ALTERED CAPITAL UK LLP
💤Zombieactive
OC431275 · llp · incorporated 2020-03-25
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
—
book net assets
Opportunity
61/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 61/100 (worth a look), bankability 65/100. 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: strategic trade sale (63/100).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
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 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-15📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2024-05-15📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2024-05-14📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-05-14📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-05-14📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-04-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-04-04📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2023-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-23📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-03-23📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2023-03-23📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2023-03-23📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2022-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-05-26✏️change-of-name-notice-limited-liability-partnershipchange-of-name · LLNM01
- 2022-04-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-03-29📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC05
- 2022-03-29📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2022-03-24📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2022-03-24📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC02
- 2022-03-24📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-10-31➕MAWDSLEY, Craig John appointedllp-designated-member
- 2021-10-31➕ALTERED CAPITAL LIMITED appointedcorporate-llp-member
- 2021-10-31➖MGFO UK 2020 LTD resignedcorporate-llp-designated-member
- 2020-03-25🏢Company incorporatedAs ALTERED CAPITAL UK LLP
- 2020-03-25➕FEA, Mcgregor Duncan appointedllp-designated-member
- 2020-03-25➕TRAILL, Marcus John appointedllp-designated-member
- 2020-03-25➕MGFO UK 2020 LTD appointedcorporate-llp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-31
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Marcus John Traill Individual · New Zealander · DOB 05/1976 · age 50 | — | 75–100% | 75-100% voting | 17/03/2023 |
2 historic (ceased) PSCs
- Altered Capital Limitedceased 17/03/2023· 75-100% voting · firm interest
- Mr Marcus John Traillceased 31/10/2021· 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · CA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 'A1' ARBORISTS LIMITED→ 06449984 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 104 HOLDINGS UK LTD→ 14087431 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 106-108 ST LEONARDS ROAD RTM COMPANY LIMITED→ 14015678 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 121 CARE AGENCY LIMITED→ 15657669 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1816 CROWN PROPERTY LIMITED→ 15636424 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 20 ALDERBROOK ROAD RESIDENTS LIMITED→ 05137061 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 20TEN CONTRACTS LTD→ 16785571 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 214FOODDRINK LTD→ 14752323 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 24SEVEN MAINTENANCE SERVICES LIMITED→ 04660961 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| 26 AT 27 LIMITED→ 04186710 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 2COURTSQUARE LIMITED→ 13609687 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 DADS WALKING LIMITED→ 13806233 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Typellp
Incorporated2020-03-25
Jurisdictionengland-wales
Primary SIC—
Registered office
2 Europe Way
Cockermouth
Cumbria
CA13 0RJ
United Kingdom
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-03-31OVERDUE
Last: 2025-03-17
Officers (4 active · 1 resigned)
FEA, Mcgregor Duncan→
Activellp-designated-member · ~35y · appointed 2020-03-25
View their other companies + combined net worth →
MAWDSLEY, Craig John→
Activellp-designated-member · ~50y · appointed 2021-10-31
View their other companies + combined net worth →
TRAILL, Marcus John→
Activellp-designated-member · ~50y · appointed 2020-03-25
View their other companies + combined net worth →
ALTERED CAPITAL LIMITED→
Activecorporate-llp-member · appointed 2021-10-31
View their other companies + combined net worth →
MGFO UK 2020 LTD→
Resignedcorporate-llp-designated-member · appointed 2020-03-25 · resigned 2021-10-31
Click a director name to see their full track record across all companies.
Recent filings (45 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-27
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2024-05-15
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2024-05-15
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-05-14
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-05-14
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-04-06
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2024-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-03-23
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2023-03-23
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC01
2023-03-23