ADE GROUP LTD

💤Zombieactive
SC741766 · ltd · incorporated 2022-08-18
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 Aug 2024
Net worth
£66.4k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 1.2y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
13 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
55
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 declared
Positive net assets
Net assets £66,354
Cash YoY
+299%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£36k
↑ 299% YoY
Net Worth
£66k
↑ 64% YoY
Current Assets
£59k
↑ 15% YoY
Current Liabilities
£0£13k£27k£40k£53k£66kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£66.4k£40.4k
Current assets£58.6k£50.9k
Cash£36.2k£9.1k
Debtors£22.4k£41.9k
Net assets£66.4k£40.4k

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 change-of-name
Last 180 days
1
filing
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-02-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-05-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-02-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  6. 2025-02-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-08-18
    🏢
    Company incorporated
    As ADE GROUP LTD
  12. 2022-08-18
    DICKSON, Andrew Campbell appointed
    director
  13. 2022-08-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-26: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Campbell Dickson
Individual · Scottish · DOB 01/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/08/2022

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
Incorporated2022-08-18
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

C/O Mccreath Accountancy Phoenix House, Ground Floor Left,
Phoenix Business Park
Linwood
Renfrewshire
PA1 2BH
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 0 resigned)

DICKSON, Andrew Campbell
director · ~38y · appointed 2022-08-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge07/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
change-person-director-company-with-change-date
officers · CH01
2023-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-21
incorporation-company
incorporation · NEWINC
2022-08-18