ALTWOOD PETROLEUM LIMITED

🌳Matureactive
02728156 · ltd · incorporated 1992-07-02
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
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pursue
Active trading company with a 89-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 89). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 4 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-30
Average employees200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-21
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  4. 2024-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-05-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-09-16
    EVANS, Julia May appointed
    director
  11. 2019-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-07-26
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2016-07-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2016-03-21
    EVANS, Julia May appointed
    secretary
  17. 2016-03-21
    EVANS, Gareth John appointed
    director
  18. 2016-03-21
    EVANS, Gareth John resigned
    secretary
  19. 2016-03-21
    EVANS, Julia May resigned
    director
  20. 2005-06-21
    EVANS, Gareth John appointed
    secretary
  21. 2005-06-21
    EVANS, Julia May resigned
    secretary
  22. 2005-05-05
    EVANS, William Ernest resigned
    director
  23. 1993-07-02
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-secretary
  24. 1993-07-02
    COMBINED NOMINEES LIMITED resigned
    corporate-nominee-director
  25. 1993-07-02
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-director
  26. 1992-07-02
    🏢
    Company incorporated
    As ALTWOOD PETROLEUM LIMITED
  27. 1992-07-02
    COMBINED SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-secretary
  28. 1992-07-02
    COMBINED NOMINEES LIMITED appointed
    corporate-nominee-director
  29. 1992-07-02
    COMBINED SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 89 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 34 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Julia May Evans
Individual · British · DOB 07/1937 · age 89
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Julia May Evans As Executor Of The Esate Of William Ernest Evansceased 06/04/2016· 25-50% shares · 25-50% voting

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

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
Incorporated1992-07-02
Jurisdictionengland-wales
Primary SIC06100 — SIC 06100

Registered office

Chenies
Altwood Close
Maidenhead
Berkshire
SL6 4PP

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (3 active · 7 resigned)

EVANS, Julia May
secretary · appointed 2016-03-21
View their other companies + combined net worth →
Active
EVANS, Gareth John
director · ~61y · appointed 2016-03-21
View their other companies + combined net worth →
Active
EVANS, Julia May
director · ~89y · appointed 2019-09-16
View their other companies + combined net worth →
Active
EVANS, Gareth John
secretary · appointed 2005-06-21 · resigned 2016-03-21
Resigned
EVANS, Julia May
secretary · resigned 2005-06-21
Resigned
COMBINED SECRETARIAL SERVICES LIMITED
corporate-nominee-secretary · appointed 1992-07-02 · resigned 1993-07-02
Resigned
EVANS, Julia May
director · ~89y · resigned 2016-03-21
Resigned
EVANS, William Ernest
director · ~90y · resigned 2005-05-05
Resigned
COMBINED NOMINEES LIMITED
corporate-nominee-director · appointed 1992-07-02 · resigned 1993-07-02
Resigned
COMBINED SECRETARIAL SERVICES LIMITED
corporate-nominee-director · appointed 1992-07-02 · resigned 1993-07-02
Resigned

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

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-06
change-sail-address-company-with-old-address-new-address
address · AD02
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-16
appoint-person-director-company-with-name-date
officers · AP01
2019-10-21