ALTERNATIVE BRIDGING CORPORATION (CHEVAL) LIMITED

🌳Matureactive
04219776 · ltd · incorporated 2001-05-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£55.1k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 87-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -86% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 23.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 23.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
29 officers (5 active, 29 linked, 21 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
136 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
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 · FRS 102
Positive net assets
Net assets £55,060
Net assets shrinking
Down £37,295 YoY
Cash draining
Cash down 86% YoY
Cash YoY
-86%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
↓ 86% YoY
Net Worth
£55k
↓ 40% YoY
Current Assets
£2.3m
↑ 49% YoY
Current Liabilities
—
£0£460k£920k£1.4m£1.8m£2.3mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Total assets£55.1k£92.4k
Current assets£2.30M£1.54M
Cash£11.8k£82.6k
Debtors£2.29M£1.46M
Net assets£55.1k£92.4k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
  1. 2025-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-05-15
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  3. 2024-06-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-05-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-09-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2022-09-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-08-05
    ➕
    SIVASUBRAMANIAN, Laxmi appointed
    secretary
  8. 2022-08-05
    ➖
    PIPER, Robert Jeffrey resigned
    secretary
  9. 2022-04-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2021-04-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2020-06-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2019-03-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2018-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-02-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2017-02-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2017-01-27
    📄
    second-filing-of-annual-return-with-made-up-date
    document-replacement · RP04AR01
  17. 2017-01-19
    📄
    capital-allotment-shares
    capital · SH01
  18. 2013-09-24
    ➕
    KAY, Allan Howard appointed
    director
  19. 2013-09-09
    ➕
    MELLER, Stephen Daniel appointed
    director
  20. 2013-09-09
    ➕
    RUBINS, Brian Leslie appointed
    director
  21. 2013-09-09
    ➕
    RUBINS, Jonathan appointed
    director
  22. 2013-09-09
    ➕
    PIPER, Robert Jeffrey appointed
    secretary
  23. 2013-09-09
    ➖
    CHESLER, Martin David resigned
    director
  24. 2013-09-09
    ➖
    LEVINE, Dennis Michael resigned
    director
  25. 2013-09-09
    ➖
    MURRAY, Derek Jonathan resigned
    director
  26. 2013-09-09
    ➖
    PITZER, Glenn Robert Bruce resigned
    director
  27. 2013-08-28
    ➖
    KAY, Allan Howard resigned
    director
  28. 2013-03-07
    ➖
    DIAMOND, Gavin Roland resigned
    secretary
  29. 2013-03-07
    ➖
    DIAMOND, Gavin Roland resigned
    director
  30. 2011-08-04
    ➕
    CHESLER, Martin David appointed
    director
  31. 2011-08-04
    ➕
    DIAMOND, Gavin Roland appointed
    director
  32. 2011-08-04
    ➕
    LEVINE, Dennis Michael appointed
    director
  33. 2011-03-31
    ➕
    MURRAY, Derek Jonathan appointed
    director
  34. 2011-02-21
    ➕
    PITZER, Glenn Robert Bruce appointed
    director
  35. 2011-02-02
    ➖
    HALPERN, Colin resigned
    director
  36. 2011-01-15
    🔓
    Charge satisfied #3
  37. 2011-01-15
    🔓
    Charge satisfied #2
  38. 2010-01-29
    ➕
    DIAMOND, Gavin Roland appointed
    secretary
  39. 2010-01-28
    ➖
    MARGOLIS, Alan Stephen resigned
    secretary
  40. 2010-01-28
    ➖
    MARGOLIS, Alan Stephen resigned
    director
  41. 2010-01-12
    ➕
    DIAMOND, Gavin Roland appointed
    secretary
  42. 2010-01-12
    ➖
    DIAMOND, Gavin Roland resigned
    secretary
  43. 2009-11-11
    🔒
    Charge registered #3
    Lender: Nibalk Limited
  44. 2009-11-06
    🔒
    Charge registered #2
    Lender: Nibalk Limited
  45. 2009-04-30
    ➖
    HERSCH, Benson Selwyn resigned
    director
  46. 2009-02-25
    ➖
    SHER, Ellis Lester resigned
    director
  47. 2008-12-05
    ➖
    POSNIAK, Mark resigned
    director
  48. 2008-09-25
    🔓
    Charge satisfied #1
  49. 2007-12-20
    ➖
    CHESLER, Martin David resigned
    director
  50. 2006-12-07
    ➖
    EPSTEIN, Norman Clifford resigned
    director
Showing most recent 50 of 75 events

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
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 87 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 25 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.)

Group structure

Alternative Bridging Corporation Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Alternative Bridging Corporation Limited
Corporate parent
⬇
ALTERNATIVE BRIDGING CORPORATION (CHEVAL) LIMITED
This company · 04219776

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%
NameSharesVoting rightsNature of controlNotified
Alternative Bridging Corporation Limited
Corporate entity
—75–100%75-100% voting06/04/2016
1 historic (ceased) PSC
  • Southern Group Limitedceased 18/05/2018· 25-50% shares

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 →

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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
Incorporated2001-05-18
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

2 Imperial Place
Maxwell Road
Borehamwood
Hertfordshire
WD6 1JN
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-05-24
Last: 2026-05-10

Officers (5 active · 24 resigned)

SIVASUBRAMANIAN, Laxmi→
secretary · appointed 2022-08-05
View their other companies + combined net worth →
Active
KAY, Allan Howard→
director · ~63y · appointed 2013-09-24
View their other companies + combined net worth →
Active
MELLER, Stephen Daniel→
director · ~59y · appointed 2013-09-09
View their other companies + combined net worth →
Active
RUBINS, Brian Leslie→
director · ~87y · appointed 2013-09-09
View their other companies + combined net worth →
Active
RUBINS, Jonathan→
director · ~59y · appointed 2013-09-09
View their other companies + combined net worth →
Active
DIAMOND, Gavin Roland→
secretary · appointed 2010-01-29 · resigned 2013-03-07
Resigned
DIAMOND, Gavin Roland→
secretary · appointed 2010-01-12 · resigned 2010-01-12
Resigned
KAY, Allan Howard→
secretary · appointed 2001-05-18 · resigned 2005-01-10
Resigned
MARGOLIS, Alan Stephen→
secretary · appointed 2005-01-10 · resigned 2010-01-28
Resigned
PIPER, Robert Jeffrey→
secretary · appointed 2013-09-09 · resigned 2022-08-05
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2001-05-18 · resigned 2001-05-22
Resigned
CHESLER, Martin David→
director · ~53y · appointed 2011-08-04 · resigned 2013-09-09
Resigned
CHESLER, Martin David→
director · ~53y · appointed 2004-07-28 · resigned 2007-12-20
Resigned
COHEN, Sidney→
director · ~93y · appointed 2001-05-18 · resigned 2005-04-13
Resigned
DIAMOND, Gavin Roland→
director · ~51y · appointed 2011-08-04 · resigned 2013-03-07
Resigned
EPSTEIN, Norman Clifford→
director · ~86y · appointed 2001-05-18 · resigned 2006-12-07
Resigned
HALPERN, Colin→
director · ~89y · appointed 2006-06-01 · resigned 2011-02-02
Resigned
HERSCH, Benson Selwyn→
director · ~82y · appointed 2001-05-18 · resigned 2009-04-30
Resigned
KAY, Allan Howard→
director · ~63y · appointed 2001-05-18 · resigned 2013-08-28
Resigned
LEVINE, Dennis Michael→
director · ~74y · appointed 2011-08-04 · resigned 2013-09-09
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Nibalk
Nibalk Limited
Sub-mortgage1 property11/11/200915/01/2011
satisfied
Nibalk
Nibalk Limited
Debenture1 property06/11/200915/01/2011
satisfied
Barclays
Barclays Bank PLC
Debenture1 property21/03/200325/09/2008

Recent filings (136 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-25
accounts-with-accounts-type-medium
accounts · AA
2025-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-full
accounts · AA
2024-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-full
accounts · AA
2023-05-10
appoint-person-secretary-company-with-name-date
officers · AP03
2022-09-01
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-20
accounts-with-accounts-type-full
accounts · AA
2022-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-full
accounts · AA
2021-04-28
accounts-with-accounts-type-full
accounts · AA
2020-06-29