ALL TIME GRATES LIMITED
💤Zombieactive
05653464 · ltd · incorporated 2005-12-14
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
£-29.9k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (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: Cash flow review and working-capital discipline. Cash down -94% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 17.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 17.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £29,862
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£200
↓ 94% YoY
Net Worth
-£30k
↑ 40% YoY
Current Assets
£302k
↑ 19% YoY
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 |
|---|---|---|
| Total assets | £-26.2k | £-27.3k |
| Current assets | £302.4k | £253.1k |
| Cash | £200 | £3.3k |
| Debtors | £117.2k | £74.7k |
| Net assets | £-29.9k | £-49.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (26 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-22➖BALLARD, Andrew resigneddirector
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-02➖BAILEY, Louise Adele resignedsecretary
- 2009-08-06🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-08-14➕BALLARD, Andrew appointeddirector
- 2005-12-14🏢Company incorporatedAs ALL TIME GRATES LIMITED
- 2005-12-14➕BAILEY, Patrick Arthur appointeddirector
- 2005-12-14➕BAILEY, Louise Adele appointedsecretary
- 2005-12-14➕SECRETARIAL NOMINEES LIMITED appointedcorporate-nominee-secretary
- 2005-12-14➖SECRETARIAL NOMINEES LIMITED resignedcorporate-nominee-secretary
- 2005-12-14➕DIRECTOR NOMINEES LIMITED appointedcorporate-nominee-director
- 2005-12-14➖DIRECTOR NOMINEES LIMITED resignedcorporate-nominee-director
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 21 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 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Patrick Arthur Bailey Individual · British · DOB 08/1972 · age 54 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · firm interest | 14/12/2016 |
1 historic (ceased) PSC
- Mr Andrew Ballardceased 22/12/2023· 25-50% shares
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 · Retail · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALBERT & ARTHUR LIMITED→ 10800340 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALEXANDRA SPORTS LIMITED→ 02842522 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ALFRETON VISIONPLUS LIMITED→ 06318427 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALL IN BRAND LTD→ 14107990 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALL SEASONS HUB LTD→ 16219262 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL THE GEAR EQUESTRIAN LTD→ 16213082 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL THINGZ LIMITED→ 12630353 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL TIME GRATES WICKHAM LIMITED→ 14798144 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAWAY HEALTHCARE LIMITED→ 15436812 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLERTON SPECSAVERS HEARCARE LIMITED→ 13995126 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALLERTON SPECSAVERS LIMITED→ 05426531 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ALLERTON VISIONPLUS LIMITED→ 05426426 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2005-12-14
Jurisdictionengland-wales
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Registered office
All Time Grates Limited Fareham Road
Wickham
Fareham
Hampshire
PO17 5DE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22
Officers (1 active · 4 resigned)
BAILEY, Patrick Arthur→
Activedirector · ~54y · appointed 2005-12-14
View their other companies + combined net worth →
BAILEY, Louise Adele→
Resignedsecretary · appointed 2005-12-14 · resigned 2012-01-02
SECRETARIAL NOMINEES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-12-14 · resigned 2005-12-14
BALLARD, Andrew→
Resigneddirector · ~54y · appointed 2006-08-14 · resigned 2023-12-22
DIRECTOR NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-12-14 · resigned 2005-12-14
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 | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 06/08/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (63 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
termination-director-company-with-name-termination-date
officers · TM01
2024-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-05