ALGATE GLOBAL LTD

💤Zombieactive
08587505 · ltd · incorporated 2013-06-27
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 Jun 2024
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30

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
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-06-17
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-05-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2022-10-05
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-10-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-04-15
    📄
    capital-allotment-shares
    capital · SH01
  14. 2019-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2019-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2017-07-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2016-05-06
    UNGUNGAL, Shabeer resigned
    director
  18. 2013-06-27
    🏢
    Company incorporated
    As ALGATE GLOBAL LTD
  19. 2013-06-27
    THONIKKADAVAN, Shaheen appointed
    director
  20. 2013-06-27
    UNGUNGAL, Shabeer appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Shaheen Thonikkadavan
Individual · British · DOB 11/1984 · age 42
75100%
75-100% shares06/04/2016

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

10 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
Incorporated2013-06-27
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

131 Hartley Road
Nottingham
NG7 3DW
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-02-04OVERDUE
Last: 2025-01-21

Officers (1 active · 1 resigned)

THONIKKADAVAN, Shaheen
director · ~42y · appointed 2013-06-27
View their other companies + combined net worth →
Active
UNGUNGAL, Shabeer
director · ~38y · appointed 2013-06-27 · resigned 2016-05-06
Resigned

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

Recent filings (38 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-06-17
gazette-notice-compulsory
gazette · GAZ1
2026-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
certificate-change-of-name-company
change-of-name · CERTNM
2022-10-28
certificate-change-of-name-company
change-of-name · CERTNM
2022-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-12