ATHERAS ANALYTICS LIMITED

⚰️Wound downliquidation
12846106 · ltd · incorporated 2020-08-31
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: Satellite telecommunications activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 40/100. Asset purchase likely safer than share purchase given structural signals. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: high (84/100)

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
6 officers (4 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
28
Multiple red flags — proceed with caution.
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees600600

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

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-04-08
    ⚠️
    liquidation-disclaimer-notice
    insolvency · NDISC
  3. 2025-03-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-03-31
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2025-03-31
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  6. 2025-03-31
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2024-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2023-12-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2023-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-10-04
    BRENNAN, Liam, Dr resigned
    director
  15. 2023-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-03-17
    📄
    capital-alter-shares-subdivision
    capital · SH02
  17. 2023-03-17
    📄
    memorandum-articles
    incorporation · MA
  18. 2023-03-17
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2023-01-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  20. 2022-11-29
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2022-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-06-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-06-14
    VENTOURAS, Spyridon, Dr resigned
    director
  24. 2022-04-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-04-05
    KOUROGIORGAS, Charilaos appointed
    director
  26. 2021-06-08
    EDGE, Lucy Kathryne appointed
    director
  27. 2021-06-01
    AFFONSO, Mark Andrew appointed
    director
  28. 2021-06-01
    BRENNAN, Liam, Dr appointed
    director
  29. 2020-08-31
    🏢
    Company incorporated
    As ATHERAS ANALYTICS LIMITED
  30. 2020-08-31
    YATES, John Francis appointed
    director
  31. 2020-08-31
    VENTOURAS, Spyridon, Dr appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

3 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2025-04-03

Company in liquidation
high

Company is actively being wound up. Not a going concern.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-04-08: liquidation-disclaimer-notice; 2025-03-31: liquidation-voluntary-statement-of-affairs

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
The Uk Innovation & Science Seed Fund
Corporate parent · holds 25-50% shares
significant stake
🏛️
Stfc Innovations Limited
Corporate parent · holds 25-50% shares
significant stake
ATHERAS ANALYTICS LIMITED
This company · 12846106

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
The Uk Innovation & Science Seed Fund
Corporate entity
2550%
25-50% shares20/10/2021
Stfc Innovations Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting26/03/2021
2 historic (ceased) PSCs
  • Dr Spyridon Ventourasceased 26/03/2021· 25-50% shares · 25-50% voting · board control
  • Mr John Francis Yatesceased 26/03/2021· 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 →

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

11 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

Statusliquidation
Typeltd
Incorporated2020-08-31
Jurisdictionengland-wales
Primary SIC61300 — Satellite telecommunications activities

Registered office

Suite 18 Stanta Business Centre
3 Soothouse Spring
St. Albans
Hertfordshire
AL3 6PF

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2025-04-03OVERDUE
Last: 2024-03-20

Officers (4 active · 2 resigned)

AFFONSO, Mark Andrew
director · ~63y · appointed 2021-06-01
View their other companies + combined net worth →
Active
EDGE, Lucy Kathryne
director · ~51y · appointed 2021-06-08
View their other companies + combined net worth →
Active
KOUROGIORGAS, Charilaos
director · ~41y · appointed 2022-04-05
View their other companies + combined net worth →
Active
YATES, John Francis
director · ~68y · appointed 2020-08-31
View their other companies + combined net worth →
Active
BRENNAN, Liam, Dr
director · ~40y · appointed 2021-06-01 · resigned 2023-10-04
Resigned
VENTOURAS, Spyridon, Dr
director · ~66y · appointed 2020-08-31 · resigned 2022-06-14
Resigned

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

Recent filings (44 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-05
liquidation-disclaimer-notice
insolvency · NDISC
2025-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-31
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2025-03-31
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-03-31
resolution
resolution · RESOLUTIONS
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
change-person-director-company-with-change-date
officers · CH01
2024-03-26
change-person-director-company-with-change-date
officers · CH01
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-07
termination-director-company-with-name-termination-date
officers · TM01
2023-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-11