ALTIGA LIMITED
💤Zombieactive
00444068 · ltd · incorporated 1947-10-22
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 Dec 2024
Net worth
£166.1k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 38.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 38.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £166,105
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£166k
Current Assets
£425k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £246.6k |
| Current assets | £425.0k |
| Net assets | £166.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-01-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-09-30➖SALTER, Kevin Ronald resigneddirector
- 2018-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-12-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-12-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-11-30➖HOWES, Robert William Frederick resignedsecretary
- 2017-11-30➖HOWES, Marjorie Anne resigneddirector
- 2017-11-30➖HOWES, Robert William Frederick resigneddirector
- 2017-07-01➕NINER, Susan Jane appointeddirector
- 2017-07-01➕SALTER, Kevin Ronald appointeddirector
- 2014-01-29🔓Charge satisfied #2
- 2014-01-29🔓Charge satisfied #3
- 2013-11-14➖HARVEY, John Lawrence, Mr. resigneddirector
- 2013-04-19➕HARVEY, John Lawrence, Mr. appointeddirector
- 2006-06-26🔒Charge registered #4Lender: National Westminster Bank PLC
- 1993-05-13🔓Charge satisfied #1
- 1992-09-28➖HAYCOX, Denis Harry resigneddirector
- 1991-11-27🔒Charge registered #2Lender: Yorkshire Bank PLC
- 1991-10-29🔒Charge registered #3Lender: Yorkshire Bank LTD
- 1988-03-02🔒Charge registered #1Lender: Lloyds Bank PLC
- 1947-10-22🏢Company incorporatedAs ALTIGA LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 79 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Susan Jane Niner Individual · British · DOB 07/1987 · age 39 | 25–50% | — | 25-50% shares | 01/08/2017 |
3 historic (ceased) PSCs
- Mr Kevin Ronald Salterceased 30/09/2019· 25-50% shares
- Mr Robert William Frederick Howesceased 30/11/2017· 50-75% shares
- Mrs Marjorie Anne Howesceased 30/11/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 3A'S CONSULTANTS LTD→ 15546896 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A-LINE DRAINAGE LIMITED→ 06160288 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AA BATTERY RECYCLING LIMITED→ 09815890 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED GENERATION FAIRWOOD LAKES LIMITED→ 16434955 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIR CONDITIONING AND ELECTRICAL LIMITED→ 05073155 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AIRBAG DISPOSAL (UK) LIMITED→ 04607373 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALTON ROAD AGGREGATES LIMITED→ 15920454 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMELAND REPROCESSING LTD→ 17045773 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APNA SKIP HIRE LIMITED→ 16213624 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AQUATREAT ENVIRONMENTAL PRODUCTS LTD→ 06257551 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ARABELLE MARINE UK LIMITED→ 08462333 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ARKE ENGINEERING SERVICES LIMITED→ 15360495 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Typeltd
Incorporated1947-10-22
Jurisdictionengland-wales
Primary SIC35300 — SIC 35300
Registered office
61 Somers Road Industrial Estate
Rugby
CV22 7DG
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02
Officers (1 active · 6 resigned)
NINER, Susan Jane→
Activedirector · ~39y · appointed 2017-07-01
View their other companies + combined net worth →
HOWES, Robert William Frederick→
Resignedsecretary · resigned 2017-11-30
HARVEY, John Lawrence, Mr.→
Resigneddirector · ~59y · appointed 2013-04-19 · resigned 2013-11-14
HAYCOX, Denis Harry→
Resigneddirector · ~66y · resigned 1992-09-28
HOWES, Marjorie Anne→
Resigneddirector · ~72y · resigned 2017-11-30
HOWES, Robert William Frederick→
Resigneddirector · ~77y · resigned 2017-11-30
SALTER, Kevin Ronald→
Resigneddirector · ~67y · appointed 2017-07-01 · resigned 2019-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 26/06/2006 | — | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal charge | 1 property | 27/11/1991 | 29/01/2014 | |
| satisfied | Virgin Money Yorkshire Bank LTD | Debenture | 1 property | 29/10/1991 | 29/01/2014 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 02/03/1988 | 13/05/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20