ALTEK LTD
💤Zombieactive
04640335 · ltd · incorporated 2003-01-17
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 Apr 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Retail sale of audio and video equipment in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). 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).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | — | £14.9k |
| Current assets | — | £14.0k |
| Cash | — | £6.7k |
| Debtors | — | £4.8k |
| Net assets | — | £12.3k |
| Average employees | 1 | — |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-02-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-08-17➕CLARKE, Sheila appointedsecretary
- 2007-08-17➖COCKETT, Irene Joyce resignedsecretary
- 2003-01-27➕COCKETT, Peter Michael appointeddirector
- 2003-01-27➕COCKETT, Irene Joyce appointedsecretary
- 2003-01-22➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2003-01-22➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2003-01-17🏢Company incorporatedAs ALTEK LTD
- 2003-01-17➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2003-01-17➕FORM 10 DIRECTORS FD LTD appointedcorporate-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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — 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 73 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 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Cockett Individual · English · DOB 09/1953 · age 73 | 75–100% | — | 75-100% shares | 29/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A PHONE SHOP SUDBURY LTD→ 14443160 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIZYLON LTD→ 15555465 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJORA LTD→ 12714584 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AL MEDINAH UK LIMITED→ 12140852 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALBERT WYNN AND CO LTD→ 15732324 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALFLIPS LTD→ 15596036 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALJAA SPORTS LTD→ 16811064 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL FOOTBALL SHIRTS LTD→ 14481475 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALL THINGS HORSES LTD→ 15331397 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLARD OFFICE FURNITURE LIMITED→ 04515715 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALPHARIUM LTD→ 14779808 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALTID LIMITED→ 12538718 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2003-01-17
Jurisdictionengland-wales
Primary SIC47430 — Retail sale of audio and video equipment in specialised stores
Registered office
91 North Street
Sudbury
Suffolk
CO10 1RF
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29
Officers (2 active · 3 resigned)
Active
COCKETT, Peter Michael→
Activedirector · ~73y · appointed 2003-01-27
View their other companies + combined net worth →
COCKETT, Irene Joyce→
Resignedsecretary · appointed 2003-01-27 · resigned 2007-08-17
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2003-01-17 · resigned 2003-01-22
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2003-01-17 · resigned 2003-01-22
Click a director name to see their full track record across all companies.
Recent filings (57 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-02