AZATEK INSTRUMENTS LTD

💤Zombieactive
11733066 · ltd · incorporated 2018-12-18
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 Dec 2024
Net worth
£7.1k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 32500
Sector: Manufacturing
ALSO REGISTERED FOR
  • 45400SIC 45400
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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: share sale to pe / searcher (58/100).

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, 2 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 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £7,140
Net assets shrinking
Down £4,694 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£7k
↓ 40% YoY
Current Assets
£25k
~ YoY
Current Liabilities
£0£5k£10k£15k£20k£25kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£17.9k£13.2k
Current assets£25.1k£25.1k
Net assets£7.1k£11.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (22 events)Click to expand
  1. 2025-09-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-01-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-01-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-10-15
    BILAL, Muhammad appointed
    director
  10. 2021-10-15
    MARTINS, Esmenia Maria resigned
    director
  11. 2021-10-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-10-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC03
  14. 2021-10-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2021-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2020-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-08-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2018-12-18
    🏢
    Company incorporated
    As AZATEK INSTRUMENTS LTD
  22. 2018-12-18
    MARTINS, Esmenia Maria 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

45/100
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.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-02-04: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Muhammad Bilal
Individual
sig. influencesignificant influence15/10/2021
1 historic (ceased) PSC
  • Miss Esmenia Maria Martinsceased 15/10/2021· 75-100% shares

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

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 →
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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
Incorporated2018-12-18
Jurisdictionengland-wales
Primary SIC32500 — SIC 32500

Registered office

110 Rock Avenue
Gillingham
ME7 5PS
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15

Officers (1 active · 1 resigned)

BILAL, Muhammad
director · ~39y · appointed 2021-10-15
View their other companies + combined net worth →
Active
MARTINS, Esmenia Maria
director · ~35y · appointed 2018-12-18 · resigned 2021-10-15
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-17
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-08
gazette-notice-compulsory
gazette · GAZ1
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-15
appoint-person-director-company-with-name-date
officers · AP01
2021-10-15
termination-director-company-with-name-termination-date
officers · TM01
2021-10-15