ADISTATE LTD

💤Zombieactive
10866243 · ltd · incorporated 2017-07-14
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 Jul 2025
Net worth
—
book net assets
Opportunity
70/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (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 (69/100)

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

Company profile
address, 2 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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-04-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-03-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-12-10
    📄
    elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
    officers · EH02
  13. 2021-05-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-04-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-04-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-07-14
    🏢
    Company incorporated
    As ADISTATE LTD
  17. 2017-07-14
    ➕
    KOSTOV, Dobri appointed
    director
  18. 2017-07-14
    📄
    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 9 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

1 low
Multiple registered office changes
low

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

Similar companies

Active · Construction · BS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3C PROPERTY DEVELOPMENTS LTD→
07774421 · est 2011 · no financials extracted
————14y——
A & E PLUMBING AND DRAINAGE LTD→
04631018 · est 2003 · no financials extracted
————23y——
A CLASS PROPERTIES LIMITED→
16574086 · est 2025 · no financials extracted
———————
A.E.HORDER(CONTRACTING)LIMITED→
00858778 · est 1965 · no financials extracted
————60y——
A.F.DREW (CONSTRUCTION) LIMITED→
00900809 · est 1967 · no financials extracted
————59y——
A&E PROPERTY SERVICES LTD→
10160418 · est 2016 · no financials extracted
————9y——
ABS SW LTD→
13846435 · est 2022 · no financials extracted
————4y——
ADAMANT DEVELOPMENTS LTD→
06411701 · est 2007 · no financials extracted
————18y——
ADC - LTD→
01510280 · est 1980 · no financials extracted
————45y——
ADEBIOPON HOME HERO LTD→
16966977 · est 2026 · no financials extracted
———————
ADEMI CONTRACTORS LTD→
14476105 · est 2022 · no financials extracted
————3y——
ADL CONSTRUCTION SOUTHWEST LTD→
12510606 · est 2020 · no financials extracted
————6y——
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
Incorporated2017-07-14
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

85 Sylvan Way
Bristol
BS9 2NA
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-25
Last: 2025-07-11

Officers (1 active · 0 resigned)

KOSTOV, Dobri→
director · ~47y · appointed 2017-07-14
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-dormant
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-18
accounts-with-accounts-type-dormant
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-dormant
accounts · AA
2023-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-11
accounts-with-accounts-type-dormant
accounts · AA
2022-04-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-10
change-person-director-company-with-change-date
officers · CH01
2021-12-10