ALTILITECH LTD
🏛️Establishedactive
12853464 · ltd · incorporated 2020-09-02
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
£-485.6k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -86% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (81/100)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 (4 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
26 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £485,584
Cash draining
Cash down 86% YoY
Cash YoY
-86%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£14k
↓ 86% YoY
Net Worth
-£486k
↓ 194% YoY
Current Assets
£240k
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-485.6k | £-165.0k |
| Current assets | £239.9k | £290.0k |
| Cash | £13.9k | £96.3k |
| Debtors | £225.9k | £193.7k |
| Net assets | £-485.6k | £-165.0k |
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 (26 events)Click to expand
- 2025-12-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-23📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-10➕KELSHALL, David appointedsecretary
- 2024-09-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-15📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-15📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-10-05➕NEWSON, Christopher Howard appointedsecretary
- 2021-09-29📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-08-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-07-16➖PARRY, Richard resignedsecretary
- 2021-02-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-06➕MARSTON, Christian Henry appointeddirector
- 2020-09-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-09-02🏢Company incorporatedAs ALTILITECH LTD
- 2020-09-02➕MAHDAVI, Kamran appointeddirector
- 2020-09-02➕PARRY, Richard appointedsecretary
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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
Altilium Metals Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Altilium Metals Ltd
Corporate parent · holds 75-100% shares · board control
⬇
ALTILITECH LTD
This company · 12853464
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Altilium Metals Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/11/2021 |
1 historic (ceased) PSC
- Mr Kamran Mahdaviceased 01/11/2021· 75-100% shares · 75-100% 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
Active · Professional services · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J DAVIS (ENVIROELECTRICAL ENGINEERS) LIMITED→ 11809112 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AINIGMA UNIVERSE UK LTD→ 15807678 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJSL CONSULTING LTD→ 16235000 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEXANDER ROSE HOLDINGS LTD→ 12734661 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALIGN BUSINESS CONSULTANCY LTD→ 14049402 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL THE BEST IDEAS LTD→ 11918150 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALLIANCE LEGAL LIMITED→ 12234427 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALLIED PROJECT SOLUTIONS LTD→ 13118063 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALMA LAW LIMITED→ 10771310 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALPURE VENTURES LIMITED→ 15590600 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALTIDOC LTD→ 16395211 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALTILIUM CLEAN TECHNOLOGY LTD→ 14041963 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2020-09-02
Jurisdictionengland-wales
Primary SIC72190 — Other research and experimental development on natural sciences and engineering
Registered office
2 Western Wood Way
Langage Business Park
Plymouth
PL7 5BG
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (4 active · 1 resigned)
Active
NEWSON, Christopher Howard→
Activesecretary · appointed 2021-10-05
View their other companies + combined net worth →
MAHDAVI, Kamran→
Activedirector · ~50y · appointed 2020-09-02
View their other companies + combined net worth →
MARSTON, Christian Henry→
Activedirector · ~57y · appointed 2020-11-06
View their other companies + combined net worth →
PARRY, Richard→
Resignedsecretary · appointed 2020-09-02 · resigned 2021-07-16
Click a director name to see their full track record across all companies.
Recent filings (26 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
appoint-person-secretary-company-with-name-date
officers · AP03
2025-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
change-person-director-company-with-change-date
officers · CH01
2022-11-15
change-person-director-company-with-change-date
officers · CH01
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-11-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-02