ADA FOOD CENTRE LTD

💤Zombieactive
10433436 · ltd · incorporated 2016-10-18
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 Oct 2024
Net worth
£-38.8k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (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: distressed disposal / insolvency (65/100).

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
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £38,825

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£39k
~ YoY
Current Assets
£4k
↓ 32% YoY
Current Liabilities
-£39k-£30k-£21k-£12k-£2k£7kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-302023-10-30
Total assets£4.5k£6.6k
Current assets£4.5k£6.6k
Cash£6.6k
Net assets£-38.8k£-38.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-07
    YALCINKAYA, Ismail resigned
    director
  11. 2020-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-01-03
    YALCINKAYA, Ismail appointed
    director
  14. 2020-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-10-18
    🏢
    Company incorporated
    As ADA FOOD CENTRE LTD
  18. 2016-10-18
    OZCELIK, Abdullah 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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Abdullah Ozcelik
Individual · British · DOB 01/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/10/2016

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
Incorporated2016-10-18
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

C/O Mf Accountants
36 Sun Street
Waltham Abbey
EN9 1EJ
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-30
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (1 active · 1 resigned)

OZCELIK, Abdullah
director · ~47y · appointed 2016-10-18
View their other companies + combined net worth →
Active
YALCINKAYA, Ismail
director · ~41y · appointed 2020-01-03 · resigned 2020-08-07
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-10
change-person-director-company-with-change-date
officers · CH01
2025-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-22