ALETHIUM LIMITED
💤Zombieactive
14540941 · ltd · incorporated 2022-12-14
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
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£6.8k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).
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, 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
17 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
60
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £6,837
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£7k
↑ 46% YoY
Current Assets
£3k
↑ 75% 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 | £5.5k | £2.8k |
| Current assets | £3.5k | £2.0k |
| Net assets | £6.8k | £4.7k |
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
2
filings
- • 2 gazette
Last 180 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-03-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-24📄gazette-notice-compulsorygazette · GAZ1
- 2025-11-28📄resolutionresolution · RESOLUTIONS
- 2025-11-28📄memorandum-articlesincorporation · MA
- 2025-05-29➖KENDRICK, Samuel resigneddirector
- 2025-05-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-05📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-14➕MCCORMACK, Patrick Christopher appointeddirector
- 2023-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-14🏢Company incorporatedAs ALETHIUM LIMITED
- 2022-12-14➕KENDRICK, Samuel appointeddirector
- 2022-12-14📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Patrick Christopher Mccormack Individual · British · DOB 07/1978 · age 48 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control · firm interest | 14/09/2023 |
1 historic (ceased) PSC
- Mr Samuel Kendrickceased 14/09/2023· 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 · Technology · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A C S SOLUTIONS LIMITED→ 03302391 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| AKUMEN LTD→ 05196079 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ALL TOLD CREATIVE LTD→ 13541021 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALTERNATIVE REALITIES LIMITED→ 10295530 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALVYN LTD→ 16439630 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMAZING IT LTD→ 12993757 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMBER ZEBRA PRODUCTIONS LTD→ 16759519 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMETHYST DEVELOPMENTS LIMITED→ 02924079 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| AMITIS GROUP LTD→ 12892120 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANCILE LIMITED→ 13095914 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANKOTH PRODUCTIONS LTD→ 15265006 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANNA MARSHALL CONSULTANCY LTD→ 14605096 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2022-12-14
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
3 Craigwell Villas Lane End Road
Instow
Bideford
EX39 4LD
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (1 active · 1 resigned)
MCCORMACK, Patrick Christopher→
Activedirector · ~48y · appointed 2023-09-14
View their other companies + combined net worth →
KENDRICK, Samuel→
Resigneddirector · ~48y · appointed 2022-12-14 · resigned 2025-05-29
Click a director name to see their full track record across all companies.
Recent filings (17 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-25
gazette-notice-compulsory
gazette · GAZ1
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
resolution
resolution · RESOLUTIONS
2025-11-28
memorandum-articles
incorporation · MA
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-05-29
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-14
appoint-person-director-company-with-name-date
officers · AP01
2023-09-14