ALPHA ELECTRONICS MANUFACTURING LIMITED

🌳Matureactive
04708386 · ltd · incorporated 2003-03-23
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-60.1k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 21.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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, 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
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £60,093
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£19k
↑ 13% YoY
Net Worth
-£60k
↓ 156% YoY
Current Assets
£233k
↑ 22% YoY
Current Liabilities
—
-£60k-£2k£57k£116k£174k£233kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-54.8k£-7.1k
Current assets£232.6k£190.6k
Cash£18.7k£16.5k
Debtors£186.8k£145.1k
Net assets£-60.1k£-23.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-05-19
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2021-05-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-05-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-05-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-09
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  16. 2020-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2020-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2020-03-11
    ➕
    HORNBY, Timothy Albert appointed
    director
  20. 2020-03-11
    ➕
    VON MITZINGER, Gordon appointed
    director
  21. 2020-03-11
    ➖
    WELLINGTON, Steven Roy resigned
    secretary
  22. 2020-03-11
    ➖
    DIBOSSIAN, Alex Chahe resigned
    director
  23. 2020-03-11
    ➖
    WELLINGTON, Steven Roy resigned
    director
  24. 2020-03-11
    🔒
    Charge registered #3
    Lender: Alex Chahe Dibossian
  25. 2019-12-19
    🔓
    Charge satisfied #2
  26. 2019-12-11
    🔓
    Charge satisfied #1
  27. 2011-05-26
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  28. 2011-03-01
    ➖
    THORNILEY, Brian Robert resigned
    director
  29. 2011-02-28
    ➖
    THORNILEY, Lorraine Ellen resigned
    secretary
  30. 2011-02-28
    ➕
    WELLINGTON, Steven Roy appointed
    secretary
  31. 2011-02-28
    ➕
    DIBOSSIAN, Alex Chahe appointed
    director
  32. 2011-02-28
    ➖
    THORNILEY, Lorraine Ellen resigned
    director
  33. 2011-02-28
    ➕
    WELLINGTON, Steven Roy appointed
    director
  34. 2004-10-05
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  35. 2004-07-15
    ➕
    THORNILEY, Lorraine Ellen appointed
    director
  36. 2003-03-23
    🏢
    Company incorporated
    As ALPHA ELECTRONICS MANUFACTURING LIMITED
  37. 2003-03-23
    ➕
    THORNILEY, Lorraine Ellen appointed
    secretary
  38. 2003-03-23
    ➕
    CHETTLEBURGHS SECRETARIAL LTD appointed
    corporate-nominee-secretary
  39. 2003-03-23
    ➖
    CHETTLEBURGHS SECRETARIAL LTD resigned
    corporate-nominee-secretary
  40. 2003-03-23
    ➕
    THORNILEY, Brian Robert appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Gtr Transmission & Protection Solutions Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gtr Transmission & Protection Solutions Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ALPHA ELECTRONICS MANUFACTURING LIMITED
This company · 04708386

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
Gtr Transmission & Protection Solutions Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control04/03/2021
4 historic (ceased) PSCs
  • Mr Gordon Von Mitzingerceased 04/03/2021· 25-50% shares · 25-50% voting · board control
  • Mr Timothy Albert Hornbyceased 04/03/2021· 25-50% shares · 25-50% voting · board control
  • Mr Alex Chahe Dibossianceased 11/03/2020· 25-50% shares · 25-50% voting
  • Mr Steven Roy Wellingtonceased 11/03/2020· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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———————
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
Incorporated2003-03-23
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Unit 3 Fleetsbridge Business Park
Upton Road
Poole
BH17 7AF
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (2 active · 7 resigned)

HORNBY, Timothy Albert→
director · ~51y · appointed 2020-03-11
View their other companies + combined net worth →
Active
VON MITZINGER, Gordon→
director · ~50y · appointed 2020-03-11
View their other companies + combined net worth →
Active
THORNILEY, Lorraine Ellen→
secretary · appointed 2003-03-23 · resigned 2011-02-28
Resigned
WELLINGTON, Steven Roy→
secretary · appointed 2011-02-28 · resigned 2020-03-11
Resigned
CHETTLEBURGHS SECRETARIAL LTD→
corporate-nominee-secretary · appointed 2003-03-23 · resigned 2003-03-23
Resigned
DIBOSSIAN, Alex Chahe→
director · ~73y · appointed 2011-02-28 · resigned 2020-03-11
Resigned
THORNILEY, Brian Robert→
director · ~85y · appointed 2003-03-23 · resigned 2011-03-01
Resigned
THORNILEY, Lorraine Ellen→
director · ~83y · appointed 2004-07-15 · resigned 2011-02-28
Resigned
WELLINGTON, Steven Roy→
director · ~68y · appointed 2011-02-28 · resigned 2020-03-11
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Alex Chahe Dibossian / Deborah Ann Dibossian / Steven Roy Wellington / Carol Ann Wellington
A registered charge—11/03/2020—
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property26/05/201119/12/2019
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property05/10/200411/12/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-02
change-person-director-company-with-change-date
officers · CH01
2021-06-02
change-person-director-company-with-change-date
officers · CH01
2021-06-02