ADORX THERAPEUTICS LIMITED

🏛️Establishedactive
SC558719 · ltd · incorporated 2017-02-24
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.
Why now
Window closing · high confidence
Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.
  • · Hygiene score: 70 → 90
  • · Opportunity score: 64 → 72
  • · Bankability: 75 → 85
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.4y old — refinance window within 12 months
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • Opportunity score: 6472
  • Hygiene score: 7090
  • Bankability: 7585
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Research and experimental development on biotechnology
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 8.4y

95/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 8.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (75/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £89,415

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-28
Profit before tax£89.4k
Average employees0

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

🔒Filing-note intelligence

1 signal 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 (29 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-12-20
    📄
    memorandum-articles
    incorporation · MA
  4. 2023-12-20
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2023-11-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-03-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2023-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2023-03-21
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  9. 2023-03-21
    📄
    legacy
    capital · SH20
  10. 2023-03-21
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2023-03-21
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2023-03-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2023-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-02-21
    SIRINAKIS, Kyparissia Katie appointed
    director
  17. 2023-02-21
    ROPER, Elizabeth Ann resigned
    director
  18. 2023-02-09
    📄
    capital-allotment-shares
    capital · SH01
  19. 2022-11-15
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-11-15
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2022-11-15
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  22. 2022-11-15
    📄
    memorandum-articles
    incorporation · MA
  23. 2022-09-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 2018-03-19
    🔓
    Charge satisfied #1
  25. 2018-03-09
    MISCAMPBELL, Ian appointed
    director
  26. 2018-01-22
    🔒
    Charge registered #1
    Lender: Epidarex Capital Ii, LP
  27. 2017-02-24
    🏢
    Company incorporated
    As ADORX THERAPEUTICS LIMITED
  28. 2017-02-24
    FINAN, Peter Michael, Dr appointed
    director
  29. 2017-02-24
    ROPER, Elizabeth Ann appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-03-21: legacy

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Crt Pioneer Gp Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Epidarex Capital Partners Limited
Corporate parent · holds 50-75% shares · board control
majority
ADORX THERAPEUTICS LIMITED
This company · SC558719

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Epidarex Capital Partners Limited
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control24/02/2017
Crt Pioneer Gp Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting09/03/2018

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

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
Typeltd
Incorporated2017-02-24
Jurisdictionscotland
Primary SIC72110 — Research and experimental development on biotechnology

Registered office

137a George Street
Edinburgh
EH2 4JY

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24

Officers (3 active · 1 resigned)

FINAN, Peter Michael, Dr
director · ~59y · appointed 2017-02-24
View their other companies + combined net worth →
Active
MISCAMPBELL, Ian
director · ~64y · appointed 2018-03-09
View their other companies + combined net worth →
Active
SIRINAKIS, Kyparissia Katie
director · ~61y · appointed 2023-02-21
View their other companies + combined net worth →
Active
ROPER, Elizabeth Ann
director · ~52y · appointed 2017-02-24 · resigned 2023-02-21
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Epidarex Capital Ii, LP
A registered charge22/01/201819/03/2018

Recent filings (49 total)

accounts-with-accounts-type-full
accounts · AA
2025-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-full
accounts · AA
2024-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-20
memorandum-articles
incorporation · MA
2023-12-20
resolution
resolution · RESOLUTIONS
2023-12-20
accounts-with-accounts-type-small
accounts · AA
2023-11-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-03-21
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2023-03-21
legacy
capital · SH20
2023-03-21
legacy
insolvency · CAP-SS
2023-03-21
resolution
resolution · RESOLUTIONS
2023-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-13