A D HEALTHCARE LIMITED
💤Zombieactive
SC170617 · ltd · incorporated 1996-12-13
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 Aug 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47730Dispensing chemist in specialised stores
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
12 live charges · 3 lenders · oldest 29.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
134 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 1700 | 1500 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (63 events)Click to expand
- 2025-07-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-18📄memorandum-articlesincorporation · MA
- 2024-07-15📄resolutionresolution · RESOLUTIONS
- 2024-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-04🔒Charge registered #13Lender: Hsbc UK Bank PLC
- 2024-07-04🔓Charge satisfied #12
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-07-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-07-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-07-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-07-05➕FRIEL, June appointedsecretary
- 2019-07-05➕FRIEL, June Angela appointeddirector
- 2019-07-05➖PATERSON, Keiron David resigneddirector
- 2019-07-05➖PATERSON, Roger resigneddirector
- 2019-07-05🔒Charge registered #12Lender: Keiron David Paterson
- 2019-07-05🔒Charge registered #11Lender: Hsbc UK Bank PLC
- 2019-06-24🔓Charge satisfied #1
- 2019-05-22🔓Charge satisfied #10
- 2016-12-01➕PATERSON, Roger appointeddirector
- 2013-05-09➖ORMEROD, Yvonne resigneddirector
- 2013-05-09➖SMITH, Elizabeth resigneddirector
- 2012-05-09➕ORMEROD, Yvonne appointeddirector
- 2012-05-09➕SMITH, Elizabeth appointeddirector
- 2011-11-10🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2011-10-11🔓Charge satisfied #9
- 2011-10-11🔓Charge satisfied #8
- 2011-10-11🔓Charge satisfied #7
- 2011-10-11🔓Charge satisfied #5
- 2011-10-11🔓Charge satisfied #4
- 2011-10-11🔓Charge satisfied #2
- 2011-10-11🔓Charge satisfied #3
- 2011-10-07➖DICKIE, Andrew Thaddeus resigneddirector
- 2011-10-07➕PATERSON, Keiron David appointeddirector
- 2009-04-25➖DICKIE, Elizabeth resignedsecretary
- 2005-03-30➖DUNN, Alexander resignedsecretary
- 2005-03-30➖DUNN, Alexander resigneddirector
- 2005-03-24➕DICKIE, Elizabeth appointedsecretary
- 1998-02-03🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 1997-12-22🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 1997-12-18🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 63 events
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
Keir Pharmacy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Keir Pharmacy Limited
Corporate parent · holds 75-100% shares · board control
⬇
A D HEALTHCARE LIMITED
This company · SC170617
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Keir Pharmacy Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/09/2024 |
Miss June Angela Friel Individual · British · DOB 07/1965 · age 61 | 75–100% | — | 75-100% shares · firm interest | 04/07/2019 |
1 historic (ceased) PSC
- Mr Keiron David Patersonceased 04/07/2019· 75-100% shares · firm interest
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 · Wholesale & distribution · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AANDSCORPORATEWEAR LIMITED→ SC766206 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABUNDANT LIVING LTD→ SC444947 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADAM INTERNATIONAL LTD→ SC535515 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AH TRADE SUPPLIES LTD→ SC880959 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AMG GROUP LIMITED→ SC244104 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| APEX TECH SCOTLAND LTD→ SC308520 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AVANTI BLINDS LIMITED→ SC646873 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AVTAR IMPORTS LTD→ SC826600 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BATHROOM ELEGANCE LIMITED→ SC137829 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| BEAUTY SOLUTIONS LIMITED→ SC216158 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| BELL CUSTOM LTD→ SC818738 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BESPOKE APPAREL & TEXTILE LIMITED→ SC723028 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1996-12-13
Jurisdictionscotland
Primary SIC46460 — SIC 46460
Registered office
Cairns
Bridge Of Weir Road
Kilmacolm
Renfrewshire
PA13 4NU
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31
Officers (2 active · 10 resigned)
Active
FRIEL, June Angela→
Activedirector · ~61y · appointed 2019-07-05
View their other companies + combined net worth →
DICKIE, Elizabeth→
Resignedsecretary · appointed 2005-03-24 · resigned 2009-04-25
DUNN, Alexander→
Resignedsecretary · appointed 1997-01-13 · resigned 2005-03-30
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-12-13 · resigned 1997-01-13
DICKIE, Andrew Thaddeus→
Resigneddirector · ~69y · appointed 1997-01-13 · resigned 2011-10-07
DUNN, Alexander→
Resigneddirector · ~69y · appointed 1997-01-13 · resigned 2005-03-30
ORMEROD, Yvonne→
Resigneddirector · ~47y · appointed 2012-05-09 · resigned 2013-05-09
PATERSON, Keiron David→
Resigneddirector · ~44y · appointed 2011-10-07 · resigned 2019-07-05
PATERSON, Roger→
Resigneddirector · ~83y · appointed 2016-12-01 · resigned 2019-07-05
SMITH, Elizabeth→
Resigneddirector · ~80y · appointed 2012-05-09 · resigned 2013-05-09
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1996-12-13 · resigned 1997-01-13
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
2
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 04/07/2024 | — | |
| satisfied | Keiron David Paterson | A registered charge | — | 05/07/2019 | 04/07/2024 | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 05/07/2019 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/11/2011 | 22/05/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Assignation | 1 property | 03/02/1998 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Assignation | 1 property | 22/12/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Assignation | 1 property | 18/12/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 09/06/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 09/06/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 26/05/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 20/05/1997 | 11/10/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/05/1997 | 24/06/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (134 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
memorandum-articles
incorporation · MA
2024-07-18
resolution
resolution · RESOLUTIONS
2024-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31