ADASTRA TEST EQUIPMENT HIRE LTD

🌱Startupactive
17085115 · ltd · incorporated 2026-03-11
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
75/100
Strong
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What this business does
Primary activity: SIC 33130
Sector: Manufacturing
ALSO REGISTERED FOR
  • 33140SIC 33140
  • 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (52/100)

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

Company profile
address, 3 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
1 filing — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 incorporation
Last 180 days
1
filing
  • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (4 events)Click to expand
  1. 2026-03-11
    🏢
    Company incorporated
    As ADASTRA TEST EQUIPMENT HIRE LTD
  2. 2026-03-11
    HANLEY, Paul Malcolm appointed
    director
  3. 2026-03-11
    HANLEY, Sheridan appointed
    director
  4. 2026-03-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 0.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
Paul Malcolm Hanley
Individual · British · DOB 08/1958 · age 68
75100%
75-100% shares11/03/2026

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
Incorporated2026-03-11
Jurisdictionengland-wales
Primary SIC33130 — SIC 33130

Registered office

45 Bateman Street
Cambridge
CB2 1NA
England

Filing status

Accounts
Next due: 2027-12-11
Last made up to:
Confirmation statement
Next due: 2027-03-24
Last:

Officers (2 active · 0 resigned)

HANLEY, Paul Malcolm
director · ~68y · appointed 2026-03-11
View their other companies + combined net worth →
Active
HANLEY, Sheridan
director · ~61y · appointed 2026-03-11
View their other companies + combined net worth →
Active

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

Recent filings (1 total)

incorporation-company
incorporation · NEWINC
2026-03-11