ADELEC LTD

💤Zombieactive
10161964 · ltd · incorporated 2016-05-04
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 May 2025
Net worth
£91.1k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £91,109

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£91k
↑ 1.4% YoY
Current Assets
£264k
↑ 60% YoY
Current Liabilities
£0£53k£105k£158k£211k£264kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£93.8k£102.5k
Current assets£263.6k£164.8k
Net assets£91.1k£89.8k

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
1
filing
  • 1 confirmation-statement
Last 180 days
5
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-01-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-08-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-10-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-08-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-08-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2023-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-07-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-05-04
    🏢
    Company incorporated
    As ADELEC LTD
  19. 2016-05-04
    ADAM, Daniel 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 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

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.)

Group structure

Adelec Management Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Adelec Management Ltd
Corporate parent · holds 75-100% shares
ultimate parent
ADELEC LTD
This company · 10161964

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Adelec Management Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting22/08/2022
Mr Daniel Adam
Individual · British · DOB 06/1980 · age 46
75100%
75-100% shares04/05/2016

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 →

Similar companies

Active · Construction · BH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & G HOARE DEVELOPMENTS LIMITED
11388126 · est 2018 · no financials extracted
7y
A.G PLASTERING & RENDER LTD
16591711 · est 2025 · no financials extracted
A.H.G. BH13 LTD
14442971 · est 2022 · no financials extracted
3y
A.H.G. NORTH DORSET DEVELOPMENTS LTD
13795193 · est 2021 · no financials extracted
4y
A.H.G. POOLE DEVELOPMENTS 1 LTD
14280500 · est 2022 · no financials extracted
3y
A.H.G. POOLE DEVELOPMENTS LTD
14280494 · est 2022 · no financials extracted
3y
ADAM URBAN CONSTRUCTION LTD
10946707 · est 2017 · no financials extracted
8y
ADDIS HOMES CONSTRUCTION LTD
13795935 · est 2021 · no financials extracted
4y
ADDIS HOMES GROUP LTD
13791224 · est 2021 · no financials extracted
4y
ADEPT ELECTRICAL SOUTH LTD
10578507 · est 2017 · no financials extracted
9y
ADG BUILDING & PROPERTY MAINTENANCE LTD
15372765 · est 2023 · no financials extracted
2y
ADL PLUMBING LTD.
06199364 · est 2007 · no financials extracted
19y
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
Incorporated2016-05-04
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Alum House 5 Alum Chine Road
Westbourne
Bournemouth
Dorset
BH4 8DT
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-17
Last: 2026-05-03

Officers (1 active · 0 resigned)

ADAM, Daniel
director · ~46y · appointed 2016-05-04
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2026-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-06
change-person-director-company-with-change-date
officers · CH01
2025-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-03