ATHENAEUM PRESS LIMITED

🌳Matureactive
02026987 · ltd · incorporated 1986-06-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: SIC 2222
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
9 officers (6 active, 9 linked, 7 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (15 events)Click to expand
  1. 2018-10-16
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2008-10-03
    WILKINSON, Darren appointed
    secretary
  3. 2008-10-03
    RENNIE, Anne resigned
    secretary
  4. 2007-10-31
    RENNIE, Anne resigned
    director
  5. 2007-09-19
    GORDON, Christine Margaret appointed
    director
  6. 2007-09-19
    HOWELL, Jonathan appointed
    director
  7. 2007-09-19
    REDDEN, Brendan appointed
    director
  8. 2007-09-19
    WILKINSON, Darren appointed
    director
  9. 1998-09-03
    YOUNG, Martyn James resigned
    director
  10. 1995-10-01
    CULLEN, George Edward appointed
    director
  11. 1995-01-01
    📄
    selection-of-mortgage-documents-registered-before-January-1995
    historical · PRE95M
  12. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  13. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  14. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  15. 1986-06-11
    🏢
    Company incorporated
    As ATHENAEUM PRESS LIMITED

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2010-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-11-18

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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11 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeltd
Incorporated1986-06-11
Jurisdictionengland-wales
Primary SIC2222 — SIC 2222

Registered office

Bulman House Regent Centre
Gosforth
Newcastle Upon Tyne
NE3 3LS

Filing status

Accounts
Next due: 2010-03-31OVERDUE
Last made up to: 2008-06-30
Confirmation statement
Next due: 2016-11-18OVERDUE
Last:

Officers (6 active · 3 resigned)

WILKINSON, Darren
secretary · appointed 2008-10-03
View their other companies + combined net worth →
Active
CULLEN, George Edward
director · ~66y · appointed 1995-10-01
View their other companies + combined net worth →
Active
GORDON, Christine Margaret
director · ~52y · appointed 2007-09-19
View their other companies + combined net worth →
Active
HOWELL, Jonathan
director · ~64y · appointed 2007-09-19
View their other companies + combined net worth →
Active
REDDEN, Brendan
director · ~67y · appointed 2007-09-19
View their other companies + combined net worth →
Active
WILKINSON, Darren
director · ~54y · appointed 2007-09-19
View their other companies + combined net worth →
Active
RENNIE, Anne
secretary · resigned 2008-10-03
Resigned
RENNIE, Anne
director · ~74y · resigned 2007-10-31
Resigned
YOUNG, Martyn James
director · ~71y · resigned 1998-09-03
Resigned

Click a director name to see their full track record across all companies.

Recent filings (5 total)

restoration-order-of-court
restoration · AC92
2018-10-16
selection-of-mortgage-documents-registered-before-January-1995
historical · PRE95M
1995-01-01
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01