ADG STOCKS LTD

💤Zombieactive
14577186 · ltd · incorporated 2023-01-08
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 Apr 2026
Net worth
£55.9k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 85320Technical and vocational secondary education
Investor take
Special-situation opportunity
Distressed retail 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 (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
Network not yet resolved
30
Filing history
10 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 105 (micro)
Positive net assets
Net assets £55,905

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£56k
↑ 175% YoY
Current Assets
£68k
↑ 96% YoY
Current Liabilities
£0£14k£27k£41k£54k£68kApr 2025Apr 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2026-04-302025-04-30
Total assets£64.5k£48.7k
Current assets£67.7k£34.5k
Net assets£55.9k£20.3k

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 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-10-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2023-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-01-08
    🏢
    Company incorporated
    As ADG STOCKS LTD
  8. 2023-01-08
    GHULAM, Usman appointed
    director
  9. 2023-01-08
    📄
    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: 2026-07-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Usman Ghulam
Individual · French · DOB 10/1995 · age 31
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/01/2023

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
Incorporated2023-01-08
Jurisdictionengland-wales
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

G42 Lowry Quayside
Mediacity
Salford
M50 3AH
England

Filing status

Accounts
Next due: 2028-01-31
Last made up to: 2026-04-30
Confirmation statement
Next due: 2026-07-17OVERDUE
Last: 2025-07-03

Officers (1 active · 0 resigned)

GHULAM, Usman
director · ~31y · appointed 2023-01-08
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-11
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-10
incorporation-company
incorporation · NEWINC
2023-01-08