ALSAMEX PRODUCTS LIMITED

🌳Matureactive
00590205 · ltd · incorporated 1957-09-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£152.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 86-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 86). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 43.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 43.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £152,403
Cash YoY
+446%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£11k
↑ 446% YoY
Net Worth
£152k
↑ 8.6% YoY
Current Assets
£614k
↑ 10% YoY
Current Liabilities
—
£0£123k£246k£368k£491k£614kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£640.6k£466.8k
Current assets£613.8k£557.1k
Cash£10.7k£2.0k
Debtors£263.1k£214.8k
Net assets£152.4k£140.3k

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

🔒Filing-note intelligence

4 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 (32 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-08-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2021-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-15
    ➕
    RATCLIFFE, Derek John appointed
    secretary
  13. 2018-03-15
    ➖
    RATCLIFFE, Peter David resigned
    director
  14. 2018-03-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2018-03-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-03-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2017-08-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2011-03-31
    ➖
    MIDDLETON, Martin Hrand resigned
    secretary
  20. 2009-05-13
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  21. 2006-09-18
    ➕
    MIDDLETON, Martin Hrand appointed
    secretary
  22. 2006-06-30
    ➖
    VANCE, William Colin resigned
    secretary
  23. 2006-05-01
    ➕
    RATCLIFFE, Peter David appointed
    director
  24. 2004-11-24
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  25. 2004-07-30
    ➖
    CLARE, John Martin Allen resigned
    secretary
  26. 2004-07-30
    ➕
    VANCE, William Colin appointed
    secretary
  27. 2004-07-30
    ➖
    CLARE, John Martin Allen resigned
    director
  28. 1993-01-08
    🔒
    Charge registered #4
    Lender: Close Brothers Limited
  29. 1992-09-24
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  30. 1988-10-04
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  31. 1983-04-29
    🔒
    Charge registered #1
    Lender: Now Chemical Company Limited
  32. 1957-09-10
    🏢
    Company incorporated
    As ALSAMEX PRODUCTS LIMITED

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 86 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 69 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Derek John Ratcliffe
Individual · British · DOB 12/1940 · age 86
75–100%
—75-100% shares06/04/2016
Mrs Catherine Edith Radcliffe
Individual · British · DOB 11/1941 · age 85
25–50%
—25-50% shares06/04/2016

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
Incorporated1957-09-10
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Room 73, Wrest House Wrest Park
Silsoe
Bedford
MK45 4HR
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14

Officers (3 active · 5 resigned)

RATCLIFFE, Derek John→
secretary · appointed 2018-03-15
View their other companies + combined net worth →
Active
RATCLIFFE, Catherine Edith→
director · ~85y
View their other companies + combined net worth →
Active
RATCLIFFE, Derek John→
director · ~86y
View their other companies + combined net worth →
Active
CLARE, John Martin Allen→
secretary · resigned 2004-07-30
Resigned
MIDDLETON, Martin Hrand→
secretary · appointed 2006-09-18 · resigned 2011-03-31
Resigned
VANCE, William Colin→
secretary · appointed 2004-07-30 · resigned 2006-06-30
Resigned
CLARE, John Martin Allen→
director · ~82y · resigned 2004-07-30
Resigned
RATCLIFFE, Peter David→
director · ~60y · appointed 2006-05-01 · resigned 2018-03-15
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Guarantee and fixed and floating charge1 property13/05/2009—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property24/11/2004—
outstanding
Close Brothers
Close Brothers Limited
Agreement1 property08/01/1993—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property24/09/1992—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property04/10/1988—
outstanding
Now Chemical Company
Now Chemical Company Limited
Debenture1 property29/04/1983—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-15
change-account-reference-date-company-previous-extended
accounts · AA01
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-23