ALTITUDE ELECTRICAL LIMITED

💤Zombieactive
14824658 · ltd · incorporated 2023-04-24
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 Apr 2025
Net worth
£32.8k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 43210Electrical installation
  • 43220Plumbing, heat and air-conditioning installation
Investor take
Pursue
Strong 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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
16 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 · FRS 105 (micro)
Positive net assets
Net assets £32,803

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£33k
↑ 25% YoY
Current Assets
£43k
↑ 31% YoY
Current Liabilities
£0£9k£17k£26k£35k£43kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£71.4k£50.2k
Current assets£43.1k£32.8k
Net assets£32.8k£26.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-01-14
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2026-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-01-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-01-12
    📄
    memorandum-articles
    incorporation · MA
  5. 2026-01-12
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2026-01-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2025-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-02-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-02-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-08-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-04-24
    🏢
    Company incorporated
    As ALTITUDE ELECTRICAL LIMITED
  14. 2023-04-24
    SHELDON, Lewis Kevin appointed
    director
  15. 2023-04-24
    📄
    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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Lucy-Anne Megan Sheldon
Individual · British · DOB 01/1994 · age 32
2550%
25–50%25-50% shares · 25-50% voting12/01/2026
Mr Lewis Kevin Sheldon
Individual · British · DOB 10/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/04/2023

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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04204082 · est 2001 · no financials extracted
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15851202 · est 2024 · no financials extracted
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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
Incorporated2023-04-24
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

C/O Iwn Accountancy Limited The Echo Building
18 Albert Road
Bournemouth
Dorset
BH1 1BZ
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12

Officers (1 active · 0 resigned)

SHELDON, Lewis Kevin
director · ~33y · appointed 2023-04-24
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
memorandum-articles
incorporation · MA
2026-01-12
resolution
resolution · RESOLUTIONS
2026-01-12
capital-name-of-class-of-shares
capital · SH08
2026-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
change-person-director-company-with-change-date
officers · CH01
2024-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-02