Company Overview
Athag Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 22 January 1969, so this is a well established company. Athag Limited has been in business for 57 years and 2 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Well Spring Close, Carlyon Road Industrial Estate, Atherstone, CV9 1HU
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Companies House Data
Company NameATHAG LIMITED
Company Number00946470
Registered Office AddressWell Spring Close
 Carlyon Road Industrial Estate
 CV9 1HU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/01/1969
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/01/2017
Returns Last Made Up Date17/12/2015
Directors & Members
Show Resigned
Sean Davies - Director
(British, 62 years old, born March 1964)
Appointed 12 May 1999
 Active
Nicholas Sharpe - Director
(British, 62 years old, born April 1964)
Appointed 13 October 1993
 Active
Secretaries
Show Resigned
Other Company Directorships
Sean Davies
GUARDSMAN CONSULTANCY & DESIGN LIMITED
Nicholas Sharpe
GUARDSMAN CONSULTANCY & DESIGN LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 336,373 336,373 319,925
Current Assets 984,092 984,092 673,288
Creditors Due Within One Year 551,303 551,303 478,910
Working Cap 432,789 432,789 194,378
Total Assets Less Current Liabilities 769,162 769,162 514,303
Long-term Liabilities 222,240 222,240 215,518
Net Assets 546,922 546,922 298,785
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 546,922 546,922 298,785
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 25.5% 25.5% 32.2%
Stocks Inventory - - -
Debtors 50.7% 50.7% 45.7%
Cash Bank In Hand 11.5% 11.5% 9.6%
Current Assets 74.5% 74.5% 67.8%
Creditors Due Within One Year 41.8% 41.8% 48.2%
Net Current Assets Liabilities 32.8% 32.8% 19.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 41.4% 41.4% 30.1%
Capital Employed - - -
Total Assets Less Current Liabilities 58.2% 58.2% 51.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Liquidity Ratio 1.8 1.8 1.4
Solvency Ratio 1.7 1.7 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 11
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 7
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Assets 1,320,465 1,320,465 993,213
Debt 773,543 773,543 694,428
Net Assets/Debt 546,922 546,922 298,785

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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HARVEST MANAGEMENT LIMITED
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3 ENGINEERING LIMITED
WELL SPRING CLOSE, CARLYON ROAD INDUSTRIAL ESTATE, ATHERSTONE, WARWICKSHIRE, CV9 1HU
Document Filings
Confirmation statement made on 31 October 2025 with no updates
Confirmation statement made on 31 October 2024 with no updates
Confirmation statement made on 31 October 2023 with no updates
Memorandum and Articles of Association
Resolutions
Cessation of Nicholas Simon Sharpe as a person with significant control on 18 May 2023
Cessation of Sean Colman Davies as a person with significant control on 18 May 2023
Notification of Athag Holdings Ltd as a person with significant control on 18 May 2023
Satisfaction of charge 8 in full
Satisfaction of charge 7 in full
Satisfaction of charge 6 in full
Confirmation statement made on 17 December 2022 with no updates
Confirmation statement made on 17 December 2021 with no updates
Registration of charge 009464700010, created on 15 November 2021
Registration of charge 009464700011, created on 15 November 2021
Confirmation statement made on 17 December 2020 with no updates
Confirmation statement made on 17 December 2019 with updates
Confirmation statement made on 17 December 2018 with no updates
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