ADANDE AIRCELL LIMITED
Opportunity 74/100 (strong), bankability 57/100. 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 (65/100).
Refinance opportunity
7 live charges · 4 lenders · oldest 3.7y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.7 years — mid-life; refi window approaching.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2023-11-30 |
|---|---|
| Average employees | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
Corporate timeline (36 events)Click to expand
- 2025-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-30➖BELL, Nigel resigneddirector
- 2025-04-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-16➖PALMAN, Mark resigneddirector
- 2024-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-28➕PALMAN, Mark appointeddirector
- 2023-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-09➕BARKER, Timothy James Scruby appointeddirector
- 2022-11-09➕HODGSON, Karl appointeddirector
- 2022-11-09➕YOUNG, George Robert appointeddirector
- 2022-10-12📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-21🔒Charge registered #7Lender: Birmingham City Council
- 2022-09-21🔒Charge registered #6Lender: Tim Barker (As Trustee)
- 2022-09-21🔒Charge registered #5Lender: Tim Barker (As Trustee)
- 2022-09-21🔒Charge registered #4Lender: Tim Barker (As Trustee)
- 2022-09-21🔒Charge registered #3Lender: Tim Barker (As Trustee)
- 2022-09-21🔒Charge registered #2Lender: Ocarina Investments Limited
- 2022-09-21🔒Charge registered #1Lender: Edward Barlow
- 2021-07-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-02-13🏢Company incorporatedAs ADANDE AIRCELL LIMITED
- 2019-02-13➕WOOD, Ian David appointeddirector
- 2019-02-13➕BELL, Nigel appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Applied Design And Engineering is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Applied Design And Engineering Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/02/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Manufacturing · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A B CREATIVE DESIGNS LTD→ 08585817 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A.C.BACON ENGINEERING LIMITED→ 00711612 · est 1961 · no financials extracted | — | — | — | — | 64y | — | — |
| ACTION FOR SWIFTS TRADING LTD→ 13945985 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADANDE REFRIGERATION LIMITED→ 10719443 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADG OILFIELD SERVICES LIMITED→ 09222482 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AERO LUFF SPARS LTD→ 11911888 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AERO STANDARD LIMITED→ 16238287 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AEROMARIO LTD→ 10537723 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AGRI CONTROLS LTD→ 12138091 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGRIDO LTD→ 15109380 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGRIELEC LTD→ 12220902 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGRIFLOW SOLUTIONS LTD→ 16646615 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 →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
Registered office
Filing status
Officers (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Birmingham City Council | A registered charge | — | 21/09/2022 | — | |
| outstanding | Tim Barker (As Trustee) / George Young (As Trustee) | A registered charge | 1 property | 21/09/2022 | — | |
| outstanding | Tim Barker (As Trustee) / Jeff Archer (As Trustee) | A registered charge | 1 property | 21/09/2022 | — | |
| outstanding | Tim Barker (As Trustee) / George Young (As Trustee) | A registered charge | 1 property | 21/09/2022 | — | |
| outstanding | Tim Barker (As Trustee) / Jeff Archer (As Trustee) | A registered charge | 1 property | 21/09/2022 | — | |
| outstanding | Ocarina Investments Ocarina Investments Limited | A registered charge | 1 property | 21/09/2022 | — | |
| outstanding | Edward Barlow | A registered charge | 1 property | 21/09/2022 | — |