AMERSHAM TECHNOLOGIES LTD

💤Zombieactive
03598548 · ltd · incorporated 1998-07-15
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 Jul 2025
Net worth
£-53.3k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 73200Market research and public opinion polling
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 26.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £53,259

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£53k
~ YoY
Current Assets
—
Current Liabilities
—
-£53k-£53k-£53k-£53k-£53k-£53kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Net assets£-53.3k£-53.3k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-01-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-01-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-01-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2021-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-05-01
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2018-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2016-08-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-07-10
    ➖
    MACKENZIE, Rosemary resigned
    secretary
  18. 2002-03-12
    ➖
    LUSHER, James David resigned
    secretary
  19. 2002-03-12
    ➖
    MARSHALL, Jeremy resigned
    director
  20. 2002-03-11
    ➕
    LUSHER, James David appointed
    secretary
  21. 2002-03-08
    ➕
    MACKENZIE, Rosemary appointed
    secretary
  22. 2002-03-08
    ➖
    MARSHALL, Jeremy resigned
    secretary
  23. 1999-11-23
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  24. 1998-08-06
    ➕
    LUSHER, James David appointed
    director
  25. 1998-08-06
    ➕
    MARSHALL, Jeremy appointed
    secretary
  26. 1998-08-06
    ➖
    BRITANNIA COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-secretary
  27. 1998-08-06
    ➕
    MARSHALL, Jeremy appointed
    director
  28. 1998-08-06
    ➖
    DEANSGATE COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-director
  29. 1998-07-15
    🏢
    Company incorporated
    As AMERSHAM TECHNOLOGIES LTD
  30. 1998-07-15
    ➕
    BRITANNIA COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-secretary
  31. 1998-07-15
    ➕
    DEANSGATE COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The 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 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James David Lusher
Individual · British · DOB 10/1963 · age 63
75–100%
—75-100% shares01/07/2016

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 · Professional services · CA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AET PLANNING LIMITED→
15389035 · est 2024 · no financials extracted
————2y——
AG INTL LIMITED→
07041560 · est 2009 · no financials extracted
————16y——
AGR (CUMBRIA) LTD→
11417260 · est 2018 · no financials extracted
————7y——
AHORITA LIMITED→
05621123 · est 2005 · no financials extracted
————20y——
ALDERILL LTD→
10912037 · est 2017 · no financials extracted
————8y——
ALETHIA LTD→
03893606 · est 1999 · no financials extracted
————26y——
ALM ENGINEERING (CUMBRIA) LIMITED→
07807338 · est 2011 · no financials extracted
————14y——
ALMAC ENGINEERS LTD→
09903417 · est 2015 · no financials extracted
————10y——
ALPHA ACCOUNTS LIMITED→
13955516 · est 2022 · no financials extracted
————4y——
ALWAYS PADDLE YOUR OWN CANOE LIMITED→
10382860 · est 2016 · no financials extracted
————9y——
AMA SYSTEM ENGINEERING LTD→
11230134 · est 2018 · no financials extracted
————8y——
AMH SOLUTIONS U.K. LTD→
13851754 · est 2022 · no financials extracted
————4y——
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
Incorporated1998-07-15
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Kirkfell House
High Lorton
Cockermouth
Cumbria
CA13 9TX
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15

Officers (1 active · 6 resigned)

LUSHER, James David→
director · ~63y · appointed 1998-08-06
View their other companies + combined net worth →
Active
LUSHER, James David→
secretary · appointed 2002-03-11 · resigned 2002-03-12
Resigned
MACKENZIE, Rosemary→
secretary · appointed 2002-03-08 · resigned 2012-07-10
Resigned
MARSHALL, Jeremy→
secretary · appointed 1998-08-06 · resigned 2002-03-08
Resigned
BRITANNIA COMPANY FORMATIONS LIMITED→
corporate-nominee-secretary · appointed 1998-07-15 · resigned 1998-08-06
Resigned
MARSHALL, Jeremy→
director · ~74y · appointed 1998-08-06 · resigned 2002-03-12
Resigned
DEANSGATE COMPANY FORMATIONS LIMITED→
corporate-nominee-director · appointed 1998-07-15 · resigned 1998-08-06
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property23/11/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-dormant
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-dormant
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25
accounts-with-accounts-type-dormant
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-dormant
accounts · AA
2022-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-25
change-person-director-company-with-change-date
officers · CH01
2021-01-25
accounts-with-accounts-type-dormant
accounts · AA
2020-09-25