AETHEL MINING EUROPE LIMITED

💤Zombieactive
11875859 · ltd · incorporated 2019-03-12
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2022
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 07100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 07290SIC 07290
  • 08990SIC 08990
  • 09900SIC 09900
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (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 (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
0 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
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

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2022-12-31

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
1
filing
  • 1 dissolution
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 (24 events)Click to expand
  1. 2026-07-02
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-05-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-12-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-03-24
    SCHUBERT, Aba Rosa resigned
    director
  6. 2025-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-11-07
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  9. 2023-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2023-11-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-11-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-11-07
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  14. 2023-10-25
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  15. 2023-10-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-10-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2023-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2019-03-12
    🏢
    Company incorporated
    As AETHEL MINING EUROPE LIMITED
  23. 2019-03-12
    DOS SANTOS SILVA, Ricardo Jorge appointed
    director
  24. 2019-03-12
    SCHUBERT, Aba Rosa 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

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: 2025-09-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-25

🔒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

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
Incorporated2019-03-12
Jurisdictionengland-wales
Primary SIC07100 — SIC 07100

Registered office

27 Old Gloucester Street
London
WC1N 3AX
United Kingdom

Filing status

Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-03-25OVERDUE
Last: 2025-03-11

Officers (1 active · 1 resigned)

DOS SANTOS SILVA, Ricardo Jorge
director · ~48y · appointed 2019-03-12
View their other companies + combined net worth →
Active
SCHUBERT, Aba Rosa
director · ~50y · appointed 2019-03-12 · resigned 2025-03-24
Resigned

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

Recent filings (31 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-07-02
gazette-notice-compulsory
gazette · GAZ1
2026-05-12
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-13
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2025-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-15
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2023-11-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-07
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-11-07
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2023-10-25