ATLANTIC SHORE LTD
💤Zombieactive
08881052 · ltd · incorporated 2014-02-07
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
£20.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 68-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 68). 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 (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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 £20,935
Cash YoY
+224%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£7k
↑ 224% YoY
Net Worth
£21k
↑ 549% YoY
Current Assets
£64k
↑ 19% 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 | £44.5k | £32.1k |
| Current assets | £64.4k | £54.2k |
| Cash | £7.3k | £2.2k |
| Debtors | £7.1k | £2.0k |
| Net assets | £20.9k | £3.2k |
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
0
filings
Last 180 days
2
filings
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-24➖LUGG, Sian Elizabeth resigneddirector
- 2025-11-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-07➕LUGG, Sian Elizabeth appointeddirector
- 2021-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2019-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-03-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-03-15➖LUGG, Sian Elizabeth resigneddirector
- 2014-02-07🏢Company incorporatedAs ATLANTIC SHORE LTD
- 2014-02-07➕LUGG, Stephen appointeddirector
- 2014-02-07➕LUGG, Sian Elizabeth appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
78/100
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 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Lugg Individual · British · DOB 09/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Sian Elizabeth Luggceased 24/11/2025· 25-50% shares · 25-50% voting · board control
- Mrs Sian Elizabeth Luggceased 15/03/2018· 25-50% shares · 25-50% voting · board control
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 · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 9ELEVENSES LTD→ 15377981 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMUS ENTERPRISES LTD→ 15320522 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALFRED SMITH & SON (PENZANCE) LIMITED→ 00661550 · est 1960 · no financials extracted | — | — | — | — | 65y | — | — |
| ALLCLEAR SHUNGITE LIMITED→ 14834076 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANTIQUES & FINE ART LIMITED→ 04871049 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ARH RETAIL LTD→ 14532824 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ART WORLD LIMITED→ 04085851 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ARTHUR V WILLIAMS LTD→ 11940681 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ASM PRODUCTS LTD→ 10307867 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ASM SOUTH WEST LTD→ 14677253 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTIC BLANKETS CORNWALL LIMITED→ 09086505 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ATLANTIC SOUL LTD→ 15075694 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2014-02-07
Jurisdictionengland-wales
Primary SIC47710 — Retail sale of clothing in specialised stores
Registered office
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07
Officers (1 active · 2 resigned)
LUGG, Stephen→
Activedirector · ~68y · appointed 2014-02-07
View their other companies + combined net worth →
LUGG, Sian Elizabeth→
Resigneddirector · ~66y · appointed 2022-10-07 · resigned 2025-11-24
LUGG, Sian Elizabeth→
Resigneddirector · ~66y · appointed 2014-02-07 · resigned 2018-03-15
Click a director name to see their full track record across all companies.
Recent filings (42 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
termination-director-company-with-name-termination-date
officers · TM01
2025-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-19
appoint-person-director-company-with-name-date
officers · AP01
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-09