ADES WHOLESALE (UK) LIMITED

💤Zombieactive
10726698 · ltd · incorporated 2017-04-18
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 May 2025
Net worth
book net assets
Opportunity
76/100
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: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

Data confidence

Overall: high (82/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-05-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-02-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-04-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-03-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-07-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2020-02-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-04-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2019-04-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-03-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2017-04-18
    🏢
    Company incorporated
    As ADES WHOLESALE (UK) LIMITED
  14. 2017-04-18
    ADEDIPE, Michael Olusola appointed
    director
  15. 2017-04-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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 Michael Olushola Adedipe
Individual · British · DOB 03/1968 · age 58
75100%
75-100% shares18/04/2017

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 · Wholesale & distribution · SE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.H.P. MEDICAL SUPPLIES LTD
04169100 · est 2001 · no financials extracted
25y
A.J. DISTRIBUTORS LIMITED
01964818 · est 1985 · no financials extracted
40y
ABERDEEN NORTHERN SPLL LTD
16326694 · est 2025 · no financials extracted
1y
ACTIVE ELECTRICAL SUPPLIERS LTD
12710647 · est 2020 · no financials extracted
5y
ADAIR ENTERPRISE LIMITED
16368096 · est 2025 · no financials extracted
1y
ADALINE KITCHEN'S LTD
15435622 · est 2024 · no financials extracted
2y
ADEBIMPE LIMITED
13827214 · est 2022 · no financials extracted
4y
ADMEG GLOBAL LTD
15388636 · est 2024 · no financials extracted
2y
ADVANCE 4 LTD
12202357 · est 2019 · no financials extracted
6y
ADVIGLOBALPVT LTD
17097523 · est 2026 · no financials extracted
ADWINES LTD
14482046 · est 2022 · no financials extracted
3y
AEROFLEXY LIMITED
16505594 · est 2025 · no financials extracted
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
Incorporated2017-04-18
Jurisdictionengland-wales
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

1-3 Eastmoor Street
London
SE7 8LX
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20

Officers (1 active · 0 resigned)

ADEDIPE, Michael Olusola
director · ~58y · appointed 2017-04-18
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)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
change-person-director-company-with-change-date
officers · CH01
2025-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-dormant
accounts · AA
2025-03-17
accounts-with-accounts-type-dormant
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-dormant
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24
accounts-with-accounts-type-dormant
accounts · AA
2022-03-24
accounts-with-accounts-type-dormant
accounts · AA
2021-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-18
change-account-reference-date-company-previous-extended
accounts · AA01
2020-07-03
accounts-with-accounts-type-dormant
accounts · AA
2020-02-03