ADCL HOLDINGS LTD

🌿Early-stageactive

SC768883 · ltd · incorporated 2023-05-10

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.

Why now

Window steady · medium confidence

Mixed signals — 2 changes over 30 days, no clear direction yet.

· Deal-killer verdict: clean → high-friction
· Filings: 15 → 17

What changed my view

Last 30 days

Mixed signals in the last 30 days — 1 improved, 1 worsened.

↓Deal-killer verdict: clean → high-friction
↑Filings: 15 → 17

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 Aug 2025

Net worth

—

book net assets

Opportunity

76/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Conservative operator with a 85-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

12 connected companies via shared directors

Filing history

17 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £686,025

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-08-31	2024-08-31
Profit before tax	£686.0k	—
Average employees	70	200

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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-05-28
📄
accounts-with-accounts-type-group
accounts · AA
2025-12-04
📄
memorandum-articles
incorporation · MA
2025-12-04
📄
resolution
resolution · RESOLUTIONS
2025-05-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-15
➕
STEWART, Tracey appointed
secretary
2023-09-12
📄
memorandum-articles
incorporation · MA
2023-09-12
📄
resolution
resolution · RESOLUTIONS
2023-09-11
📄
capital-allotment-shares
capital · SH01
2023-08-23
📄
change-account-reference-date-company-current-extended
accounts · AA01
2023-05-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-10
🏢
Company incorporated
As ADCL HOLDINGS LTD
2023-05-10
➕
KENNEDY, Allan appointed
director
2023-05-10
➕
STEWART, Tracey appointed
director
2023-05-10
➕
CAMPBELL, Michael appointed
director
2023-05-10
➖
CAMPBELL, Michael resigned
director
2023-05-10
➕
KENNEDY, Colin appointed
director
2023-05-10
➖
KENNEDY, Colin resigned
director
2023-05-10
➕
KENNEDY, Stuart appointed
director
2023-05-10
➖
KENNEDY, Stuart resigned
director
2023-05-10
📄
incorporation-company
incorporation · NEWINC

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 85 — succession pressure is live.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Sandra Lavery Kennedy Individual · British · DOB 05/1943 · age 83	25–50%	25–50%	25-50% shares · 25-50% voting	10/05/2023
Allan Kennedy Individual · British · DOB 05/1941 · age 85	25–50%	25–50%	25-50% shares · 25-50% voting	10/05/2023

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 →

Similar companies

Active · Trade services · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
INTERVENTION RENTALS U.K. LIMITED→ SC571008 · est 2017	£5.11M £3.83M–£6.39M	—	—	67	8y	84	65y
ALAN MACKAY MACHINERY (FORFAR) LIMITED→ SC465072 · est 2013	£3.45M £2.58M–£4.31M	—	—	2600	12y	83	73y
AMORIM TOP SERIES SCOTLAND LIMITED→ SC623489 · est 2019	£1.15M £860.0k–£1.43M	£12.01M	—	400	7y	81	59y
INTONA LIMITED→ SC152680 · est 1994	—	—	—	1900	31y	83	75y
KIRKLEA LIMITED→ SC298107 · est 2006	—	—	£132.0k	—	20y	83	64y
OUTDOOR ACCESS TRUST FOR SCOTLAND→ SC186301 · est 1998 · no financials extracted	—	—	—	—	28y	83	79y
A.J. CRAIG & SONS (INDUSTRIAL CLEANERS) LIMITED→ SC062835 · est 1977	—	—	£9.8k	—	48y	82	65y
ARTISAN ROOFTECH LIMITED→ SC272122 · est 2004	—	—	£143.1k	—	21y	82	58y
BOYZ-ZONE LIMITED→ SC240512 · est 2002	—	—	£16.5k	—	23y	82	58y
BRIAN DAVIDSON LIMITED→ SC192636 · est 1999	—	—	—	700	27y	82	68y
CAMPHILL GROVE CARE LIMITED→ SC392819 · est 2011	—	—	£52.5k	—	15y	82	77y
D M MILNE LIMITED→ SC317362 · est 2007	—	—	£2.12M	—	19y	82	67y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2023-05-10

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Kirkton Enterprise Centre

Sir William Smith Road

Arbroath

Angus

DD11 3RD

Scotland

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2027-05-07

Last: 2026-04-23

Officers (3 active · 3 resigned)

STEWART, Tracey→

secretary · appointed 2023-09-15

View their other companies + combined net worth →

Active

KENNEDY, Allan→

director · ~85y · appointed 2023-05-10

View their other companies + combined net worth →

Active

STEWART, Tracey→

director · ~58y · appointed 2023-05-10

View their other companies + combined net worth →

Active

CAMPBELL, Michael→

director · ~67y · appointed 2023-05-10 · resigned 2023-05-10

Resigned

KENNEDY, Colin→

director · ~65y · appointed 2023-05-10 · resigned 2023-05-10

Resigned

KENNEDY, Stuart→

director · ~63y · appointed 2023-05-10 · resigned 2023-05-10

Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-group

accounts · AA

2026-05-28

confirmation-statement-with-updates

confirmation-statement · CS01

2026-04-23

memorandum-articles

incorporation · MA

2025-12-04

resolution

resolution · RESOLUTIONS

2025-12-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-05-07

confirmation-statement-with-updates

confirmation-statement · CS01

2025-04-28

confirmation-statement-with-updates

confirmation-statement · CS01

2024-05-13

appoint-person-secretary-company-with-name-date

officers · AP03

2023-09-20

memorandum-articles

incorporation · MA

2023-09-12

resolution

resolution · RESOLUTIONS

2023-09-12

capital-allotment-shares

capital · SH01

2023-09-11

change-account-reference-date-company-current-extended

accounts · AA01

2023-08-23

appoint-person-director-company-with-name-date

officers · AP01

2023-05-18

termination-director-company-with-name-termination-date

officers · TM01

2023-05-18

termination-director-company-with-name-termination-date

officers · TM01

2023-05-18