ATRIUM BUSINESS LTD

🌿Early-stageactive
SC773495 · ltd · incorporated 2023-06-22
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
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Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 0.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-30
Average employees300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-08-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-06-10
    🔒
    Charge registered #3
    Lender: Atom Bank PLC
  6. 2025-06-09
    🔒
    Charge registered #2
    Lender: Atom Bank PLC
  7. 2025-06-09
    🔒
    Charge registered #1
    Lender: Atom Bank PLC
  8. 2025-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-07-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2023-06-22
    🏢
    Company incorporated
    As ATRIUM BUSINESS LTD
  11. 2023-06-22
    YARDLEY, Stewart appointed
    director
  12. 2023-06-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-06-10: A registered charge; 2025-06-09: A registered charge; 2025-06-09: A registered charge

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stewart Yardley
Individual · British · DOB 12/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/06/2023

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.

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

10 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.

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Company details

Statusactive
Typeltd
Incorporated2023-06-22
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Atrium Business Centre
North Caldeen Road
Coatbridge
ML5 4EF
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-12
Last: 2025-06-28

Officers (1 active · 0 resigned)

YARDLEY, Stewart
director · ~49y · appointed 2023-06-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property10/06/2025
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property09/06/2025
outstanding
Atom Bank
Atom Bank PLC
A registered charge09/06/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (10 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
certificate-change-of-name-company
change-of-name · CERTNM
2023-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-28
incorporation-company
incorporation · NEWINC
2023-06-22