ALEXDRAFT LIMITED
💤Zombieactive
03071492 · ltd · incorporated 1995-06-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£528.8k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunityDistressed property with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (78/100, director aged 80). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
10 live charges · 6 lenders · oldest 30.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 30.5 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
97 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
71/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £528,794
Net assets shrinking
Down £22,446 YoY
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 42% YoY
Net Worth
£529k
↓ 4.1% YoY
Current Assets
£433k
↓ 6.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.14M | £1.16M |
| Current assets | £433.4k | £464.8k |
| Cash | £2.2k | £3.8k |
| Debtors | £431.2k | £461.0k |
| Net assets | £528.8k | £551.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-01-10➖REES, Jayne Elizabeth Mary resignedsecretary
- 2025-11-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-01➖HARRIS, Jessica Jayne resigneddirector
- 2024-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-08-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-29🔓Charge satisfied #8
- 2019-08-29🔓Charge satisfied #7
- 2019-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-03🔒Charge registered #10Lender: Cambridge & Counties Bank Limited
- 2019-07-03🔒Charge registered #9Lender: Cambridge & Counties Bank Limited
- 2019-05-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-06➕HARRIS, Jessica Jayne appointeddirector
- 2018-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2005-09-14🔓Charge satisfied #6
- 2005-09-14🔓Charge satisfied #5
- 2005-09-14🔓Charge satisfied #4
- 2005-09-06🔒Charge registered #8Lender: Svenska Handelsbanken Ab (Publ)
- 2005-09-06🔒Charge registered #7Lender: Svenska Handelsbanken Ab (Publ)
- 2002-06-25🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2002-03-27🔓Charge satisfied #3
- 2002-03-27🔓Charge satisfied #2
- 2002-03-27🔓Charge satisfied #1
- 2002-03-19🔒Charge registered #5Lender: Halifax PLC
- 2002-03-19🔒Charge registered #4Lender: Halifax PLC
- 1996-01-19🔒Charge registered #3Lender: Guardian Assurance PLC
- 1996-01-19🔒Charge registered #2Lender: Guardian Assurance PLC
- 1996-01-19🔒Charge registered #1Lender: Lloyds Bank PLC
- 1995-07-20➕REES, Peter appointeddirector
- 1995-07-20➕REES, Jayne Elizabeth Mary appointedsecretary
- 1995-07-20➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1995-07-20➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
- 1995-06-22🏢Company incorporatedAs ALEXDRAFT LIMITED
- 1995-06-22➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1995-06-22➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-13
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Jayne Rees Individual · British · DOB 12/1953 · age 73 | 25–50% | — | 25-50% shares | 27/06/2017 |
Mr Peter Rees Individual · British · DOB 06/1946 · age 80 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/06/2017 |
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 · Property · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACE ARC PROPERTIES LTD→ 16108130 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIM2SUSTAIN PROPERTIES LTD→ 08826826 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AITRES LTD→ 12640707 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AJA PROPERTIES (CARDIFF) LIMITED→ 10060138 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AKAB ENTERPRISES LTD→ 16711788 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL MORGAN PROPERTIES LTD→ 16815767 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALEX THOMAS PROPERTY MANAGEMENT LIMITED→ 11931224 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALEXANDRITE PROPERTY DEVELOPMENTS LTD→ 16484031 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALF DEVELOPMENTS LIMITED→ 08066992 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ALFA BETA PROPERTIES LTD→ 16216610 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALIFFE PROPERTIES LTD→ 16030313 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALIWDAF LIMITED→ 16919185 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1995-06-22
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Unit 2 23 Nelson Street
Swansea
SA1 3QE
Wales
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-13OVERDUE
Last: 2025-05-30
Officers (1 active · 4 resigned)
Active
REES, Jayne Elizabeth Mary→
Resignedsecretary · appointed 1995-07-20 · resigned 2026-01-10
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-06-22 · resigned 1995-07-20
HARRIS, Jessica Jayne→
Resigneddirector · ~47y · appointed 2019-02-06 · resigned 2025-05-01
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-06-22 · resigned 1995-07-20
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
2
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | — | 03/07/2019 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 03/07/2019 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 1 property | 06/09/2005 | 29/08/2019 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Debenture | 1 property | 06/09/2005 | 29/08/2019 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 25/06/2002 | 14/09/2005 | |
| satisfied | Lloyds Banking Group Halifax PLC | Deed of fixed and floating charge | 1 property | 19/03/2002 | 14/09/2005 | |
| satisfied | Lloyds Banking Group Halifax PLC | Legal charge | 1 property | 19/03/2002 | 14/09/2005 | |
| satisfied | Guardian Assurance Guardian Assurance PLC | Legal charge | 1 property | 19/01/1996 | 27/03/2002 | |
| satisfied | Guardian Assurance Guardian Assurance PLC | Debenture | 1 property | 19/01/1996 | 27/03/2002 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 19/01/1996 | 27/03/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-07