CompanyTrack
A

ADARMA LIMITED

Dissolved Glasgow

Information technology consultancy activities

324 employees Website
Information technology consultancy activities
A

ADARMA LIMITED

Information technology consultancy activities

Founded 5 Mar 2012 Dissolved Glasgow, United Kingdom 324 employees adarma.com
Information technology consultancy activities
Accounts Submitted 29 Jan 2025
Confirmation Statement Submitted 18 Mar 2025
Net assets £15.22M £80.50K 2023 year on year
Total assets £24.85M £4.30M 2023 year on year
Total Liabilities £9.63M £4.22M 2023 year on year
Charges 6
6 outstanding

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Contact & Details

Registered Address

C/O Interpath Ltd 5th Floor, 130 St. Vincent Street Glasgow G2 5HF

Office (Edinburgh)

3rd floor, One Edinburgh Quay, 133 Fountainbridge, Edinburgh EH3 9QG

Website

adarma.com

Credit Report

Discover ADARMA LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£2.20M

Decreased by £1.92M (-47%)

Net Assets

£15.22M

Decreased by £80.50k (-1%)

Total Liabilities

£9.63M

Decreased by £4.22M (-30%)

Turnover

£44.74M

Decreased by £2.67M (-6%)

Employees

324

Decreased by 8 (-2%)

Debt Ratio

39%

Decreased by 9 (-19%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 1,275 Shares £45k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
23 May 2019205£205£1
10 Jun 201670£44k£630
27 Sept 20121,000£1k£1

Officers

Officers

2 active 11 resigned
Status
Christopher Lee ShawDirectorBritishUnited Kingdom5927 Aug 2024Active
Christopher Paul LeaDirectorBritishScotland5913 Jan 2025Active

Shareholders

Shareholders (9)

Project Excalibur Bidco Limited
59.4%
1,3175 Mar 2020
Project Excalibur Bidco Limited
40.6%
9005 Mar 2020
Paul Thomson
0.0%
05 Mar 2020

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Project Excalibur Bidco Limited

United Kingdom

Active
Notified 23 May 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Nathan Dornbrook

Ceased 23 May 2019

Ceased

Edward Young

Ceased 23 May 2019

Ceased

Group Structure

Group Structure

PROJECT EXCALIBUR BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PROJECT EXCALIBUR MIDCO 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PROJECT EXCALIBUR MIDCO 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PROJECT EXCALIBUR TOPCO LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent, appoint/remove directors
LIVINGBRIDGE EP LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership, appoint/remove members limited liability partnership
LIVINGBRIDGE GENERAL PARTNER LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership, appoint/remove members limited liability partnership
LIVINGBRIDGE GROUP LLP united kingdom
ADARMA LIMITED Current Company
VACTA LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, voting rights 75 to 100 percent as firm

Charges

Charges

6 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
11 Sept 2025InsolvencyLiquidation In Administration Notice Deemed Approval Of Proposals ScotlandView(3 pages)
22 Aug 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached ScotlandView(9 pages)
22 Aug 2025InsolvencyLiquidation In Administration Notice Administrators Proposals ScotlandView(37 pages)
18 Jul 2025AddressChange Registered Office Address Company With Date Old Address New AddressView(3 pages)
18 Jul 2025InsolvencyLiquidation In Administration Appointment Of Administrator ScotlandView(5 pages)
11 Sept 2025 Insolvency

Liquidation In Administration Notice Deemed Approval Of Proposals Scotland

22 Aug 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

22 Aug 2025 Insolvency

Liquidation In Administration Notice Administrators Proposals Scotland

18 Jul 2025 Address

Change Registered Office Address Company With Date Old Address New Address

18 Jul 2025 Insolvency

Liquidation In Administration Appointment Of Administrator Scotland

Recent Activity

Latest Activity

Liquidation In Administration Notice Deemed Approval Of Proposals Scotland

5 months ago on 11 Sept 2025

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

5 months ago on 22 Aug 2025

Liquidation In Administration Notice Administrators Proposals Scotland

5 months ago on 22 Aug 2025

Change Registered Office Address Company With Date Old Address New Address

7 months ago on 18 Jul 2025

Liquidation In Administration Appointment Of Administrator Scotland

7 months ago on 18 Jul 2025