ALDS TRADING LIMITED

🌿Early-stageactive
NI712961 · ltd · incorporated 2024-04-01
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 Apr 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (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 (73/100).

Data confidence

Overall: medium (72/100)

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 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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
Metric2025-04-30

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
3
filings
  • 2 gazette
  • 1 accounts
Last 180 days
3
filings
  • 2 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2026-03-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-02-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-12-29
    NICHOLL, Adrian appointed
    director
  7. 2024-12-29
    STEELE, Simon Alexander resigned
    director
  8. 2024-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-12-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-11-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2024-11-07
    STEELE, Simon Alexander appointed
    director
  12. 2024-11-07
    WOODS, Jeffrey James resigned
    director
  13. 2024-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-11-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2024-11-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-11-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-09-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  19. 2024-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2024-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2024-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2024-04-01
    🏢
    Company incorporated
    As ALDS TRADING LIMITED
  23. 2024-04-01
    WOODS, Jeffrey James appointed
    director
  24. 2024-04-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-07

Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-11-08: certificate-change-of-name-company; 2024-09-24: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adrian Nicholl
Individual · British · DOB 05/1963 · age 63
75100%
75-100% shares06/02/2025
2 historic (ceased) PSCs
  • Mr Simon Alexander Steeleceased 06/02/2025· 75-100% shares · 75-100% voting
  • Mr Jeffrey Woodsceased 07/11/2024· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated2024-04-01
Jurisdictionnorthern-ireland
Primary SIC45310 — SIC 45310

Registered office

Meadow House
22 East Bridge Street
Belfast
BT1 3NR
Northern Ireland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (1 active · 2 resigned)

NICHOLL, Adrian
director · ~63y · appointed 2024-12-29
View their other companies + combined net worth →
Active
STEELE, Simon Alexander
director · ~39y · appointed 2024-11-07 · resigned 2024-12-29
Resigned
WOODS, Jeffrey James
director · ~31y · appointed 2024-04-01 · resigned 2024-11-07
Resigned

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

Recent filings (19 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-07
accounts-with-accounts-type-dormant
accounts · AA
2026-03-04
gazette-notice-compulsory
gazette · GAZ1
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-06
termination-director-company-with-name-termination-date
officers · TM01
2024-12-29
appoint-person-director-company-with-name-date
officers · AP01
2024-12-29
certificate-change-of-name-company
change-of-name · CERTNM
2024-11-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-07
termination-director-company-with-name-termination-date
officers · TM01
2024-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-07
appoint-person-director-company-with-name-date
officers · AP01
2024-11-07
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-24