ATLAS FUNDING 2024-1 PLC
🌿Early-stageactive
15613601 · plc · incorporated 2024-04-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company 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. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 2.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.1 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (58/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-03📄accounts-with-accounts-type-fullaccounts · AA
- 2026-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-16🔒Charge registered #2Lender: Citicorp Trustee Company Limited (The “Note Trustee” and “Security Trustee”)
- 2025-08-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-05➕WATSON, Alasdair James David appointeddirector
- 2025-08-05➖MCGRATH, Catherine Mary Elizabeth resigneddirector
- 2025-05-19📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-12-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-31🔒Charge registered #1Lender: Citicorp Trustee Company Limited
- 2024-04-30📄legacyincorporation · CERT8A
- 2024-04-30📄application-trading-certificatereregistration · SH50
- 2024-04-24📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-04-24📄capital-allotment-sharescapital · SH01
- 2024-04-03🏢Company incorporatedAs ATLAS FUNDING 2024-1 PLC
- 2024-04-03➕CSC CORPORATE SERVICES (UK) LIMITED appointedcorporate-secretary
- 2024-04-03➕CSC DIRECTORS (NO.1) LIMITED appointedcorporate-director
- 2024-04-03➕CSC DIRECTORS (NO.2) LIMITED appointedcorporate-director
- 2024-04-03➕MCGRATH, Catherine Mary Elizabeth appointeddirector
- 2024-04-03📄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
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Atlas Holdings 2024-1 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Atlas Holdings 2024-1 Limited
Corporate parent · holds 75-100% shares · board control
⬇
ATLAS FUNDING 2024-1 PLC
This company · 15613601
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Atlas Holdings 2024-1 Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/04/2024 |
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 · Financial services · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANDERSON ROSS FINANCIAL SERVICES LTD→ 03668738 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ASIMI FUNDING 2025-1 HOLDINGS LIMITED→ 16278171 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASPERTREE INVESTMENTS LTD→ 13087210 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASSUR EXPERT LTD→ 15284611 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASTON-AN LIMITED→ 13044333 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATLANTIAN CROWN BK LIMITED→ 16713866 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATLANTICA GLOBAL LTD→ 13930980 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ATLAS INVESTED LIMITED→ 16220522 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATOM FINANCE LTD→ 15157140 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AUBURN 15 HOLDINGS LIMITED→ 14022209 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AUREON CAPITAL LTD→ 16598526 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUREUS FX LIMITED→ 14396756 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Typeplc
Incorporated2024-04-03
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
10th Floor 5 Churchill Place
London
E14 5HU
United Kingdom
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (4 active · 1 resigned)
CSC CORPORATE SERVICES (UK) LIMITED→
Activecorporate-secretary · appointed 2024-04-03
View their other companies + combined net worth →
WATSON, Alasdair James David→
Activedirector · ~56y · appointed 2025-08-05
View their other companies + combined net worth →
CSC DIRECTORS (NO.1) LIMITED→
Activecorporate-director · appointed 2024-04-03
View their other companies + combined net worth →
CSC DIRECTORS (NO.2) LIMITED→
Activecorporate-director · appointed 2024-04-03
View their other companies + combined net worth →
MCGRATH, Catherine Mary Elizabeth→
Resigneddirector · ~37y · appointed 2024-04-03 · resigned 2025-08-05
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Citicorp Trustee Company (The “Note Trustee” and “Security Trustee”) Citicorp Trustee Company Limited (The “Note Trustee” and “Security Trustee”) | A registered charge | 1 property | 16/03/2026 | — | |
| outstanding | Citicorp Trustee Company Citicorp Trustee Company Limited | A registered charge | — | 31/05/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (17 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-full
accounts · AA
2026-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-27
appoint-person-director-company-with-name-date
officers · AP01
2025-08-06
termination-director-company-with-name-termination-date
officers · TM01
2025-08-06
accounts-with-accounts-type-full
accounts · AA
2025-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-10
legacy
incorporation · CERT8A
2024-04-30
application-trading-certificate
reregistration · SH50
2024-04-30
change-account-reference-date-company-current-shortened
accounts · AA01
2024-04-24