AT & P (TOPCO) LTD

🌱Startupactive
16730292 · ltd · incorporated 2025-09-19
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
70/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 2 insolvency-related filings on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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
22
filings
  • 9 capital
  • 4 resolution
  • 3 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2025-12-18
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-12-18
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  4. 2025-12-18
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2025-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-12-18
    📄
    memorandum-articles
    incorporation · MA
  7. 2025-12-18
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2025-12-17
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2025-12-17
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2025-12-11
    📄
    legacy
    capital · SH20
  11. 2025-12-11
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  12. 2025-12-11
    ⚠️
    legacy
    insolvency · CAP-SS
  13. 2025-12-11
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2025-12-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2025-12-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2025-12-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2025-12-10
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  18. 2025-12-10
    📄
    legacy
    capital · SH20
  19. 2025-12-10
    ⚠️
    legacy
    insolvency · CAP-SS
  20. 2025-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2025-12-10
    📄
    capital-allotment-shares
    capital · SH01
  22. 2025-09-19
    🏢
    Company incorporated
    As AT & P (TOPCO) LTD
  23. 2025-09-19
    LEONARD, Charles Joseph appointed
    director
  24. 2025-09-19
    LEONARD, Michael Patrick appointed
    director
  25. 2025-09-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 0.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-11: legacy; 2025-12-10: legacy

Group structure

At & P Investments Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
At & P Investments Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
AT & P (TOPCO) LTD
This company · 16730292

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%
NameSharesVoting rightsNature of controlNotified
At & P Investments Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/12/2025
2 historic (ceased) PSCs
  • Mr Charles Joseph Leonardceased 10/12/2025· 25-50% shares · 25-50% voting
  • Mr Michael Patrick Leonardceased 10/12/2025· 25-50% shares · 25-50% voting

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

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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
Incorporated2025-09-19
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Clevestone Works
Slapewath
Guisborough
TS14 6PX
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to:
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (2 active · 0 resigned)

LEONARD, Charles Joseph
director · ~62y · appointed 2025-09-19
View their other companies + combined net worth →
Active
LEONARD, Michael Patrick
director · ~58y · appointed 2025-09-19
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-04
resolution
resolution · RESOLUTIONS
2025-12-18
memorandum-articles
incorporation · MA
2025-12-18
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-12-18
capital-name-of-class-of-shares
capital · SH08
2025-12-18
resolution
resolution · RESOLUTIONS
2025-12-18
memorandum-articles
incorporation · MA
2025-12-18
capital-name-of-class-of-shares
capital · SH08
2025-12-18
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-12-17
change-account-reference-date-company-current-shortened
accounts · AA01
2025-12-17
legacy
capital · SH20
2025-12-11
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-11
legacy
insolvency · CAP-SS
2025-12-11
resolution
resolution · RESOLUTIONS
2025-12-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-10