AD-CHOREL MUSIC LIMITED

💤Zombieactive
SC058905 · ltd · incorporated 1975-11-07
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
£79
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pursue
Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 78). 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: high (80/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £79

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£79
Current Assets
£98k
Current Liabilities
£0£20k£39k£59k£78k£98kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£78.0k
Current assets£97.7k
Net assets£79
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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-10-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2019-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2000-12-20
    BLACKLEY, Jane appointed
    secretary
  18. 2000-12-20
    ROSS, Neil resigned
    secretary
  19. 2000-12-20
    ROSS, Barbara resigned
    director
  20. 1975-11-07
    🏢
    Company incorporated
    As AD-CHOREL MUSIC LIMITED

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 78 — succession pressure is live.

Succession & seller-readiness

85/100
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 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 50 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil Ross
Individual · Scottish · DOB 10/1948 · age 78
75100%
75-100% shares31/12/2016

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

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
Incorporated1975-11-07
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities

Registered office

Eh20 Business Centre
6 Dryden Road
Loanhead
EH20 9LZ
Scotland

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 (2 active · 2 resigned)

BLACKLEY, Jane
secretary · appointed 2000-12-20
View their other companies + combined net worth →
Active
ROSS, Neil
director · ~78y
View their other companies + combined net worth →
Active
ROSS, Neil
secretary · resigned 2000-12-20
Resigned
ROSS, Barbara
director · ~80y · resigned 2000-12-20
Resigned

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

Recent filings (99 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
change-person-director-company-with-change-date
officers · CH01
2023-03-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-05