AD42 LIMITED

💤Zombieactive
09650601 · ltd · incorporated 2015-06-22
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 Jun 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company 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: 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 (1 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
32 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees200100

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-02
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-07-02
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-07-02
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-07-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  6. 2024-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-13
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-03-07
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-03-07
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2024-03-04
    📄
    capital-allotment-shares
    capital · SH01
  11. 2024-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2015-09-06
    WALKER, Annette resigned
    director
  18. 2015-06-22
    🏢
    Company incorporated
    As AD42 LIMITED
  19. 2015-06-22
    WALKER, David appointed
    director
  20. 2015-06-22
    WALKER, Annette 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Walker
Individual · British · DOB 06/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2015-06-22
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

42 Rivington Road
Hale
Altrincham
Cheshire
WA15 9PJ
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-07-06
Last: 2026-06-22

Officers (1 active · 1 resigned)

WALKER, David
director · ~54y · appointed 2015-06-22
View their other companies + combined net worth →
Active
WALKER, Annette
director · ~54y · appointed 2015-06-22 · resigned 2015-09-06
Resigned

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

Recent filings (32 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-07
memorandum-articles
incorporation · MA
2025-07-02
resolution
resolution · RESOLUTIONS
2025-07-02
resolution
resolution · RESOLUTIONS
2025-07-02
capital-name-of-class-of-shares
capital · SH08
2025-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
resolution
resolution · RESOLUTIONS
2024-04-13
resolution
resolution · RESOLUTIONS
2024-03-07
capital-name-of-class-of-shares
capital · SH08
2024-03-07
capital-allotment-shares
capital · SH01
2024-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-03