ATHRODAX HEALTHCARE INTERNATIONAL LIMITED
💤Zombieactive
01501798 · ltd · incorporated 1980-06-13
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 Feb 2025
Net worth
£944.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 40.8y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £944,784
Net assets shrinking
Down £69,426 YoY
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£207k
↓ 43% YoY
Net Worth
£945k
↓ 6.8% YoY
Current Assets
£883k
↓ 8.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £944.8k | £1.01M |
| Current assets | £883.1k | £960.6k |
| Cash | £207.0k | £361.8k |
| Debtors | £352.7k | £216.2k |
| Net assets | £944.8k | £1.01M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-04-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-03➖MILLER, Jean Rosemary resignedsecretary
- 2020-03-03➖MILLER, Jean Rosemary resigneddirector
- 2020-02-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-02-01➕MILLER, Simon John appointeddirector
- 2011-11-20➖MILLER, Brian Charles resigneddirector
- 1995-11-02🔒Charge registered #3Lender: Griffin Factors Limited
- 1995-11-02🔒Charge registered #2Lender: Griffin Factors Limited
- 1985-08-19🔒Charge registered #1Lender: Midland Bank PLC
- 1980-06-13🏢Company incorporatedAs ATHRODAX HEALTHCARE INTERNATIONAL 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
68/100
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.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 46 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon John Miller Individual · British · DOB 02/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Jean Millerceased 03/03/2020· 75-100% 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 · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| APPLIED KNOWLEDGE AND TECHNOLOGY LIMITED→ 07114843 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AQUA OLEUM LIMITED→ 09686679 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ARCHER COMMODITIES LTD→ 13796101 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARNOLDS CARS LIMITED→ 11759631 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARTIQUS LTD→ 12357522 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARVOO UK LTD→ 15989286 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASHCROFT CAPACITORS LIMITED→ 02847273 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ASLAM HEALTHCARE LTD→ 14874806 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATGEEKS LIMITED→ 10897676 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ATHILA ROOS LTD→ 11726921 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ATLAS AUTOMATION SYSTEMS LTD→ 15006079 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AURICWHOLESALE LTD→ 15861100 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1980-06-13
Jurisdictionengland-wales
Primary SIC46460 — SIC 46460
Registered office
Hawthorn Business Park
Drybrook
Gloucestershire
GL17 9HP
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (1 active · 3 resigned)
MILLER, Simon John→
Activedirector · ~56y · appointed 2012-02-01
View their other companies + combined net worth →
MILLER, Jean Rosemary→
Resignedsecretary · resigned 2020-03-03
MILLER, Brian Charles→
Resigneddirector · ~90y · resigned 2011-11-20
MILLER, Jean Rosemary→
Resigneddirector · ~87y · resigned 2020-03-03
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Griffin Factors Griffin Factors Limited | Fixed equitable charge | 1 property | 02/11/1995 | — | |
| outstanding | Griffin Factors Griffin Factors Limited | Floating charge | 1 property | 02/11/1995 | — | |
| outstanding | Midland Bank Midland Bank PLC | Charge | 1 property | 19/08/1985 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (109 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-12