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Adam Equipment Co. Limited

01309669

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ADAM EQUIPMENT CO LTD MAIDSTONE ROAD, MILTON KEYNES, MK10 0BD
Incorporated 21/04/1977

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

28290
28290

Officers

Ms Elena Bingham

director · Since 02/07/2019

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr David Spencer Weeks

director · Since 21/02/2022

CHAIRMAN

BRITISH · WALES · Age 62

Also on 5 other boards

Mr Colin Richard Maher

director · Since 28/07/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Steven Keith Davies

director · Since 12/02/2026

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Indutrade Uk Limited

75–100% shares
75–100% votes
Appoint directors

Ellard House, Floats Road, Manchester, M23 9WB

Reg: 09287563 · England And Wales · Private Limited Company

Notified 02/05/2019

Former PSCs

Alan Storey

Ceased 02/05/2019

June Elizabeth Storey

Ceased 02/05/2019

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/02/2013Registered 16/02/2013Satisfied 20/02/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/10/2008Registered 16/10/2008Satisfied 05/11/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/10/2008Registered 16/10/2008Satisfied 05/11/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 06/08/2008Registered 15/08/2008Satisfied 20/02/2018
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satisfied

CLYDESDALE BANK PLC

Created 12/11/2007Registered 15/11/2007Satisfied 31/10/2008
charge
satisfied

CLYDESDALE BANK PLC

Created 12/11/2007Registered 15/11/2007Satisfied 31/10/2008
charge
satisfied

CLYDESDALE BANK PLC

Created 21/09/2007Registered 26/09/2007Satisfied 20/12/2008
charge
satisfied

CLYDESDALE BANK PLC

Created 29/08/2007Registered 01/09/2007Satisfied 03/01/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/12/2006Registered 03/01/2007Satisfied 30/11/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 06/08/1999Registered 20/08/1999Satisfied 30/11/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/08/1999Registered 14/08/1999Satisfied 30/11/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/03/1997Registered 02/04/1997Satisfied 15/02/2000
charge
satisfied

DENVER INSTRUMENT COMPANY

Created 15/08/1991Registered 29/08/1991Satisfied 30/06/1998
charge
satisfied

DENVER INSTRUMENT COMPANY

Created 15/08/1991Registered 29/08/1991Satisfied 26/02/1992
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/08/1991Registered 19/08/1991Satisfied 15/02/2000
charge
satisfied

LLOYDS BANK PLC

Created 06/06/1988Registered 08/06/1988Satisfied 21/09/1991
charge
satisfied

MIDLAND BANK PLC

Created 25/03/1982Registered 29/03/1982Satisfied 21/09/1991
charge
satisfied

MIDLAND BANK PLC

Created 01/10/1979Registered 10/10/1979Satisfied 30/06/1998

CompanyRankvs 283+ SIC 28290 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£878k

Working capital

Current Assets

£1.7M

Current Liabilities

£2.6M

Fixed Assets

£3.2M

Debtors

£948k

Profit After Tax

£1.4M

33avg. employees

Tax at Year End

Dividends paid£2.7M

People Costs(2021)

Wages & salaries£1.0M
NI contributions£121k

Balance Sheet

Intangible assets£77k
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£118k
20230.64-£1.3M
20221.17-£4.0M
202112.68

Derived from filed accounts. Not audited figures.