ADI CATALIN LTD

⚰️Wound downliquidation
10452320 · ltd · incorporated 2016-10-31
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£882
book net assets
Opportunity
42/100
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 43210Electrical installation
  • 43320Joinery installation
  • 43341Painting
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 42/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
42/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
5
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £882

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£882
↑ 34% YoY
Current Assets
£2k
↓ 61% YoY
Current Liabilities
£0£1k£2k£3k£4k£5kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£1.6k£4.0k
Current assets£2.0k£5.1k
Net assets£882£658

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

Recent activity

Last 30 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 90 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-06-05
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-06-05
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-06-05
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-10-31
    🏢
    Company incorporated
    As ADI CATALIN LTD
  14. 2016-10-31
    ANDREICUT, Adrian Catalin appointed
    director
  15. 2016-10-31
    📄
    incorporation-company
    incorporation · NEWINC

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

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

2 high ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-06-05: liquidation-voluntary-appointment-of-liquidator; 2026-06-05: liquidation-voluntary-statement-of-affairs

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusliquidation
Typeltd
Incorporated2016-10-31
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Warehouse W 3 Western Gateway
Royal Victoria Docks
London
E16 1BD

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (1 active · 0 resigned)

ANDREICUT, Adrian Catalin
director · ~40y · appointed 2016-10-31
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-05
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-06-05
resolution
resolution · RESOLUTIONS
2026-06-05
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-14