ALTRON COMMUNICATIONS EQUIPMENT LIMITED

💤Zombieactive
01024800 · ltd · incorporated 1971-09-21
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 Jun 2025
Net worth
£6.34M
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
  • 25990SIC 25990
Investor take
Pursue
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. 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 (73/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 31.8y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 31.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
135 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review 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 £6,338,345
Net assets shrinking
Down £229,126 YoY
Cash YoY
-21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.8m
↓ 21% YoY
Net Worth
£6.3m
↓ 3.5% YoY
Current Assets
£4.3m
↓ 11% YoY
Current Liabilities
£0£1.3m£2.6m£3.9m£5.3m£6.6mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£6.52M£6.74M
Current assets£4.28M£4.82M
Cash£1.77M£2.23M
Debtors£1.55M£1.54M
Net assets£6.34M£6.57M

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
2
filings
  • 1 accounts
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2026-03-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-03-21
    🔓
    Charge satisfied #1
  4. 2025-12-16
    JONES, Stephen Royston resigned
    secretary
  5. 2025-12-16
    JONES, Stephen Royston resigned
    director
  6. 2025-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-12-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2025-03-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-03-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-03-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2022-03-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2021-06-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2020-03-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2019-03-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2018-04-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2017-03-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2016-04-06
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  18. 2015-12-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2014-02-24
    🔓
    Charge satisfied #7
  20. 2014-02-24
    🔓
    Charge satisfied #6
  21. 2014-02-24
    🔓
    Charge satisfied #5
  22. 2014-02-24
    🔓
    Charge satisfied #4
  23. 2014-02-24
    🔓
    Charge satisfied #3
  24. 2014-02-24
    🔓
    Charge satisfied #2
  25. 2010-03-31
    BARRACLOUGH, Gillian Margaret resigned
    secretary
  26. 2010-03-31
    JONES, Stephen Royston appointed
    secretary
  27. 2010-03-31
    BARRACLOUGH, Gillian Margaret resigned
    director
  28. 2008-03-31
    BASTIANI, John Leonard resigned
    director
  29. 2008-03-31
    BASTIANI, Ursula resigned
    director
  30. 2007-02-27
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  31. 2006-04-01
    JONES, Stephen Royston appointed
    director
  32. 2003-06-23
    BASTIANI, John Leonard appointed
    director
  33. 2003-06-23
    BASTIANI, Ursula appointed
    director
  34. 2003-01-31
    🔒
    Charge registered #6
    Lender: Welsh Development Agency
  35. 2003-01-24
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  36. 2002-01-23
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  37. 1997-10-03
    🔒
    Charge registered #3
    Lender: Gillian Margaret Barraclough
  38. 1997-10-03
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  39. 1994-10-05
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  40. 1992-10-30
    BARRACLOUGH, Gillian Margaret appointed
    director
  41. 1992-07-13
    BARRACLOUGH, Erol appointed
    director
  42. 1992-02-13
    BARRACLOUGH, Allan Steven resigned
    director
  43. 1971-09-21
    🏢
    Company incorporated
    As ALTRON COMMUNICATIONS EQUIPMENT LIMITED

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 55 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JONES, Stephen Royston resigned 2025-12-16; JONES, Stephen Royston resigned 2025-12-16

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Altron Manufacturing And Engineering Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Altron Manufacturing And Engineering Limited
Corporate parent · holds 75-100% shares
ultimate parent
ALTRON COMMUNICATIONS EQUIPMENT LIMITED
This company · 01024800

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Altron Manufacturing And Engineering Limited
Corporate entity
75100%
75-100% shares16/12/2016

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 →

Similar companies

Active · Manufacturing · SA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A R AUTOS LIMITED
04731408 · est 2003 · no financials extracted
23y
ALLSON LTD
16367476 · est 2025 · no financials extracted
1y
ALPHA ELECTRICAL AND ELECTRONIC SOLUTIONS LTD
10873688 · est 2017 · no financials extracted
8y
ALS PROPERTY MAINTENANCE LIMITED
12245070 · est 2019 · no financials extracted
6y
ALYN EVANS CONSULTANCY SERVICES LTD
08091962 · est 2012 · no financials extracted
13y
AMAETH COTHI CYF
13104801 · est 2020 · no financials extracted
5y
AMETHYST ARTIFICERY LIMITED
16730034 · est 2025 · no financials extracted
AMMAJA LIMITED
13198182 · est 2021 · no financials extracted
5y
AMMAN PARTNERS LTD
08023550 · est 2012 · no financials extracted
14y
AMMAN PRECISION ENGINEERING COMPANY LIMITED
08365009 · est 2013 · no financials extracted
13y
AMMAN VALLEY FABRICATIONS LIMITED
02387038 · est 1989 · no financials extracted
36y
AMS COMMERCIALS LIMITED
14964484 · est 2023 · no financials extracted
2y
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
Typeltd
Incorporated1971-09-21
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Tower House Parc Hendre
Capel Hendre
Ammanford
Carmarthenshire
SA18 3SJ

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (1 active · 7 resigned)

BARRACLOUGH, Erol
director · ~60y · appointed 1992-07-13
View their other companies + combined net worth →
Active
BARRACLOUGH, Gillian Margaret
secretary · resigned 2010-03-31
Resigned
JONES, Stephen Royston
secretary · appointed 2010-03-31 · resigned 2025-12-16
Resigned
BARRACLOUGH, Allan Steven
director · ~87y · resigned 1992-02-13
Resigned
BARRACLOUGH, Gillian Margaret
director · ~81y · appointed 1992-10-30 · resigned 2010-03-31
Resigned
BASTIANI, John Leonard
director · ~80y · appointed 2003-06-23 · resigned 2008-03-31
Resigned
BASTIANI, Ursula
director · ~77y · appointed 2003-06-23 · resigned 2008-03-31
Resigned
JONES, Stephen Royston
director · ~60y · appointed 2006-04-01 · resigned 2025-12-16
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property27/02/200724/02/2014
satisfied
Welsh Development Agency
Legal charge1 property31/01/200324/02/2014
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/01/200324/02/2014
satisfied
Barclays
Barclays Bank PLC
Charge and assignment of an agreement relating to land1 property23/01/200224/02/2014
satisfied
Gillian Margaret Barraclough
Legal charge1 property03/10/199724/02/2014
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property03/10/199724/02/2014
satisfied
Barclays
Barclays Bank PLC
Debenture1 property05/10/199421/03/2026

Recent filings (135 total)

accounts-with-accounts-type-medium
accounts · AA
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-21
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-full
accounts · AA
2025-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-full
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-full
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16
accounts-with-accounts-type-full
accounts · AA
2022-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-17