ALPHA CHASE ENGINEERING SERVICES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 77/100 (strong), bankability 67/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 17.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 17.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £524.7k | £406.1k |
| Current assets | £1.04M | £757.4k |
| Cash | £65.9k | £25.8k |
| Debtors | £940.9k | £573.6k |
| Net assets | £502.4k | £368.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (36 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-24➖CLARK, John resignedsecretary
- 2021-09-24➖CLARK, John resigneddirector
- 2021-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-09➕REYNOLDS, Jodie Alan appointeddirector
- 2021-02-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-26🔓Charge satisfied #3
- 2016-12-12🔒Charge registered #4Lender: Lloyds Bank Commercial Finance LTD
- 2014-12-15🔒Charge registered #3Lender: Ultimate Invoice Finance LTD
- 2011-11-08🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2008-08-26🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2005-01-04➕CLARK, John appointedsecretary
- 2005-01-04➖ONSLOW, Kerry Elvina resignedsecretary
- 2005-01-04➕CLARK, John appointeddirector
- 2004-11-10🏢Company incorporatedAs ALPHA CHASE ENGINEERING SERVICES LIMITED
- 2004-11-10➕CHASE, Jason Alpha appointeddirector
- 2004-11-10➕ONSLOW, Kerry Elvina appointedsecretary
- 2004-11-10➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2004-11-10➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-11-10➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2004-11-10➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 "CHASE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Jason Alpha Chase Individual · British · DOB 10/1969 · age 57 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 10/11/2016 |
Mr Jodie Alan Reynolds Individual · British · DOB 06/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 24/09/2021 |
1 historic (ceased) PSC
- John Clarkceased 24/09/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A B CREATIVE DESIGNS LTD→ 08585817 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A.C.BACON ENGINEERING LIMITED→ 00711612 · est 1961 · no financials extracted | — | — | — | — | 64y | — | — |
| A.O.T ENGINEERING HOLDINGS LTD→ 11197977 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTION FOR SWIFTS TRADING LTD→ 13945985 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADG OILFIELD SERVICES LIMITED→ 09222482 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AIRGUNMOUNTS LTD→ 15459197 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJ BUILDING CONTRACTORS LTD→ 17124367 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALATE LTD→ 17122217 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALLMECH SERVICES LTD→ 10529989 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALPHA SHEETMETAL & DUCTWORK SERVICES LIMITED→ 03796507 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ALPINE FABRICATION SERVICES LIMITED→ 04905966 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALTERE STUDIOS LIMITED→ 15395521 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 12/12/2016 | — | |
| satisfied | Ultimate Invoice Finance Ultimate Invoice Finance LTD | A registered charge | — | 15/12/2014 | 26/01/2017 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 08/11/2011 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 26/08/2008 | — |