AD STORAGE LTD

💤Zombieactive
13903694 · ltd · incorporated 2022-02-09
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 Feb 2026
Net worth
book net assets
Opportunity
75/100
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: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. 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).

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, 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Feb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-02-282025-02-28

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

Recent activity

Last 30 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-12-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-01
    PARKES, Martine resigned
    director
  5. 2025-04-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-11-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-11-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-02-09
    🏢
    Company incorporated
    As AD STORAGE LTD
  10. 2022-02-09
    DEGGE, Andrew appointed
    director
  11. 2022-02-09
    PARKES, Martine appointed
    director
  12. 2022-02-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Andrew Degge
Individual · British · DOB 05/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting09/02/2022
1 historic (ceased) PSC
  • Mrs Martine Parkesceased 01/12/2025· 25-50% shares · 25-50% voting

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

Similar companies

Active · Transport & logistics · DY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3 GLOBAL SERVICES LTD
16497051 · est 2025 · no financials extracted
A5 TRUCK STOP LTD
16825394 · est 2025 · no financials extracted
AARIA TRAVELS LTD
15832233 · est 2024 · no financials extracted
1y
ABEDRIVE LTD
14492535 · est 2022 · no financials extracted
3y
ABM TAXIS LTD
13462755 · est 2021 · no financials extracted
4y
ABU DHABI LTD
14195194 · est 2022 · no financials extracted
3y
ADEK LOGISTICS LIMITED
16441324 · est 2025 · no financials extracted
ADIVAS LOGISTICS LTD
11391991 · est 2018 · no financials extracted
7y
ADRIAN COURIERS LTD
16929186 · est 2025 · no financials extracted
AFD LOGISTICS LIMITED
05681968 · est 2006 · no financials extracted
20y
AGRM LTD
14847353 · est 2023 · no financials extracted
2y
AH AUTOMOVEMENTS LIMITED
09279855 · est 2014 · no financials extracted
11y
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
Incorporated2022-02-09
Jurisdictionengland-wales
Primary SIC52103 — SIC 52103

Registered office

Unit 1 Dudley Road
Kingswinford
DY6 8XF
England

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (1 active · 1 resigned)

DEGGE, Andrew
director · ~62y · appointed 2022-02-09
View their other companies + combined net worth →
Active
PARKES, Martine
director · ~39y · appointed 2022-02-09 · resigned 2025-12-01
Resigned

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

Recent filings (12 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-12
termination-director-company-with-name-termination-date
officers · TM01
2025-12-12
accounts-with-accounts-type-dormant
accounts · AA
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-dormant
accounts · AA
2024-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-dormant
accounts · AA
2023-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
incorporation-company
incorporation · NEWINC
2022-02-09