ADAMANTINE GROUP LTD

💤Zombieactive
12379350 · ltd · incorporated 2019-12-30
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 Dec 2024
Net worth
£937
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 69203Tax consultancy
  • 70221Financial management
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £937
Net assets shrinking
Down £186 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£937
↓ 17% YoY
Current Assets
£88
↓ 13% YoY
Current Liabilities
£0£225£449£674£898£1kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£937£1.1k
Current assets£88£101
Net assets£937£1.1k

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
7
filings
  • 4 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-01-15
    KANG, Li resigned
    director
  4. 2026-01-12
    KANG, Zimin appointed
    director
  5. 2026-01-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2026-01-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-12-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-12-15
    KANG, Li appointed
    director
  10. 2025-12-15
    PHILLIPSON, Michael resigned
    director
  11. 2025-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2025-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2025-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2025-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2023-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2021-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-12-30
    🏢
    Company incorporated
    As ADAMANTINE GROUP LTD
  20. 2019-12-30
    PHILLIPSON, Michael appointed
    director
  21. 2019-12-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KANG, Li resigned 2026-01-15; PHILLIPSON, Michael resigned 2025-12-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Li Kang
Individual · British · DOB 06/1979 · age 47
75100%
75-100% shares15/12/2025
1 historic (ceased) PSC
  • Mr Michael Phillipsonceased 15/12/2025· 75-100% shares · 75-100% voting · board control

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 →
🔒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.

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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
Typeltd
Incorporated2019-12-30
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Suit A 82 James Carter Road
Mildenhall
Bury St. Edmunds
IP28 7DE
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (1 active · 2 resigned)

KANG, Zimin
director · ~76y · appointed 2026-01-12
View their other companies + combined net worth →
Active
KANG, Li
director · ~47y · appointed 2025-12-15 · resigned 2026-01-15
Resigned
PHILLIPSON, Michael
director · ~47y · appointed 2019-12-30 · resigned 2025-12-15
Resigned

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

Recent filings (21 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-21
appoint-person-director-company-with-name-date
officers · AP01
2026-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-21
appoint-person-director-company-with-name-date
officers · AP01
2025-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-05
change-person-director-company-with-change-date
officers · CH01
2025-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-24