ALTAY TRADING LTD

🌱Startupactive
16488131 · ltd · incorporated 2025-06-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (55/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (0 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 1 gazette
  • 1 officers
  • 1 address
Last 180 days
3
filings
  • 1 gazette
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-04-30
    UZUNOV, Emil Albenov resigned
    director
  4. 2026-04-09
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  5. 2025-09-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-09-05
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  7. 2025-09-05
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  8. 2025-09-05
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  9. 2025-08-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-06-02
    🏢
    Company incorporated
    As ALTAY TRADING LTD
  12. 2025-06-02
    ERTUGRUL, Altay appointed
    director
  13. 2025-06-02
    ERTUGRUL, Altay resigned
    director
  14. 2025-06-02
    UZUNOV, Emil Albenov appointed
    director
  15. 2025-06-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Young company: Only 1.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

2 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-15

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Altay Ertugrul
Individual · Turkish · DOB 09/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/06/2025

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2025-06-02
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

16488131 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due: 2027-03-02
Last made up to:
Confirmation statement
Next due: 2026-06-15OVERDUE
Last:

Officers (0 active · 2 resigned)

ERTUGRUL, Altay
director · ~61y · appointed 2025-06-02 · resigned 2025-06-02
Resigned
UZUNOV, Emil Albenov
director · ~51y · appointed 2025-06-02 · resigned 2026-04-30
Resigned

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

Recent filings (10 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-19
termination-director-company-with-name-termination-date
officers · TM01
2026-05-15
default-companies-house-registered-office-address-applied
address · RP05
2026-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-19
default-companies-house-registered-office-address-applied
address · RP05
2025-09-05
default-companies-house-service-address-applied-officer
address · RP09
2025-09-05
default-companies-house-service-address-applied-psc
address · RP10
2025-09-05
termination-director-company-with-name-termination-date
officers · TM01
2025-08-15
appoint-person-director-company-with-name-date
officers · AP01
2025-08-15
incorporation-company
incorporation · NEWINC
2025-06-02