ATHARUS LTD

🏛️Establishedactive
11166706 · ltd · incorporated 2018-01-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£227.1k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Security dealing on own account
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 71/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: high (80/100)

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
5 officers (5 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £227,146
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£106
↓ 37% YoY
Net Worth
£227k
↑ 96% YoY
Current Assets
£1.1m
↑ 78% YoY
Current Liabilities
£0£227k£453k£680k£906k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£228.7k£116.3k
Current assets£1.13M£638.3k
Cash£106£168
Debtors£14.9k
Net assets£227.1k£115.8k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-06-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2023-10-14
    SOMANATHAN, Sahana Ashwini, Dr appointed
    director
  5. 2023-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-10-01
    SOMANATHAN, Arun Prashanth, Dr appointed
    director
  7. 2023-09-29
    SOMANATHAN, Aathi Shankar appointed
    director
  8. 2023-09-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-09-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2022-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2021-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-09-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2019-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-08-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2018-01-24
    🏢
    Company incorporated
    As ATHARUS LTD
  16. 2018-01-24
    SOMANATHAN, Luxshman, Dr appointed
    director
  17. 2018-01-24
    SUNDARALINGAM, Jeyanthi, Dr appointed
    director
  18. 2018-01-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

48/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Luxshman Somanathan
Individual · British · DOB 07/1969 · age 57
sig. influencesignificant influence24/01/2018
Dr Jeyanthi Sundaralingam
Individual · British · DOB 02/1970 · age 56
sig. influencesignificant influence24/01/2018

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2018-01-24
Jurisdictionengland-wales
Primary SIC64991 — Security dealing on own account

Registered office

102 Burdon Lane Cheam
Sutton
SM2 7DA
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (5 active · 0 resigned)

SOMANATHAN, Aathi Shankar
director · ~21y · appointed 2023-09-29
View their other companies + combined net worth →
Active
SOMANATHAN, Arun Prashanth, Dr
director · ~27y · appointed 2023-10-01
View their other companies + combined net worth →
Active
SOMANATHAN, Luxshman, Dr
director · ~57y · appointed 2018-01-24
View their other companies + combined net worth →
Active
SOMANATHAN, Sahana Ashwini, Dr
director · ~29y · appointed 2023-10-14
View their other companies + combined net worth →
Active
SUNDARALINGAM, Jeyanthi, Dr
director · ~56y · appointed 2018-01-24
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-small
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-small
accounts · AA
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-02
appoint-person-director-company-with-name-date
officers · AP01
2023-10-16
appoint-person-director-company-with-name-date
officers · AP01
2023-10-07
appoint-person-director-company-with-name-date
officers · AP01
2023-09-29
accounts-with-accounts-type-small
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-small
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-25
accounts-with-accounts-type-small
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-25
accounts-with-accounts-type-small
accounts · AA
2020-09-16