ALT ENGINEERING COMPANY LIMITED
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
1 live charge · oldest 22.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £9.7k | £9.7k |
| Debtors | £98.5k | £98.5k |
| Net assets | £9.7k | £9.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (40 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-08➖WOODNETT, Samantha resigneddirector
- 2023-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-02➕WOODNETT, Samantha appointeddirector
- 2021-04-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2021-03-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-02➖WOODNETT, Samantha resigneddirector
- 2021-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-08➕CARR, Phlip Alexander appointedsecretary
- 2020-12-08➖THOMPSON, Kenneth resignedsecretary
- 2020-12-08➖HAREWOOD, Ricky resigneddirector
- 2020-12-08➖THOMPSON, Kenneth resigneddirector
- 2020-12-08➖WILLIAMS, David resigneddirector
- 2018-06-02➕CARR, Phlip Alexander appointeddirector
- 2018-06-02➕WOODNETT, Samantha appointeddirector
- 2006-12-20➕HAREWOOD, Ricky appointeddirector
- 2003-07-09🔒Charge registered #1Lender: National Westminster Bank PLC
- 1998-09-22➕THOMPSON, Kenneth appointedsecretary
- 1998-09-22➕THOMPSON, Kenneth appointeddirector
- 1998-09-10🏢Company incorporatedAs ALT ENGINEERING COMPANY LIMITED
- 1998-09-10➕SCOTT, Stephen John appointednominee-secretary
- 1998-09-10➖SCOTT, Stephen John resignednominee-secretary
- 1998-09-10➕SCOTT, Jacqueline appointednominee-director
- 1998-09-10➖SCOTT, Jacqueline resignednominee-director
- 1998-09-10➕WILLIAMS, David appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Cheshire Tool And Pressing Company Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Cheshire Tool And Pressing Company Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 02/06/2018 |
3 historic (ceased) PSCs
- Mr Keneth Thompsonceased 02/06/2018· 25-50% shares
- Mr David Williamsceased 02/06/2018· 25-50% shares
- Mr Ricky Harewoodceased 02/06/2018· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| AIRCONCO LIMITED→ 04645677 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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| ALIGNMENT TOOLS LTD→ 08407241 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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| ALLIANCE APPARELS INSPECTION LTD→ 11241903 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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| ALUMENIUM LTD→ 14815368 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMANN OXLEY HOLDINGS LIMITED→ 06410636 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AMBER INDUSTRIES LIMITED→ 03763332 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
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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 →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
Registered office
Filing status
Officers (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 09/07/2003 | — |