AD-AG-FAMILY LIMITED

💤Zombieactive
13916461 · ltd · incorporated 2022-02-15
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
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Turnover
year to Feb 2025
Net worth
£100
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Wholesale of textiles
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
Current Assets
£100
Current Liabilities
£0£20£40£60£80£100Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-21
Total assets£100
Current assets£100
Debtors£100
Net assets£100

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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-04-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-01-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-06-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2022-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-06-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-02-15
    🏢
    Company incorporated
    As AD-AG-FAMILY LIMITED
  12. 2022-02-15
    ARMAND, David appointed
    secretary
  13. 2022-02-15
    ARMAND, David appointed
    director
  14. 2022-02-15
    📄
    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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Armand
Individual · French · DOB 06/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest · firm interest15/02/2022

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2022-02-15
Jurisdictionengland-wales
Primary SIC46410 — Wholesale of textiles

Registered office

128 City Road
London
EC1V 2NX
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-28OVERDUE
Last: 2025-02-14

Officers (2 active · 0 resigned)

ARMAND, David
secretary · appointed 2022-02-15
View their other companies + combined net worth →
Active
ARMAND, David
director · ~48y · appointed 2022-02-15
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-26
accounts-with-accounts-type-dormant
accounts · AA
2025-12-31
accounts-with-accounts-type-dormant
accounts · AA
2025-06-19
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
gazette-notice-compulsory
gazette · GAZ1
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-dormant
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
change-person-secretary-company-with-change-date
officers · CH03
2022-06-14
change-person-director-company-with-change-date
officers · CH01
2022-06-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-10
incorporation-company
incorporation · NEWINC
2022-02-15