ADWANI AUTOGAS LTD
💤Zombieactive
SC715426 · ltd · incorporated 2021-11-18
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 Nov 2024
Net worth
£81
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £81
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£81
↑ 1925% YoY
Current Assets
£2
↓ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £48 | £4 |
| Current assets | £2 | £4 |
| Net assets | £81 | £4 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
5
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 officers
Last 180 days
5
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-03-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-04➖ADWANI, Hitesh resigneddirector
- 2026-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-03📄gazette-notice-compulsorygazette · GAZ1
- 2025-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-10-29📄gazette-notice-compulsorygazette · GAZ1
- 2024-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-02-06📄gazette-notice-compulsorygazette · GAZ1
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-18🏢Company incorporatedAs ADWANI AUTOGAS LTD
- 2021-11-18➕ADWANI, Jharna Shital appointeddirector
- 2021-11-18➕ADWANI, Hitesh appointeddirector
- 2021-11-18📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
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.
- +Founder name in company name: Company name contains director surname "ADWANI" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A F MACARTHUR CONSULTANCY LTD→ SC810187 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCOUNTANCY SOFTWARE LIMITED→ SC699198 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOUNTANTS PL LTD→ SC552385 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACGT LIMITED→ SC827482 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTM HOLDINGS LIMITED→ SC555738 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADD ACCOUNTING SOLUTIONS LIMITED→ SC575625 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADVICEWORX LTD→ SC743338 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIKENGALL COMMUNITY WIND COMPANY (HOLDINGS) LIMITED→ SC333973 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AIR QUALITY & SAFETY CONSULTING LTD→ SC632432 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ LYON LIMITED→ SC344464 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AK HERITAGE DEVELOPMENTS LIMITED→ SC839444 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AK S&T LTD→ SC846616 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-11-18
Jurisdictionscotland
Primary SIC72190 — Other research and experimental development on natural sciences and engineering
Registered office
77 New Street
Musselburgh
EH21 6DA
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (1 active · 1 resigned)
ADWANI, Jharna Shital→
Activedirector · ~40y · appointed 2021-11-18
View their other companies + combined net worth →
ADWANI, Hitesh→
Resigneddirector · ~39y · appointed 2021-11-18 · resigned 2026-03-04
Click a director name to see their full track record across all companies.
Recent filings (17 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-04
gazette-notice-compulsory
gazette · GAZ1
2026-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-26
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-30
gazette-notice-compulsory
gazette · GAZ1
2024-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-07
gazette-notice-compulsory
gazette · GAZ1
2024-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-02