ALCO KNITTING MACHINE SERVICES LIMITED
🌳Matureactive
04527069 · ltd · incorporated 2002-09-05
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 11.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£48.5k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 28940
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 11.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £48,540
Net assets shrinking
Down £5,482 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£49k
↓ 10% YoY
Current Assets
£153k
↑ 174% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £64.0k | £79.4k |
| Current assets | £152.7k | £55.7k |
| Net assets | £48.5k | £54.0k |
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 (32 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-14📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-04-17🔓Charge satisfied #1
- 2018-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-01-28🔒Charge registered #1Lender: Hsbc Bank PLC
- 2014-03-30➖CORAH, Paola resignedsecretary
- 2014-03-30➖CORAH, Alec Michael resigneddirector
- 2014-03-30➖CORAH, Paola resigneddirector
- 2009-10-06➕CORAH, Sally Victoria appointeddirector
- 2002-09-05🏢Company incorporatedAs ALCO KNITTING MACHINE SERVICES LIMITED
- 2002-09-05➕CORAH, John William appointeddirector
- 2002-09-05➕CORAH, Paola appointedsecretary
- 2002-09-05➕SAME-DAY COMPANY SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-09-05➖SAME-DAY COMPANY SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-09-05➕CORAH, Alec Michael appointeddirector
- 2002-09-05➕CORAH, Paola appointeddirector
- 2002-09-05➕WILDMAN & BATTELL LIMITED appointedcorporate-nominee-director
- 2002-09-05➖WILDMAN & BATTELL LIMITED resignedcorporate-nominee-director
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John William Corah Individual · British · DOB 08/1972 · age 54 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Sally Victoria Corah Individual · British · DOB 11/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 · Manufacturing · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADVANCED METALWORKS LIMITED→ 11355557 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED MOLECULAR DIAGNOSTICS LTD→ 10730627 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AERO FABRICATIONS LIMITED→ 02793994 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| AGA RANGEMASTER LIMITED→ 03872754 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AGBEKEARTISTRY LIMITED→ 16351116 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRWISE LTD→ 07887266 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AJD ELECTRICAL AND PAT TESTING SERVICES LTD→ 09930821 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AKERMAN AVIATION AND MARINE LTD→ 09722717 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALAN CROSS LIMITED→ 01741214 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| ALC JOINERY LIMITED→ 16096751 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALC SECURITY SYSTEMS LIMITED→ 05996253 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALEGRIA LTD→ 09433288 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2002-09-05
Jurisdictionengland-wales
Primary SIC28940 — SIC 28940
Registered office
Unit J2 Lowmoor Court
Lowmoor Business Park
Kirkby In Ashfield
Nottinghamshire
NG17 7DG
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05
Officers (2 active · 5 resigned)
CORAH, John William→
Activedirector · ~54y · appointed 2002-09-05
View their other companies + combined net worth →
CORAH, Sally Victoria→
Activedirector · ~55y · appointed 2009-10-06
View their other companies + combined net worth →
CORAH, Paola→
Resignedsecretary · appointed 2002-09-05 · resigned 2014-03-30
SAME-DAY COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-09-05 · resigned 2002-09-05
CORAH, Alec Michael→
Resigneddirector · ~92y · appointed 2002-09-05 · resigned 2014-03-30
CORAH, Paola→
Resigneddirector · ~85y · appointed 2002-09-05 · resigned 2014-03-30
WILDMAN & BATTELL LIMITED→
Resignedcorporate-nominee-director · appointed 2002-09-05 · resigned 2002-09-05
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 28/01/2015 | 17/04/2019 |
Recent filings (73 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
change-person-director-company-with-change-date
officers · CH01
2024-07-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-16
change-person-director-company-with-change-date
officers · CH01
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-04-14