ALSER (UK) LIMITED
🌳Matureactive
02249407 · ltd · incorporated 1988-04-28
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 Oct 2025
Net worth
£209.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of other furniture
Sector: Manufacturing
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 31.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
137 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 · FRS 102Positive net assets
Net assets £209,468
Net assets shrinking
Down £17,632 YoY
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£32k
↓ 62% YoY
Net Worth
£209k
↓ 7.8% YoY
Current Assets
£584k
↓ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £225.7k | £300.8k |
| Current assets | £583.8k | £675.6k |
| Cash | £31.7k | £83.9k |
| Debtors | £302.7k | £336.8k |
| Net assets | £209.5k | £227.1k |
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 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-16➖PRICHARD, Geoff James Ronald resigneddirector
- 2025-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-01📄change-person-director-companyofficers · CH01
- 2023-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-12➕BOSHIER, Paula Denise appointeddirector
- 2023-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-05🔒Charge registered #4Lender: Fi Capital Limited
- 2023-02-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-05-18📄gazette-notice-compulsorygazette · GAZ1
- 2019-09-20➕PRICHARD, Geoff James Ronald appointeddirector
- 2019-07-23➖HARRIS, Vanessa resignedsecretary
- 2019-07-23➖HARRIS, Ross Charles resigneddirector
- 2014-03-14🔓Charge satisfied #2
- 2014-03-10🔒Charge registered #3Lender: Chase De Vere Trustees Limited
- 2010-08-24🔒Charge registered #2Lender: Geoffrey Prichard Joan Prichard Nigel Prichard Ross Harris Vanessa Harris Paula Boshier and Awd Trustees Limited Acting in Their Capacity as the Present Trustees of a Registered Pension Scheme K/a Alser (UK) Ssas
- 2010-05-14🔓Charge satisfied #1
- 2007-02-13➖PRICHARD, Geoffrey James Ronald resigneddirector
- 2006-01-01➕PRICHARD, Nigel John appointeddirector
- 1994-12-31➖LE PETIT, Jean Jacques resigneddirector
- 1994-11-23🔒Charge registered #1Lender: Barclays Bank PLC
- 1993-04-06➕HARRIS, Vanessa appointedsecretary
- 1993-04-06➖PRICHARD, Joan Florence resignedsecretary
- 1992-01-01➖HARRIS, Vanessa resignedsecretary
- 1992-01-01➕PRICHARD, Joan Florence appointedsecretary
- 1992-01-01➕PRICHARD, Geoffrey James Ronald appointeddirector
- 1988-04-28🏢Company incorporatedAs ALSER (UK) LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nigel John Prichard Individual · British · DOB 04/1972 · age 54 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/07/2019 |
2 historic (ceased) PSCs
- Mr Ross Charles Harrisceased 09/06/2023· 25-50% shares
- Mr Ross Charles Harrisceased 23/07/2019· 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 · Manufacturing · SN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G AUTOMATION LIMITED→ 08886445 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ABSTRACT I.T. MANAGEMENT LIMITED→ 08515920 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AC PRECISION ENGINEERING LIMITED→ 04815509 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AGILE VEHICLE TECHNOLOGIES LIMITED→ 09189617 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AH FRAME ARTIST LTD→ 16653070 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHT CONSULTING LTD→ 11709884 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AKER FIRE AND SECURITY LIMITED→ 10140670 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALIGNERSTX LIMITED→ 15491816 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLPORT & VINCENT DENTAL LABORATORY LTD→ 05333437 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ALLSET LUGGAGE LTD→ 16769925 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALPUNCH TOOLING LIMITED→ 02288475 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| ALTEX ENGINEERING LIMITED→ 01632650 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
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
Incorporated1988-04-28
Jurisdictionengland-wales
Primary SIC31090 — Manufacture of other furniture
Registered office
Unit 7 Pioneer Road
Faringdon
Oxfordshire
SN7 7BU
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11
Officers (2 active · 7 resigned)
BOSHIER, Paula Denise→
Activedirector · ~61y · appointed 2023-06-12
View their other companies + combined net worth →
PRICHARD, Nigel John→
Activedirector · ~54y · appointed 2006-01-01
View their other companies + combined net worth →
HARRIS, Vanessa→
Resignedsecretary · appointed 1993-04-06 · resigned 2019-07-23
HARRIS, Vanessa→
Resignedsecretary · resigned 1992-01-01
PRICHARD, Joan Florence→
Resignedsecretary · appointed 1992-01-01 · resigned 1993-04-06
HARRIS, Ross Charles→
Resigneddirector · ~67y · resigned 2019-07-23
LE PETIT, Jean Jacques→
Resigneddirector · ~70y · resigned 1994-12-31
PRICHARD, Geoff James Ronald→
Resigneddirector · ~79y · appointed 2019-09-20 · resigned 2025-04-16
PRICHARD, Geoffrey James Ronald→
Resigneddirector · ~79y · appointed 1992-01-01 · resigned 2007-02-13
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fi Capital Fi Capital Limited | A registered charge | — | 05/04/2023 | — | |
| outstanding | Chase De Vere Trustees / Nigel Prichard / Geoffrey Prichard / Joan Prichard Chase De Vere Trustees Limited / Nigel Prichard / Geoffrey Prichard / Joan Prichard | A registered charge | 1 property | 10/03/2014 | — | |
| satisfied | Geoffrey Prichard Joan Prichard Nigel Prichard Ross Harris Vanessa Harris Paula Boshier and Awd Trustees Acting in Their Capacity as the Present Trustees of a Registered Pension Scheme K/a Alser (UK) Ssas Geoffrey Prichard Joan Prichard Nigel Prichard Ross Harris Vanessa Harris Paula Boshier and Awd Trustees Limited Acting in Their Capacity as the Present Trustees of a Registered Pension Scheme K/a Alser (UK) Ssas | Debenture | 1 property | 24/08/2010 | 14/03/2014 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 23/11/1994 | 14/05/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-10
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-01
change-person-director-company
officers · CH01
2024-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-08