ALTAI GROUP LIMITED
💤Zombieactive
00580524 · ltd · incorporated 1957-03-22
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
£-775.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 75). Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
11 live charges · 8 lenders · oldest 50.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 50.5 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
21 officers (2 active, 21 linked, 18 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £775,120
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£775k
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-775.1k | — |
| Net assets | £-775.1k | — |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (66 events)Click to expand
- 2025-01-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-19🔒Charge registered #11Lender: Lloyds Bank PLC
- 2022-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-09-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2016-10-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-08-16📄change-person-director-company-with-change-dateofficers · CH01
- 2016-08-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2013-05-15🔒Charge registered #10Lender: Lloyds Tsb Bank PLC
- 2013-05-15🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2011-08-24➖BENYON, Susan Georgina resigneddirector
- 2005-08-30🔓Charge satisfied #7
- 2005-08-30🔓Charge satisfied #6
- 2000-12-22➖CAMERON, Gordon John resigneddirector
- 2000-09-29🔒Charge registered #8Lender: Electrovision Limited
- 2000-07-04🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2000-04-26➕BENYON, Mark appointedsecretary
- 2000-04-26➖CROSSLEY, Jessica Lyn resignedsecretary
- 2000-02-26🔓Charge satisfied #5
- 2000-02-26🔓Charge satisfied #4
- 2000-02-24🔒Charge registered #6Lender: Alex Lawrie Receivables Financing Limited
- 2000-02-18➕BENYON, Mark appointeddirector
- 2000-02-18➕BENYON, Susan Georgina appointeddirector
- 2000-02-18➖BLACK, Alexander Dickson resigneddirector
- 2000-02-18➖GEARTY, Anthony John resigneddirector
- 2000-01-07🔓Charge satisfied #2
- 2000-01-07🔓Charge satisfied #1
- 1999-02-26➖MCLACHLAN, Ian Gordon resigneddirector
- 1999-02-05➖FU, Mannix Yiu Ho resigneddirector
- 1999-01-04➕BLACK, Alexander Dickson appointeddirector
- 1999-01-04➖TAHMASEBI, Khosrow resigneddirector
- 1998-10-06➕TAHMASEBI, Khosrow appointeddirector
- 1998-08-12➖SMITH, David Dallas resigneddirector
- 1998-06-17➖GRANT, Alexander James resigneddirector
- 1998-04-06➕FU, Mannix Yiu Ho appointeddirector
- 1997-11-28➖PERKIN, Alan resigneddirector
- 1997-03-18➖KELLY, Brian John resigneddirector
- 1996-12-31➖TURNER, Nicholas Walter resigneddirector
- 1996-11-05🔓Charge satisfied #3
- 1996-07-19🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1996-05-03🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1995-11-23➕GEARTY, Anthony John appointeddirector
Showing most recent 50 of 66 events
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 69 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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.
Group structure
Holmpatrick Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Holmpatrick Ltd
Corporate parent · holds 75-100% shares
⬇
ALTAI GROUP LIMITED
This company · 00580524
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Holmpatrick Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Mark Benyonceased 06/04/2016· 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
Active · Wholesale & distribution · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 82 GLOBAL FASHION LTD→ 16703761 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY ENGLAND LIMITED→ 01638775 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ADAM OF LONDON LTD→ 13043529 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AEROSPHERES (UK) LIMITED→ 02550739 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ALBERTOLTD LIMITED→ 16786007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL OFFICE SUPPLIES LTD→ 13203373 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLURE DDC LTD→ 11500625 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALLURE HOME TEXTILES LTD→ 15204097 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMACO NEXUS LTD→ 09352684 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AMARELO HOLDINGS LTD→ 15342578 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMBROS NW LIMITED→ 16441236 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMEIRRO LTD→ 15700832 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1957-03-22
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Lancots Lane
St. Helens
Merseyside
WA9 3EX
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29
Officers (2 active · 19 resigned)
Active
BENYON, Mark→
Activedirector · ~75y · appointed 2000-02-18
View their other companies + combined net worth →
CAVE, Jeremy Charles→
Resignedsecretary · resigned 1994-12-14
CROSSLEY, Jessica Lyn→
Resignedsecretary · appointed 1994-12-14 · resigned 2000-04-26
BENYON, Susan Georgina→
Resigneddirector · ~74y · appointed 2000-02-18 · resigned 2011-08-24
BINKS, Robin Paul→
Resigneddirector · ~74y · resigned 1993-03-05
BLACK, Alexander Dickson→
Resigneddirector · ~75y · appointed 1999-01-04 · resigned 2000-02-18
CAMERON, Gordon John→
Resigneddirector · ~71y · appointed 1995-09-06 · resigned 2000-12-22
CAVE, Jeremy Charles→
Resigneddirector · ~65y · resigned 1994-12-14
FU, Mannix Yiu Ho→
Resigneddirector · ~68y · appointed 1998-04-06 · resigned 1999-02-05
GEARTY, Anthony John→
Resigneddirector · ~65y · appointed 1995-11-23 · resigned 2000-02-18
GRANT, Alexander James→
Resigneddirector · ~78y · appointed 1995-01-27 · resigned 1998-06-17
HISLOP, William Thomas→
Resigneddirector · ~95y · resigned 1991-12-04
KELLY, Brian John→
Resigneddirector · ~80y · resigned 1997-03-18
MCLACHLAN, Ian Gordon→
Resigneddirector · ~82y · appointed 1994-12-14 · resigned 1999-02-26
PERKIN, Alan→
Resigneddirector · ~70y · resigned 1997-11-28
SLINN, David→
Resigneddirector · ~77y · resigned 1995-01-09
SMITH, David Dallas→
Resigneddirector · ~82y · appointed 1993-03-05 · resigned 1998-08-12
TAHMASEBI, Khosrow→
Resigneddirector · ~74y · appointed 1998-10-06 · resigned 1999-01-04
TURNER, Nicholas Walter→
Resigneddirector · ~69y · appointed 1993-06-10 · resigned 1996-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
4
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 19/07/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 15/05/2013 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 15/05/2013 | — | |
| outstanding | Electrovision Electrovision Limited | Debenture | 1 property | 29/09/2000 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 04/07/2000 | 30/08/2005 | |
| satisfied | Alex Lawrie Receivables Financing Alex Lawrie Receivables Financing Limited | All assets debenture | 1 property | 24/02/2000 | 30/08/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Share pledge agreement | 2 properties | 19/07/1996 | 26/02/2000 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 03/05/1996 | 26/02/2000 | |
| satisfied | Abn Amro Bank N.V. | Debenture | 1 property | 03/02/1993 | 05/11/1996 | |
| satisfied | Algemene Bank Nederland N.V. | Mortgage debenture | 1 property | 07/02/1978 | 07/01/2000 | |
| satisfied | Northern Commercial Trust Northern Commercial Trust LTD | & floating charge. Debenture | 1 property | 29/10/1975 | 07/01/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (146 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-dormant
accounts · AA
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-dormant
accounts · AA
2024-03-15
accounts-with-accounts-type-dormant
accounts · AA
2023-08-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-dormant
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-dormant
accounts · AA
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
accounts-with-accounts-type-dormant
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
accounts-with-accounts-type-dormant
accounts · AA
2019-09-26