ALLAM POWER LIMITED
📈Growthactive
02708090 · ltd · incorporated 1992-04-21
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£43.79M
year to Dec 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Manufacture of engines and turbines (except aircraft, vehicle and cycle engines)
Sector: Manufacturing
ALSO REGISTERED FOR
- 28131SIC 28131
- 33140SIC 33140
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 58). 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 (77/100).
🏦
Refinance opportunity
15 live charges · 4 lenders · oldest 33.0y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 33.0 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.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 6 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
154 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £2,163,970
Turnover YoY
-3%
Year on year
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £43.79M | £45.05M |
| Gross profit | £4.85M | £4.53M |
| Operating profit | £1.49M | £1.27M |
| Profit before tax | £2.16M | £1.73M |
| Average employees | 4000 | 3600 |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-13✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-02-13✏️change-of-name-noticechange-of-name · CONNOT
- 2025-02-01➕OATES, James David appointeddirector
- 2024-12-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-13🔓Charge satisfied #12
- 2024-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-07📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-02➖ALLAM, Assem, Dr resigneddirector
- 2022-06-20📄accounts-with-accounts-type-fullaccounts · AA
- 2021-07-19📄accounts-with-accounts-type-fullaccounts · AA
- 2020-08-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-07🔓Charge satisfied #14
- 2020-03-19📄accounts-with-accounts-type-fullaccounts · AA
- 2019-03-15📄accounts-with-accounts-type-fullaccounts · AA
- 2018-03-13📄accounts-with-accounts-type-fullaccounts · AA
- 2017-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2017-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-10-02🔒Charge registered #15Lender: Lloyds Bank PLC
- 2017-10-02🔒Charge registered #14Lender: Lloyds Bank PLC
- 2017-03-15🔓Charge satisfied #13
- 2013-03-07🔓Charge satisfied #7
- 2013-03-07🔓Charge satisfied #6
- 2013-03-07🔓Charge satisfied #5
- 2013-03-07🔓Charge satisfied #4
- 2013-03-07🔓Charge satisfied #2
- 2013-03-07🔓Charge satisfied #1
- 2013-03-04🔒Charge registered #13Lender: Lloyds Tsb Bank PLC
- 2013-03-04🔒Charge registered #12Lender: Lloyds Tsb Bank PLC
- 2013-02-28🔒Charge registered #11Lender: Lloyds Tsb Bank PLC
- 2013-02-28🔒Charge registered #10Lender: Lloyds Tsb Bank PLC
- 2013-02-28🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2013-02-28🔒Charge registered #8Lender: Lloyds Tsb Bank PLC
- 2013-01-11🔒Charge registered #7Lender: Hsbc Bank PLC
- 2013-01-11🔒Charge registered #6Lender: Hsbc Bank PLC
- 2013-01-11🔒Charge registered #5Lender: Hsbc Bank PLC
- 2011-07-26🔒Charge registered #4Lender: Hsbc Bank PLC
- 2006-10-19🔓Charge satisfied #3
- 2005-12-30➕ALLAM, Ehab appointeddirector
- 2004-01-08➕ALLAM, Ehab appointedsecretary
- 2004-01-08➖FORSTER, Eman resignedsecretary
- 2000-03-31🔒Charge registered #3Lender: Hsbc Bank PLC
- 1999-09-24🔒Charge registered #2Lender: Midland Bank PLC
- 1997-01-01➖GEORGE, William Mckenzie resigneddirector
- 1993-12-21➖LAWRENCE, Andrew Edgar James resigneddirector
- 1993-04-30🔒Charge registered #1Lender: Midland Bank PLC
- 1993-02-01➖LAWRENCE, Andrew Edgar James resignedsecretary
- 1993-02-01➖LAWRENCE, Andrew Edgar James resigneddirector
Showing most recent 50 of 62 events
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "ALLAM" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed 2 times
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-02-13: certificate-change-of-name-company; 2025-02-13: change-of-name-notice
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Allamhouse Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Allamhouse Limited
Corporate parent · holds 75-100% shares
⬇
ALLAM POWER LIMITED
This company · 02708090
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Allamhouse Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-TEC SERVICES (HUMBER) LIMITED→ 09847093 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AIR CORP GLOBAL LIMITED→ 14583787 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAM GENERATORS LIMITED→ 05620647 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ALS (HULL) LTD→ 15593796 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ANTI VANDAL CABINS HULL LIMITED→ 15669357 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APROLIS UK LIMITED→ 02550150 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ARH MODULAR HOMES LTD→ 10902590 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARH PORTABLE BUILDINGS LIMITED→ 15258123 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARK WOODWORK LTD→ 10017937 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ARMA HYDRAULIC ENGINEERING LTD.→ 03268351 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ARMAK LTD→ 09342759 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ARMITAGE SHANKS LTD→ 04864346 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated1992-04-21
Jurisdictionengland-wales
Primary SIC28110 — Manufacture of engines and turbines (except aircraft, vehicle and cycle engines)
Registered office
Wyke Way Melton West Business Park
Melton
Hull
HU14 3BQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04
Officers (3 active · 9 resigned)
Active
Active
OATES, James David→
Activedirector · ~58y · appointed 2025-02-01
View their other companies + combined net worth →
ALLAM, Eman→
Resignedsecretary · appointed 1992-05-28 · resigned 1992-07-09
FORSTER, Eman→
Resignedsecretary · appointed 1993-01-28 · resigned 2004-01-08
LAWRENCE, Andrew Edgar James→
Resignedsecretary · appointed 1992-07-09 · resigned 1993-02-01
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-04-21 · resigned 1992-05-28
ALLAM, Assem, Dr→
Resigneddirector · ~87y · appointed 1992-05-28 · resigned 2022-12-02
GEORGE, William Mckenzie→
Resigneddirector · ~99y · appointed 1992-07-09 · resigned 1997-01-01
LAWRENCE, Andrew Edgar James→
Resigneddirector · ~73y · appointed 1992-07-09 · resigned 1993-02-01
LAWRENCE, Andrew Edgar James→
Resigneddirector · ~73y · resigned 1993-12-21
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 1992-04-21 · resigned 1992-05-28
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
5
Outstanding
1
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/10/2017 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/10/2017 | 07/08/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 04/03/2013 | 15/03/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 04/03/2013 | 13/12/2024 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 28/02/2013 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 28/02/2013 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 28/02/2013 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 28/02/2013 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal charge | 1 property | 11/01/2013 | 07/03/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Legal charge | 1 property | 11/01/2013 | 07/03/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Legal charge | 1 property | 11/01/2013 | 07/03/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 26/07/2011 | 07/03/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 31/03/2000 | 19/10/2006 | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 24/09/1999 | 07/03/2013 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 2 properties | 30/04/1993 | 07/03/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (154 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-full
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
appoint-person-director-company-with-name-date
officers · AP01
2025-02-17
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-13
change-of-name-notice
change-of-name · CONNOT
2025-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-13
accounts-with-accounts-type-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-full
accounts · AA
2023-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
termination-director-company-with-name-termination-date
officers · TM01
2023-01-13
accounts-with-accounts-type-full
accounts · AA
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-full
accounts · AA
2021-07-19