ALTHAM ENGINEERING LIMITED
🌳Matureactive
03466809 · ltd · incorporated 1997-11-17
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 27.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
90 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.
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 | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 8 | 700 |
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 (32 events)Click to expand
- 2026-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-24📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-06-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-05-01➕COHEN, Christopher appointeddirector
- 2015-05-18➖COHEN, Nigel Anthony resigneddirector
- 1999-11-26➕COHEN, Margery appointedsecretary
- 1999-11-26➕COHEN, Margery appointeddirector
- 1999-11-26➖WOOD, Andrew Brian resignedsecretary
- 1999-11-26➖WOOD, Andrew Brian resigneddirector
- 1998-10-19🔒Charge registered #1Lender: Barclays Bank PLC
- 1998-06-22➕WOOD, Andrew Brian appointeddirector
- 1997-11-24➕WOOD, Andrew Brian appointedsecretary
- 1997-11-24➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-11-24➕COHEN, Nigel Anthony appointeddirector
- 1997-11-24➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
- 1997-11-17🏢Company incorporatedAs ALTHAM ENGINEERING LIMITED
- 1997-11-17➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-11-17➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
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.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Margery Cohen Individual · British · DOB 04/1957 · age 69 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 17/11/2016 |
Mr Christopher Cohen Individual · British · DOB 05/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| ALTRLIFE YOGA LTD→ 14685216 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALVAH HOLDINGS LTD→ 15388133 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALYCO CLEANING LTD→ 16846185 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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
Incorporated1997-11-17
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Reception 1, First Floor Offices Red Rose Court
Clayton Business Park
Clayton Le Moors
Lancashire
BB5 5JR
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (3 active · 5 resigned)
Active
COHEN, Christopher→
Activedirector · ~43y · appointed 2018-05-01
View their other companies + combined net worth →
COHEN, Margery→
Activedirector · ~69y · appointed 1999-11-26
View their other companies + combined net worth →
WOOD, Andrew Brian→
Resignedsecretary · appointed 1997-11-24 · resigned 1999-11-26
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-11-17 · resigned 1997-11-24
COHEN, Nigel Anthony→
Resigneddirector · ~71y · appointed 1997-11-24 · resigned 2015-05-18
WOOD, Andrew Brian→
Resigneddirector · ~67y · appointed 1998-06-22 · resigned 1999-11-26
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 1997-11-17 · resigned 1997-11-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 19/10/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-27
change-person-director-company-with-change-date
officers · CH01
2023-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-04
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-01