ADARE SEC LIMITED
UnknownCompany number02814431
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
86%Top 3 buyers account for 86% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
83%Largest buyer (The Association of North East Councils Limited) represents 83% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowHigh risk
8 in 24mo8 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
6 in 24mo6 new buying relationships in last 24 months
Buyer breakdown35 buyers
Total buyers35
Top 5 concentration89%
Returning buyers29
New buyers (24 mo)6
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£91m
Contracts48
Buyers35
Contract patterns
Avg contract value£2m
Avg duration3yr 6mo
Renewal rate29%
Total contracts48
Awards by year
32022£2m
42023£1m
52024£3m
62025£78m
12026£50k