ATHENA NEUROLOGY LIMITED
🏛️Establishedactive
12952877 · ltd · incorporated 2020-10-15
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 Sept 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Hospital activities
Sector: Human health & social work
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2026-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-23➕MERRISMITH, Alice appointeddirector
- 2025-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-13📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-10-15🏢Company incorporatedAs ATHENA NEUROLOGY LIMITED
- 2020-10-15➕MERRISON, Andria Frances Alexandra, Dr appointeddirector
- 2020-10-15📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr Andria Frances Alexandra Merrison Individual · British · DOB 03/1972 · age 54 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 15/10/2020 |
Dr David Lindsey Smith Individual · British · DOB 09/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/10/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A V SCANS & DIAGNOSTICS LIMITED→ 09643498 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A WADSWORTH LIMITED→ 08071144 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ANCHOR COMMUNITY SUPPORT LTD→ 13493927 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANCHOR DAY NURSERY LIMITED→ 11102568 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARTS AFTERSCHOOL LTD→ 15771432 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASA GLOBAL HEALTH LIMITED→ 13781665 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASPIRATIONS SUPPORT BRISTOL LIMITED→ 07012576 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ATHRAA LIMITED→ 07497471 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ATLANTIC FOREST CONSERVATION CIC→ 16362124 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AUGUST VENTURES LTD→ 16648966 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUGUSTIN DICK LTD→ 13760966 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AURAZON23 LTD→ 16720299 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2020-10-15
Jurisdictionengland-wales
Primary SIC86101 — Hospital activities
Registered office
Lower Farm Lower Tockington Road
Tockington
Bristol
BS32 4LE
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (2 active · 0 resigned)
MERRISMITH, Alice→
Activedirector · ~19y · appointed 2025-06-23
View their other companies + combined net worth →
MERRISON, Andria Frances Alexandra, Dr→
Activedirector · ~54y · appointed 2020-10-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (13 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-21
change-account-reference-date-company-current-shortened
accounts · AA01
2020-11-13
incorporation-company
incorporation · NEWINC
2020-10-15