ALPHA 211 (UK) LIMITED

💤Zombieactive
04266959 · ltd · incorporated 2001-08-08
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 Oct 2024
Net worth
£116.1k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 61). 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

14 live charges · 6 lenders · oldest 23.9y

15/100
under pressure

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

  • · Oldest live charge is 23.9 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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £116,080
Net assets shrinking
Down £786,056 YoY
Cash YoY
+360%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↑ 360% YoY
Net Worth
£116k
↓ 87% YoY
Current Assets
£137k
↓ 85% YoY
Current Liabilities
—
£0£187k£373k£560k£747k£933kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£122.2k£918.6k
Current assets£136.6k£933.2k
Cash£8.5k£1.9k
Debtors£128.1k£931.4k
Net assets£116.1k£902.1k

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
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2026-04-15
    ➖
    BHARWANI, Jyoti resigned
    secretary
  2. 2026-04-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-09-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-09-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-09-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2021-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-06-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-06-12
    🔒
    Charge registered #14
    Lender: Hsbc Bank PLC
  18. 2018-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2018-05-04
    🔓
    Charge satisfied #11
  21. 2018-04-18
    🔒
    Charge registered #13
    Lender: Hsbc Invoice Finance (UK) LTD
  22. 2018-04-04
    🔒
    Charge registered #12
    Lender: Hsbc Bank PLC
  23. 2013-05-10
    🔓
    Charge satisfied #9
  24. 2013-04-26
    🔒
    Charge registered #11
    Lender: Santander UK PLC as Security Trustee for Each Group Member
  25. 2013-03-27
    🔓
    Charge satisfied #10
  26. 2013-02-06
    🔒
    Charge registered #10
    Lender: Hsbc Bank PLC
  27. 2012-05-17
    🔓
    Charge satisfied #8
  28. 2012-05-17
    🔓
    Charge satisfied #7
  29. 2012-05-17
    🔓
    Charge satisfied #6
  30. 2012-05-17
    🔓
    Charge satisfied #5
  31. 2012-05-17
    🔓
    Charge satisfied #4
  32. 2012-05-17
    🔓
    Charge satisfied #3
  33. 2012-05-17
    🔓
    Charge satisfied #2
  34. 2012-05-17
    🔓
    Charge satisfied #1
  35. 2011-12-19
    🔒
    Charge registered #9
    Lender: Clydesdale Bank PLC
  36. 2009-05-27
    🔒
    Charge registered #8
    Lender: Rbs Invoice Finance Limited
  37. 2007-10-23
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  38. 2007-04-20
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  39. 2007-04-16
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  40. 2007-04-16
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  41. 2002-10-01
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  42. 2002-09-23
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  43. 2002-08-08
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  44. 2001-08-08
    🏢
    Company incorporated
    As ALPHA 211 (UK) LIMITED
  45. 2001-08-08
    ➕
    BHARWANI, Manoj Gobindram appointed
    director
  46. 2001-08-08
    ➕
    BHARWANI, Jyoti appointed
    secretary
  47. 2001-08-08
    ➕
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  48. 2001-08-08
    ➖
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  49. 2001-08-08
    ➕
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  50. 2001-08-08
    ➖
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

M Squared London Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
M Squared London Limited
Corporate parent · holds 50-75% shares
majority
⬇
ALPHA 211 (UK) LIMITED
This company · 04266959

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
M Squared London Limited
Corporate entity
50–75%
75–100%75-100% shares · 75-100% voting06/04/2016
Mr Manoj Gobindram Bharwani
Individual · British · DOB 02/1965 · age 61
25–50%
—25-50% shares06/04/2016
3 historic (ceased) PSCs
  • M Squared London Limitedceased 01/08/2016· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
  • Mr Manoj Gobindram Bharwaniceased 01/08/2016· 50-75% shares
  • Ms Jyoti Bharwaniceased 01/08/2016· 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

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
Incorporated2001-08-08
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

The Courtyard
100 Villiers Road
Willesden Green
London
NW2 5PJ
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (1 active · 3 resigned)

BHARWANI, Manoj Gobindram→
director · ~61y · appointed 2001-08-08
View their other companies + combined net worth →
Active
BHARWANI, Jyoti→
secretary · appointed 2001-08-08 · resigned 2026-04-15
Resigned
TEMPLE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2001-08-08 · resigned 2001-08-08
Resigned
COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 2001-08-08 · resigned 2001-08-08
Resigned

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

Mortgages & charges

14
Total charges
3
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property12/06/2018—
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge—18/04/2018—
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property04/04/2018—
satisfied
Santander
Santander UK PLC as Security Trustee for Each Group Member
A registered charge1 property26/04/201304/05/2018
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property06/02/201327/03/2013
satisfied
Virgin Money
Clydesdale Bank PLC
Debenture1 property19/12/201110/05/2013
satisfied
NatWest Group
Rbs Invoice Finance Limited
Debenture1 property27/05/200917/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property23/10/200717/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge2 properties20/04/200717/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property16/04/200717/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property16/04/200717/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property01/10/200217/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property23/09/200217/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property08/08/200217/05/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-02