ALPAC ALLOYS LIMITED

🌳Matureactive
02438265 · ltd · incorporated 1989-10-31
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 Jun 2025
Net worth
£162.4k
book net assets
Opportunity
82/100
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: SIC 24530
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 65). 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 (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 33.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 33.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

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
13 officers (2 active, 13 linked, 12 with DOB)
88
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
129 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £162,426
Cash YoY
-23%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 23% YoY
Net Worth
£162k
↑ 10% YoY
Current Assets
£532k
↑ 14% YoY
Current Liabilities
—
£0£106k£213k£319k£426k£532kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£177.1k£202.5k
Current assets£532.2k£466.8k
Cash£8.2k£10.7k
Debtors£403.3k£335.5k
Net assets£162.4k£147.2k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-09-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-09-03
    🔓
    Charge satisfied #4
  4. 2025-08-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-08-29
    🔒
    Charge registered #5
    Lender: Skipton Business Finance Limited
  6. 2025-06-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-03-31
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2025-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2024-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2023-11-13
    ➖
    LEAVESLEY, Mark David resigned
    director
  12. 2023-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-03-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2023-02-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2023-02-16
    ➖
    LADYMAN, Robert Boyd resigned
    secretary
  16. 2023-02-16
    ➖
    LADYMAN, Robert Boyd resigned
    director
  17. 2023-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-03-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2021-04-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2020-10-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-10-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2020-04-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2019-09-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2019-08-30
    🔒
    Charge registered #4
    Lender: Peak Cashflow Limited
  25. 2019-06-27
    ➕
    DAY, Hazel appointed
    director
  26. 2019-06-27
    ➖
    CAWOOD, Peter Andrew resigned
    director
  27. 2019-06-13
    ➖
    CAWOOD, Christina Glynis resigned
    director
  28. 2019-06-11
    ➖
    LADYMAN, Maria resigned
    director
  29. 2019-06-11
    ➖
    LEAVESLEY, Enid resigned
    director
  30. 2012-07-31
    ➖
    HUNT, Jane resigned
    director
  31. 2012-07-31
    ➖
    HUNT, Maurice John resigned
    director
  32. 2011-10-21
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  33. 2009-07-16
    ➕
    SMITH, Mark Philip appointed
    director
  34. 2001-03-16
    ➕
    CAWOOD, Christina Glynis appointed
    director
  35. 2001-03-16
    ➕
    HUNT, Jane appointed
    director
  36. 2001-03-16
    ➕
    LADYMAN, Maria appointed
    director
  37. 2001-02-16
    ➕
    LEAVESLEY, Enid appointed
    director
  38. 1997-03-03
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  39. 1993-04-01
    ➕
    CAWOOD, Peter Andrew appointed
    director
  40. 1992-12-03
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  41. 1992-04-01
    ➖
    DELROSSO, Frank resigned
    director
  42. 1992-04-01
    ➖
    DELROSSO, Lorenzo resigned
    director
  43. 1989-10-31
    🏢
    Company incorporated
    As ALPAC ALLOYS LIMITED

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

79/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 37 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Mark Philip Smith
Individual · British · DOB 06/1961 · age 65
50–75%
—50-75% shares27/06/2019
Mrs Hazel Day
Individual · British · DOB 10/1971 · age 55
25–50%
—25-50% shares27/03/2024
1 historic (ceased) PSC
  • Mr Peter Andrew Cawoodceased 27/06/2019· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · DE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.P.A. DESIGN CONSULTANTS LIMITED→
02947690 · est 1994 · no financials extracted
————31y——
ADT SITE SERVICES LIMITED→
04810636 · est 2003 · no financials extracted
————22y——
ADVANCED CARBON ALLOTROPES LIMITED→
11041132 · est 2017 · no financials extracted
————8y——
AGUA-TEK LIMITED→
07640154 · est 2011 · no financials extracted
————14y——
AK UPHOLSTERY LTD→
15264586 · est 2023 · no financials extracted
————2y——
AKERS AVIA LTD→
15981821 · est 2024 · no financials extracted
————1y——
AKRAMATIC ENGINEERING CO. LIMITED→
00896426 · est 1967 · no financials extracted
————59y——
ALEXIUS POWER ENGINEERING LIMITED→
16597736 · est 2025 · no financials extracted
———————
ALLIED BRAND PACKAGING LIMITED→
10905982 · est 2017 · no financials extracted
————8y——
ALLMEK SERVICES LIMITED→
10640997 · est 2017 · no financials extracted
————9y——
ALMEX ENGINEERING LTD→
07066625 · est 2009 · no financials extracted
————16y——
ALSTOM ENGINEERING AND SERVICES LIMITED→
02235994 · est 1988 · no financials extracted
————38y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1989-10-31
Jurisdictionengland-wales
Primary SIC24530 — SIC 24530

Registered office

8 Chapel Street
Belper
Derbyshire
DE56 1AR
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (2 active · 11 resigned)

DAY, Hazel→
director · ~55y · appointed 2019-06-27
View their other companies + combined net worth →
Active
SMITH, Mark Philip→
director · ~65y · appointed 2009-07-16
View their other companies + combined net worth →
Active
LADYMAN, Robert Boyd→
secretary · resigned 2023-02-16
Resigned
CAWOOD, Christina Glynis→
director · ~69y · appointed 2001-03-16 · resigned 2019-06-13
Resigned
CAWOOD, Peter Andrew→
director · ~71y · appointed 1993-04-01 · resigned 2019-06-27
Resigned
DELROSSO, Frank→
director · ~78y · resigned 1992-04-01
Resigned
DELROSSO, Lorenzo→
director · ~74y · resigned 1992-04-01
Resigned
HUNT, Jane→
director · ~65y · appointed 2001-03-16 · resigned 2012-07-31
Resigned
HUNT, Maurice John→
director · ~69y · resigned 2012-07-31
Resigned
LADYMAN, Maria→
director · ~71y · appointed 2001-03-16 · resigned 2019-06-11
Resigned
LADYMAN, Robert Boyd→
director · ~68y · resigned 2023-02-16
Resigned
LEAVESLEY, Enid→
director · ~70y · appointed 2001-02-16 · resigned 2019-06-11
Resigned
LEAVESLEY, Mark David→
director · ~71y · resigned 2023-11-13
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Skipton Business Finance
Skipton Business Finance Limited
A registered charge1 property29/08/2025—
satisfied
Peak Cashflow
Peak Cashflow Limited
A registered charge—30/08/201903/09/2025
outstanding
Barclays
Barclays Bank PLC
Fixed & floating charge1 property21/10/2011—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property03/03/1997—
outstanding
Barclays
Barclays Bank PLC
Debenture1 property03/12/1992—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (129 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-16
capital-name-of-class-of-shares
capital · SH08
2025-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-27
termination-director-company-with-name-termination-date
officers · TM01
2023-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-10
termination-secretary-company-with-name-termination-date
officers · TM02
2023-02-17
termination-director-company-with-name-termination-date
officers · TM01
2023-02-16