ADDISON DIRECT LIMITED

🌿Early-stageactive
15534949 · ltd · incorporated 2024-03-01
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (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 (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
7
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 90 days
7
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
7
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-04-29
    RAVAL, Parthiv Deepak appointed
    director
  2. 2026-04-29
    OTRADOVEC, Ondres resigned
    director
  3. 2026-04-29
    WEAVER, Louis resigned
    director
  4. 2026-04-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-04-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2026-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2026-04-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2026-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-11-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2025-11-05
    OTRADOVEC, Ondres appointed
    director
  12. 2025-11-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-03-01
    🏢
    Company incorporated
    As ADDISON DIRECT LIMITED
  15. 2024-03-01
    WEAVER, Louis appointed
    director
  16. 2024-03-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

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 med · 1 low
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: OTRADOVEC, Ondres resigned 2026-04-29; WEAVER, Louis resigned 2026-04-29

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Parthiv Deepak Raval
Individual · British · DOB 03/1999 · age 27
75100%
75-100% shares29/04/2026
1 historic (ceased) PSC
  • Louis Weaverceased 29/04/2026· 75-100% shares · 75-100% voting · board control

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

8 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-03-01
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Kings House Business Centre
St. Johns Square
Wolverhampton
WV2 4DT
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 2 resigned)

RAVAL, Parthiv Deepak
director · ~27y · appointed 2026-04-29
View their other companies + combined net worth →
Active
OTRADOVEC, Ondres
director · ~58y · appointed 2025-11-05 · resigned 2026-04-29
Resigned
WEAVER, Louis
director · ~36y · appointed 2024-03-01 · resigned 2026-04-29
Resigned

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

Recent filings (12 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
appoint-person-director-company-with-name-date
officers · AP01
2026-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-29
accounts-with-accounts-type-dormant
accounts · AA
2025-11-18
appoint-person-director-company-with-name-date
officers · AP01
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-07
incorporation-company
incorporation · NEWINC
2024-03-01