ADVTEC LTD

💤Zombieactive
05955458 · ltd · incorporated 2006-10-04
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Wireless telecommunications activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 61300Satellite telecommunications activities
  • 62020Information technology consultancy activities
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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: strategic trade sale (65/100).

Data confidence

Overall: low (53/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
90
Good data coverage for analysis.

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 (23 events)Click to expand
  1. 2025-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-17
    ➖
    BUTLER, Richard Noel resigned
    secretary
  4. 2023-10-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2017-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-07-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2016-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2006-10-11
    ➕
    VELENTZAS, Spyridon appointed
    director
  18. 2006-10-11
    ➕
    BUTLER, Richard Noel appointed
    secretary
  19. 2006-10-05
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  20. 2006-10-05
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  21. 2006-10-04
    🏢
    Company incorporated
    As ADVTEC LTD
  22. 2006-10-04
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  23. 2006-10-04
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

85/100
Critical — business is the founder

The 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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Spyridon Velentzas
Individual · Greek · DOB 09/1971 · age 55
75–100%
—75-100% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeltd
Incorporated2006-10-04
Jurisdictionengland-wales
Primary SIC61200 — Wireless telecommunications activities

Registered office

Kingston House
Lydiard Fields
Swindon
Wiltshire
SN5 8UB
England

Filing status

Accounts
Next due: 2026-07-30
Last made up to: 2024-10-30
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04

Officers (1 active · 3 resigned)

VELENTZAS, Spyridon→
director · ~55y · appointed 2006-10-11
View their other companies + combined net worth →
Active
BUTLER, Richard Noel→
secretary · appointed 2006-10-11 · resigned 2023-10-17
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2006-10-04 · resigned 2006-10-05
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2006-10-04 · resigned 2006-10-05
Resigned

Click a director name to see their full track record across all companies.

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-30