ALPHASET LIMITED
💤Zombieactive
09352856 · ltd · incorporated 2014-12-12
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 2026
Net worth
£55.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 80/100. 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 11.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
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
29 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 · FRS 105 (micro)Positive net assets
Net assets £55,150
Net assets shrinking
Down £5,102 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£55k
↓ 8.5% YoY
Current Assets
£69k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Total assets | £55.1k | £60.3k |
| Current assets | £68.7k | £85.4k |
| Net assets | £55.1k | £60.3k |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-05-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-27📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2016-01-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-06🔒Charge registered #1Lender: Alphaset Digital Limited
- 2014-12-12🏢Company incorporatedAs ALPHASET LIMITED
- 2014-12-12➕LESTER, Gary Frederick appointeddirector
Owner dependency
88/100
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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 Gary Frederick Lester Individual · British · DOB 01/1963 · age 63 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ALDE INTERNATIONAL (UK) LIMITED→ 06740612 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ALFA DETAILING LTD→ 14514853 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALL LEVEL LIFTS LIMITED→ 14597165 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLOM ARCHITECTURAL LIGHTING LTD→ 10140637 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALPHA PALLETS LIMITED→ 07906491 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ALPHA-CURE LIMITED→ 03191947 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ALS LIMITED→ 02833059 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ALTAMARIS FRONTIER LIMITED→ 16818595 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2014-12-12
Jurisdictionengland-wales
Primary SIC18129 — SIC 18129
Registered office
4 Pavillion Court 600 Pavillion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL
United Kingdom
Filing status
Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12
Officers (1 active · 0 resigned)
LESTER, Gary Frederick→
Activedirector · ~63y · appointed 2014-12-12
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Alphaset Digital Alphaset Digital Limited | A registered charge | — | 06/02/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-18