ADASHIRE LIMITED
🌿Early-stageactive
13485683 · ltd · incorporated 2021-06-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
- 47910Retail sale via mail order houses or via Internet
- 62012Business and domestic software development
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 62/100 (worth a look), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 100 | 100 |
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
2
filings
- • 1 gazette
- • 1 dissolution
Last 180 days
5
filings
- • 2 persons-with-significant-control
- • 1 gazette
- • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-04-08📄dissolution-application-strike-off-companydissolution · DS01
- 2026-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-10➕SAHIN, Nuray appointeddirector
- 2022-05-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-03✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-06-30🏢Company incorporatedAs ADASHIRE LIMITED
- 2021-06-30➕SAHIN, Murat appointeddirector
- 2021-06-30📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-24
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Nuray Sahin Individual · Turkish · DOB 04/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/03/2026 |
Mr Murat Sahin Individual · Turkish · DOB 06/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/06/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CLASS MEAT LTD→ 15854594 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 8 & SAFE LIMITED→ 12724387 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE KITCHEN PROJECTS LIMITED→ 17024151 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACME STEEL AND METALS LIMITED→ 10556432 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACORN 1985 LIMITED→ 11571157 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADANALI LIMITED→ 10773271 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADDLINK TECHNOLOGY (UK) CO., LTD.→ 11780776 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADMEDIEN NETWORK LTD→ 16759450 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADMINISTRATIVE SUPPORT FOR YOU LTD→ 15967978 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCE GLOBAL COMMUNICATION LIMITED→ 15035999 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED JIG SOLUTIONS LTD→ 15416401 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED TECH TRADE LTD→ 08983839 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-06-30
Jurisdictionengland-wales
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.
Registered office
17 Green Lanes
London
N16 9BS
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-24OVERDUE
Last: 2025-05-10
Officers (2 active · 0 resigned)
SAHIN, Murat→
Activedirector · ~55y · appointed 2021-06-30
View their other companies + combined net worth →
SAHIN, Nuray→
Activedirector · ~54y · appointed 2022-05-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (20 total)
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-23
change-person-director-company-with-change-date
officers · CH01
2024-07-03
change-person-director-company-with-change-date
officers · CH01
2024-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15