ADJ (POWER) LIMITED
🌳Matureactive
09427780 · ltd · incorporated 2015-02-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£48.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 42220
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 79/100 (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: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 £48,255
Net assets shrinking
Down £80,760 YoY
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£49k
↓ 54% YoY
Net Worth
£48k
↓ 63% YoY
Current Assets
£49k
↓ 62% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £48.9k | £129.0k |
| Current assets | £48.6k | £129.6k |
| Cash | £48.6k | £105.1k |
| Net assets | £48.3k | £129.0k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-28➕JOHNSTONE, Jill Elizabeth appointeddirector
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-09🏢Company incorporatedAs ADJ (POWER) LIMITED
- 2015-02-09➕JOHNSTONE, Anthony appointeddirector
- 2015-02-09📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony Johnstone Individual · British · DOB 03/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Construction · WF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & J ELECTRICAL CONTRACTORS LIMITED→ 06542207 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A H PLUMBING SOLUTIONS LTD→ 16826783 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A J CONSTRUCTION (YORKSHIRE) LIMITED→ 05981180 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A J FIRTH LIMITED→ 16574721 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.HOLLINS LTD→ 12813523 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE PLUMBERS LIMITED→ 09946945 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADAMS ELECTRICAL & PROPERTY LTD→ 16995537 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADC ELECTRICAL CONTRACTORS LTD→ 05860054 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADI COMMUNICATIONS (YORKSHIRE) LIMITED→ 07323621 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADM BRICKWORKS LTD→ 16648084 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADM JOINERY LTD→ 11977234 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANCE PIPEWORK SERVICES LIMITED→ 14957555 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2015-02-09
Jurisdictionengland-wales
Primary SIC42220 — SIC 42220
Registered office
36 Ropergate
Pontefract
WF8 1LY
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (2 active · 0 resigned)
JOHNSTONE, Anthony→
Activedirector · ~60y · appointed 2015-02-09
View their other companies + combined net worth →
JOHNSTONE, Jill Elizabeth→
Activedirector · ~64y · appointed 2019-02-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-26
appoint-person-director-company-with-name-date
officers · AP01
2019-11-26