ADREM TECHNOLOGY LIMITED

💤Zombieactive
SC354523 · ltd · incorporated 2009-02-04
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
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Turnover
year to Mar 2025
Net worth
£90.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). 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: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £90,153
Net assets shrinking
Down £10,331 YoY
Cash YoY
-15%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↓ 15% YoY
Net Worth
£90k
↓ 10% YoY
Current Assets
£51k
↓ 15% YoY
Current Liabilities
£0£20k£40k£60k£80k£100kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£90.2k£100.6k
Current assets£51.3k£60.3k
Cash£49.3k£58.0k
Debtors£2.0k£2.3k
Net assets£90.2k£100.5k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-01-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-02-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-02-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2015-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-02-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2009-02-04
    🏢
    Company incorporated
    As ADREM TECHNOLOGY LIMITED
  17. 2009-02-04
    DEWAR, John Alexander Gordon appointed
    director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

98/100
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 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

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
NameSharesVoting rightsNature of controlNotified
Mr John Alexander Gordon Dewar
Individual · British · DOB 10/1952 · age 74
sig. influencesignificant influence04/02/2017

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
Incorporated2009-02-04
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Ladyhill Cottage
Bieldside
Aberdeen
AB15 9BR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (1 active · 0 resigned)

DEWAR, John Alexander Gordon
director · ~74y · appointed 2009-02-04
View their other companies + combined net worth →
Active

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-04