ADA FX LTD

🏛️Establishedactive
10816898 · ltd · incorporated 2017-06-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-30
Average employees3

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
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-06-16
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-06-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-12-16
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2025-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-10-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-09-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-08-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-08-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2022-08-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-08-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-07-20
    QUIRKE, Simon Iain resigned
    director
  21. 2021-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2021-08-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2019-05-10
    HILMI, Ahmet Kemal appointed
    director
  24. 2018-05-22
    QUIRKE, Simon Iain appointed
    director
  25. 2018-01-16
    HILMI, Aytan Kemal appointed
    director
  26. 2018-01-16
    KEMAL HILMI, Ivana resigned
    director
  27. 2017-06-13
    🏢
    Company incorporated
    As ADA FX LTD
  28. 2017-06-13
    OSBORNE, Lisa Anne appointed
    director
  29. 2017-06-13
    KEMAL HILMI, Ivana appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-15

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Ivana Kemal Hilmi
Individual · British · DOB 08/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting13/06/2017

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2017-06-13
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

57a Broadway
Leigh-On-Sea
Essex
SS9 1PE
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-15OVERDUE
Last: 2025-06-01

Officers (3 active · 2 resigned)

HILMI, Ahmet Kemal
director · ~68y · appointed 2019-05-10
View their other companies + combined net worth →
Active
HILMI, Aytan Kemal
director · ~41y · appointed 2018-01-16
View their other companies + combined net worth →
Active
OSBORNE, Lisa Anne
director · ~60y · appointed 2017-06-13
View their other companies + combined net worth →
Active
KEMAL HILMI, Ivana
director · ~66y · appointed 2017-06-13 · resigned 2018-01-16
Resigned
QUIRKE, Simon Iain
director · ~59y · appointed 2018-05-22 · resigned 2022-07-20
Resigned

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

Recent filings (39 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-06-16
dissolution-application-strike-off-company
dissolution · DS01
2026-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-26
change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
change-person-director-company-with-change-date
officers · CH01
2025-06-06
accounts-with-accounts-type-small
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-03
accounts-with-accounts-type-small
accounts · AA
2023-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-02
change-person-director-company-with-change-date
officers · CH01
2022-11-16
change-person-director-company-with-change-date
officers · CH01
2022-11-16
change-person-director-company-with-change-date
officers · CH01
2022-11-16
change-person-director-company-with-change-date
officers · CH01
2022-11-14
change-person-director-company-with-change-date
officers · CH01
2022-11-14