ATL STEEL LIMITED

🌳Matureactive
04309088 · ltd · incorporated 2001-10-23
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
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 77351SIC 77351
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 53). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

8 live charges · 7 lenders · oldest 22.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 22.9 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
114 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
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees3300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
5
filings
  • • 2 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 90 days
6
filings
  • • 2 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
6
filings
  • • 2 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-05-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-05-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-05-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-05-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2026-05-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-05-14
    🔒
    Charge registered #8
    Lender: Humayun Munir Sheikh
  7. 2025-08-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-08-16
    🔓
    Charge satisfied #7
  9. 2025-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-09-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2024-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-09-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2022-06-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2021-10-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2021-10-07
    🔓
    Charge satisfied #2
  21. 2021-09-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  22. 2020-06-26
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  23. 2020-01-29
    🔓
    Charge satisfied #6
  24. 2020-01-29
    🔓
    Charge satisfied #5
  25. 2017-08-15
    🔒
    Charge registered #6
    Lender: Ultimate Finance Limited
  26. 2016-10-21
    🔒
    Charge registered #5
    Lender: Ultimate Invoice Finance Limited
  27. 2013-09-27
    🔓
    Charge satisfied #4
  28. 2013-01-24
    🔒
    Charge registered #4
    Lender: Leumi Abl Limited
  29. 2013-01-22
    🔓
    Charge satisfied #3
  30. 2012-02-21
    ➕
    SCARLIOLI, Nicola appointed
    secretary
  31. 2012-02-21
    ➖
    SHEIKH, Humayun Munir resigned
    secretary
  32. 2011-01-14
    🔓
    Charge satisfied #1
  33. 2010-10-08
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  34. 2010-09-13
    🔒
    Charge registered #2
    Lender: Gradereward Limited
  35. 2003-07-10
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  36. 2001-10-23
    🏢
    Company incorporated
    As ATL STEEL LIMITED
  37. 2001-10-23
    ➕
    SHEIKH, Humayun Munir appointed
    director
  38. 2001-10-23
    ➕
    SHEIKH, Ruth Ellen appointed
    director
  39. 2001-10-23
    ➕
    SHEIKH, Humayun Munir appointed
    secretary
  40. 2001-10-23
    ➕
    INCORPORATE SECRETARIAT LIMITED appointed
    corporate-nominee-secretary
  41. 2001-10-23
    ➖
    INCORPORATE SECRETARIAT LIMITED resigned
    corporate-nominee-secretary

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Humayun Munir Sheikh
Individual · British · DOB 06/1973 · age 53
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Ruth Ellen Sheikh
Individual · British · DOB 07/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2001-10-23
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

18 Langton Place
Bury St Edmunds
Suffolk
IP33 1NE
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-05
Last: 2026-05-22

Officers (3 active · 2 resigned)

SCARLIOLI, Nicola→
secretary · appointed 2012-02-21
View their other companies + combined net worth →
Active
SHEIKH, Humayun Munir→
director · ~53y · appointed 2001-10-23
View their other companies + combined net worth →
Active
SHEIKH, Ruth Ellen→
director · ~46y · appointed 2001-10-23
View their other companies + combined net worth →
Active
SHEIKH, Humayun Munir→
secretary · appointed 2001-10-23 · resigned 2012-02-21
Resigned
INCORPORATE SECRETARIAT LIMITED→
corporate-nominee-secretary · appointed 2001-10-23 · resigned 2001-10-23
Resigned

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

Mortgages & charges

8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Humayun Munir Sheikh
A registered charge1 property14/05/2026—
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge—26/06/202016/08/2025
satisfied
Ultimate Finance
Ultimate Finance Limited
A registered charge1 property15/08/201729/01/2020
satisfied
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge8 properties21/10/201629/01/2020
satisfied
Leumi Abl
Leumi Abl Limited
Full form debenture1 property24/01/201327/09/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property08/10/201022/01/2013
satisfied
Gradereward
Gradereward Limited
Rent deposit deed1 property13/09/201007/10/2021
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture deed1 property10/07/200314/01/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (114 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-22
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-10
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
gazette-notice-compulsory
gazette · GAZ1
2024-09-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31