ATLAS CHEMICALS LIMITED
Opportunity 51/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (71 events)Click to expand
- 2010-09-01⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-09-01🏁Company dissolved
- 2010-06-01⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · 4.71
- 2009-12-30⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2009-12-30⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · 4.70
- 2009-12-30📄resolutionresolution · RESOLUTIONS
- 2009-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2009-07-29📄accounts-with-made-up-dateaccounts · AA
- 2009-06-03📄legacyannual-return · 363a
- 2008-08-15📄legacyofficers · 288c
- 2008-06-26📍legacyaddress · 287
- 2008-06-26📄legacyofficers · 288a
- 2008-06-26📄legacyofficers · 288a
- 2008-06-25📄legacyofficers · 288b
- 2008-06-25📄legacyofficers · 288b
- 2008-06-25📄legacyannual-return · 363a
- 2008-06-12➕O.H. SECRETARIAT LIMITED appointedcorporate-secretary
- 2008-06-12➕O H DIRECTOR LIMITED appointedcorporate-director
- 2008-06-12➖HORLOCK, Elizabeth Ann resignedsecretary
- 2008-06-12➖HORLOCK, Elizabeth Ann resigneddirector
- 2008-06-11📄accounts-with-made-up-dateaccounts · AA
- 2008-02-12📄legacyofficers · 288c
- 2008-02-12📄legacyofficers · 288c
- 2007-12-20📄legacyofficers · 288a
- 2007-12-20📄legacyofficers · 288b
- 2007-11-28📄legacyofficers · 288b
- 2007-11-27📄accounts-with-made-up-dateaccounts · AA
- 2007-11-27📄legacyofficers · 288a
- 2007-11-27📄legacyofficers · 288b
- 2007-11-27📄legacyofficers · 288a
- 2007-07-16➕HORLOCK, Elizabeth Ann appointedsecretary
- 2007-07-16➖TURNER, George St John resignedsecretary
- 2007-07-16➖TURNER, George St John resignedsecretary
- 2007-07-16➕HORLOCK, Elizabeth Ann appointeddirector
- 2007-07-16➖TURNER, George St John resigneddirector
- 2007-07-16➖TURNER, George St John resigneddirector
- 2007-05-18➕TURNER, George St John appointedsecretary
- 2007-05-18➕TURNER, George St John appointedsecretary
- 2007-05-18➖WINCHESTER, Emma resignedsecretary
- 2007-05-18➖CHEATLE, Penelope Anne resigneddirector
- 2007-05-18➕TURNER, George St John appointeddirector
- 2007-05-18➕TURNER, George St John appointeddirector
- 2007-05-18➖WINCHESTER, Emma resigneddirector
- 2004-01-19➖IRVINE, Scott Macdonald resignedsecretary
- 2004-01-19➕WINCHESTER, Emma appointedsecretary
- 2004-01-19➖IRVINE, Scott Macdonald resigneddirector
- 2004-01-19➕WINCHESTER, Emma appointeddirector
- 2001-11-14➕IRVINE, Scott Macdonald appointedsecretary
- 2001-11-14➖WHITESIDE, Sonia Jane resignedsecretary
- 2001-11-14➕IRVINE, Scott Macdonald appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 56 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-09-01
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-09-01: gazette-dissolved-liquidation; 2010-06-01: liquidation-voluntary-members-return-of-final-meeting
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Available from the Pro tier upwards.
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10 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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Officers (0 active · 22 resigned)
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