ATHENA PROSPECTS LTD

🚨Distressedactive
15022220 · ltd · incorporated 2023-07-24
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-17.3k
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 64209Activities of other holding companies n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 50/100. 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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
7 connected companies via shared directors
66
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
50
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
Negative net assets
Liabilities exceed assets by £17,333

Key financials

1 year extracted from filed iXBRL accounts
Cash
£2k
Net Worth
-£17k
Current Assets
£2k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-31
Total assets£-17.3k
Current assets£1.8k
Cash£1.5k
Debtors£229
Net assets£-17.3k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-07-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-08-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-10-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-07-24
    🏢
    Company incorporated
    As ATHENA PROSPECTS LTD
  8. 2023-07-24
    CARTER, Graham Anthony appointed
    director
  9. 2023-07-24
    SMALLBONE, Paul Sanchez appointed
    director
  10. 2023-07-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some 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 signal

Limited 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

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: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Sanchez Smallbone
Individual · British · DOB 08/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/07/2023
Mr Graham Anthony Carter
Individual · British · DOB 06/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control24/07/2023

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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🔒Tailored diligence questions

9 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
Incorporated2023-07-24
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Farm House Bredon Fields Farm
Mill Lane
Strensham
Worcestershire
WR8 9LB
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23

Officers (2 active · 0 resigned)

CARTER, Graham Anthony
director · ~40y · appointed 2023-07-24
View their other companies + combined net worth →
Active
SMALLBONE, Paul Sanchez
director · ~39y · appointed 2023-07-24
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

gazette-notice-compulsory
gazette · GAZ1
2026-07-14
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
change-person-director-company-with-change-date
officers · CH01
2023-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-30
incorporation-company
incorporation · NEWINC
2023-07-24