ADASTRA 111 LIMITED
💤Zombieactive
10971939 · ltd · incorporated 2017-09-20
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
ALSO REGISTERED FOR
- 65202Non-life reinsurance
Investor take
PursueActive trading company with a 82-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 8.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
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
78/100Strong
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
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-09-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-02-11📄capital-allotment-sharescapital · SH01
- 2021-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-26📄accounts-with-accounts-type-fullaccounts · AA
- 2019-06-19📄accounts-with-accounts-type-fullaccounts · AA
- 2018-05-16📄capital-allotment-sharescapital · SH01
- 2018-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-01-24🔒Charge registered #2Lender: The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's
- 2018-01-23🔒Charge registered #1Lender: The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's
- 2017-11-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-09-20🏢Company incorporatedAs ADASTRA 111 LIMITED
- 2017-09-20➕ARGENTA SECRETARIAT LIMITED appointedcorporate-secretary
- 2017-09-20➕JAMES, Stuart Campbell appointeddirector
- 2017-09-20📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Campbell James Individual · British · DOB 03/1944 · age 82 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/09/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ACTIS FORTESCUE VENTURES LIMITED→ 15992936 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTIVE BUSINESS FINANCE SOLUTIONS LIMITED→ 09140671 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACTIVE UNDERWRITING SPECIALISTS LIMITED→ 05671105 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ACTIVITIES INDUSTRY MUTUAL LIMITED→ 05372198 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ACUMEN INSURANCE SERVICES LIMITED→ 05004926 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AD VALOREM SECURITATIS LIMITED→ 13353536 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADA CORPORATE CAPITAL LIMITED→ 15958161 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAM GEORGE FINANCIAL SERVICES LIMITED→ 08959136 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ADAMIS PRINCIPLE LTD→ 10340930 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADDEPT INSURANCE SERVICES LTD→ 08107294 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADDINGSTONE INSURANCE SOLUTIONS LTD→ 06699312 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADDITIONAL SECURITIES LIMITED→ 00325101 · est 1937 · no financials extracted | — | — | — | — | 89y | — | — |
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
Incorporated2017-09-20
Jurisdictionengland-wales
Primary SIC65120 — Non-life insurance
Registered office
5th Floor 70 Gracechurch Street
London
EC3V 0XL
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17
Officers (2 active · 0 resigned)
ARGENTA SECRETARIAT LIMITED→
Activecorporate-secretary · appointed 2017-09-20
View their other companies + combined net worth →
JAMES, Stuart Campbell→
Activedirector · ~82y · appointed 2017-09-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Society by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom the Ceasing Member is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of the Ceasing Member’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable / Those to Whom the Ceasing Member is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom the Ceasing Member is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of the Ceasing Member’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable / Those to Whom the Ceasing Member is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit | A registered charge | 1 property | 24/01/2018 | — | |
| outstanding | The Society by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom a Connected Company (As Defined in the Instrument) is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of the Connected Company’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable / Those to Whom Any Connected Company is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's / All the Persons to Whom a Connected Company (As Defined in the Instrument) is or May at Any Time Before the Relevant Termination Date Become Financially Liable by Reason of Any Default in Respect of Any of the Connected Company’S Lloyd’S Obligations / (Subject Always to the Terms of Any Trust Deed and of Any Premiums Trust Deed), Those to Whom Any Losses, Claims, Expenses and Other “Permitted Trust Outgoings” Set Out in Paragraph 1 of Schedule 3 to the Premiums Trust Deed are or Become Payable / Those to Whom Any Connected Company is Obliged to Provide or Keep Fully Funded Any and Every Overseas Business Regulatory Deposit | A registered charge | 1 property | 23/01/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-18
accounts-with-accounts-type-full
accounts · AA
2025-09-16
accounts-with-accounts-type-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-full
accounts · AA
2023-09-22
accounts-with-accounts-type-full
accounts · AA
2022-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-21
capital-allotment-shares
capital · SH01
2022-02-11
accounts-with-accounts-type-full
accounts · AA
2021-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-23
accounts-with-accounts-type-full
accounts · AA
2021-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-19