A L H SYSTEMS LIMITED

🌳Matureactive
01255492 · ltd · incorporated 1976-04-21
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 Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 20301
Sector: Manufacturing
ALSO REGISTERED FOR
  • 28990SIC 28990
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

14 live charges · 9 lenders · oldest 48.1y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 48.1 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
23 officers (3 active, 23 linked, 18 with DOB)
86
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
157 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees24002800

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (83 events)Click to expand
  1. 2025-08-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-05-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-05-09
    JILLESTAM, Johan Oscar resigned
    director
  4. 2025-03-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-03-01
    OKSALA, Sanna Maria appointed
    director
  7. 2025-02-28
    ROWLANDS, Peter Ian resigned
    director
  8. 2024-10-24
    KUJALA, Juha Tapani appointed
    director
  9. 2024-10-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-08-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2023-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2023-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-03-01
    PYE, David Michael appointed
    director
  14. 2022-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2022-08-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-08-12
    LYES, David John resigned
    director
  17. 2021-11-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-10-26
    JENKINS, Mark Lewis resigned
    director
  19. 2021-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2021-01-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2019-08-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2019-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  23. 2019-01-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  24. 2019-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2019-01-10
    COUSINS, Andrew Johannes resigned
    secretary
  26. 2019-01-10
    COUSINS, Andrew Johannes resigned
    director
  27. 2018-10-05
    LYES, David John appointed
    director
  28. 2016-11-23
    LUCAS, Andrew John resigned
    director
  29. 2015-11-05
    HJALMARSON, Claes Harald Hjalmar resigned
    director
  30. 2015-11-05
    JENKINS, Mark Lewis appointed
    director
  31. 2015-02-27
    DAVIES, Malcolm Francis resigned
    director
  32. 2014-12-16
    🔒
    Charge registered #14
    Lender: Svenska Handelsbanken Ab (Publ)
  33. 2014-06-26
    HJALMARSON, Claes Harald Hjalmar appointed
    director
  34. 2014-06-26
    JILLESTAM, Johan Oscar appointed
    director
  35. 2014-06-26
    ROWLANDS, Peter Ian appointed
    director
  36. 2014-04-28
    🔓
    Charge satisfied #13
  37. 2014-04-28
    🔓
    Charge satisfied #12
  38. 2014-04-28
    🔓
    Charge satisfied #11
  39. 2005-06-13
    🔒
    Charge registered #13
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  40. 2004-08-16
    🔒
    Charge registered #12
    Lender: Andrew Cousins, Andrew Lucas and David Morrison Together Being the Trustees of the Scheme
  41. 2004-05-24
    🔒
    Charge registered #11
    Lender: Hsbc Bank PLC
  42. 2004-03-23
    🔓
    Charge satisfied #10
  43. 2004-03-23
    🔓
    Charge satisfied #9
  44. 2004-03-23
    🔓
    Charge satisfied #8
  45. 2004-03-23
    🔓
    Charge satisfied #6
  46. 2004-03-23
    🔓
    Charge satisfied #1
  47. 2001-10-01
    STELL, Bernard resigned
    director
  48. 2001-09-19
    COUSINS, Andrew Johannes appointed
    secretary
  49. 2001-09-19
    LUCAS, Andrew John resigned
    secretary
  50. 2001-09-19
    COUSINS, Andrew Johannes appointed
    director
Showing most recent 50 of 83 events

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 62 — approaching natural succession window.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.

Red flags

1 med ·
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

Indutrade Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Indutrade Uk Limited
Corporate parent · holds 75-100% shares
ultimate parent
A L H SYSTEMS LIMITED
This company · 01255492

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
Indutrade Uk Limited
Corporate entity
75100%
75-100% 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

6 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
Incorporated1976-04-21
Jurisdictionengland-wales
Primary SIC20301 — SIC 20301

Registered office

1 Kingdom Avenue
Northacre Industrial Park
Westbury
Wiltshire
BA13 4WE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24

Officers (3 active · 20 resigned)

KUJALA, Juha Tapani
director · ~59y · appointed 2024-10-24
View their other companies + combined net worth →
Active
OKSALA, Sanna Maria
director · ~39y · appointed 2025-03-01
View their other companies + combined net worth →
Active
PYE, David Michael
director · ~62y · appointed 2023-03-01
View their other companies + combined net worth →
Active
COLLINS, Terence Malcolm Anthony
secretary · resigned 1996-10-23
Resigned
COUSINS, Andrew Johannes
secretary · appointed 2001-09-19 · resigned 2019-01-10
Resigned
COUSINS, Andrew Johannes
secretary · appointed 1998-10-01 · resigned 2000-11-06
Resigned
LUCAS, Andrew John
secretary · appointed 2000-11-06 · resigned 2001-09-19
Resigned
STELL, Bernard
secretary · appointed 1996-10-23 · resigned 1998-10-01
Resigned
CLARK, John Robert George
director · ~89y · resigned 1997-03-02
Resigned
COLLINS, Terence Malcolm Anthony
director · ~90y · resigned 1996-10-23
Resigned
COUSINS, Andrew Johannes
director · ~58y · appointed 2001-09-19 · resigned 2019-01-10
Resigned
DAVIES, Malcolm Francis
director · ~74y · appointed 1998-10-01 · resigned 2015-02-27
Resigned
HJALMARSON, Claes Harald Hjalmar
director · ~72y · appointed 2014-06-26 · resigned 2015-11-05
Resigned
HOLME, Norman Edward
director · ~87y · appointed 1996-10-23 · resigned 1999-03-25
Resigned
JAMES, Peter Selwyn
director · ~78y · appointed 1996-10-23 · resigned 1998-10-01
Resigned
JENKINS, Mark Lewis
director · ~72y · appointed 2015-11-05 · resigned 2021-10-26
Resigned
JILLESTAM, Johan Oscar
director · ~55y · appointed 2014-06-26 · resigned 2025-05-09
Resigned
LUCAS, Andrew John
director · ~63y · appointed 1998-10-01 · resigned 2016-11-23
Resigned
LYES, David John
director · ~56y · appointed 2018-10-05 · resigned 2022-08-12
Resigned
ROWLANDS, Peter Ian
director · ~58y · appointed 2014-06-26 · resigned 2025-02-28
Resigned

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

Mortgages & charges

14
Total charges
1
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge16/12/2014
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on purchased debts which fail to vest1 property13/06/200528/04/2014
satisfied
Andrew Cousins, Andrew Lucas and David Morrison Together Being the Trustees of the Scheme
Agreement creating floating charge1 property16/08/200428/04/2014
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property24/05/200428/04/2014
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balance1 property14/03/199123/03/2004
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property14/08/198623/03/2004
satisfied
Investors in Industry
Investors in Industry PLC
Collateral debenture1 property14/08/198623/03/2004
satisfied
Midland Bank
Midland Bank PLC
Facility letter1 property18/01/198630/10/1986
satisfied
National Westminster Bank
National Westminster Bank PLC
Facility letter1 property18/01/198323/03/2004
satisfied
Midland Bank as Trustee
Midland Bank PLC as Trustee
Deed of variation1 property18/01/198330/10/1986
satisfied
Midland Bank Plcas Trustee
Legal charge1 property18/01/198330/10/1986
satisfied
Midland Bank Plcas Trustee
Fixed charge on book debts1 property18/01/198330/10/1986
satisfied
Midland Bank Plcas Trustee
Floating charge1 property18/01/198330/10/1986
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property31/03/197823/03/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (157 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-small
accounts · AA
2025-08-05
termination-director-company-with-name-termination-date
officers · TM01
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-05
appoint-person-director-company-with-name-date
officers · AP01
2025-03-07
termination-director-company-with-name-termination-date
officers · TM01
2025-03-07
appoint-person-director-company-with-name-date
officers · AP01
2024-10-24
accounts-with-accounts-type-small
accounts · AA
2024-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-small
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
appoint-person-director-company-with-name-date
officers · AP01
2023-03-09
accounts-with-accounts-type-full
accounts · AA
2022-09-27
termination-director-company-with-name-termination-date
officers · TM01
2022-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31