ADEVAR LIMITED
Opportunity 69/100 (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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. 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.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £6.2k | — |
| Current assets | £7.2k | — |
| Debtors | £6.2k | — |
| Net assets | £6.2k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (23 events)Click to expand
- 2025-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-22📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-10-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-22📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-11-22📄capital-name-of-class-of-sharescapital · SH08
- 2022-11-22📄resolutionresolution · RESOLUTIONS
- 2022-11-22📄memorandum-articlesincorporation · MA
- 2022-11-22📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-11-22📄legacycapital · SH20
- 2022-11-22⚠️legacyinsolvency · CAP-SS
- 2022-11-22📄resolutionresolution · RESOLUTIONS
- 2022-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-18📄capital-allotment-sharescapital · SH01
- 2022-11-16➖STYLES, Mark Wayne resigneddirector
- 2022-10-04🏢Company incorporatedAs ADEVAR LIMITED
- 2022-10-04➕VELVIN, Andrew Marcel appointeddirector
- 2022-10-04➕STYLES, Mark Wayne appointeddirector
- 2022-10-04📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-11-22: legacy
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Marcel Velvin Individual · British · DOB 10/1967 · age 59 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 04/10/2022 |
Mrs Tracey Velvin Individual · British · DOB 07/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/10/2023 |
1 historic (ceased) PSC
- Mr Mark Wayne Stylesceased 16/11/2022· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.