ADAM FAMILY ASSETS LLP

💤Zombieactive
SO304433 · llp · incorporated 2013-05-14
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 Apr 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (75/100)

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

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.7m
↓ 16% YoY
Net Worth
—
Current Assets
£1.7m
↓ 17% YoY
Current Liabilities
—
£0£411k£823k£1.2m£1.6m£2.1mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets—£10.76M
Current assets£1.70M£2.06M
Cash£1.69M£2.02M
Debtors£4.3k£25.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-30
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  3. 2025-10-29
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC01
  4. 2025-05-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  5. 2024-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-05-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-05
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-05-30
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2022-05-23
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  12. 2022-05-23
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  13. 2022-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  15. 2021-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-05-27
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2020-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-12-30
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  19. 2019-05-17
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  20. 2018-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-05-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  22. 2018-05-18
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  23. 2018-05-18
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  24. 2018-02-01
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  25. 2018-02-01
    📄
    appoint-corporate-member-limited-liability-partnership-with-appointment-date
    officers · LLAP02
  26. 2018-01-02
    ➕
    CASTLEWAY SERVICES LIMITED appointed
    corporate-llp-designated-member
  27. 2017-12-01
    ➖
    ADAM INVESTMENT COMPANY LIMITED resigned
    corporate-llp-designated-member
  28. 2017-06-16
    ➕
    ADAM, Elspeth Ann appointed
    llp-designated-member
  29. 2013-05-14
    🏢
    Company incorporated
    As ADAM FAMILY ASSETS LLP
  30. 2013-05-14
    ➕
    ADAM, Geoffrey Forbes appointed
    llp-designated-member
  31. 2013-05-14
    ➕
    ADAM INVESTMENT COMPANY LIMITED appointed
    corporate-llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Geoffrey Forbes Adam
Individual · Scottish · DOB 03/1946 · age 80
—50–75%50-75% voting06/04/2016
Mrs Elspeth Ann Adam
Individual · British · DOB 07/1951 · age 75
——control reported02/01/2018
1 historic (ceased) PSC
  • Adam Investment Company Limitedceased 01/12/2017· 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typellp
Incorporated2013-05-14
Jurisdictionscotland
Primary SIC—

Registered office

Rhymers Ha
Oakendean
Melrose
Scottish Borders
TD6 9HA

Filing status

Accounts
Next due: 2027-01-04
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14

Officers (3 active · 1 resigned)

ADAM, Elspeth Ann→
llp-designated-member · ~75y · appointed 2017-06-16
View their other companies + combined net worth →
Active
ADAM, Geoffrey Forbes→
llp-designated-member · ~80y · appointed 2013-05-14
View their other companies + combined net worth →
Active
CASTLEWAY SERVICES LIMITED→
corporate-llp-designated-member · appointed 2018-01-02
View their other companies + combined net worth →
Active
ADAM INVESTMENT COMPANY LIMITED→
corporate-llp-designated-member · appointed 2013-05-14 · resigned 2017-12-01
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-14
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2025-10-30
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC01
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-05-30
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2022-05-23
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2022-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-25