27
    SINGH, Onkar resigned
    director
  7. 2026-02-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2026-02-17
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2026-02-17
    📄
    memorandum-articles
    incorporation · MA
  10. 2026-02-17
    🔒
    Charge registered #8
    Lender: Lloyds Bank PLC
  11. 2026-02-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2026-02-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2026-02-12
    📄
    capital-allotment-shares
    capital · SH01
  14. 2026-02-12
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  15. 2026-02-12
    📄
    legacy
    capital · SH20
  16. 2026-02-12
    ⚠️
    legacy
    insolvency · CAP-SS
  17. 2026-02-12
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2026-02-11
    📄
    capital-allotment-shares
    capital · SH01
  19. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2024-11-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2024-11-27
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  22. 2024-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2024-10-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-10-09
    🔒
    Charge registered #6
    Lender: Lloyds Bank PLC
  25. 2024-06-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2024-06-25
    SINGH, Onkar appointed
    director
  27. 2023-12-19
    SINGH, Onkar resigned
    director
  28. 2023-12-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2023-11-21
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  31. 2023-11-21
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  32. 2022-11-01
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  33. 2018-08-31
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  34. 2018-05-22
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  35. 2018-03-20
    PATEL, Jayesh Bachubhai resigned
    director
  36. 2018-03-20
    PATEL, Rekha Jayesh resigned
    director
  37. 2015-04-01
    BHANDAL, Harpal Singh appointed
    director
  38. 2015-04-01
    BASHIR, Assaf resigned
    director
  39. 2015-04-01
    KAUR, Rajbir appointed
    director
  40. 2015-04-01
    PATEL, Jayesh Bachubhai appointed
    director
  41. 2015-04-01
    PATEL, Rekha Jayesh appointed
    director
  42. 2015-04-01
    SINGH, Onkar appointed
    director
  43. 2014-06-13
    🏢
    Company incorporated
    As ADM HEALTHCARE LIMITED
  44. 2014-06-13
    BASHIR, Assaf 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

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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 high · 1 med · 1 low
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-02-12: legacy

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KAUR, Rajbir resigned 2026-02-27; SINGH, Onkar resigned 2026-02-27

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Hsb Ventures Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hsb Ventures Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADM HEALTHCARE LIMITED
This company · 09084952

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%
NameSharesVoting rightsNature of controlNotified
Hsb Ventures Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/03/2026
2 historic (ceased) PSCs
  • Adm Healthcare Holdings Limitedceased 12/03/2026· 75-100% shares · 75-100% voting · board control
  • Mr Harpal Singh Bhandalceased 12/02/2026· 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

10 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
Incorporated2014-06-13
Jurisdictionengland-wales
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

101 High Street
Moxley
Wednesbury
WS10 8RT
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-24
Last: 2026-05-10

Officers (1 active · 6 resigned)

BHANDAL, Harpal Singh
director · ~43y · appointed 2015-04-01
View their other companies + combined net worth →
Active
BASHIR, Assaf
director · ~53y · appointed 2014-06-13 · resigned 2015-04-01
Resigned
KAUR, Rajbir
director · ~53y · appointed 2015-04-01 · resigned 2026-02-27
Resigned
PATEL, Jayesh Bachubhai
director · ~62y · appointed 2015-04-01 · resigned 2018-03-20
Resigned
PATEL, Rekha Jayesh
director · ~58y · appointed 2015-04-01 · resigned 2018-03-20
Resigned
SINGH, Onkar
director · ~56y · appointed 2024-06-25 · resigned 2026-02-27
Resigned
SINGH, Onkar
director · ~56y · appointed 2015-04-01 · resigned 2023-12-19
Resigned

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

Mortgages & charges

8
Total charges
8
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge17/02/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property27/11/2024
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge09/10/2024
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property21/11/2023
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property21/11/2023
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge01/11/2022
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge5 properties31/08/2018
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property22/05/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-15
termination-director-company-with-name-termination-date
officers · TM01
2026-05-15
termination-director-company-with-name-termination-date
officers · TM01
2026-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-24
resolution
resolution · RESOLUTIONS
2026-02-17
memorandum-articles
incorporation · MA
2026-02-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-13
capital-allotment-shares
capital · SH01
2026-02-12
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-02-12
legacy
capital · SH20
2026-02-12
legacy
insolvency · CAP-SS
2026-02-12
resolution
resolution · RESOLUTIONS
2026-02-12