ALTCOM RAIL LTD
🏛️Establishedactive
12447124 · ltd · incorporated 2020-02-06
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 Mar 2025
Net worth
£-8.0k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 declaredNegative net assets
Liabilities exceed assets by £7,954
Cash YoY
-3%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£564
↓ 3.3% YoY
Net Worth
-£8k
↓ 9.0% YoY
Current Assets
—
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 | £-8.0k | £-7.3k |
| Current assets | — | £583 |
| Cash | £564 | £583 |
| Net assets | £-8.0k | £-7.3k |
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 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-02-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-02-06🏢Company incorporatedAs ALTCOM RAIL LTD
- 2020-02-06➕COWLES, John Frederick appointeddirector
- 2020-02-06➕JUPE, Andrew John, Dr appointeddirector
- 2020-02-06📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Silverrail Technologies Uk Ltd
Corporate parent · holds 25-50% shares · board control
🏛️majority
Altcom Limited
Corporate parent · holds 50-75% shares · board control
⬇
ALTCOM RAIL LTD
This company · 12447124
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Altcom Limited Corporate entity | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/02/2020 |
Silverrail Technologies Uk Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/03/2021 |
2 historic (ceased) PSCs
- Mr John Frederick Cowlesceased 06/02/2020· 25-50% shares · 25-50% voting · board control
- Dr Andrew John Jupeceased 06/02/2020· 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
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|---|---|---|---|---|---|---|---|
| 1001 BOOKS LIMITED→ 15335634 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 10IS.AI LTD→ 16879368 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A-CONNECT LTD→ 04953895 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ABBOTSWOOD CORPORATE SERVICES LIMITED→ 06568461 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ACCESS ADVENTURE PRODUCTIONS LTD→ 15881131 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AION INDUSTRIES LTD→ 17006867 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIVIZION LTD→ 16474900 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLYEARBOOKS LIMITED→ 05137269 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AMAE CARA INTERNATIONAL LTD→ 16771847 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMBUSH PRODUCTIONS LTD→ 12319031 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMPERSAND INDUSTRIES LTD→ 06868336 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AMPLI LIMITED→ 15857403 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →🔒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
Incorporated2020-02-06
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (2 active · 0 resigned)
COWLES, John Frederick→
Activedirector · ~66y · appointed 2020-02-06
View their other companies + combined net worth →
JUPE, Andrew John, Dr→
Activedirector · ~62y · appointed 2020-02-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-09
change-person-director-company-with-change-date
officers · CH01
2021-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-25