ADHLERS LIMITED

💤Zombieactive
14640199 · ltd · incorporated 2023-02-06
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
£21.0k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (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 (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 (1 active, 2 linked, 2 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
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £20,988
Net assets shrinking
Down £4,329 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£21k
↓ 17% YoY
Current Assets
£30k
↓ 22% YoY
Current Liabilities
£0£8k£15k£23k£31k£39kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£21.0k£25.3k
Current assets£29.9k£38.5k
Net assets£21.0k£25.3k

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-10
    BROWN, John resigned
    director
  3. 2025-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-03-07
    BROWN, John appointed
    director
  7. 2023-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-02-06
    🏢
    Company incorporated
    As ADHLERS LIMITED
  9. 2023-02-06
    SHAMSIEV, Aziz appointed
    director
  10. 2023-02-06
    📄
    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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Aziz Shamsiev
Individual · British · DOB 06/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/02/2023

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 →
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Company details

Statusactive
Typeltd
Incorporated2023-02-06
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Unit 1 155 Lewisham Way
London
SE14 6QP
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (1 active · 1 resigned)

SHAMSIEV, Aziz
director · ~47y · appointed 2023-02-06
View their other companies + combined net worth →
Active
BROWN, John
director · ~53y · appointed 2024-03-07 · resigned 2026-02-10
Resigned

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

Recent filings (9 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-08
appoint-person-director-company-with-name-date
officers · AP01
2024-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-22
incorporation-company
incorporation · NEWINC
2023-02-06