ADI INSTALLATION LTD

💤Zombieactive
11902424 · ltd · incorporated 2019-03-23
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 Mar 2025
Net worth
£1.09M
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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 (79/100)

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
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
1 connected companies via shared directors
48
Filing history
27 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,086,752

Key financials

2 years extracted from filed iXBRL accounts
Cash
£635k
Net Worth
£1.1m
↑ 597% YoY
Current Assets
£2.3m
↑ 489% YoY
Current Liabilities
£0£454k£908k£1.4m£1.8m£2.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£1.09M£192.1k
Current assets£2.27M£385.2k
Cash£634.5k
Debtors£1.64M
Net assets£1.09M£155.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-02-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-02-20
    📄
    withdrawal-of-the-directors-register-information-from-the-public-register
    officers · EW01
  8. 2023-02-20
    📄
    elect-to-keep-the-directors-register-information-on-the-public-register
    officers · EH01
  9. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-04-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-04-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-03-23
    🏢
    Company incorporated
    As ADI INSTALLATION LTD
  20. 2019-03-23
    VUKAJ, Adnarin appointed
    director

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 7 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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adnarin Vukaj
Individual · Albanian · DOB 01/1993 · age 33
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/03/2019

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

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
Incorporated2019-03-23
Jurisdictionengland-wales
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

26 Station Road
Watford
WD17 1JU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22

Officers (1 active · 0 resigned)

VUKAJ, Adnarin
director · ~33y · appointed 2019-03-23
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-20
withdrawal-of-the-directors-register-information-from-the-public-register
officers · EW01
2023-02-20
elect-to-keep-the-directors-register-information-on-the-public-register
officers · EH01
2023-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-04