ALUSTAR LIMITED
🌳Matureactive
05480498 · ltd · incorporated 2005-06-14
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 Dec 2024
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: SIC 46120
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-09-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-12📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-07-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-07-01📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-07-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-06-30➖CHALU, Richard Terence resignedsecretary
- 2020-06-30➖CHALU, Richard Terence resigneddirector
- 2020-03-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-10➖CARMAN, Douglas John resigneddirector
- 2020-03-10➖CHALU, Elizabeth Helen resigneddirector
- 2019-02-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-08-23📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2009-01-30➕CHALU, John Leslie Robert appointeddirector
- 2009-01-30➕CARMAN, Douglas John appointeddirector
- 2009-01-30➕CHALU, Elizabeth Helen appointeddirector
- 2007-02-14➖CHALU, Terence resigneddirector
- 2005-06-14🏢Company incorporatedAs ALUSTAR LIMITED
- 2005-06-14➕CHESHEM-PANAM, Mohammed appointeddirector
- 2005-06-14➕CHALU, Richard Terence appointedsecretary
- 2005-06-14➕CHALU, Richard Terence appointeddirector
- 2005-06-14➕CHALU, Terence appointeddirector
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 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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.)
Group structure
Future Metal Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Future Metal Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ALUSTAR LIMITED
This company · 05480498
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Future Metal Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2020 |
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 · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANGLIA ALLOYS LTD→ 10723187 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ANGLIA TELEPHONES LTD→ 04587705 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ANGLIA WORKWEAR LIMITED→ 13781023 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AQM INTERNATIONAL LTD→ 06393962 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ARKETYPE RETAIL LTD→ 14800932 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARLIX LTD→ 16225329 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARROW GROUP GLOBAL LTD→ 09836261 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ASK NO MORE LTD→ 12073587 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AUGESCO INTERNATIONAL LIMITED→ 01584352 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| AURA & CO EAST ANGLIA LTD→ 16956606 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AURULUM ART LIMITED→ 13736378 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AUSTIN AUSTIN LIMITED→ 15118667 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2005-06-14
Jurisdictionengland-wales
Primary SIC46120 — SIC 46120
Registered office
C/O Barley Chalu Ltd
Ayton Road
Wymondham
Norfolk
NR18 0QH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-16
Last: 2026-06-02
Officers (2 active · 5 resigned)
CHALU, John Leslie Robert→
Activedirector · ~45y · appointed 2009-01-30
View their other companies + combined net worth →
CHESHEM-PANAM, Mohammed→
Activedirector · ~61y · appointed 2005-06-14
View their other companies + combined net worth →
CHALU, Richard Terence→
Resignedsecretary · appointed 2005-06-14 · resigned 2020-06-30
CARMAN, Douglas John→
Resigneddirector · ~72y · appointed 2009-01-30 · resigned 2020-03-10
CHALU, Elizabeth Helen→
Resigneddirector · ~59y · appointed 2009-01-30 · resigned 2020-03-10
CHALU, Richard Terence→
Resigneddirector · ~56y · appointed 2005-06-14 · resigned 2020-06-30
CHALU, Terence→
Resigneddirector · ~82y · appointed 2005-06-14 · resigned 2007-02-14
Click a director name to see their full track record across all companies.
Recent filings (60 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-19
accounts-with-accounts-type-dormant
accounts · AA
2025-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-dormant
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-dormant
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-09
accounts-with-accounts-type-dormant
accounts · AA
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-dormant
accounts · AA
2021-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-02
change-account-reference-date-company-previous-extended
accounts · AA01
2021-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-07-01
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-07-01
termination-director-company-with-name-termination-date
officers · TM01
2020-07-01