ADAM INTERNATIONAL TRADING LTD

💤Zombieactive
12618550 · ltd · incorporated 2020-05-22
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
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Turnover
year to May 2024
Net worth
£107.0k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 49410Freight transport by road
  • 50200SIC 50200
  • 51210SIC 51210
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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, 4 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
2 officers (1 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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £107,032

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£107k
Current Assets
£328k
Current Liabilities
£0£66k£131k£197k£262k£328kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£284.0k
Current assets£327.7k
Net assets£107.0k

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
1
filing
  • 1 gazette
Last 90 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 dissolution
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-06-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-05-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-01-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-12-13
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  9. 2024-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-05-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-05-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2023-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-03-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-01-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2020-12-31
    NUNES, Mark resigned
    secretary
  19. 2020-05-22
    🏢
    Company incorporated
    As ADAM INTERNATIONAL TRADING LTD
  20. 2020-05-22
    KENAOUI, Samech appointed
    director
  21. 2020-05-22
    NUNES, Mark appointed
    secretary
  22. 2020-05-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

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 Samech Kenaoui
Individual · Greek · DOB 11/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/05/2020

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

9 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
Incorporated2020-05-22
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-06-04
Last: 2026-05-21

Officers (1 active · 1 resigned)

KENAOUI, Samech
director · ~51y · appointed 2020-05-22
View their other companies + combined net worth →
Active
NUNES, Mark
secretary · appointed 2020-05-22 · resigned 2020-12-31
Resigned

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

Recent filings (24 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-01
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-07
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-07
default-companies-house-registered-office-address-applied
address · RP05
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-03
gazette-notice-compulsory
gazette · GAZ1
2023-05-02