ALEXAGE LIMITED
💤Zombieactive
01370131 · ltd · incorporated 1978-05-24
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 May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 63-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 26.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 4 | 400 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-05📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-05-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-01📄memorandum-articlesincorporation · MA
- 2023-09-01📄capital-name-of-class-of-sharescapital · SH08
- 2023-09-01📄resolutionresolution · RESOLUTIONS
- 2023-09-01📄capital-alter-shares-subdivisioncapital · SH02
- 2023-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-03-18🔓Charge satisfied #2
- 2021-01-19📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2020-01-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-10🔒Charge registered #3Lender: Lloyds Bank PLC
- 2019-07-10🔒Charge registered #2Lender: Lloyds Bank PLC
- 2014-06-18➖DAWSON, Stephen Craig resignedsecretary
- 2000-05-31🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1998-04-01➕SCOTT, Linda Anne appointeddirector
- 1998-03-31➖ELLIS, Simon resigneddirector
- 1998-03-21➕DAWSON, Stephen Craig appointedsecretary
- 1998-03-20➖EWIN, Barbara Ann resignedsecretary
- 1997-07-31➖COXON, Alexandra Gillian resigneddirector
- 1997-03-04➖ELLIS, Mary resignedsecretary
- 1997-03-04➕EWIN, Barbara Ann appointedsecretary
- 1997-03-04➖ELLIS, Mary resigneddirector
- 1978-05-24🏢Company incorporatedAs ALEXAGE LIMITED
Owner dependency
93/100
Critical — business is the founderThe 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 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 48 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 |
|---|---|---|---|---|
Mr Simon Andrew Ellis Individual · British · DOB 03/1958 · age 68 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control · trust interest | 06/04/2016 |
Ms Linda Anne Scott Individual · British · DOB 05/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 04/08/2023 |
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 · Property · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A LAING DEVELOPMENTS LTD→ 15982718 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGOSTINA LIMITED→ 15348243 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKB HERITAGE PROPERTY GROUP LTD→ 16720081 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AKOSMAN PROPERTY MANAGEMENT LIMITED→ 12431542 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALBION KF INVESTMENTS LTD→ 16826578 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALCASO PROPERTIES NEWCASTLE LIMITED→ 14455386 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALDER PARK RESIDENTS MANAGEMENT COMPANY LIMITED→ 16023565 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALDERSON BARTLETT LTD→ 15844965 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALDERSON PROPERTIES LIMITED→ 08652640 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALDOBSONPROPERTIES LTD→ 17117651 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALETI INVESTMENTS LTD→ 14187737 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALEX MANN SOLUTIONS LIMITED→ 09557231 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1978-05-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
C/O Robson Laidler Fernwood House Fernwood Road
Jesmond
Newcastle Upon Tyne
Tyne And Wear
NE2 1TJ
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-07-21
Last: 2026-07-07
Officers (1 active · 6 resigned)
SCOTT, Linda Anne→
Activedirector · ~63y · appointed 1998-04-01
View their other companies + combined net worth →
DAWSON, Stephen Craig→
Resignedsecretary · appointed 1998-03-21 · resigned 2014-06-18
ELLIS, Mary→
Resignedsecretary · resigned 1997-03-04
EWIN, Barbara Ann→
Resignedsecretary · appointed 1997-03-04 · resigned 1998-03-20
COXON, Alexandra Gillian→
Resigneddirector · ~73y · resigned 1997-07-31
ELLIS, Mary→
Resigneddirector · ~100y · resigned 1997-03-04
ELLIS, Simon→
Resigneddirector · ~68y · resigned 1998-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/07/2019 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/07/2019 | 18/03/2021 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 31/05/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (121 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
memorandum-articles
incorporation · MA
2023-09-01
capital-name-of-class-of-shares
capital · SH08
2023-09-01
resolution
resolution · RESOLUTIONS
2023-09-01
capital-alter-shares-subdivision
capital · SH02
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28