ADAMANS GROUP LTD

💤Zombieactive
12973579 · ltd · incorporated 2020-10-26
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 Oct 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 1.2y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
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
2 connected companies via shared directors
51
Filing history
19 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
77
Few red flags.
Signal strength
100
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees1100

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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-02-25
    🔒
    Charge registered #1
    Lender: Juice Ventures Limited
  4. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-09-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-11-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2022-09-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2022-01-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2022-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-01-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2020-10-26
    🏢
    Company incorporated
    As ADAMANS GROUP LTD
  16. 2020-10-26
    NORMAN, Calum James appointed
    director
  17. 2020-10-26
    📄
    incorporation-company
    incorporation · NEWINC

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 6 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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-06-14: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Calum James Norman
Individual · English · DOB 04/2001 · age 25
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/10/2020

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 →

Similar companies

Active · Retail · L postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
2 B UNITED LTD
12896342 · est 2020 · no financials extracted
5y
360 WAFFEL LTD
16237416 · est 2025 · no financials extracted
1y
AAZAM TRADING LIMITED
17049584 · est 2026 · no financials extracted
ACADEMIC DRAGON 001 LTD
15708784 · est 2024 · no financials extracted
1y
ACCESS KITCHENS NW LTD
12371336 · est 2019 · no financials extracted
6y
ACTIVE VENTURE OFFICIAL LTD
15740179 · est 2024 · no financials extracted
1y
AD MINI MARKET LTD
16505766 · est 2025 · no financials extracted
ADA LILLYS FLORIST LTD
14587454 · est 2023 · no financials extracted
3y
ADAM INNOVATION LTD
16515160 · est 2025 · no financials extracted
ADC DRUMS & PERCUSSION LTD
05102884 · est 2004 · no financials extracted
22y
ADD WINEHOUSE LTD
15113959 · est 2023 · no financials extracted
2y
ADEEL 786 LTD
16481365 · est 2025 · no financials extracted
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
Incorporated2020-10-26
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

C/O Sedulo 5th Floor Walker House
Exchange Flags
Liverpool
No
L2 3YL
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (1 active · 0 resigned)

NORMAN, Calum James
director · ~25y · appointed 2020-10-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Juice Ventures
Juice Ventures Limited
A registered charge1 property25/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
certificate-change-of-name-company
change-of-name · CERTNM
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
change-person-director-company-with-change-date
officers · CH01
2023-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-12
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-15
gazette-notice-compulsory
gazette · GAZ1
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-18