AGATE RESOURCES LTD

💤Zombieactive
11000487 · ltd · incorporated 2017-10-06
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
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Washing and (dry-)cleaning of textile and fur products
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
10 connected companies via shared directors
75
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
4
filings
  • 2 persons-with-significant-control
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-03-05
    LITTLE, Terence Micheal appointed
    director
  6. 2026-03-05
    ALI, Haider resigned
    director
  7. 2025-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-04-28
    ALI, Haider appointed
    director
  9. 2025-04-28
    LOON, Fahad Ahmed resigned
    director
  10. 2025-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-04-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2022-10-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-09-10
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  23. 2020-01-29
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  24. 2017-10-06
    🏢
    Company incorporated
    As AGATE RESOURCES LTD
  25. 2017-10-06
    LOON, Fahad Ahmed appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-12

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Terence Micheal Little
Individual · British · DOB 04/1959 · age 67
75100%
75-100% shares05/03/2026
2 historic (ceased) PSCs
  • Mr Haider Aliceased 05/03/2026· 75-100% shares
  • Mr Fahad Ahmed Loonceased 28/04/2025· 75-100% shares · 75-100% 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 →

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09598735 · est 2015 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2017-10-06
Jurisdictionengland-wales
Primary SIC96010 — Washing and (dry-)cleaning of textile and fur products

Registered office

36 Harrington Road
Worcester
WR2 5HD
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-12OVERDUE
Last: 2025-04-28

Officers (1 active · 2 resigned)

LITTLE, Terence Micheal
director · ~67y · appointed 2026-03-05
View their other companies + combined net worth →
Active
ALI, Haider
director · ~31y · appointed 2025-04-28 · resigned 2026-03-05
Resigned
LOON, Fahad Ahmed
director · ~37y · appointed 2017-10-06 · resigned 2025-04-28
Resigned

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

Recent filings (32 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-19
termination-director-company-with-name-termination-date
officers · TM01
2026-03-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-19
appoint-person-director-company-with-name-date
officers · AP01
2026-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
appoint-person-director-company-with-name-date
officers · AP01
2025-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-28
termination-director-company-with-name-termination-date
officers · TM01
2025-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-05