ALPHA PUBS LTD
🌳Matureactive
04446329 · ltd · incorporated 2002-05-23
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£7.7k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56302Public houses and bars
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 24.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 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
85
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 declaredPositive net assets
Net assets £7,728
Net assets shrinking
Down £12,184 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↓ 61% YoY
Current Assets
£22k
↓ 32% 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 | £16.4k | £49.7k |
| Current assets | £22.3k | £32.9k |
| Net assets | £7.7k | £19.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-05-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-03🔓Charge satisfied #3
- 2021-10-29🔒Charge registered #4Lender: Martin Peter Beard
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-21📄resolutionresolution · RESOLUTIONS
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-26📄capital-allotment-sharescapital · SH01
- 2019-04-26📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2019-04-26📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2019-04-26📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2018-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-08-15🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2016-07-30🔓Charge satisfied #2
- 2016-07-30🔓Charge satisfied #1
- 2002-07-10🔒Charge registered #2Lender: Hsbc Bank PLC
- 2002-06-13🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-05-23🏢Company incorporatedAs ALPHA PUBS LTD
- 2002-05-23➕GIBBS, Anne appointedsecretary
- 2002-05-23➕GIBBS, Anne appointeddirector
- 2002-05-23➕POWELL, Nicholas John appointeddirector
- 2002-05-23➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2002-05-23➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Anne Gibbs Individual · British · DOB 09/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Nicholas John Powell Individual · British · DOB 07/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABOVE TOWN TRADING LIMITED→ 08879925 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AFROAUTHENTIC FOODS LLP LTD→ 16087418 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AH PUBS LTD→ 13705477 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AJR HOSPITALITY LTD→ 07447021 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AKBULUT MOBILE CATERING LTD→ 14692512 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAN IRIS LTD→ 16596653 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBERO BRIXHAM LTD→ 10432851 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALISA PIZZA LTD→ 16560012 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALSOP'S KINGSBRIDGE LTD→ 16551299 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMARLIE FOODS LTD→ 12877190 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMBESSUE LTD→ 13553958 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMELA (SW) LTD→ 16305468 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2002-05-23
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants
Registered office
The Elizabethan Inn Luton
Chudleigh
Newton Abbot
Devon
TQ13 0BL
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20
Officers (3 active · 1 resigned)
Active
Active
POWELL, Nicholas John→
Activedirector · ~50y · appointed 2002-05-23
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-05-23 · resigned 2002-05-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Martin Peter Beard / Maureen Janet Erny | A registered charge | 1 property | 29/10/2021 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 15/08/2016 | 03/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 10/07/2002 | 30/07/2016 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 13/06/2002 | 30/07/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-08
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-29