ALLERTON STEEL LIMITED

🌳Matureactive

06856483 · ltd · incorporated 2009-03-24

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£2.52M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 80). 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 (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 17.0y

35/100

too messy

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

· Oldest live charge is 17.0 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

7 officers (5 active, 7 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

7 connected companies via shared directors

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,523,885

Key financials

1 year extracted from filed iXBRL accounts

Cash

£917k

Net Worth

£2.5m

Current Assets

£3.7m

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30
Total assets	£2.85M
Current assets	£3.71M
Cash	£916.6k
Debtors	£2.62M
Net assets	£2.52M

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2025-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-10
🔒
Charge registered #7
Lender: Npif Ii-Debt Nw LP (Acting by Its General Partner) Fwc Npifii Debt Gp Limited Acting by Fw Capital Limited
2025-01-23
📄
change-account-reference-date-company-current-extended
accounts · AA01
2024-09-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-18
📄
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2022-10-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-18
🔓
Charge satisfied #2
2022-09-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-25
🔒
Charge registered #6
Lender: Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
2021-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-17
📄
accounts-with-accounts-type-small
accounts · AA
2019-09-17
📄
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2019-09-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-09-17
🔓
Charge satisfied #1
2019-08-12
➕
GATENBY, Mark Jonathon appointed
director
2019-08-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-08-13
📄
accounts-with-accounts-type-small
accounts · AA
2018-01-18
➕
GATENBY, Andrew Robert appointed
director
2018-01-18
➕
PENN, Giles Francis John, Mr. appointed
director
2016-11-08
🔓
Charge satisfied #5
2016-11-08
🔓
Charge satisfied #4
2016-11-08
🔓
Charge satisfied #3
2013-01-18
🔒
Charge registered #5
Lender: Barclays Bank PLC
2012-12-05
🔒
Charge registered #4
Lender: Barclays Bank PLC
2009-11-12
🔒
Charge registered #3
Lender: Barclays Bank PLC
2009-07-16
🔒
Charge registered #2
Lender: Barclays Bank PLC
2009-07-01
🔒
Charge registered #1
Lender: Herald Trustees Limited as Trustees of the John Gatenby Sub-Trust
2009-06-04
➕
PENN, Giles Francis John appointed
secretary
2009-05-22
➕
GATENBY, John appointed
director
2009-05-22
➖
CUERDEN, Simon Paul resigned
director
2009-05-22
➖
IMCO DIRECTOR LIMITED resigned
corporate-director
2009-03-24
🏢
Company incorporated
As ALLERTON STEEL LIMITED
2009-03-24
➕
CUERDEN, Simon Paul appointed
director
2009-03-24
➕
IMCO DIRECTOR LIMITED 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 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — 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 80 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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 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.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr John Gatenby Individual · British · DOB 05/1946 · age 80	—	—	sig. influencesignificant influence · trust interest	06/04/2016

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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AJ PLATES LTD→ 15995913 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
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ALLURE DEVCO1 LIMITED→ 14425064 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
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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

Incorporated2009-03-24

Jurisdictionengland-wales

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Allerton House

Thurston Road

Northallerton

DL6 2NA

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24