ADES FINANCE LLP

💤Zombieactive
OC364421 · llp · incorporated 2011-05-09
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 May 2025
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. 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 (58/100).

Data confidence

Overall: medium (66/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 0 with DOB)
70
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
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 · accounting standard unknown
Metric2025-05-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-22
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2025-02-05
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2025-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-08-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2024-02-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-06-05
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2023-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-11-24
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  12. 2022-05-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  13. 2022-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-06-07
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  15. 2021-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-05-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2020-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-05-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2019-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-06-11
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC01
  21. 2018-06-11
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  22. 2018-06-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  23. 2018-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2017-05-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2017-05-09
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  26. 2011-05-09
    🏢
    Company incorporated
    As ADES FINANCE LLP
  27. 2011-05-09
    EURO DEVELOPMENT S,A, appointed
    corporate-llp-designated-member
  28. 2011-05-09
    SOLO FINANCE MANAGEMENT S.A. appointed
    corporate-llp-designated-member

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-23

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Usman-Denis Umatgeriev
Individual · Russian · DOB 10/1994 · age 32
sig. influencesignificant influence01/01/2017
1 historic (ceased) PSC
  • Mr Suleyman Umatgerievceased 01/01/2017· significant influence

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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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.

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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
Typellp
Incorporated2011-05-09
Jurisdictionengland-wales
Primary SIC

Registered office

Suite 7056 128 Aldersgate Street
Barbican
London
EC1A 4AE
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-23OVERDUE
Last: 2025-05-09

Officers (2 active · 0 resigned)

EURO DEVELOPMENT S,A,
corporate-llp-designated-member · appointed 2011-05-09
View their other companies + combined net worth →
Active
SOLO FINANCE MANAGEMENT S.A.
corporate-llp-designated-member · appointed 2011-05-09
View their other companies + combined net worth →
Active

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

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-07-22
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-06
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-08-09
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
accounts-with-accounts-type-dormant
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-08