ALTHAM LIMITED

🌳Matureactive
04636244 · ltd · incorporated 2003-01-14
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 Jan 2025
Net worth
£13.3k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Wholesale of textiles
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
58 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £13,311
Cash YoY
+69%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 69% YoY
Net Worth
£13k
↑ 20% YoY
Current Assets
£24k
↑ 12% YoY
Current Liabilities
—
£0£5k£9k£14k£19k£24kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£23.3k£21.1k
Current assets£23.7k£21.1k
Cash£6.4k£3.8k
Debtors£15.7k£15.7k
Net assets£13.3k£11.1k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-11-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2016-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-04-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2015-11-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2009-01-27
    ➖
    UHL, Joyce resigned
    director
  17. 2003-02-14
    ➕
    ALTHAM, Nigel Keith appointed
    director
  18. 2003-01-14
    🏢
    Company incorporated
    As ALTHAM LIMITED
  19. 2003-01-14
    ➕
    MANDER, Pamela appointed
    secretary
  20. 2003-01-14
    ➕
    MANDER, Pamela appointed
    director
  21. 2003-01-14
    ➕
    DMCS SECRETARIES LIMITED appointed
    corporate-secretary
  22. 2003-01-14
    ➖
    DMCS SECRETARIES LIMITED resigned
    corporate-secretary
  23. 2003-01-14
    ➕
    UHL, Joyce appointed
    director
  24. 2003-01-14
    ➕
    DMCS DIRECTORS LIMITED appointed
    corporate-director
  25. 2003-01-14
    ➖
    DMCS DIRECTORS LIMITED resigned
    corporate-director

Owner dependency

98/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "ALTHAM" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Nigel Keith Altham
Individual · British · DOB 12/1965 · age 61
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Pamela Mander
Individual · British · DOB 10/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Wholesale & distribution · SG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A1 STRAW SUPPLIES LIMITED→
08941447 · est 2014 · no financials extracted
————12y——
ADAM AND EVE DISTRIBUTION LTD→
10439971 · est 2016 · no financials extracted
————9y——
AF GEORGE LTD→
11953037 · est 2019 · no financials extracted
————6y——
AG HAND LTD→
16365360 · est 2025 · no financials extracted
————1y——
AGRI-GEM LIMITED→
08257545 · est 2012 · no financials extracted
————13y——
AIRCRAFT BROKERAGE LTD→
13354417 · est 2021 · no financials extracted
————4y——
ALASKA COMMODITIES LTD→
16592507 · est 2025 · no financials extracted
———————
ALLPLASTICS LIMITED→
01616922 · est 1982 · no financials extracted
————44y——
ALPHA DISTRIBUTOR LIMITED→
15520771 · est 2024 · no financials extracted
————2y——
ALPINE INDUSTRIAL SAFETY & TRAINING LTD→
06560786 · est 2008 · no financials extracted
————18y——
ALUMINIUM & MARINE FITTINGS LTD→
12783803 · est 2020 · no financials extracted
————5y——
AMATSA LIMITED→
16701727 · est 2025 · no financials extracted
———————
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
Incorporated2003-01-14
Jurisdictionengland-wales
Primary SIC46410 — Wholesale of textiles

Registered office

The Straw Barn Upton End Farm Business Park, Meppershall Road
Shillington
Hitchin
Hertfordshire
SG5 3PF

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (3 active · 3 resigned)

MANDER, Pamela→
secretary · appointed 2003-01-14
View their other companies + combined net worth →
Active
ALTHAM, Nigel Keith→
director · ~61y · appointed 2003-02-14
View their other companies + combined net worth →
Active
MANDER, Pamela→
director · ~66y · appointed 2003-01-14
View their other companies + combined net worth →
Active
DMCS SECRETARIES LIMITED→
corporate-secretary · appointed 2003-01-14 · resigned 2003-01-14
Resigned
UHL, Joyce→
director · ~82y · appointed 2003-01-14 · resigned 2009-01-27
Resigned
DMCS DIRECTORS LIMITED→
corporate-director · appointed 2003-01-14 · resigned 2003-01-14
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-13