ALDER SPORTSWEAR LIMITED

🌳Matureactive
01660050 · ltd · incorporated 1982-08-24
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1.98M
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 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 · 4 lenders · oldest 42.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 42.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
19 officers (6 active, 19 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
132 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 £1,983,986
Net assets shrinking
Down £497,649 YoY
Cash YoY
+1484%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£409k
↑ 1484% YoY
Net Worth
£2.0m
↓ 20% YoY
Current Assets
£2.2m
↓ 22% YoY
Current Liabilities
—
£0£569k£1.1m£1.7m£2.3m£2.8mDec 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
Total assets£2.09M£2.64M
Current assets£2.23M£2.84M
Cash£409.4k£25.9k
Debtors£431.1k£491.9k
Net assets£1.98M£2.48M

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

🔒Filing-note intelligence

3 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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2026-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-31
    ➖
    COLWILL, Nigel resigned
    director
  3. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2018-04-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2018-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-04-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-04-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-03-29
    ➕
    COLWILL, Jane appointed
    director
  19. 2018-03-29
    ➕
    HODGETTS, Sarah Anne appointed
    director
  20. 2018-03-29
    ➕
    WILLIAMS, Emma Ruth appointed
    director
  21. 2018-03-29
    ➖
    WESTLAKE, Douglas Robert Alan resigned
    director
  22. 2018-03-29
    ➖
    WESTLAKE, Margaret Anne resigned
    director
  23. 2017-05-11
    ➖
    WESTLAKE, John resigned
    director
  24. 2016-07-26
    ➕
    WESTLAKE, Douglas Robert Alan appointed
    director
  25. 2016-07-26
    ➕
    WESTLAKE, John appointed
    director
  26. 2016-07-26
    ➕
    WESTLAKE, Margaret Anne appointed
    director
  27. 2010-12-22
    🔓
    Charge satisfied #3
  28. 2010-12-22
    🔓
    Charge satisfied #2
  29. 2010-12-22
    🔓
    Charge satisfied #1
  30. 2009-10-27
    ➖
    EMERY, Stephen William resigned
    director
  31. 2008-08-18
    ➕
    TREWIN, Sharon Louise appointed
    secretary
  32. 2008-06-06
    ➖
    SHAPLAND, Nicholas Robert resigned
    secretary
  33. 2006-02-23
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  34. 2006-02-15
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  35. 2005-03-31
    ➕
    SHAPLAND, Nicholas Robert appointed
    secretary
  36. 2005-03-31
    ➖
    WESTLAKE, Margaret Anne resigned
    secretary
  37. 2004-05-01
    ➖
    WESTLAKE, Margaret Anne resigned
    director
  38. 2001-08-17
    ➕
    WESTLAKE, Margaret Anne appointed
    secretary
  39. 2001-08-17
    ➕
    WESTLAKE, Margaret Anne appointed
    director
  40. 2001-04-19
    ➖
    EVANS, Rachel Jane resigned
    secretary
  41. 2001-02-01
    ➕
    EMERY, Stephen William appointed
    director
  42. 2001-01-22
    ➕
    WESTLAKE, Robert John appointed
    director
  43. 2001-01-22
    ➕
    WILLIAMS, Geraint David appointed
    director
  44. 2001-01-22
    ➕
    COLWILL, Nigel appointed
    director
  45. 2001-01-18
    ➖
    WESTLAKE, Douglas Robert Alan resigned
    director
  46. 2000-04-17
    ➕
    EVANS, Rachel Jane appointed
    secretary
  47. 2000-04-17
    ➖
    RISBOROUGH, Deborah Joan resigned
    secretary
  48. 1999-01-19
    🔒
    Charge registered #3
    Lender: Griffin Credit Services Limited
  49. 1998-11-23
    ➖
    JOHNSON, Eric Anthony resigned
    secretary
  50. 1998-11-23
    ➕
    RISBOROUGH, Deborah Joan appointed
    secretary
Showing most recent 50 of 54 events

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 44 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

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

Alder Sportswear (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Alder Sportswear (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ALDER SPORTSWEAR LIMITED
This company · 01660050

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
Alder Sportswear (Holdings) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control29/03/2018
1 historic (ceased) PSC
  • Mr Bob Westlakeceased 29/03/2018· 25-50% shares

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 · Wholesale & distribution · EX postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
360 LINK DESIGN TO SUPPLY LIMITED→
05757434 · est 2006 · no financials extracted
————20y——
A & E FUEL SUPPLIES LTD→
11467550 · est 2018 · no financials extracted
————7y——
AARON WILKINSON LIMITED→
15172225 · est 2023 · no financials extracted
————2y——
ACCESS ELECTRICAL (SERVICES) LIMITED→
01084120 · est 1972 · no financials extracted
————53y——
ACTIVE ELECTRONICS (HOLDINGS) LIMITED→
11353042 · est 2018 · no financials extracted
————7y——
AERIALS, SATELLITES AND CABLES LIMITED→
07800695 · est 2011 · no financials extracted
————14y——
AFRICAN COFFEE LIMITED→
11395342 · est 2018 · no financials extracted
————7y——
AFRIGROCER LIMITED→
16843960 · est 2025 · no financials extracted
———————
AGRICULTURAL COMMISSIONS LIMITED→
06590688 · est 2008 · no financials extracted
————17y——
AKK AGRI LIMITED→
14933542 · est 2023 · no financials extracted
————2y——
ALBEFORD LTD→
15452738 · est 2024 · no financials extracted
————2y——
ALI DIAMOND LTD→
15740083 · est 2024 · no financials extracted
————1y——
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
Incorporated1982-08-24
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

Lewdown
Nr Okehampton
Devon
EX20 4PJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (6 active · 13 resigned)

TREWIN, Sharon Louise→
secretary · appointed 2008-08-18
View their other companies + combined net worth →
Active
COLWILL, Jane→
director · ~67y · appointed 2018-03-29
View their other companies + combined net worth →
Active
HODGETTS, Sarah Anne→
director · ~68y · appointed 2018-03-29
View their other companies + combined net worth →
Active
WESTLAKE, Robert John→
director · ~65y · appointed 2001-01-22
View their other companies + combined net worth →
Active
WILLIAMS, Emma Ruth→
director · ~60y · appointed 2018-03-29
View their other companies + combined net worth →
Active
WILLIAMS, Geraint David→
director · ~63y · appointed 2001-01-22
View their other companies + combined net worth →
Active
EVANS, Rachel Jane→
secretary · appointed 2000-04-17 · resigned 2001-04-19
Resigned
JOHNSON, Eric Anthony→
secretary · resigned 1998-11-23
Resigned
RISBOROUGH, Deborah Joan→
secretary · appointed 1998-11-23 · resigned 2000-04-17
Resigned
SHAPLAND, Nicholas Robert→
secretary · appointed 2005-03-31 · resigned 2008-06-06
Resigned
WESTLAKE, Margaret Anne→
secretary · appointed 2001-08-17 · resigned 2005-03-31
Resigned
COLWILL, Nigel→
director · ~69y · appointed 2001-01-22 · resigned 2025-12-31
Resigned
EMERY, Stephen William→
director · ~71y · appointed 2001-02-01 · resigned 2009-10-27
Resigned
HOLLINSHEAD, Keith→
director · ~81y · resigned 1993-12-15
Resigned
WESTLAKE, Douglas Robert Alan→
director · ~89y · appointed 2016-07-26 · resigned 2018-03-29
Resigned
WESTLAKE, Douglas Robert Alan→
director · ~89y · resigned 2001-01-18
Resigned
WESTLAKE, John→
director · ~89y · appointed 2016-07-26 · resigned 2017-05-11
Resigned
WESTLAKE, Margaret Anne→
director · ~89y · appointed 2016-07-26 · resigned 2018-03-29
Resigned
WESTLAKE, Margaret Anne→
director · ~89y · appointed 2001-08-17 · resigned 2004-05-01
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property23/02/2006—
outstanding
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property15/02/2006—
satisfied
Griffin Credit Services
Griffin Credit Services Limited
Fixed charge on purchased debts which fail to vest1 property19/01/199922/12/2010
satisfied
Midland Bank
Midland Bank PLC
Charge2 properties27/10/199222/12/2010
satisfied
Midland Bank
Midland Bank PLC
Charge1 property05/03/198422/12/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (132 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26