ALDERMAN TOOLING LIMITED

🌳Matureactive
02251944 · ltd · incorporated 1988-05-05
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 May 2025
Net worth
£1.80M
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 37.7y

35/100
too messy

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

  • · Oldest live charge is 37.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 43/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
133 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,795,726
Cash YoY
+41%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£718k
↑ 41% YoY
Net Worth
£1.8m
↑ 6.7% YoY
Current Assets
—
Current Liabilities
—
£0£359k£718k£1.1m£1.4m£1.8mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Cash£718.1k£509.0k
Net assets£1.80M£1.68M

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
1
filing
  • • 1 officers
Last 90 days
2
filings
  • • 2 officers
Last 180 days
2
filings
  • • 2 officers
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-05-18
    ➕
    THORNE, Benjamin John appointed
    director
  2. 2026-05-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-02-28
    ➖
    HEANEY, Shane resigned
    director
  5. 2025-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-10-21
    ➖
    NORTHMORE, Bertram Andrew resigned
    director
  7. 2025-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-10-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-10-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-08-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-08-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2024-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-08-01
    ➖
    ALDERMAN, Linda Mary resigned
    secretary
  16. 2024-08-01
    ➕
    HEANEY, Shane appointed
    director
  17. 2023-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-01-27
    📄
    capital-name-of-class-of-shares
    capital · SH08
  23. 2020-01-27
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2019-08-01
    ➖
    ALDERMAN, William Leslie resigned
    director
  25. 2019-07-24
    ➕
    NORTHMORE, Bertram Andrew appointed
    director
  26. 2014-02-07
    ➖
    ALDERMAN, Linda Mary resigned
    director
  27. 2014-02-01
    ➕
    ALDERMAN, Linda Mary appointed
    secretary
  28. 2014-01-31
    ➖
    FRIENDSHIP, Karen Louise resigned
    secretary
  29. 2011-06-23
    ➖
    BOVEY, Robert Henry resigned
    director
  30. 2007-06-29
    🔓
    Charge satisfied #2
  31. 2006-12-31
    ➖
    BURNAGE, Ian Anthony resigned
    director
  32. 2005-06-30
    🔒
    Charge registered #3
    Lender: William Leslie Alderman and His Sucessors Personal Representatives Transferees and Assignees
  33. 2004-11-29
    ➕
    BURNAGE, Ian Anthony appointed
    director
  34. 2004-08-01
    ➕
    BOVEY, Robert Henry appointed
    director
  35. 2004-01-06
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  36. 2003-05-06
    ➖
    CLIFFORD, Stephen George resigned
    secretary
  37. 2003-05-06
    ➕
    FRIENDSHIP, Karen Louise appointed
    secretary
  38. 2001-08-28
    ➕
    FRIENDSHIP, Karen Louise appointed
    director
  39. 1997-12-19
    ➕
    ALDERMAN, Linda Mary appointed
    director
  40. 1997-12-19
    ➖
    KINGDON, Terence Keith resigned
    director
  41. 1988-08-18
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  42. 1988-05-05
    🏢
    Company incorporated
    As ALDERMAN TOOLING LIMITED

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HEANEY, Shane resigned 2026-02-28; NORTHMORE, Bertram Andrew resigned 2025-10-21

Group structure

Alderman Engineering Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Alderman Engineering Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ALDERMAN TOOLING LIMITED
This company · 02251944

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
Alderman Engineering Holdings Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting01/12/2023
4 historic (ceased) PSCs
  • Mr Bertram Andrew Northmoreceased 01/12/2023· significant influence
  • Mrs Karen Louise Friendshipceased 01/12/2023· 25-50% shares · 25-50% voting · board control
  • Mrs Linda Mary Aldermanceased 01/12/2023· board control · firm interest
  • Mr William Leslie Aldermanceased 20/01/2023· 25-50% shares · 25-50% voting · board control

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
Incorporated1988-05-05
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

Bell Close
Newnham Industrial Estate
Plympton
Plymouth
PL7 4JH

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02

Officers (2 active · 10 resigned)

FRIENDSHIP, Karen Louise→
director · ~52y · appointed 2001-08-28
View their other companies + combined net worth →
Active
THORNE, Benjamin John→
director · ~41y · appointed 2026-05-18
View their other companies + combined net worth →
Active
ALDERMAN, Linda Mary→
secretary · appointed 2014-02-01 · resigned 2024-08-01
Resigned
CLIFFORD, Stephen George→
secretary · resigned 2003-05-06
Resigned
FRIENDSHIP, Karen Louise→
secretary · appointed 2003-05-06 · resigned 2014-01-31
Resigned
ALDERMAN, Linda Mary→
director · ~81y · appointed 1997-12-19 · resigned 2014-02-07
Resigned
ALDERMAN, William Leslie→
director · ~84y · resigned 2019-08-01
Resigned
BOVEY, Robert Henry→
director · ~72y · appointed 2004-08-01 · resigned 2011-06-23
Resigned
BURNAGE, Ian Anthony→
director · ~59y · appointed 2004-11-29 · resigned 2006-12-31
Resigned
HEANEY, Shane→
director · ~46y · appointed 2024-08-01 · resigned 2026-02-28
Resigned
KINGDON, Terence Keith→
director · ~84y · resigned 1997-12-19
Resigned
NORTHMORE, Bertram Andrew→
director · ~69y · appointed 2019-07-24 · resigned 2025-10-21
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
William Leslie Alderman and His Sucessors Personal Representatives Transferees and Assignees
Debenture1 property30/06/2005—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Fixed charge1 property06/01/200429/06/2007
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property18/08/1988—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (133 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-05-18
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
termination-director-company-with-name-termination-date
officers · TM01
2025-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-08-09
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-07