ALMIT GROUP LIMITED

🌳Matureactive
06657985 · ltd · incorporated 2008-07-28
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 16.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Conservative operator with a 85-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 16.4y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 16.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £581,076

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£581.1k—
Average employees99—

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-12-14
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2023-11-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2023-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-09-21
    ➖
    MITCHELL, Irene resigned
    secretary
  7. 2023-09-21
    ➖
    MITCHELL, Irene resigned
    director
  8. 2022-12-16
    📄
    accounts-with-accounts-type-group
    accounts · AA
  9. 2022-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-08-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-08-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-12-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2021-03-25
    📄
    accounts-with-accounts-type-group
    accounts · AA
  16. 2019-12-20
    📄
    accounts-with-accounts-type-group
    accounts · AA
  17. 2019-01-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  18. 2017-10-10
    📄
    accounts-with-accounts-type-group
    accounts · AA
  19. 2010-02-03
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  20. 2008-07-29
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-director
  21. 2008-07-28
    🏢
    Company incorporated
    As ALMIT GROUP LIMITED
  22. 2008-07-28
    ➕
    MITCHELL, Allan, Dr appointed
    director
  23. 2008-07-28
    ➕
    MITCHELL, Allan David appointed
    director
  24. 2008-07-28
    ➕
    MITCHELL, Mark appointed
    director
  25. 2008-07-28
    ➕
    MITCHELL, Stephen appointed
    director
  26. 2008-07-28
    ➕
    MITCHELL, Irene appointed
    secretary
  27. 2008-07-28
    ➕
    MITCHELL, Irene appointed
    director
  28. 2008-07-28
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Allan David Mitchell
Individual · British · DOB 09/1970 · age 56
25–50%
25–50%25-50% shares · 25-50% voting28/07/2016
Mr Mark Mitchell
Individual · British · DOB 09/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting28/07/2016
Mr Stephen Mitchell
Individual · British · DOB 05/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting28/07/2016
2 historic (ceased) PSCs
  • Dr Allan Mitchellceased 16/08/2022· 25-50% shares
  • Mrs Irene Mitchellceased 16/08/2022· 25-50% shares

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 →

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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
Incorporated2008-07-28
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Faverdale
Faverdale Industrial Estate
Darlington
County Durham
DL3 0PP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28

Officers (4 active · 3 resigned)

MITCHELL, Allan, Dr→
director · ~85y · appointed 2008-07-28
View their other companies + combined net worth →
Active
MITCHELL, Allan David→
director · ~56y · appointed 2008-07-28
View their other companies + combined net worth →
Active
MITCHELL, Mark→
director · ~46y · appointed 2008-07-28
View their other companies + combined net worth →
Active
MITCHELL, Stephen→
director · ~52y · appointed 2008-07-28
View their other companies + combined net worth →
Active
MITCHELL, Irene→
secretary · appointed 2008-07-28 · resigned 2023-09-21
Resigned
MITCHELL, Irene→
director · ~85y · appointed 2008-07-28 · resigned 2023-09-21
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-director · appointed 2008-07-28 · resigned 2008-07-29
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Debenture1 property03/02/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

accounts-with-accounts-type-group
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-group
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-group
accounts · AA
2023-12-14
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-14
termination-director-company-with-name-termination-date
officers · TM01
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-group
accounts · AA
2022-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-28