ADG DISTRIBUTION LTD

🌱Startupactive
15857904 · ltd · incorporated 2024-07-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 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
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-10-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-10-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-07-25
    🏢
    Company incorporated
    As ADG DISTRIBUTION LTD
  5. 2024-07-25
    DIRGINCIUS, Arminas appointed
    director
  6. 2024-07-25
    DIRGINCIUS, Darius appointed
    director
  7. 2024-07-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Arminas Dirgincius
Individual · Lithuanian · DOB 09/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest · firm interest25/07/2024

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-07-25
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520

Registered office

54 Ebenezer Street
Birmingham
West Midlands
B70 0PF
United Kingdom

Filing status

Accounts
Next due: 2026-04-25OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24

Officers (2 active · 0 resigned)

DIRGINCIUS, Arminas
director · ~30y · appointed 2024-07-25
View their other companies + combined net worth →
Active
DIRGINCIUS, Darius
director · ~50y · appointed 2024-07-25
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-26
gazette-notice-compulsory
gazette · GAZ1
2025-10-14
incorporation-company
incorporation · NEWINC
2024-07-25