ADEL PLUMBING & HEATING LTD

💤Zombieactive
10335890 · ltd · incorporated 2016-08-18
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 Aug 2025
Net worth
£109
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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
3 officers (1 active, 3 linked, 3 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
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £109

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£109
~ YoY
Current Assets
£15k
↓ 11% YoY
Current Liabilities
—
£0£3k£7k£10k£14k£17kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£109£108
Current assets£15.2k£17.1k
Net assets£109£108

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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-04
    ➖
    THOROGOOD, Gary Robert resigned
    director
  6. 2023-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-03-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2019-03-11
    ➕
    THOROGOOD, James Robert appointed
    director
  14. 2018-11-30
    ➖
    THOROGOOD, James resigned
    director
  15. 2018-11-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2016-11-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2016-11-16
    ➕
    THOROGOOD, Gary Robert appointed
    director
  20. 2016-08-18
    🏢
    Company incorporated
    As ADEL PLUMBING & HEATING LTD
  21. 2016-08-18
    ➕
    THOROGOOD, James appointed
    director
  22. 2016-08-18
    📄
    incorporation-company
    incorporation · NEWINC

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

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 James Thorogood
Individual · British · DOB 12/1987 · age 39
75–100%
75–100%board control75-100% shares · 75-100% voting · board control18/08/2016

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

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10955260 · est 2017 · no financials extracted
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05959769 · est 2006 · no financials extracted
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AC WORKS GROUP LTD→
15181061 · est 2023 · no financials extracted
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01877013 · est 1985 · no financials extracted
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09599716 · est 2015 · no financials extracted
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ADH GREEN ENERGY LIMITED→
16866777 · est 2025 · no financials extracted
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16602406 · est 2025 · no financials extracted
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ADVANCE SAFETY NETTING UK LTD→
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ADVANCED HOMES LIMITED→
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2016-08-18
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

18 Holt Park Road
Leeds
LS16 7QS
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15

Officers (1 active · 2 resigned)

THOROGOOD, James Robert→
director · ~39y · appointed 2019-03-11
View their other companies + combined net worth →
Active
THOROGOOD, Gary Robert→
director · ~70y · appointed 2016-11-16 · resigned 2023-12-04
Resigned
THOROGOOD, James→
director · ~39y · appointed 2016-08-18 · resigned 2018-11-30
Resigned

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

Recent filings (25 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-16
termination-director-company-with-name-termination-date
officers · TM01
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-16