ALMA LEATHER LIMITED

🌳Matureactive
03668434 · ltd · incorporated 1998-11-16
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 27.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£126.5k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 46240
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 27.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 27.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
77 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 declared
Positive net assets
Net assets £126,485
Net assets shrinking
Down £25,404 YoY
Cash YoY
+20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£788k
↑ 20% YoY
Net Worth
£126k
↓ 17% YoY
Current Assets
£1.4m
↑ 41% YoY
Current Liabilities
—
£0£285k£569k£854k£1.1m£1.4mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£126.5k£151.9k
Current assets£1.42M£1.01M
Cash£787.5k£655.5k
Debtors£481.5k£202.2k
Net assets£126.5k£151.9k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-03-11
    ➕
    RICHBELL, Patricia Lesley appointed
    director
  7. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-21
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2018-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-09-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-10-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-01-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2005-04-19
    🔓
    Charge satisfied #1
  18. 2002-11-12
    ➖
    KHALIQUE, Waheed resigned
    director
  19. 2001-05-01
    ➖
    BISHOPP, Anthony John Piper resigned
    director
  20. 2000-02-01
    ➕
    KHALIQUE, Saeed appointed
    director
  21. 2000-02-01
    ➕
    KHALIQUE, Waheed appointed
    director
  22. 1999-06-11
    ➖
    SAEED, Mubashar resigned
    director
  23. 1998-12-18
    🔒
    Charge registered #1
    Lender: Riggs Bank Europe Limited
  24. 1998-12-02
    ➕
    GREENHALGH, William appointed
    secretary
  25. 1998-12-02
    ➖
    HALLMARK SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 1998-12-02
    ➕
    BISHOPP, Anthony John Piper appointed
    director
  27. 1998-12-02
    ➕
    SAEED, Mubashar appointed
    director
  28. 1998-12-02
    ➖
    HALLMARK REGISTRARS LIMITED resigned
    corporate-nominee-director
  29. 1998-11-16
    🏢
    Company incorporated
    As ALMA LEATHER LIMITED
  30. 1998-11-16
    ➕
    HALLMARK SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 1998-11-16
    ➕
    HALLMARK REGISTRARS LIMITED appointed
    corporate-nominee-director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong 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 26 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Saeed Khalique
Individual · British · DOB 10/1957 · age 69
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · Wholesale & distribution · SO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ABSOLUTE BOARD CO. LIMITED→
08130948 · est 2012 · no financials extracted
————13y——
ACELL SOLUTIONS UK LIMITED→
08776838 · est 2013 · no financials extracted
————12y——
AFRO HEIGHTS LTD→
15904460 · est 2024 · no financials extracted
————1y——
ALEPEN LIMITED→
10872155 · est 2017 · no financials extracted
————8y——
ALEXANDER COMMERCE LIMITED→
16925661 · est 2025 · no financials extracted
———————
ALL CLOTHING & PROTECTION LIMITED→
04841687 · est 2003 · no financials extracted
————22y——
ALL THE LITTLE NEEDS LTD→
14497020 · est 2022 · no financials extracted
————3y——
ALLIED OFFICE MACHINES LIMITED→
04593189 · est 2002 · no financials extracted
————23y——
ALLKA LTD→
16374881 · est 2025 · no financials extracted
————1y——
ALPHA COOP AFRICAN GROCERIES LTD→
15911228 · est 2024 · no financials extracted
————1y——
ALTINO LOURENCO LIMITED→
16782930 · est 2025 · no financials extracted
———————
AMBA GROUP LTD→
11176601 · est 2018 · no financials extracted
————8y——
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
Incorporated1998-11-16
Jurisdictionengland-wales
Primary SIC46240 — SIC 46240

Registered office

Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-30
Last: 2025-11-16

Officers (3 active · 5 resigned)

GREENHALGH, William→
secretary · appointed 1998-12-02
View their other companies + combined net worth →
Active
KHALIQUE, Saeed→
director · ~69y · appointed 2000-02-01
View their other companies + combined net worth →
Active
RICHBELL, Patricia Lesley→
director · ~67y · appointed 2023-03-11
View their other companies + combined net worth →
Active
HALLMARK SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1998-11-16 · resigned 1998-12-02
Resigned
BISHOPP, Anthony John Piper→
director · ~69y · appointed 1998-12-02 · resigned 2001-05-01
Resigned
KHALIQUE, Waheed→
director · ~66y · appointed 2000-02-01 · resigned 2002-11-12
Resigned
SAEED, Mubashar→
director · ~69y · appointed 1998-12-02 · resigned 1999-06-11
Resigned
HALLMARK REGISTRARS LIMITED→
corporate-nominee-director · appointed 1998-11-16 · resigned 1998-12-02
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Riggs Bank Europe
Riggs Bank Europe Limited
Debenture1 property18/12/199819/04/2005

Recent filings (77 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-14
appoint-person-director-company-with-name-date
officers · AP01
2023-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-19