ALCHEMY FURNITURE LIMITED

💤Zombieactive

07054226 · ltd · incorporated 2009-10-22

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-544.7k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Manufacture of office and shop furniture

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -67% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (77/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 4 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

46 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £544,735

Cash draining

Cash down 67% YoY

Cash YoY

-67%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£12k

↓ 67% YoY

Net Worth

-£545k

↓ 32% YoY

Current Assets

£71k

↓ 64% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Total assets	£-3.9k	£119.9k
Current assets	£71.0k	£198.0k
Cash	£12.4k	£37.6k
Debtors	£13.2k	£128.5k
Net assets	£-544.7k	£-413.4k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 2 officers
• 1 accounts

Last 180 days

filings

• 2 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-03-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-28
➕
O'KEEFE, Jonathan Paul appointed
director
2026-02-28
➖
JAMES, Trevor Samuel resigned
director
2025-03-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-09
📄
change-account-reference-date-company-current-extended
accounts · AA01
2023-09-21
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-09-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-09-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-01-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-10-31
➖
BUTLER, Stephen Richard resigned
director
2017-10-23
📄
change-person-director-company-with-change-date
officers · CH01
2017-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-10-10
➕
JAMES, Trevor Samuel appointed
director
2017-10-02
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2009-12-08
➕
SINNETT, Stephen James appointed
secretary
2009-11-01
➕
BUTLER, Stephen Richard appointed
director
2009-11-01
➖
SINNETT, Stephen James resigned
director
2009-10-22
🏢
Company incorporated
As ALCHEMY FURNITURE LIMITED
2009-10-22
➕
SINNETT, Stephen James appointed
director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

65/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Jonathan Paul O'Keefe Individual · British · DOB 06/1962 · age 64	75–100%	—	75-100% shares	29/09/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · RG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AFS AVIATION LIMITED→ 08070176 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
AGL FENCE CONTRACTORS LTD→ 12694655 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AIR BIKE FORKS LIMITED→ 12564502 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AIRBORNE COMPOSITES LTD→ 03141381 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
AL'S COMPOSITES LTD→ 15805266 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALBRIGHT (ENGINEERS) LIMITED→ 00763629 · est 1963 · no financials extracted	—	—	—	—	62y	—	—
ALBRIGHT INTERNATIONAL LIMITED→ 01278761 · est 1976 · no financials extracted	—	—	—	—	49y	—	—
ALL SERVICES SOUTH LTD→ 15178836 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ALL STYLE BODIES LIMITED→ 03963038 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
ALL TAIL LIFTS LIMITED→ 10620663 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ALLARMED LIMITED→ 13867617 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ALLIANCE MOTORS & BODY REPAIRS LTD→ 08252814 · est 2012 · no financials extracted	—	—	—	—	13y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2009-10-22

Jurisdictionengland-wales

Primary SIC31010 — Manufacture of office and shop furniture

Registered office

61-63 Church Street Caversham

Berkshire

Reading

RG4 8AX

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-10-26

Last: 2025-10-12

Officers (2 active · 3 resigned)

SINNETT, Stephen James→

secretary · appointed 2009-12-08

View their other companies + combined net worth →

Active

O'KEEFE, Jonathan Paul→

director · ~64y · appointed 2026-02-28

View their other companies + combined net worth →

Active

BUTLER, Stephen Richard→

director · ~56y · appointed 2009-11-01 · resigned 2017-10-31

Resigned

JAMES, Trevor Samuel→

director · ~68y · appointed 2017-10-10 · resigned 2026-02-28

Resigned

SINNETT, Stephen James→

director · ~72y · appointed 2009-10-22 · resigned 2009-11-01

Resigned

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

Recent filings (46 total)

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2026-03-30

termination-director-company-with-name-termination-date

officers · TM01

2026-03-27

appoint-person-director-company-with-name-date

officers · AP01

2026-03-27