ALGAE PRODUCTS INTERNATIONAL LTD

🌿Early-stageactive
14745481 · ltd · incorporated 2023-03-21
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-81.1k
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
ALSO REGISTERED FOR
  • 72110Research and experimental development on biotechnology
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 60/100. 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 (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £81,097
Cash YoY
+86%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£14k
↑ 86% YoY
Net Worth
-£81k
↓ 35% YoY
Current Assets
£34k
↑ 23% YoY
Current Liabilities
-£81k-£58k-£35k-£12k£11k£34kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-81.1k£-60.1k
Current assets£33.7k£27.4k
Cash£14.1k£7.6k
Debtors£9.6k£9.9k
Net assets£-81.1k£-60.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-08-06
    BARRON, Andrew Ross, Professor appointed
    director
  5. 2023-03-21
    🏢
    Company incorporated
    As ALGAE PRODUCTS INTERNATIONAL LTD
  6. 2023-03-21
    AL-THANI, Abdulla Faisal J A, Sheikh appointed
    director
  7. 2023-03-21
    RASUL, Ferhan appointed
    director
  8. 2023-03-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.

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: 2026-04-03

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ferhan Rasul
Individual · British · DOB 07/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/03/2023
Sheikh Abdulla Faisal J A Al-Thani
Individual · Qatari · DOB 02/1997 · age 29
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/03/2023

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.

See pricing →

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

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.

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
Typeltd
Incorporated2023-03-21
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890

Registered office

Cardigan House, Castle Court C/O Bevan Buckland Llp, Ground Floor
Swansea Enterprise Park
Swansea
SA7 9LA
Wales

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-03OVERDUE
Last: 2025-03-20

Officers (3 active · 0 resigned)

AL-THANI, Abdulla Faisal J A, Sheikh
director · ~29y · appointed 2023-03-21
View their other companies + combined net worth →
Active
BARRON, Andrew Ross, Professor
director · ~64y · appointed 2024-08-06
View their other companies + combined net worth →
Active
RASUL, Ferhan
director · ~47y · appointed 2023-03-21
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
appoint-person-director-company-with-name-date
officers · AP01
2024-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09
incorporation-company
incorporation · NEWINC
2023-03-21