ADES HOLDINGS LIMITED
💤Zombieactive
13372137 · ltd · incorporated 2021-05-03
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating
- 64209Activities of other holding companies n.e.c.
- 70100Activities of head offices
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 85/100. 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 2.7y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
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
10 connected companies via shared directors
75
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 mortgage
Last 180 days
4
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2026-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-08🔓Charge satisfied #1
- 2026-02-26📄accounts-with-accounts-type-groupaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-groupaccounts · AA
- 2024-03-06📄accounts-with-accounts-type-groupaccounts · AA
- 2023-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-10🔒Charge registered #1Lender: Morgan Lloyd Trustees Limited as Trustee of Ades Limited Pension Scheme
- 2023-03-07📄accounts-with-accounts-type-groupaccounts · AA
- 2021-05-03🏢Company incorporatedAs ADES HOLDINGS LIMITED
- 2021-05-03➕ADEDIPE, Michael Olusola appointeddirector
- 2021-05-03📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Olushola Adedipe Individual · British · DOB 03/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/05/2021 |
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 · Wholesale & distribution · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.H.P. MEDICAL SUPPLIES LTD→ 04169100 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| A&F GLOBAL SOLUTIONS LTD→ 16156841 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 PATTERN LTD→ 15819594 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABERDEEN NORTHERN SPLL LTD→ 16326694 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACIER GLOBAL LTD→ 12271099 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACTIVE ELECTRICAL SUPPLIERS LTD→ 12710647 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAIR ENTERPRISE LIMITED→ 16368096 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADALINE KITCHEN'S LTD→ 15435622 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADEBIMPE LIMITED→ 13827214 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADED CON LIMITED→ 16153994 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADES WHOLESALE (UK) LIMITED→ 10726698 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADHLERS LIMITED→ 14640199 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2021-05-03
Jurisdictionengland-wales
Primary SIC46310 — Wholesale of fruit and vegetables
Registered office
1-3 Eastmoor Street
London
SE7 8LX
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-16
Last: 2026-05-02
Officers (1 active · 0 resigned)
ADEDIPE, Michael Olusola→
Activedirector · ~58y · appointed 2021-05-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Morgan Lloyd Trustees as Trustee of Ades Pension Scheme / Michael Adedipe as Trustee of Ades Pension Scheme Morgan Lloyd Trustees Limited as Trustee of Ades Limited Pension Scheme / Michael Adedipe as Trustee of Ades Limited Pension Scheme | A registered charge | 9 properties | 10/10/2023 | 08/04/2026 |
Recent filings (13 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-19
change-person-director-company-with-change-date
officers · CH01
2026-05-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-08
accounts-with-accounts-type-group
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-group
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-group
accounts · AA
2024-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-group
accounts · AA
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
incorporation-company
incorporation · NEWINC
2021-05-03