ALBION DESIGN LIMITED

💤Zombieactive
08101487 · ltd · incorporated 2012-06-12
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 Jan 2025
Net worth
£-14.3k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 25110Manufacture of metal structures and parts of structures
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 85/100. 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 -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 10.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £14,301
Very low cash
Cash position: £23
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£23
↓ 100% YoY
Net Worth
-£14k
↓ 56% YoY
Current Assets
£7k
↓ 73% YoY
Current Liabilities
-£14k-£6k£2k£10k£18k£26kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£-11.0k£4.2k
Current assets£7.0k£26.1k
Cash£23£5.5k
Debtors£7.0k£20.6k
Net assets£-14.3k£-9.2k

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
0
filings
Last 90 days
5
filings
  • 3 persons-with-significant-control
  • 1 officers
  • 1 confirmation-statement
Last 180 days
5
filings
  • 3 persons-with-significant-control
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-05-18
    PLEDGER, Shaun Robert resigned
    director
  2. 2026-05-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-10-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-08-26
    PAYNE, Ian Michael appointed
    director
  10. 2024-11-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2024-11-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-11-18
    KIRTLAND, Laurie Stephen resigned
    director
  14. 2024-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2024-07-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2024-03-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-03-07
    PLEDGER, Shaun Robert appointed
    director
  18. 2023-12-20
    HUGHES, Alan John resigned
    director
  19. 2023-12-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2023-07-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2023-07-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-07-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  24. 2023-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  25. 2023-05-05
    KIRTLAND, Laurie Stephen appointed
    director
  26. 2016-02-18
    🔓
    Charge satisfied #1
  27. 2015-11-30
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  28. 2013-12-09
    WILLETT, Andrew John resigned
    director
  29. 2012-06-12
    🏢
    Company incorporated
    As ALBION DESIGN LIMITED
  30. 2012-06-12
    HUGHES, Alan John appointed
    director
  31. 2012-06-12
    WILLETT, Andrew John 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 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Laurie Stephen Kirtland
Individual · British · DOB 08/1959 · age 67
75100%
75-100% shares13/05/2026
4 historic (ceased) PSCs
  • Alloy Fabweld Ltdceased 13/05/2026· 25-50% shares · 25-50% voting
  • Mr Shaun Robert Pledgerceased 13/05/2026· 25-50% shares · 25-50% voting
  • Mr Laurie Stephen Kirtlandceased 18/11/2024· 25-50% shares · 25-50% voting
  • Mr Alan John Hughesceased 20/12/2023· 25-50% shares · 25-50% voting

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
Incorporated2012-06-12
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Rae House
Dane Street
Bishop's Stortford
Hertfordshire
CM23 3BT
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-05-29
Last: 2026-05-15

Officers (1 active · 4 resigned)

PAYNE, Ian Michael
director · ~59y · appointed 2025-08-26
View their other companies + combined net worth →
Active
HUGHES, Alan John
director · ~66y · appointed 2012-06-12 · resigned 2023-12-20
Resigned
KIRTLAND, Laurie Stephen
director · ~67y · appointed 2023-05-05 · resigned 2024-11-18
Resigned
PLEDGER, Shaun Robert
director · ~59y · appointed 2024-03-07 · resigned 2026-05-18
Resigned
WILLETT, Andrew John
director · ~55y · appointed 2012-06-12 · resigned 2013-12-09
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property30/11/201518/02/2016

Recent filings (58 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-06
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-22
termination-director-company-with-name-termination-date
officers · TM01
2024-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-05