ADEGUNLE AND SONS GROUP OF COMPANIES LIMITED

💤Zombieactive
12185778 · ltd · incorporated 2019-09-03
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 Dec 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45190SIC 45190
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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 (65/100).

Data confidence

Overall: medium (76/100)

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
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-302023-12-30

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-12-14
    ➕
    ADEGUNLE, Alaba Kafilat appointed
    secretary
  2. 2025-12-14
    ➖
    ADEGUNLE, Alaba Kafilat resigned
    director
  3. 2025-12-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  4. 2025-12-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-04-11
    ➖
    DODD, Christopher resigned
    director
  9. 2023-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-04-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-04-01
    ➕
    DODD, Christopher appointed
    director
  12. 2022-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2022-07-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2022-07-10
    ➕
    ADEGUNLE, Toluwalase appointed
    secretary
  15. 2021-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-09-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2021-09-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-09-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2021-09-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2021-05-05
    ➕
    ADEGUNLE, Babajide Adetola appointed
    director
  21. 2021-05-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2021-05-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2021-05-05
    📍
    change-sail-address-company-with-new-address
    address · AD02
  24. 2021-05-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  25. 2021-05-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2021-05-01
    ➖
    ADEGUNLE, Babajide Adetola resigned
    secretary
  27. 2021-04-20
    ➕
    ADEGUNLE, Babajide Adetola appointed
    secretary
  28. 2021-04-20
    ➖
    ADEGUNLE, Babajide Adetola resigned
    director
  29. 2020-01-10
    ➕
    ADEGUNLE, Babajide Adetola appointed
    director
  30. 2020-01-06
    ➕
    ADEGUNLE, Alaba Kafilat appointed
    director
  31. 2020-01-06
    ➖
    ADEGUNLE, Babajide Adetola resigned
    director
  32. 2019-09-03
    🏢
    Company incorporated
    As ADEGUNLE AND SONS GROUP OF COMPANIES LIMITED
  33. 2019-09-03
    ➕
    ADEGUNLE, Babajide Adetola appointed
    director

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "ADEGUNLE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Babajide Adetola Adegunle
Individual · Nigerian · DOB 11/1967 · age 59
——sig. influencesignificant influence · trust interest · firm interest20/09/2021
4 historic (ceased) PSCs
  • Mrs Alaba Kafilat Adegunleceased 20/09/2021· significant influence
  • Mr Babajide Adetola Adegunleceased 01/05/2021· significant influence · trust interest
  • Mrs Alaba Kafilat Adegunleceased 06/08/2020· significant influence
  • Mr Babajide Adetola Adegunleceased 06/01/2020· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2019-09-03
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

3 Bowfell Close
Coventry
CV5 7JF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (3 active · 5 resigned)

ADEGUNLE, Alaba Kafilat→
secretary · appointed 2025-12-14
View their other companies + combined net worth →
Active
ADEGUNLE, Toluwalase→
secretary · appointed 2022-07-10
View their other companies + combined net worth →
Active
ADEGUNLE, Babajide Adetola→
director · ~59y · appointed 2021-05-05
View their other companies + combined net worth →
Active
ADEGUNLE, Babajide Adetola→
secretary · appointed 2021-04-20 · resigned 2021-05-01
Resigned
ADEGUNLE, Alaba Kafilat→
director · ~48y · appointed 2020-01-06 · resigned 2025-12-14
Resigned
ADEGUNLE, Babajide Adetola→
director · ~59y · appointed 2020-01-10 · resigned 2021-04-20
Resigned
ADEGUNLE, Babajide Adetola→
director · ~59y · appointed 2019-09-03 · resigned 2020-01-06
Resigned
DODD, Christopher→
director · ~57y · appointed 2023-04-01 · resigned 2023-04-11
Resigned

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

Recent filings (41 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2025-12-14
termination-director-company-with-name-termination-date
officers · TM01
2025-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-dormant
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-dormant
accounts · AA
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-dormant
accounts · AA
2023-10-04
termination-director-company-with-name-termination-date
officers · TM01
2023-04-11
appoint-person-director-company-with-name-date
officers · AP01
2023-04-11
accounts-with-accounts-type-dormant
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-07
appoint-person-secretary-company-with-name-date
officers · AP03
2022-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-12