ATHLÉ LTD

🌱Startupactive
16523367 · ltd · incorporated 2025-06-17
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: SIC 32300
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46420Wholesale of clothing and footwear
  • 47640SIC 47640
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
Network not yet resolved
30
Filing history
1 filing — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (4 events)Click to expand
  1. 2025-06-17
    🏢
    Company incorporated
    As ATHLÉ LTD
  2. 2025-06-17
    BURNS, Gavin Kenneth appointed
    director
  3. 2025-06-17
    BURNS, Louis Samuel appointed
    director
  4. 2025-06-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.1 years old — management layer unlikely to be developed.

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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gavin Kenneth Burns
Individual · English · DOB 10/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control17/06/2025
Mr Louis Samuel Burns
Individual · British · DOB 02/2007 · age 19
2550%
25–50%board control25-50% shares · 25-50% voting · board control17/06/2025

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 →
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Company details

Statusactive
Typeltd
Incorporated2025-06-17
Jurisdictionengland-wales
Primary SIC32300 — SIC 32300

Registered office

17 Gayton Road
Washington
NE37 3BW
United Kingdom

Filing status

Accounts
Next due: 2027-03-17
Last made up to:
Confirmation statement
Next due: 2026-06-30OVERDUE
Last:

Officers (2 active · 0 resigned)

BURNS, Gavin Kenneth
director · ~53y · appointed 2025-06-17
View their other companies + combined net worth →
Active
BURNS, Louis Samuel
director · ~19y · appointed 2025-06-17
View their other companies + combined net worth →
Active

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

Recent filings (1 total)

incorporation-company
incorporation · NEWINC
2025-06-17