ALTA VISION LTD

💤Zombieactive
14111140 · ltd · incorporated 2022-05-17
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.
🔒Estimated value
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Turnover
year to May 2024
Net worth
£11.7k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 27320
Sector: Manufacturing
ALSO REGISTERED FOR
  • 42220SIC 42220
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. 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).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £11,683

Key financials

2 years extracted from filed iXBRL accounts
Cash
£172k
Net Worth
£12k
↑ 131% YoY
Current Assets
£228k
↑ 151% YoY
Current Liabilities
£0£46k£91k£137k£183k£228kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31
Total assets£203.3k£88.9k
Current assets£228.4k£90.8k
Cash£172.1k
Debtors£56.3k
Net assets£11.7k£5.1k

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-06-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-01
    DISSANAYAKA MUDIYANSELAGE, Charith Buddika Dissanayaka resigned
    director
  3. 2025-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-06-10
    DISSANAYAKA MUDIYANSELAGE, Charith Buddika Dissanayaka appointed
    director
  5. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-12-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-12-01
    MUTHUKUMARANA, Rachitha resigned
    secretary
  10. 2022-05-17
    🏢
    Company incorporated
    As ALTA VISION LTD
  11. 2022-05-17
    MUTHUKUMARANA, Erantha Piushan appointed
    director
  12. 2022-05-17
    MUTHUKUMARANA, Rachitha appointed
    secretary
  13. 2022-05-17
    📄
    incorporation-company
    incorporation · NEWINC

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

1 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: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Erantha Piushan Muthukumarana
Individual · British · DOB 11/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/05/2022

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

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
Incorporated2022-05-17
Jurisdictionengland-wales
Primary SIC27320 — SIC 27320

Registered office

11 Park Lane
Hornchurch
RM11 1BB
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-05-30
Last: 2026-05-16

Officers (1 active · 2 resigned)

MUTHUKUMARANA, Erantha Piushan
director · ~46y · appointed 2022-05-17
View their other companies + combined net worth →
Active
MUTHUKUMARANA, Rachitha
secretary · appointed 2022-05-17 · resigned 2022-12-01
Resigned
DISSANAYAKA MUDIYANSELAGE, Charith Buddika Dissanayaka
director · ~44y · appointed 2025-06-10 · resigned 2026-05-01
Resigned

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-19
termination-director-company-with-name-termination-date
officers · TM01
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
termination-secretary-company-with-name-termination-date
officers · TM02
2022-12-14
incorporation-company
incorporation · NEWINC
2022-05-17