ALZIN ENGINEERING LIMITED
🌳Matureactive
01131977 · ltd · incorporated 1973-08-31
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 43.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 43.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 43.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 6 with DOB)
81
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 1300 | 1300 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-10-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-21📄capital-name-of-class-of-sharescapital · SH08
- 2025-10-21📄resolutionresolution · RESOLUTIONS
- 2025-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-04-08📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-15📄resolutionresolution · RESOLUTIONS
- 2022-09-15📄capital-name-of-class-of-sharescapital · SH08
- 2022-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-09➕WORMALD, Angela appointedsecretary
- 2017-06-09➖WORMALD, Angela resignedsecretary
- 2017-06-09➖WORMALD, Angela resigneddirector
- 2017-06-08➕WORMALD, Angela appointeddirector
- 2017-04-05➕OPACIC, Rachel appointedsecretary
- 2017-04-05➕OPACIC, Rachel appointeddirector
- 2017-04-05➖WORMALD, Angela resignedsecretary
- 2012-11-29➕WORMALD, David appointeddirector
- 1997-01-31➖DICKSON, Allan resignedsecretary
- 1997-01-31➖DICKSON, Allan resigneddirector
- 1997-01-01➕WORMALD, Angela appointedsecretary
- 1994-11-17➖SUTCLIFFE, Brian resigneddirector
- 1994-09-15🔒Charge registered #3Lender: Griffin Factors Limited
- 1993-10-31➕DICKSON, Allan appointedsecretary
- 1993-10-31➖SUTCLIFFE, Brian resignedsecretary
- 1983-12-13🔒Charge registered #2Lender: Midland Bank PLC
- 1982-07-09🔒Charge registered #1Lender: Midland Bank PLC
- 1973-08-31🏢Company incorporatedAs ALZIN ENGINEERING LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 53 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Rachel Opacic Individual · British · DOB 03/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/10/2025 |
Mr David Wormald Individual · British · DOB 10/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/10/2025 |
2 historic (ceased) PSCs
- Mr Graham Wormaldceased 01/10/2025· 75-100% shares · 75-100% voting · board control
- Mrs Angela Wormaldceased 18/08/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| A T GRAPHICS (WY) LTD→ 10153367 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A-SAFE HQ LTD→ 05407505 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| A.Z.O. LIMITED→ 02828288 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ADORA BEDS LTD→ 11779950 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCE ENGINEERING (HX) LTD→ 04581228 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFRED A DUNHILL LIMITED→ 16291727 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIANCE OFFICE SYSTEMS LIMITED→ 02887711 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ANDY THORNTON (AT) LIMITED→ 13090911 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCHWAY ENGINEERING (U.K.) LIMITED→ 02600814 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| ARK PALLETS AND FENCING LIMITED→ 04711324 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ARROSEDOM ENGINEERING LTD→ 16735156 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARTISAN ADVENTURES LIMITED→ 15124609 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1973-08-31
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
Century Works
Briggate
Elland
West Yorkshire
HX5 9HG
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (4 active · 7 resigned)
Active
OPACIC, Rachel→
Activedirector · ~51y · appointed 2017-04-05
View their other companies + combined net worth →
WORMALD, David→
Activedirector · ~49y · appointed 2012-11-29
View their other companies + combined net worth →
Active
DICKSON, Allan→
Resignedsecretary · appointed 1993-10-31 · resigned 1997-01-31
SUTCLIFFE, Brian→
Resignedsecretary · resigned 1993-10-31
WORMALD, Angela→
Resignedsecretary · appointed 2017-06-09 · resigned 2017-06-09
WORMALD, Angela→
Resignedsecretary · appointed 1997-01-01 · resigned 2017-04-05
DICKSON, Allan→
Resigneddirector · ~85y · resigned 1997-01-31
SUTCLIFFE, Brian→
Resigneddirector · ~97y · resigned 1994-11-17
WORMALD, Angela→
Resigneddirector · ~75y · appointed 2017-06-08 · resigned 2017-06-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Griffin Factors Griffin Factors Limited | Fixed equitable charge | 1 property | 15/09/1994 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge registered pursuant to an order of court relating to doc M23 | 2 properties | 13/12/1983 | — | |
| outstanding | Midland Bank Midland Bank PLC | Charge | 1 property | 09/07/1982 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (131 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-22
capital-name-of-class-of-shares
capital · SH08
2025-10-21
resolution
resolution · RESOLUTIONS
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-18
change-person-secretary-company-with-change-date
officers · CH03
2025-04-08
change-person-director-company-with-change-date
officers · CH01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-13