ALTAIR SYSTEMS LIMITED
🌳Matureactive
04596144 · ltd · incorporated 2002-11-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 33200
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 23.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (54/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 2 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-03-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-12-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-12📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-12-12📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-08📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-12-13📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-07-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-18➕ALI, Zeineth appointeddirector
- 2022-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-27➖BEETHAM, Gary Frederick resigneddirector
- 2020-03-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2003-02-28🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-01-14➕WOOLLEY, Jason appointedsecretary
- 2003-01-14➕WOOLLEY, Jason appointeddirector
- 2003-01-14➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-01-14➕BEETHAM, Gary Frederick appointeddirector
- 2003-01-14➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
- 2002-11-20🏢Company incorporatedAs ALTAIR SYSTEMS LIMITED
- 2002-11-20➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-11-20➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
68/100
High — earn-out structure requiredMaterial 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 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
56/100
Strong succession signalMultiple 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 23 years. Very long tenure is a classic succession signal.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Zeineth Ali Individual · British · DOB 11/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/07/2023 |
Mr Jason Woolley Individual · British · DOB 06/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/03/2020 |
1 historic (ceased) PSC
- Mr Gary Frederick Beethamceased 27/03/2020· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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
Incorporated2002-11-20
Jurisdictionengland-wales
Primary SIC33200 — SIC 33200
Registered office
21 Midland Road
Bramhall
Stockport
Cheshire
SK7 3DY
England
Filing status
Accounts
Next due: 2026-06-23
Last made up to: 2024-03-27
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21
Officers (3 active · 3 resigned)
Active
ALI, Zeineth→
Activedirector · ~53y · appointed 2023-07-18
View their other companies + combined net worth →
WOOLLEY, Jason→
Activedirector · ~56y · appointed 2003-01-14
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-11-20 · resigned 2003-01-14
BEETHAM, Gary Frederick→
Resigneddirector · ~63y · appointed 2003-01-14 · resigned 2020-03-27
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-11-20 · resigned 2003-01-14
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 28/02/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (73 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-27
gazette-notice-compulsory
gazette · GAZ1
2025-08-12
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-21