ALLTITE METAL ROOFING SYSTEMS LTD
💤Zombieactive
03640953 · ltd · incorporated 1998-09-30
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 Dec 2024
Net worth
£173.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). 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 (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 25.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £173,557
Net assets shrinking
Down £17,133 YoY
Cash YoY
+21%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£248k
↑ 21% YoY
Net Worth
£174k
↓ 9.0% YoY
Current Assets
£268k
↑ 10% YoY
Current Liabilities
—
Hover 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 | £188.8k | £201.6k |
| Current assets | £268.0k | £242.7k |
| Cash | £247.9k | £204.5k |
| Debtors | £12.2k | £30.2k |
| Net assets | £173.6k | £190.7k |
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 (25 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
- 2023-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-05-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2005-09-14🔓Charge satisfied #1
- 2002-11-11🔒Charge registered #2Lender: Yorkshire Bank PLC
- 2001-04-23🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1998-09-30🏢Company incorporatedAs ALLTITE METAL ROOFING SYSTEMS LTD
- 1998-09-30➕BLACKWELL, Allyson Joyce appointedsecretary
- 1998-09-30➕BLACKWELL, Michael David appointeddirector
- 1998-09-30➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-09-30➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-09-30➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 1998-09-30➖COMPANY DIRECTORS LIMITED resignedcorporate-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 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — 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 77 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 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael David Blackwell Individual · British · DOB 09/1949 · age 77 | — | — | sig. influencesignificant influence · firm interest | 30/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · LA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G PROCTER LIMITED→ 05915556 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AK MAINTENANCE LIMITED→ 04496739 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFIE JOHNSON (GROUND WORKS) LIMITED→ 06036256 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALL 4 LTD→ 10380916 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALL GROUND LTD→ 15123129 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALL SEASONS DRIVES LTD→ 16752169 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL TRADES PROPERTY MAINTENANCE AND CONSTRUCTION LTD→ 13097710 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLAN HODGSON LTD→ 04248416 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ALLEN LEONARD BUILDING CONTRACTORS LTD→ 04665999 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ALLISON CONSTRUCTION LTD→ 06597761 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ALPHA ELECTRICS AND BUILDING SERVICES LTD→ 04746526 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALPHA GROUNDWORKS & BUILDING SERVICES LTD→ 13744856 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1998-09-30
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
Woodside Ashton Hall
Ashton With Stodday
Lancaster
Lancashire
LA2 0AJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18
Officers (2 active · 2 resigned)
BLACKWELL, Allyson Joyce→
Activesecretary · appointed 1998-09-30
View their other companies + combined net worth →
BLACKWELL, Michael David→
Activedirector · ~77y · appointed 1998-09-30
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-09-30 · resigned 1998-09-30
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 1998-09-30 · resigned 1998-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 11/11/2002 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 23/04/2001 | 14/09/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-20