ADIO STORAGE LIMITED
Opportunity 71/100 (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 (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £644 |
| Current assets | — | £2.0k |
| Net assets | — | £644 |
| Average employees | 0 | — |
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-09-01➕BACEVICIUS, Povilas appointedsecretary
- 2023-08-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-23➖PORTEOUS, Ryan Richard resigneddirector
- 2023-03-13🏢Company incorporatedAs ADIO STORAGE LIMITED
- 2023-03-13➕BACEVICIUS, Povilas appointeddirector
- 2023-03-13➕PORTEOUS, Ryan Richard appointeddirector
- 2023-03-13📄incorporation-companyincorporation · NEWINC
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Povilas Bacevicius Individual · Lithuanian · DOB 11/1990 · age 36 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 04/10/2023 |
2 historic (ceased) PSCs
- Mr Povilas Baceviciusceased 29/09/2023· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
- Mr Ryan Richard Porteousceased 23/07/2023· 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.
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 | — | — |
| ACCESS BUSINESS SERVICES (EDINBURGH) LIMITED→ SC457422 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCOUNTANCY SCOTLAND (BORDERS) LIMITED→ SC699121 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCOUNTANCY SCOTLAND (PERTH AND KINROSS) LIMITED→ SC678737 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 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 | — | — |
| ACRECOAST LIMITED→ SC238234 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ACTM HOLDINGS LIMITED→ SC555738 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACUMEN (SCOTLAND) LIMITED→ SC238211 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ADAM ADVISORY ASSOCIATES LIMITED→ SC772472 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADD ACCOUNTING SOLUTIONS LIMITED→ SC575625 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.