ADAMSPUBCO LTD
🌳Matureactive
SC243929 · ltd · incorporated 2003-02-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-375.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 77/100. 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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 23.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £375,341
Cash YoY
+52%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↑ 52% YoY
Net Worth
-£375k
↓ 17% YoY
Current Assets
£28k
↑ 47% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-263.6k | £-189.1k |
| Current assets | £27.9k | £19.0k |
| Cash | £1.2k | £806 |
| Debtors | £25.8k | £18.2k |
| Net assets | £-375.3k | £-319.9k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-25➕ADAMS, Ashley Robert appointeddirector
- 2024-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-30➖ADAMS, Eric Robert resigneddirector
- 2024-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-04🔓Charge satisfied #3
- 2022-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-28🔓Charge satisfied #4
- 2022-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-06🔓Charge satisfied #1
- 2022-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-26🔓Charge satisfied #2
- 2021-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-06-01📄gazette-notice-compulsorygazette · GAZ1
- 2020-11-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-11-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-27➕INFINITY SECRETARIES LIMITED appointedcorporate-secretary
- 2019-09-23➖BRODIES SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2017-09-01➖ADAMS, Ashley Robert resigneddirector
- 2016-05-19➕ADAMS, Ashley Robert appointeddirector
- 2013-03-21🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2012-09-07➕ADAMS, Philip Cameron appointeddirector
- 2011-07-05➕BRODIES SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2011-07-05➖DAVIES WOOD SUMMERS LLP resignedcorporate-secretary
- 2007-03-15🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2006-08-01🔒Charge registered #2Lender: Scottish & Newcastle UK Limited
- 2006-05-01➕DAVIES WOOD SUMMERS LLP appointedcorporate-secretary
- 2003-03-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-02-14🏢Company incorporatedAs ADAMSPUBCO LTD
- 2003-02-14➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-02-14➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-02-14➕ADAMS, Eric Robert appointeddirector
- 2003-02-14➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-02-14➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "ADAMS" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip Cameron Adams Individual · British · DOB 10/1987 · age 39 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/11/2020 |
1 historic (ceased) PSC
- Mr Eric Robert Adamsceased 17/11/2020· 50-75% shares · 50-75% voting · board control
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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J R FACILITIES CONSULTANCY LTD→ SC544953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A JOB IN KNOCK LIMITED→ SC304240 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AE ECONOMICS LIMITED→ SC613612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AECS GRAY ENGINEERING LTD.→ SC322000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AGENTS OF DIGITAL CHANGE LTD→ SC808950 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJD CONSULTANCY SERVICES LIMITED→ SC248282 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AKADDTECH LIMITED→ SC354359 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AKB TAX LIMITED→ SC739779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAMDAR CONSULTANTS LIMITED→ SC710747 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALAN MCRITCHIE LIMITED→ SC314417 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALBEX ENGINEERING LIMITED→ SC462862 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALCHEMY ENERGY SERVICES LTD→ SC625606 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2003-02-14
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
5 Carden Place
Aberdeen
AB10 1UT
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09
Officers (3 active · 6 resigned)
INFINITY SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2019-09-27
View their other companies + combined net worth →
ADAMS, Ashley Robert→
Activedirector · ~40y · appointed 2024-09-25
View their other companies + combined net worth →
ADAMS, Philip Cameron→
Activedirector · ~39y · appointed 2012-09-07
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-02-14 · resigned 2003-02-14
BRODIES SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2011-07-05 · resigned 2019-09-23
DAVIES WOOD SUMMERS LLP→
Resignedcorporate-secretary · appointed 2006-05-01 · resigned 2011-07-05
ADAMS, Ashley Robert→
Resigneddirector · ~40y · appointed 2016-05-19 · resigned 2017-09-01
ADAMS, Eric Robert→
Resigneddirector · ~67y · appointed 2003-02-14 · resigned 2024-04-30
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-02-14 · resigned 2003-02-14
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 21/03/2013 | 28/10/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 15/03/2007 | 04/01/2023 | |
| satisfied | Scottish & Newcastle UK Scottish & Newcastle UK Limited | Floating charge | 1 property | 01/08/2006 | 26/01/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 24/03/2003 | 06/05/2022 |
Recent filings (97 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-07
appoint-person-director-company-with-name-date
officers · AP01
2024-10-03
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-04
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-28
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28