ALEXANDRE DEVELOPMENTS LIMITED
💤Zombieactive
03676134 · ltd · incorporated 1998-11-30
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 Nov 2024
Net worth
£-230.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
23 live charges · 6 lenders · oldest 27.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
23 charges (23/23 with lender, 23/23 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £230,813
Cash draining
Cash down 57% YoY
Cash YoY
-57%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£172k
↓ 57% YoY
Net Worth
-£231k
↓ 22% YoY
Current Assets
£900k
↓ 9.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £-215.2k | £-163.2k |
| Current assets | £900.1k | £999.4k |
| Cash | £172.3k | £399.8k |
| Debtors | £8.8k | £8.8k |
| Net assets | £-230.8k | £-188.9k |
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 (64 events)Click to expand
- 2025-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-03🔒Charge registered #23Lender: Cpf One Limited
- 2021-03-03🔒Charge registered #22Lender: Cpf One Limited
- 2020-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-23🔒Charge registered #21Lender: Cpf One Limited
- 2019-12-23🔒Charge registered #20Lender: Cpf One Limited
- 2019-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-26🔒Charge registered #19Lender: Cpf One Limited
- 2019-09-26🔒Charge registered #18Lender: Cpf One Limited
- 2019-09-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-09-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-09-09🔓Charge satisfied #15
- 2019-09-09🔓Charge satisfied #12
- 2019-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-07➖ALEXANDRE, Daphne resignedsecretary
- 2019-05-07➖ALEXANDRE, Daphne resigneddirector
- 2017-03-14🔒Charge registered #17Lender: Svenska Handelsbanken Ab (Publ)
- 2016-10-21🔒Charge registered #16Lender: Svenska Handelsbanken Ab (Publ)
- 2015-05-18🔒Charge registered #15Lender: Svenska Handelsbanken Ab (Publ)
- 2014-11-14🔒Charge registered #14Lender: Svenska Handelsbanken Ab (Publ)
- 2014-11-14🔒Charge registered #13Lender: Svenska Handelsbanken Ab (Publ)
- 2006-09-02🔓Charge satisfied #9
- 2006-08-30🔓Charge satisfied #11
- 2006-08-30🔓Charge satisfied #10
- 2006-08-30🔓Charge satisfied #8
- 2006-08-30🔓Charge satisfied #7
- 2006-08-19🔒Charge registered #12Lender: National Westminster Bank PLC
- 2005-08-02🔒Charge registered #11Lender: Close Brothers Limited
- 2004-10-15🔒Charge registered #10Lender: The Governor and Company of the Bank of Ireland
- 2004-08-17🔓Charge satisfied #6
- 2004-08-17🔓Charge satisfied #5
- 2004-08-17🔓Charge satisfied #4
- 2004-08-17🔓Charge satisfied #3
- 2004-08-17🔓Charge satisfied #2
- 2004-08-17🔓Charge satisfied #1
- 2004-08-09🔒Charge registered #9Lender: Close Brothers Limited
- 2004-08-09🔒Charge registered #8Lender: Close Brothers Limited
- 2004-08-09🔒Charge registered #7Lender: Close Brothers Limited
Showing most recent 50 of 64 events
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 72 — 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 72 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lloyd Vaughan Houghton Individual · British · DOB 04/1954 · age 72 | 75–100% | — | 75-100% shares | 30/11/2016 |
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 · Construction · SG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J FITZ LIMITED→ 09705788 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AIR COOLING SOLUTIONS LTD→ 06225595 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AIRCONIC AIR CONDITIONING LTD→ 16238353 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRCRAFT SPRAYING LTD→ 13340030 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AK TEARLE MECHANICAL SERVICES LTD→ 15553695 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALBURY ELECTRICAL SERVICES LIMITED→ 01718691 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| ALDGATE CONSTRUCTION COMPANY LIMITED→ 03238981 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ALECTRON SERVICES LTD→ 11980748 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALEX & PAULINA CONSTRUCTION LTD→ 15722316 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALIFE CONSTRUCTION LIMITED→ 16306438 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALIJA LTD→ 11354051 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALISHA STEPHENSON PILING LIMITED→ 16509031 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1998-11-30
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
Second Floor
2 Walsworth Road
Hitchin
SG4 9SP
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (1 active · 4 resigned)
HOUGHTON, Lloyd Vaughan→
Activedirector · ~72y · appointed 1998-11-30
View their other companies + combined net worth →
ALEXANDRE, Daphne→
Resignedsecretary · appointed 1998-11-30 · resigned 2019-05-07
BRITANNIA COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-11-30 · resigned 1998-11-30
ALEXANDRE, Daphne→
Resigneddirector · ~84y · appointed 1998-11-30 · resigned 2019-05-07
DEANSGATE COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 1998-11-30 · resigned 1998-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
23
Total charges
10
Outstanding
2
Active lenders
Status:Lender:23 of 23 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 03/03/2021 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 03/03/2021 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 23/12/2019 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | — | 23/12/2019 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 26/09/2019 | — | |
| outstanding | Cpf One Cpf One Limited | A registered charge | 1 property | 26/09/2019 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 14/03/2017 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 21/10/2016 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 18/05/2015 | 09/09/2019 | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 14/11/2014 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 14/11/2014 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 19/08/2006 | 09/09/2019 | |
| satisfied | Close Brothers Close Brothers Limited | Legal charge | 2 properties | 02/08/2005 | 30/08/2006 | |
| satisfied | The Governor and Company of the Bank of Ireland | Legal charge | 1 property | 15/10/2004 | 30/08/2006 | |
| satisfied | Close Brothers Close Brothers Limited | Legal charge | 1 property | 09/08/2004 | 02/09/2006 | |
| satisfied | Close Brothers Close Brothers Limited | Legal charge | 1 property | 09/08/2004 | 30/08/2006 | |
| satisfied | Close Brothers Close Brothers Limited | Floating charge | 1 property | 09/08/2004 | 30/08/2006 | |
| satisfied | Close Brothers Close Brothers Limited | Legal charge | 1 property | 11/11/2002 | 17/08/2004 | |
| satisfied | Close Brothers Close Brothers Limited | Floating charge | 1 property | 11/11/2002 | 17/08/2004 | |
| satisfied | Close Brothers Close Brothers Limited | Legal charge | 2 properties | 01/09/2000 | 17/08/2004 | |
| satisfied | Close Brothers Close Brothers Limited | Floating charge | 1 property | 01/09/2000 | 17/08/2004 | |
| satisfied | Granville Bank Granville Bank Limited | Floating charge | 1 property | 06/01/1999 | 17/08/2004 | |
| satisfied | Granville Bank Granville Bank Limited | Legal charge | 1 property | 06/01/1999 | 17/08/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-12-23