AD IT NETWORKS LIMITED

💤Zombieactive
09667940 · ltd · incorporated 2015-07-02
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 2024
Net worth
£703
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Wireless telecommunications activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 63/100 (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: strategic trade sale (40/100).

Data confidence

Overall: medium (64/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
50
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
Positive net assets
Net assets £703

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£703
Current Assets
£88k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-23
Total assets£7.2k
Current assets£87.6k
Net assets£703

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-24
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2024-12-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-03-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2023-12-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-12-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-03-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2021-12-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2021-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2019-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-05-13
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2015-07-02
    🏢
    Company incorporated
    As AD IT NETWORKS LIMITED
  20. 2015-07-02
    DUNN, Adam appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

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: 2026-03-22

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2015-07-02
Jurisdictionengland-wales
Primary SIC61200 — Wireless telecommunications activities

Registered office

52 Troutbeck Road Gatley
Cheadle
SK8 4RR
England

Filing status

Accounts
Next due: 2026-03-22OVERDUE
Last made up to: 2024-03-23
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (1 active · 0 resigned)

DUNN, Adam
director · ~49y · appointed 2015-07-02
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
change-account-reference-date-company-current-shortened
accounts · AA01
2025-03-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-23