ALEGA LIMITED

🌳Matureactive
03586233 · ltd · incorporated 1998-06-24
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2025
Net worth
£2.72M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

11 live charges · 2 lenders · oldest 28.7y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 28.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 40/100 — 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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
112 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,721,046
Cash YoY
+62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£53k
↑ 62% YoY
Net Worth
£2.7m
~ YoY
Current Assets
£67k
↑ 69% YoY
Current Liabilities
—
£0£544k£1.1m£1.6m£2.2m£2.7mNov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-11-292024-11-29
Total assets£3.34M£3.33M
Current assets£67.0k£39.6k
Cash£53.4k£33.0k
Debtors£13.6k£6.6k
Net assets£2.72M£2.70M

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-06
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  5. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-08-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2022-07-11
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-07-11
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2022-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-05-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-04-14
    🔒
    Charge registered #11
    Lender: Lloyds Bank PLC
  15. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-05-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-03-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-03-04
    ➕
    LYCETT, Gail appointed
    director
  21. 2018-01-17
    🔓
    Charge satisfied #9
  22. 2018-01-17
    🔓
    Charge satisfied #8
  23. 2018-01-17
    🔓
    Charge satisfied #6
  24. 2018-01-17
    🔓
    Charge satisfied #4
  25. 2018-01-17
    🔓
    Charge satisfied #3
  26. 2018-01-17
    🔓
    Charge satisfied #1
  27. 2018-01-17
    🔓
    Charge satisfied #2
  28. 2016-09-13
    🔒
    Charge registered #10
    Lender: Lloyds Bank PLC
  29. 2015-09-01
    ➕
    LYCETT, Leanne appointed
    director
  30. 2005-09-01
    ➕
    LYCETT, Gail appointed
    secretary
  31. 2005-09-01
    ➖
    SCOTT, Don Alexander resigned
    secretary
  32. 2005-09-01
    ➖
    SCOTT, Don Alexander resigned
    director
  33. 2004-10-29
    🔒
    Charge registered #9
    Lender: Lloyds Tsb Bank PLC
  34. 2003-07-28
    🔒
    Charge registered #8
    Lender: Lloyds Tsb Bank PLC
  35. 2002-09-16
    🔒
    Charge registered #7
    Lender: Lloyds Tsb Bank PLC
  36. 2001-10-19
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Bank PLC
  37. 2001-04-24
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  38. 2000-11-02
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  39. 1999-11-26
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  40. 1999-10-01
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  41. 1998-06-24
    🏢
    Company incorporated
    As ALEGA LIMITED
  42. 1998-06-24
    ➕
    LYCETT, Alan John appointed
    director
  43. 1998-06-24
    ➕
    SCOTT, Don Alexander appointed
    secretary
  44. 1998-06-24
    ➕
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  45. 1998-06-24
    ➖
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  46. 1998-06-24
    ➕
    SCOTT, Don Alexander appointed
    director
  47. 1998-06-24
    ➕
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  48. 1998-06-24
    ➖
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director
  49. 1997-11-11
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC

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
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 76 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Thompson Wright Trustees Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Thompson Wright Trustees Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
ALEGA LIMITED
This company · 03586233

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan John Lycett
Individual · British · DOB 08/1950 · age 76
25–50%
25–50%25-50% shares · 25-50% voting · trust interest14/04/2022
Mrs Gail Lycett
Individual · British · DOB 11/1953 · age 73
25–50%
—25-50% shares · trust interest14/04/2022
Thompson Wright Trustees Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting07/04/2016
1 historic (ceased) PSC
  • Mr Alan John Lycettceased 06/04/2016· 75-100% shares

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

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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
Incorporated1998-06-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Ebenezer House, Rycroft
Newcastle
Staffordshire
ST5 2BE

Filing status

Accounts
Next due: 2027-08-29
Last made up to: 2025-11-29
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13

Officers (4 active · 4 resigned)

LYCETT, Gail→
secretary · appointed 2005-09-01
View their other companies + combined net worth →
Active
LYCETT, Alan John→
director · ~76y · appointed 1998-06-24
View their other companies + combined net worth →
Active
LYCETT, Gail→
director · ~73y · appointed 2019-03-04
View their other companies + combined net worth →
Active
LYCETT, Leanne→
director · ~37y · appointed 2015-09-01
View their other companies + combined net worth →
Active
SCOTT, Don Alexander→
secretary · appointed 1998-06-24 · resigned 2005-09-01
Resigned
TEMPLE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1998-06-24 · resigned 1998-06-24
Resigned
SCOTT, Don Alexander→
director · ~71y · appointed 1998-06-24 · resigned 2005-09-01
Resigned
COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 1998-06-24 · resigned 1998-06-24
Resigned

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

Mortgages & charges

11
Total charges
4
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge6 properties14/04/2022—
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property13/09/2016—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property29/10/200417/01/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property28/07/200317/01/2018
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property16/09/2002—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property19/10/200117/01/2018
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property24/04/2001—
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed1 property02/11/200017/01/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property26/11/199917/01/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property01/10/199917/01/2018
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property11/11/199717/01/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-08-25
confirmation-statement
confirmation-statement · CS01
2022-12-14
capital-allotment-shares
capital · SH01
2022-07-11
resolution
resolution · RESOLUTIONS
2022-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-07-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-06