ADDEX INNOVATION TECHNOLOGIES LTD

💤Zombieactive
12724467 · ltd · incorporated 2020-07-06
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 Jul 2024
Net worth
£931
book net assets
Opportunity
54/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Special-situation opportunity
Distressed other with salvageable qualities — special-situations priority.

Opportunity 54/100 (worth a look), bankability 45/100. 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). Current lenders should be on monthly review.

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, 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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £931

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£931
~ YoY
Current Assets
£931
~ YoY
Current Liabilities
£0£186£372£559£745£931Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£931£931
Current assets£931£931
Net assets£931£931

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 address
Last 180 days
2
filings
  • 1 gazette
  • 1 address
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-07-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-06-17
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  3. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-06-13
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2023-06-07
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  8. 2023-06-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  9. 2022-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-05-20
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  12. 2021-05-19
    RODRIGUEZ, Mark resigned
    secretary
  13. 2021-05-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-09-07
    ADEDIRAN, Oluwademilade appointed
    director
  15. 2020-09-07
    ADEDIRAN, Olayinka resigned
    director
  16. 2020-09-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-09-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2020-09-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-07-06
    🏢
    Company incorporated
    As ADDEX INNOVATION TECHNOLOGIES LTD
  21. 2020-07-06
    RODRIGUEZ, Mark appointed
    secretary
  22. 2020-07-06
    ADEDIRAN, Olayinka appointed
    director
  23. 2020-07-06
    📄
    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

2 high ·
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: 2026-04-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-14

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Oluwademilade Adediran
Individual · British · DOB 04/2000 · age 26
sig. influencesignificant influence07/09/2020
1 historic (ceased) PSC
  • Mrs Olayinka Adediranceased 07/09/2020· significant influence

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

Similar companies

Active · Other · CF postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
C & R DAVIES PROPERTIES LLP
OC436697 · est 2021 · no financials extracted
5y
CARE INN LTD
11644984 · est 2018 · no financials extracted
7y
CHARLOTTE RENTALS LIMITED
16156566 · est 2024 · no financials extracted
1y
CHRISTOPHER DAVID WILLETT LIMITED
15454096 · est 2024 · no financials extracted
2y
CITY MOTORS LTD.
01917962 · est 1985 · no financials extracted
40y
CLIVE ROAD MANAGEMENT COMPANY LIMITED
11482253 · est 2018 · no financials extracted
7y
CLOUDSTAR CONSULTING LTD
09663204 · est 2015 · no financials extracted
10y
CNSR LTD
12541481 · est 2020 · no financials extracted
6y
COMMERCIAL STREET 1975 LIMITED
09377738 · est 2015 · no financials extracted
11y
CONSULT CAPITAL (FIRE) LLP
OC339285 · est 2008 · no financials extracted
17y
CONSULTANCY.COOP LLP
OC352683 · est 2010 · no financials extracted
16y
CONSULTATIVE SALES & STRATEGY LLP
OC449088 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2020-07-06
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

12724467 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-05-14OVERDUE
Last: 2025-04-30

Officers (1 active · 2 resigned)

ADEDIRAN, Oluwademilade
director · ~26y · appointed 2020-09-07
View their other companies + combined net worth →
Active
RODRIGUEZ, Mark
secretary · appointed 2020-07-06 · resigned 2021-05-19
Resigned
ADEDIRAN, Olayinka
director · ~57y · appointed 2020-07-06 · resigned 2020-09-07
Resigned

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

Recent filings (23 total)

gazette-notice-compulsory
gazette · GAZ1
2026-07-07
default-companies-house-registered-office-address-applied
address · RP05
2026-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
gazette-notice-voluntary
gazette · GAZ1(A)
2023-06-13
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2023-06-07
dissolution-application-strike-off-company
dissolution · DS01
2023-06-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-14