A D A ACQUISITIONS LIMITED
🌳Matureactive
SC264499 · ltd · incorporated 2004-03-05
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 21.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£120.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 47781
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (93/100, director aged 65). 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
3 live charges · oldest 21.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £120,281
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
~ YoY
Net Worth
£120k
~ YoY
Current Assets
£76k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £150.3k | £150.3k |
| Current assets | £76.0k | £76.0k |
| Cash | £13.5k | £13.5k |
| Debtors | £62.5k | £62.5k |
| Net assets | £120.3k | £120.3k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-19➖CCW SECRETARIES LIMITED resignedcorporate-secretary
- 2024-02-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-10📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2022-11-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-21📄change-person-director-company-with-change-dateofficers · CH01
- 2018-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2014-02-05🔓Charge satisfied #3
- 2014-02-05🔓Charge satisfied #2
- 2005-01-14🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2005-01-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-01-06🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2004-11-23➖MORGAN, Alan George Houston resignedsecretary
- 2004-11-23➕CCW SECRETARIES LIMITED appointedcorporate-secretary
- 2004-11-23➖MCLEAN, Arthur John resigneddirector
- 2004-03-05🏢Company incorporatedAs A D A ACQUISITIONS LIMITED
- 2004-03-05➕MCLEAN, Alan Norman appointeddirector
- 2004-03-05➕QUIGLEY, David James appointeddirector
- 2004-03-05➕MORGAN, Alan George Houston appointedsecretary
- 2004-03-05➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-03-05➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2004-03-05➕MCLEAN, Arthur John appointeddirector
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Norman Mclean Individual · British · DOB 06/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr David James Quigley Individual · British · DOB 12/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| 365-ONLINE (SCOTLAND) LTD→ SC616988 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3E ENGINEERING LTD→ SC673697 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3MSI LIMITED→ SC787982 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4A'S AFRICAN SHOP LTD→ SC808040 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 M'S SCOTS LTD→ SC510719 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A & B PHARMACY LTD→ SC636867 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AA PETROLEUM LIMITED→ SC807000 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AA TRONIX LTD→ SC675956 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AAE STORE CART LIMITED→ SC823332 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAF TRADERS LIMITED→ SC740411 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AAN BY SCOTT LTD→ SC660765 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AARON TOWNHEAD LTD→ SC727117 · 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
Incorporated2004-03-05
Jurisdictionscotland
Primary SIC47781 — SIC 47781
Registered office
C/O Robb Ferguson Regent Court
70 West Regent Street
Glasgow
G2 2QZ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05
Officers (2 active · 4 resigned)
MCLEAN, Alan Norman→
Activedirector · ~64y · appointed 2004-03-05
View their other companies + combined net worth →
QUIGLEY, David James→
Activedirector · ~65y · appointed 2004-03-05
View their other companies + combined net worth →
MORGAN, Alan George Houston→
Resignedsecretary · appointed 2004-03-05 · resigned 2004-11-23
CCW SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2004-11-23 · resigned 2024-02-19
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-03-05 · resigned 2004-03-05
MCLEAN, Arthur John→
Resigneddirector · ~70y · appointed 2004-03-05 · resigned 2004-11-23
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/01/2005 | 05/02/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/01/2005 | 05/02/2014 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 06/01/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-26
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-30
change-corporate-secretary-company-with-change-date
officers · CH04
2022-11-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-12