ATLANTIS TRADING LTD
💤Zombieactive
04609215 · ltd · incorporated 2002-12-05
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 Mar 2025
Net worth
£83.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueAsset-holding vehicle with a 76-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · oldest 23.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £83,818
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£84k
↑ 2.4% YoY
Current Assets
£1k
↓ 60% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £84.5k | £82.5k |
| Current assets | £1.2k | £2.9k |
| Net assets | £83.8k | £81.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (28 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-05🔓Charge satisfied #3
- 2024-01-05🔓Charge satisfied #2
- 2024-01-05🔓Charge satisfied #1
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2003-02-07🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2003-02-07🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2003-02-07🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2002-12-05🏢Company incorporatedAs ATLANTIS TRADING LTD
- 2002-12-05➕PEARN, Dianne Gail appointedsecretary
- 2002-12-05➕PEARN, Robert Clive Edmund appointeddirector
- 2002-12-05➕INCORPORATE SECRETARIAT LIMITED appointedcorporate-nominee-secretary
- 2002-12-05➖INCORPORATE SECRETARIAT LIMITED resignedcorporate-nominee-secretary
- 2002-12-05➕INCORPORATE DIRECTORS LIMITED appointedcorporate-nominee-director
- 2002-12-05➖INCORPORATE DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Clive Edmund Pearn Individual · British · DOB 01/1950 · age 76 | 25–50% | — | 25-50% shares | 01/07/2016 |
Mrs Dianne Gail Pearn Individual · British · DOB 09/1952 · age 74 | 25–50% | — | 25-50% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A.RON'S SECURITY LTD→ 11885850 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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| ANDY’S ANTIQUES REBOURNE LIMITED→ 14577060 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AROMPI UK LIMITED→ 14350516 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ART OF FISHING LIMITED→ 13146586 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ASHABULLAH LTD→ 15982025 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASIA GC LTD→ 12070986 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ASU DREAMS LTD→ 16472539 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATLANTIC CARAVANS (CORNWALL) LTD→ 09664603 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AYAM’S FRUIT LTD→ 17041787 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AYOUB LOCUM LTD→ 16523012 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AZEEKY TRADING LTD→ 09963690 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2002-12-05
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
Old Mill Business Centre
The Old Mill Millpool
West Looe
Cornwall
PL13 2AF
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (2 active · 2 resigned)
PEARN, Dianne Gail→
Activesecretary · appointed 2002-12-05
View their other companies + combined net worth →
PEARN, Robert Clive Edmund→
Activedirector · ~76y · appointed 2002-12-05
View their other companies + combined net worth →
INCORPORATE SECRETARIAT LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-12-05 · resigned 2002-12-05
INCORPORATE DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-12-05 · resigned 2002-12-05
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 07/02/2003 | 05/01/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 07/02/2003 | 05/01/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 07/02/2003 | 05/01/2024 |
Recent filings (61 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-05
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-05
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-30