ADONSTAR (UK) LLP

💤Zombieactive
OC313829 · llp · incorporated 2005-06-22
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 18.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (68/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees5300

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

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (55 events)Click to expand
  1. 2025-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2025-04-25
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  4. 2024-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-26
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  6. 2024-07-10
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  7. 2024-06-27
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-07-04
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2022-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-06-23
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2022-03-15
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  13. 2022-03-15
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  14. 2022-03-15
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  15. 2022-03-15
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  16. 2022-03-10
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  17. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-07-14
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2021-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-08-24
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  21. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-09-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  23. 2019-09-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  24. 2019-09-13
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  25. 2019-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  26. 2018-12-04
    ➖
    WALSH, Andrea resigned
    llp-member
  27. 2017-12-15
    🔓
    Charge satisfied #5
  28. 2017-12-15
    🔓
    Charge satisfied #1
  29. 2017-12-01
    🔓
    Charge satisfied #7
  30. 2017-12-01
    🔓
    Charge satisfied #6
  31. 2017-12-01
    🔓
    Charge satisfied #4
  32. 2017-12-01
    🔓
    Charge satisfied #3
  33. 2017-12-01
    🔓
    Charge satisfied #2
  34. 2017-11-07
    🔒
    Charge registered #11
    Lender: Svenska Handelsbanken Ab (Publ)
  35. 2017-10-13
    🔒
    Charge registered #10
    Lender: Svenska Handelsbanken Ab (Publ)
  36. 2017-10-13
    🔒
    Charge registered #9
    Lender: Svenska Handelsbanken Ab (Publ)
  37. 2017-10-13
    🔒
    Charge registered #8
    Lender: Svenska Handelsbanken Ab (Publ)
  38. 2016-03-16
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  39. 2014-03-10
    🔒
    Charge registered #6
    Lender: Lloyds Bank PLC
  40. 2012-02-09
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  41. 2010-10-26
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  42. 2008-01-23
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  43. 2008-01-18
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  44. 2008-01-08
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  45. 2007-05-08
    ➕
    WALSH, Andrea appointed
    llp-member
  46. 2007-04-08
    ➕
    SNAPE, Gail Adrienne appointed
    llp-member
  47. 2007-04-08
    ➕
    WALLIS, Jean appointed
    llp-member
  48. 2005-06-22
    🏢
    Company incorporated
    As ADONSTAR (UK) LLP
  49. 2005-06-22
    ➕
    BREARLEY, Anthony Eric appointed
    llp-designated-member
  50. 2005-06-22
    ➕
    SNAPE, Peter Keith appointed
    llp-designated-member
Showing most recent 50 of 55 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Similar companies

Active · same sector · BB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
00337762 LIMITED→
00337762 · est 1938 · no financials extracted
————88y——
0282 CIC→
10721117 · est 2017 · no financials extracted
————9y——
1 - BRIDGE LTD→
12044781 · est 2019 · no financials extracted
————6y——
115GUYS LTD→
14816901 · est 2023 · no financials extracted
————2y——
140 CANTONESE KITCHEN LTD→
16494216 · est 2025 · no financials extracted
———————
1823 DEUS LTD→
16621787 · est 2025 · no financials extracted
———————
1KSW LIMITED→
11781379 · est 2019 · no financials extracted
————7y——
1RXN LTD→
14541702 · est 2022 · no financials extracted
————3y——
1ST VETERANS' RETREAT LTD→
15760621 · est 2024 · no financials extracted
————1y——
21DIGITAL LIMITED→
04891301 · est 2003 · no financials extracted
————22y——
21ST CENTURY HOLDINGS LTD→
10665884 · est 2017 · no financials extracted
————9y——
24/7 ROADSIDE RECOVERY LTD→
14613130 · est 2023 · no financials extracted
————3y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Typellp
Incorporated2005-06-22
Jurisdictionengland-wales
Primary SIC—

Registered office

C/O Pm+M New Century House
Greenbank Technology Park, Challenge Way
Blackburn
Lancashire
BB1 5QB
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-06
Last: 2025-06-22

Officers (5 active · 3 resigned)

BREARLEY, Anthony Eric→
llp-designated-member · ~77y · appointed 2005-06-22
View their other companies + combined net worth →
Active
SNAPE, Peter Keith→
llp-designated-member · ~75y · appointed 2005-06-22
View their other companies + combined net worth →
Active
WALSH, John Patrick→
llp-designated-member · ~62y · appointed 2005-06-22
View their other companies + combined net worth →
Active
SNAPE, Gail Adrienne→
llp-member · ~66y · appointed 2007-04-08
View their other companies + combined net worth →
Active
WALLIS, Jean→
llp-member · ~79y · appointed 2007-04-08
View their other companies + combined net worth →
Active
WATERLOW NOMINEES LIMITED→
corporate-llp-designated-member · appointed 2005-06-22 · resigned 2005-06-22
Resigned
WATERLOW SECRETARIES LIMITED→
corporate-llp-designated-member · appointed 2005-06-22 · resigned 2005-06-22
Resigned
WALSH, Andrea→
llp-member · ~58y · appointed 2007-05-08 · resigned 2018-12-04
Resigned

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

Mortgages & charges

11
Total charges
4
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property07/11/2017—
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property13/10/2017—
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property13/10/2017—
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge1 property13/10/2017—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property16/03/201601/12/2017
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties10/03/201401/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property09/02/201215/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property26/10/201001/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property23/01/200801/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property18/01/200801/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed2 properties08/01/200815/12/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-07-09
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2025-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-18
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-09-26
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-08
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-06-23
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-03-15
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-03-15
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-03-15
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-03-15