ALLSOP & PITTS LIMITED

🌳Matureactive

01045503 · ltd · incorporated 1972-03-09

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

—

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Turnover

—

year to Dec 2024

Net worth

£1.08M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Sector: Wholesale & retail

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. 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 (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 54.2y

15/100

under pressure

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

· Oldest live charge is 54.2 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

5 charges (4/5 with lender, 5/5 with type)

Directors & officers

15 officers (8 active, 15 linked, 12 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

6 connected companies via shared directors

Filing history

128 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,079,536

Net assets shrinking

Down £202,349 YoY

Cash YoY

-32%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£498k

↓ 32% YoY

Net Worth

£1.1m

↓ 16% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Cash	£498.2k	£728.1k
Net assets	£1.08M	£1.28M

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2025-07-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-16
📄
capital-return-purchase-own-shares
capital · SH03
2024-08-02
📄
capital-cancellation-shares
capital · SH06
2024-07-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-18
➖
WEBB, Barry Richard resigned
director
2024-07-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-01
➕
THORPE, Matthew appointed
director
2023-06-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
📄
capital-allotment-shares
capital · SH01
2022-07-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-30
➖
SEVIERI, John David resigned
director
2022-05-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-04
➕
PURDIE, Lawrence David appointed
director
2021-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-28
📄
capital-allotment-shares
capital · SH01
2018-08-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-03-21
🔓
Charge satisfied #5
2017-11-09
🔒
Charge registered #5
Lender: Lloyds Bank PLC
2017-11-01
➕
SEVIERI, John David appointed
director
2012-03-31
➖
WINDSOR, David Richard resigned
director
2012-01-01
➕
LOCKE, Kevan Andrew appointed
director
2010-10-01
➕
NOWLAN, Christopher John appointed
director
2009-06-11
➕
LOCKE, Kevan appointed
secretary
2009-06-11
➖
PITTS, Deborah Jane resigned
secretary
2005-01-10
➕
WEBB, Barry Richard appointed
director
2001-10-17
🔒
Charge registered #4
Lender: Lloyds Tsb Bank PLC
1997-02-10
🔒
Charge registered #3
Lender: Lloyds Bank PLC
1996-05-10
➕
PITTS, Deborah Jane appointed
director
1996-05-10
➕
PURDIE, Susan Linda appointed
director
1996-05-10
➕
PITTS, Deborah Jane appointed
secretary
1996-05-10
➖
PITTS, Robert John resigned
secretary
1996-05-10
➖
PITTS, Robert John resigned
director
1993-10-28
➖
PITTS, Dorothy June resigned
director
1986-05-23
🔒
Charge registered #2
Lender: Town and Country Building Society
1972-03-29
🔒
Charge registered #1
Series of debentures
1972-03-09
🏢
Company incorporated
As ALLSOP & PITTS LIMITED

Owner dependency

88/100

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

-7 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "PITTS" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

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

SIGNALS

primaryFamily succession underway: Not a takeover target — PURDIE, Lawrence David (same surname) appointed 2022-01-04. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr David Charles Purdie Individual · British · DOB 09/1954 · age 72	25–50%	—	25-50% shares	30/09/2016
Miss Deborah Jane Pitts Individual · British · DOB 06/1962 · age 64	25–50%	—	25-50% shares	30/09/2016
Mrs Susan Linda Purdie Individual · British · DOB 04/1958 · age 68	25–50%	—	25-50% shares	30/09/2016

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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ADVANTEC MARITIME LIMITED→ 14936545 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AJH COMMUNICATIONS LTD→ 13013577 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ALB REPAIRS LTD→ 11059888 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ALDERKEY LIMITED→ 02910829 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
ALL UNDER ONE WOOF LTD→ 09261667 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ALLER VALE GARAGE (COX BROS.) LIMITED→ 01604227 · est 1981 · no financials extracted	—	—	—	—	44y	—	—
ALOFTCO LIMITED→ 09438613 · est 2015 · no financials extracted	—	—	—	—	11y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1972-03-09

Jurisdictionengland-wales

Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

102 Barton Road

Torquay

Devon

TQ2 7NY

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-10-14

Last: 2025-09-30