A.L.S. DEVELOPMENTS LIMITED

🌳Matureactive
04722841 · ltd · incorporated 2003-04-03
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 3 lenders · oldest 21.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 21.5 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 (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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
71 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Average employees300300

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
2
filings
  • • 1 address
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 1 address
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-11
    🔒
    Charge registered #9
    Lender: Handelsbanken PLC
  8. 2024-12-11
    🔒
    Charge registered #8
    Lender: Handelsbanken PLC
  9. 2024-12-11
    🔒
    Charge registered #7
    Lender: Handelsbanken PLC
  10. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2023-03-28
    🔒
    Charge registered #6
    Lender: Handelsbanken PLC
  17. 2023-03-28
    🔒
    Charge registered #5
    Lender: Handelsbanken PLC
  18. 2023-03-28
    🔒
    Charge registered #4
    Lender: Handelsbanken PLC
  19. 2023-03-28
    🔒
    Charge registered #3
    Lender: Handelsbanken PLC
  20. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2022-04-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2022-04-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2022-04-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  24. 2021-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2020-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2020-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2020-12-16
    🔓
    Charge satisfied #2
  28. 2020-12-16
    🔓
    Charge satisfied #1
  29. 2018-05-01
    ➕
    FRAGAPANE, Alessandro appointed
    director
  30. 2004-12-03
    🔒
    Charge registered #2
    Lender: Aib Group (UK) P.L.C.
  31. 2004-12-03
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  32. 2003-04-03
    🏢
    Company incorporated
    As A.L.S. DEVELOPMENTS LIMITED
  33. 2003-04-03
    ➕
    FRAGAPANE, Giovanna appointed
    secretary
  34. 2003-04-03
    ➕
    FRAGAPANE, Giovanna appointed
    director
  35. 2003-04-03
    ➕
    FRAGAPANE, Salvatore appointed
    director
  36. 2003-04-03
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  37. 2003-04-03
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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

1 low
7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alessandro Fragapane
Individual · British · DOB 05/1997 · age 29
50–75%
50–75%board control50-75% shares · 50-75% voting · board control30/04/2021
2 historic (ceased) PSCs
  • Mrs Giovanna Fragapaneceased 30/04/2021· 25-50% shares · 25-50% voting
  • Mr Salvatore Fragapaneceased 30/04/2021· 25-50% shares · 25-50% voting

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 · Property · BS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
9 MIDLAND WAY MANAGEMENT LIMITED→
10480414 · est 2016 · no financials extracted
————9y——
90-96 EAST STREET MANAGEMENT COMPANY LIMITED→
14995177 · est 2023 · no financials extracted
————2y——
96 SHIREHAMPTON ROAD FREEHOLD COMPANY LIMITED→
15713654 · est 2024 · no financials extracted
————1y——
97 VICTORIA PARADE MANAGEMENT COMPANY LIMITED→
12601522 · est 2020 · no financials extracted
————5y——
99TR PROPERTY LIMITED→
13363456 · est 2021 · no financials extracted
————4y——
A366 LTD→
11251285 · est 2018 · no financials extracted
————8y——
A4 BIBA LIMITED→
16722411 · est 2025 · no financials extracted
———————
AA NEST HOME RENTAL LTD→
16311503 · est 2025 · no financials extracted
————1y——
AADHAV LIMITED→
16662081 · est 2025 · no financials extracted
———————
AAFAA LTD→
14206622 · est 2022 · no financials extracted
————3y——
AAKC LTD→
14933848 · est 2023 · no financials extracted
————2y——
AAR PROPERTIES BRISTOL LIMITED→
15152500 · est 2023 · no financials extracted
————2y——
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
Incorporated2003-04-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1 Stoke Lane
Westbury-On-Trym
Bristol
BS9 3DP
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03

Officers (4 active · 1 resigned)

FRAGAPANE, Giovanna→
secretary · appointed 2003-04-03
View their other companies + combined net worth →
Active
FRAGAPANE, Alessandro→
director · ~29y · appointed 2018-05-01
View their other companies + combined net worth →
Active
FRAGAPANE, Giovanna→
director · ~58y · appointed 2003-04-03
View their other companies + combined net worth →
Active
FRAGAPANE, Salvatore→
director · ~56y · appointed 2003-04-03
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2003-04-03 · resigned 2003-04-03
Resigned

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

Mortgages & charges

9
Total charges
7
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property11/12/2024—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property11/12/2024—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property11/12/2024—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/03/2023—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/03/2023—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/03/2023—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/03/2023—
satisfied
Aib Group (UK) P.L.C.
Mortgage debenture1 property03/12/200416/12/2020
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Legal mortgage2 properties03/12/200416/12/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-28