ALEX PALMER PLUMBING & HEATING LIMITED
💤Zombieactive
08446259 · ltd · incorporated 2013-03-15
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 Mar 2025
Net worth
£-10.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £10,788
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£11k
Current Assets
£18k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £784 | — |
| Current assets | £17.7k | — |
| Net assets | £-10.8k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
7
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-03-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-26📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-03-15🏢Company incorporatedAs ALEX PALMER PLUMBING & HEATING LIMITED
- 2013-03-15➕PALMER, Alexander appointeddirector
Owner dependency
95/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "PALMER" — strong identity link between founder and business.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Alexander Palmer Individual · British · DOB 11/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · LA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & M J MASON & SON LIMITED→ 06479303 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A G PROCTER LIMITED→ 05915556 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A.M. DIXON BUILDING SERVICES LIMITED→ 06639181 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A&L PLASTERING LTD→ 14756687 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AJSMITHSON SERVICES LTD→ 16601522 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AK FENCING LTD→ 09415116 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AK KITCHENS LTD→ 08156640 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AK MAINTENANCE LIMITED→ 04496739 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALAN HADWIN LTD→ 07890348 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALAN KELL PLUMBING & HEATING ENGINEERS LTD.→ 04700050 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFIE JOHNSON (GROUND WORKS) LIMITED→ 06036256 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALFIE ORDONEZ PLUMBING & HEATING LTD→ 06751935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2013-03-15
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
76 Church Street
Lancaster
Lancashire
LA1 1ET
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15
Officers (1 active · 0 resigned)
PALMER, Alexander→
Activedirector · ~38y · appointed 2013-03-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (40 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
change-person-director-company-with-change-date
officers · CH01
2026-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-25
change-person-director-company-with-change-date
officers · CH01
2026-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-29
change-person-director-company-with-change-date
officers · CH01
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-15