ADJUSTLIGHT LIMITED
🌳Matureactive
SC139599 · ltd · incorporated 1992-08-06
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 32.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56302Public houses and bars
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 32.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 32.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-19➖GRYCUK, Fiona Mackinnon resignedsecretary
- 2021-07-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-05-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-27➕RUSSELL, Gordon Iain appointeddirector
- 2021-01-27➖LAING, Thomas Fleming resigneddirector
- 2021-01-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-12-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-06-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-06-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-07-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-14➕LAING, Thomas Fleming appointeddirector
- 1995-06-30➕DOYLE, Sean Hugh appointeddirector
- 1995-06-30➕GRYCUK, Fiona Mackinnon appointedsecretary
- 1995-06-30➖MALCOLM, Connor resignedsecretary
- 1995-06-30➖FISHER, James Pringle resigneddirector
- 1995-06-30➖FISHER, Simon Pringle resigneddirector
- 1995-06-16🔓Charge satisfied #1
- 1993-12-16🔒Charge registered #2Lender: Caledonian Heritable Limited
- 1993-12-15🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1993-07-23➖DOOLAN, Andrew Peter resigneddirector
- 1993-03-01➕FISHER, James Pringle appointeddirector
- 1993-03-01➕FISHER, Simon Pringle appointeddirector
- 1992-08-17➕MALCOLM, Connor appointedsecretary
- 1992-08-17➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1992-08-17➕DOOLAN, Andrew Peter appointeddirector
- 1992-08-17➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1992-08-06🏢Company incorporatedAs ADJUSTLIGHT LIMITED
- 1992-08-06➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1992-08-06➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sean Hugh Doyle Individual · British · DOB 09/1968 · age 58 | 75–100% | — | 75-100% shares | 15/07/2016 |
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 →Similar companies
Active · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASHCOM INTERNATIONAL LIMITED→ SC311669 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ASRAA FAST FOOD LIMITED→ SC740270 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTICS APARTMENTS LTD→ SC757300 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLAS HOTELS (CAMBRIDGE) LIMITED→ SC237325 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ATLAS HOTELS (STIRLING) LIMITED→ SC156661 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| ATRIUM STUDENT ACCOMMODATION LTD→ SC732320 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AUNTY D LTD→ SC796969 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AVAILABILITY SOLUTIONS LTD→ SC706678 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AY SCOTLAND LIMITED→ SC841672 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BACCO LIMITED→ SC620609 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BAGETTE EXPRESS BATHGATE LTD→ SC818774 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BALLARO 2 LTD→ SC862962 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1992-08-06
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
46 Charlotte Square
Edinburgh
EH2 4HQ
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15
Officers (2 active · 8 resigned)
DOYLE, Sean Hugh→
Activedirector · ~58y · appointed 1995-06-30
View their other companies + combined net worth →
RUSSELL, Gordon Iain→
Activedirector · ~55y · appointed 2021-01-27
View their other companies + combined net worth →
GRYCUK, Fiona Mackinnon→
Resignedsecretary · appointed 1995-06-30 · resigned 2021-07-19
MALCOLM, Connor→
Resignedsecretary · appointed 1992-08-17 · resigned 1995-06-30
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-08-06 · resigned 1992-08-17
DOOLAN, Andrew Peter→
Resigneddirector · ~75y · appointed 1992-08-17 · resigned 1993-07-23
FISHER, James Pringle→
Resigneddirector · ~87y · appointed 1993-03-01 · resigned 1995-06-30
FISHER, Simon Pringle→
Resigneddirector · ~59y · appointed 1993-03-01 · resigned 1995-06-30
LAING, Thomas Fleming→
Resigneddirector · ~79y · appointed 2011-03-14 · resigned 2021-01-27
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1992-08-06 · resigned 1992-08-17
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Caledonian Heritable Caledonian Heritable Limited | Standard security | 1 property | 16/12/1993 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 15/12/1993 | 16/06/1995 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-dormant
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-dormant
accounts · AA
2024-03-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-dormant
accounts · AA
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-dormant
accounts · AA
2022-05-04
termination-secretary-company-with-name-termination-date
officers · TM02
2021-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-15
accounts-with-accounts-type-dormant
accounts · AA
2021-05-27
termination-director-company-with-name-termination-date
officers · TM01
2021-02-10
appoint-person-director-company-with-name-date
officers · AP01
2021-01-27