ADR ENGAGEMENT SERVICES LTD
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 8.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £81.6k | £82.1k |
| Current assets | £59.2k | £51.3k |
| Cash | — | £6.2k |
| Debtors | — | £45.1k |
| Net assets | — | £-51.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2025-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-21🔓Charge satisfied #1
- 2023-10-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-08➖FORSTER, Harriet resigneddirector
- 2020-12-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-14📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2019-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-16📄legacymiscellaneous · RP04CS01
- 2019-04-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-04-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-04-14➕FORSTER, Harriet appointeddirector
- 2017-05-19🔒Charge registered #1Lender: West of Scotland Loan Fund
- 2017-01-09🏢Company incorporatedAs ADR ENGAGEMENT SERVICES LTD
- 2017-01-09➕SHEPHERD, Stuart appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Shepherd Individual · Scottish · DOB 03/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/01/2017 |
2 historic (ceased) PSCs
- Mrs Harriet Forsterceased 08/12/2020· 25-50% shares · 25-50% voting
- Mrs Harriet Forsterceased 14/04/2018· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | West of Scotland Loan Fund | A registered charge | — | 19/05/2017 | 21/03/2024 |