ANTHEUS TELECOM LIMITED
🌳Matureactive
05480084 · ltd · incorporated 2005-06-14
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£117.1k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other telecommunications activities
Sector: Information & communication
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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, 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
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
75 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £117,056
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↓ 50% YoY
Net Worth
£117k
↑ 13% YoY
Current Assets
£147k
↑ 8.4% 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 | £127.7k | £123.8k |
| Current assets | £146.9k | £135.5k |
| Cash | £33.4k | £67.2k |
| Debtors | £113.5k | £68.3k |
| Net assets | £117.1k | £104.0k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-21📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2018-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-09-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2017-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-12-22➖SMERDON, Joanna Louise resigneddirector
- 2011-10-25➕MIDDLETON, Kim Adrienne appointeddirector
- 2011-01-13➖MIDDLETON, Georgina resigneddirector
- 2011-01-13➕SMERDON, Joanna Louise appointeddirector
- 2008-09-12➖DAWES, Ashley Graham resignedsecretary
- 2007-01-22➕MIDDLETON, Georgina appointeddirector
- 2006-10-25➖MIDDLETON, Georgina resigneddirector
- 2005-06-14🏢Company incorporatedAs ANTHEUS TELECOM LIMITED
- 2005-06-14➕MIDDLETON, Nicholas Paul appointeddirector
- 2005-06-14➕DAWES, Ashley Graham appointedsecretary
- 2005-06-14➕MIDDLETON, Georgina appointeddirector
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas Paul Middleton Individual · British · DOB 01/1960 · age 66 | 50–75% | — | 50-75% shares | 21/05/2018 |
Mrs Kim Adrienne Middleton Individual · British · DOB 05/1959 · age 67 | 25–50% | — | 25-50% shares | 21/05/2018 |
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 · Technology · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKUMEN LTD→ 05196079 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ANCILE LIMITED→ 13095914 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCADIA SOFTIUM LTD→ 15785773 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARETE SWT LTD→ 11191733 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ARKCORE CONSULTING LTD→ 16396977 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARTBORED LTD→ 17105106 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASC-KEY LIMITED→ 16684594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASGARDIAN IT & CLOUD SOLUTIONS LIMITED→ 14308434 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASHRAM HOUSE PUBLISHING LTD→ 11422719 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ASM CONSULTANCY LIMITED→ 03072965 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ASSASSIN'S FIST LIMITED→ 07838346 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ASSESSMENT INTELLIGENCE LIMITED→ 12942095 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2005-06-14
Jurisdictionengland-wales
Primary SIC61900 — Other telecommunications activities
Registered office
C/O Merlin Accountancy Services Ltd 2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08
Officers (2 active · 4 resigned)
MIDDLETON, Kim Adrienne→
Activedirector · ~67y · appointed 2011-10-25
View their other companies + combined net worth →
MIDDLETON, Nicholas Paul→
Activedirector · ~66y · appointed 2005-06-14
View their other companies + combined net worth →
DAWES, Ashley Graham→
Resignedsecretary · appointed 2005-06-14 · resigned 2008-09-12
MIDDLETON, Georgina→
Resigneddirector · ~63y · appointed 2007-01-22 · resigned 2011-01-13
MIDDLETON, Georgina→
Resigneddirector · ~63y · appointed 2005-06-14 · resigned 2006-10-25
SMERDON, Joanna Louise→
Resigneddirector · ~45y · appointed 2011-01-13 · resigned 2011-12-22
Click a director name to see their full track record across all companies.
Recent filings (75 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-13
change-person-director-company-with-change-date
officers · CH01
2020-02-11
change-person-director-company-with-change-date
officers · CH01
2020-02-11