ADAM K ELECTRICS LTD

💤Zombieactive
14098908 · ltd · incorporated 2022-05-10
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 May 2025
Net worth
£2.6k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), 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 (73/100).

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
Confirmed no charges registered
85
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
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,577

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↑ 610% YoY
Current Assets
£1k
~ YoY
Current Liabilities
£0£515£1k£2k£2k£3kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£2.3k£663
Current assets£1.2k£1.2k
Net assets£2.6k£363

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
3
filings
  • 2 gazette
  • 1 accounts
Last 180 days
3
filings
  • 2 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-05-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-11-17
    📄
    administrative-restoration-company
    restoration · RT01
  5. 2025-10-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  6. 2025-07-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-05-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2025-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2024-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-08-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-08-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-05-10
    🏢
    Company incorporated
    As ADAM K ELECTRICS LTD
  14. 2022-05-10
    KHAN, Adam appointed
    director
  15. 2022-05-10
    📄
    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 59 — 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 59. Early succession window.
  • 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: 2026-05-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adam Khan
Individual · British · DOB 09/1967 · age 59
75100%
75-100% shares10/05/2022

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 →

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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
Incorporated2022-05-10
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

61 Lothian Road
Middlesbrough
TS4 2HL
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-23OVERDUE
Last: 2025-05-09

Officers (1 active · 0 resigned)

KHAN, Adam
director · ~59y · appointed 2022-05-10
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-13
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
administrative-restoration-company
restoration · RT01
2025-11-17
gazette-dissolved-compulsory
gazette · GAZ2
2025-10-14
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-10
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-07
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
gazette-notice-compulsory
gazette · GAZ1
2023-08-01