ADARE SEC (NOTTINGHAM) LIMITED
🌳Matureactive
10062452 · ltd · incorporated 2016-03-14
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2.17M
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 17230
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 7 lenders · oldest 10.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.1 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
24 officers (7 active, 24 linked, 22 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,171,000
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£2.2m
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £2.17M |
| Net assets | £2.17M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (79 events)Click to expand
- 2026-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-19➖STRONG, Anthony John resigneddirector
- 2025-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-14📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-20➕RUGHANI, Mitul Jay appointedsecretary
- 2025-03-20➖JERNAS, Marcin resigneddirector
- 2025-03-20➖JERNAS, Pawel resigneddirector
- 2025-02-12📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2025-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-23➕KEEGAN, Nicholas appointeddirector
- 2024-12-23➕WALSH, Christopher James, Mr. appointeddirector
- 2024-12-23➕WOODS, Shane William Joseph appointeddirector
- 2024-12-23➖GHYSEN, Samantha Jayne resignedsecretary
- 2024-12-23➕JERNAS, Marcin appointeddirector
- 2024-12-23➕JERNAS, Pawel appointeddirector
- 2024-12-23➖JOHNSON, Simon Christopher resigneddirector
- 2024-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01➖ROWAN, Allan resigneddirector
- 2022-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-30➕HERD, Andrew David appointeddirector
- 2022-06-30➕ROWAN, Allan appointeddirector
- 2022-03-30➖DE HAAN, Peter Charles resigneddirector
- 2021-11-23🔓Charge satisfied #8
- 2021-11-23🔓Charge satisfied #7
- 2021-11-23🔓Charge satisfied #6
- 2021-11-01➕SAVAGE, Hayden John appointeddirector
- 2021-11-01➕GHYSEN, Samantha Jayne appointedsecretary
- 2021-11-01➕DE HAAN, Peter Charles appointeddirector
- 2021-11-01➕JOHNSON, Simon Christopher appointeddirector
- 2021-11-01➖NEVINS, Rachael Rebecca resigneddirector
- 2021-11-01➕STRONG, Anthony John appointeddirector
- 2020-02-12➖WOOLLEY, James Christopher Michael resigneddirector
- 2020-01-21➕DICKSON, Christian Alexander Paul appointeddirector
- 2018-11-30🔒Charge registered #8Lender: Keith Graver, Neil Hainsworth and Capital Cranfield Pension Trustees Limited as Trustees of the Halcyon Business Solutions Pension Scheme
- 2018-10-31➕WOOLLEY, James Christopher Michael appointeddirector
- 2018-10-09➖SLEE, Richard Peter resigneddirector
Showing most recent 50 of 79 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Adare Sec Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adare Sec Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADARE SEC (NOTTINGHAM) LIMITED
This company · 10062452
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Adare Sec Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/03/2017 |
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 · Manufacturing · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01767168 LIMITED→ 01767168 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 02584243 LIMITED→ 02584243 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| 1 CLOTHING STYLE LTD→ 16812939 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10ZIG TECHNOLOGY LIMITED→ 05601056 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 13 AMP LIMITED→ 01902690 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| 1911INK LTD→ 13755760 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST CALL SERVICE (UK) LTD→ 07025572 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 21ST CENTURY TECHNOLOGY LIMITED→ 10896440 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 23 FOXES LTD→ 16236280 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2B FIRE LIMITED→ 12296007 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3 PYRAMIDS GROUP LTD→ 16139890 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 365 MANUFACTURING LTD→ 14573847 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2016-03-14
Jurisdictionengland-wales
Primary SIC17230 — SIC 17230
Registered office
133 Scudamore Road
Braunstone Frith Industrial Estate
Leicester
LE3 1UQ
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13
Officers (7 active · 17 resigned)
RUGHANI, Mitul Jay→
Activesecretary · appointed 2025-03-20
View their other companies + combined net worth →
DICKSON, Christian Alexander Paul→
Activedirector · ~58y · appointed 2020-01-21
View their other companies + combined net worth →
HERD, Andrew David→
Activedirector · ~57y · appointed 2022-06-30
View their other companies + combined net worth →
KEEGAN, Nicholas→
Activedirector · ~38y · appointed 2024-12-23
View their other companies + combined net worth →
SAVAGE, Hayden John→
Activedirector · ~58y · appointed 2021-11-01
View their other companies + combined net worth →
WALSH, Christopher James, Mr.→
Activedirector · ~37y · appointed 2024-12-23
View their other companies + combined net worth →
WOODS, Shane William Joseph→
Activedirector · ~50y · appointed 2024-12-23
View their other companies + combined net worth →
GHYSEN, Samantha Jayne→
Resignedsecretary · appointed 2021-11-01 · resigned 2024-12-23
BJERKLIN, Henrik→
Resigneddirector · ~53y · appointed 2016-05-04 · resigned 2016-07-21
DE HAAN, Peter Charles→
Resigneddirector · ~74y · appointed 2021-11-01 · resigned 2022-03-30
HIBBERT, Barry Alan→
Resigneddirector · ~66y · appointed 2016-04-15 · resigned 2016-07-21
JERNAS, Marcin→
Resigneddirector · ~47y · appointed 2024-12-23 · resigned 2025-03-20
JERNAS, Pawel→
Resigneddirector · ~41y · appointed 2024-12-23 · resigned 2025-03-20
JOHANSSON, Mats→
Resigneddirector · ~63y · appointed 2016-03-14 · resigned 2016-05-04
JOHNSON, Simon Christopher→
Resigneddirector · ~61y · appointed 2021-11-01 · resigned 2024-12-23
MORDT, Geoffrey Haaken Ludvig→
Resigneddirector · ~72y · appointed 2016-05-23 · resigned 2017-02-28
MUKERJI, Swagatam→
Resigneddirector · ~65y · appointed 2016-03-14 · resigned 2016-05-04
NEVINS, Rachael Rebecca→
Resigneddirector · ~59y · appointed 2017-08-10 · resigned 2021-11-01
PARSONS, Craig→
Resigneddirector · ~56y · appointed 2016-07-21 · resigned 2017-08-01
ROWAN, Allan→
Resigneddirector · ~50y · appointed 2022-06-30 · resigned 2022-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Keith Graver, Neil Hainsworth and Capital Cranfield Pension Trustees as Trustees of the Halcyon Business Solutions Pension Scheme Keith Graver, Neil Hainsworth and Capital Cranfield Pension Trustees Limited as Trustees of the Halcyon Business Solutions Pension Scheme | A registered charge | 1 property | 30/11/2018 | 23/11/2021 | |
| satisfied | Endless as Security Trustee Endless LLP as Security Trustee | A registered charge | — | 31/07/2017 | 23/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC as Security Trustee for the Secured Parties | A registered charge | 1 property | 31/07/2017 | 23/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC as Security Trustee for the Secured Parties (Security Agent) | A registered charge | 1 property | 19/10/2016 | 30/08/2017 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 19/10/2016 | 30/08/2017 | |
| satisfied | Endless (As Security Trustee) Endless LLP (As Security Trustee) | A registered charge | — | 21/07/2016 | 30/08/2017 | |
| satisfied | U.S. Bank Trustees as Security Agent U.S. Bank Trustees Limited as Security Agent | A registered charge | 1 property | 24/03/2016 | 25/07/2016 | |
| satisfied | U.S. Bank Trustees as Security Agent U.S. Bank Trustees Limited as Security Agent | A registered charge | 1 property | 24/03/2016 | 25/07/2016 |
Recent filings (94 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2026-01-06
termination-director-company-with-name-termination-date
officers · TM01
2025-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-05-14
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
appoint-person-secretary-company-with-name-date
officers · AP03
2025-03-28
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-02-07
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06