AZATOM GROUP LIMITED
💤Zombieactive
05064981 · ltd · incorporated 2004-03-05
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
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 26400
Sector: Manufacturing
ALSO REGISTERED FOR
- 47910Retail sale via mail order houses or via Internet
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 6.4y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 600 | 600 |
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
2
filings
- • 2 persons-with-significant-control
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-06-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-06-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-25🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2020-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-10🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2020-02-10🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2020-02-10🔒Charge registered #2Lender: Tees Valley Ventures Limited or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge.
- 2020-02-10🔒Charge registered #1Lender: Tees Valley Ventures Limited or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge.
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-04-21➖AOK SERVICE CENTRE LTD resignedcorporate-secretary
- 2004-03-05🏢Company incorporatedAs AZATOM GROUP LIMITED
- 2004-03-05➕ARMSTRONG, Elizabeth appointedsecretary
- 2004-03-05➕ARMSTRONG, Michael John appointeddirector
- 2004-03-05➕AOK SERVICE CENTRE LTD appointedcorporate-secretary
- 2004-03-05➕MCMANNERS, Thomas William appointeddirector
- 2004-03-05➖MCMANNERS, Thomas William resigneddirector
Owner dependency
85/100
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 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Armstrong Individual · British · DOB 06/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Michael John Armstrongceased 06/04/2016· 75-100% shares · 75-100% voting
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 · Manufacturing · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A T RIGGING LIMITED→ 09907511 · est 2015 | — | — | — | 100 | 10y | — | — |
| ALWAYS ADVANCING FENCING SPECIALISTS LTD→ 15484916 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| APPLIED SCIENTIFIC TECHNOLOGIES UK LTD→ 10780858 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APR BESPOKE JOINERY LTD→ 12833788 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCANE SYNDICATE LTD→ 16677815 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATL RENEWABLES LTD→ 14481293 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATMIT LTD→ 14786499 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AVENIUM ENGINEERING LTD→ 09931295 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AWB PERFORMANCE LTD→ 13219401 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AXENIC LIMITED→ 06905793 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AYRESOME MAINTENANCE LTD→ 12349829 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AZTECON LIMITED→ 03615236 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2004-03-05
Jurisdictionengland-wales
Primary SIC26400 — SIC 26400
Registered office
3 Glenarm Road
Wynyard
Billingham
TS22 5FE
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21
Officers (2 active · 2 resigned)
ARMSTRONG, Elizabeth→
Activesecretary · appointed 2004-03-05
View their other companies + combined net worth →
ARMSTRONG, Michael John→
Activedirector · ~57y · appointed 2004-03-05
View their other companies + combined net worth →
AOK SERVICE CENTRE LTD→
Resignedcorporate-secretary · appointed 2004-03-05 · resigned 2005-04-21
MCMANNERS, Thomas William→
Resigneddirector · ~63y · appointed 2004-03-05 · resigned 2004-03-05
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 25/02/2020 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/02/2020 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/02/2020 | — | |
| outstanding | Tees Valley Ventures or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge. Tees Valley Ventures Limited or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge. | A registered charge | 1 property | 10/02/2020 | — | |
| outstanding | Tees Valley Ventures or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge. Tees Valley Ventures Limited or the Person or Body for the Time Being Entitled to the Benefit of the Rentcharge. | A registered charge | 1 property | 10/02/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
change-person-director-company-with-change-date
officers · CH01
2024-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-19