ADVENTURE CAMP LIMITED

🚨Distressedactive
09468289 · ltd · incorporated 2015-03-03
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£-18.9k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
49 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
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £18,929

Key financials

1 year extracted from filed iXBRL accounts
Cash
£701k
Net Worth
-£19k
Current Assets
£978k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£24.3k
Current assets£978.4k
Cash£700.8k
Debtors£277.6k
Net assets£-18.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-19
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-05
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-06
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2022-06-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2022-05-31
    📄
    capital-allotment-shares
    capital · SH01
  10. 2022-05-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-11-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-08-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-08-06
    LOWE, Julia Anne resigned
    director
  15. 2021-06-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-06-24
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2021-06-24
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-06-24
    📄
    memorandum-articles
    incorporation · MA
  19. 2021-06-24
    📄
    capital-allotment-shares
    capital · SH01
  20. 2021-06-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2015-03-03
    🏢
    Company incorporated
    As ADVENTURE CAMP LIMITED
  22. 2015-03-03
    DENNY, Lee Edward appointed
    director
  23. 2015-03-03
    LOWE, Julia Anne 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

45/100
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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Julia Anne Lowe
Individual · British · DOB 08/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting28/02/2019
Mr Lee Edward Denny
Individual · British · DOB 09/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2016

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

9 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
Incorporated2015-03-03
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

5a The Gardens
Broadcut
Fareham
Hampshire
PO16 8SS
United Kingdom

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (1 active · 1 resigned)

DENNY, Lee Edward
director · ~39y · appointed 2015-03-03
View their other companies + combined net worth →
Active
LOWE, Julia Anne
director · ~42y · appointed 2015-03-03 · resigned 2021-08-06
Resigned

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

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-02
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-05
change-account-reference-date-company-current-extended
accounts · AA01
2023-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-15
resolution
resolution · RESOLUTIONS
2022-06-06
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-01
capital-allotment-shares
capital · SH01
2022-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-31
gazette-notice-compulsory
gazette · GAZ1
2022-05-24