ALMAR CONSTRUCTION LTD

💤Zombieactive
09410260 · ltd · incorporated 2015-01-28
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
£166.9k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).

🏦

Refinance opportunity

11 live charges · 4 lenders · oldest 9.6y

15/100
under pressure

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

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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

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
11 charges (11/11 with lender, 11/11 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
9 connected companies via shared directors
72
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
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 £166,854

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£167k
↑ 12% YoY
Current Assets
£992k
↓ 44% YoY
Current Liabilities
—
£0£354k£707k£1.1m£1.4m£1.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£168.5k£168.6k
Current assets£992.3k£1.77M
Net assets£166.9k£148.9k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-01-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-01-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-01-11
    🔒
    Charge registered #11
    Lender: Pmj Capital Limited
  8. 2024-01-11
    🔒
    Charge registered #10
    Lender: Pmj Capital Limited
  9. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-01
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  11. 2022-03-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  12. 2022-03-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  13. 2022-03-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  14. 2021-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-10-27
    🔒
    Charge registered #9
    Lender: Pmj Capital Limited
  18. 2021-10-27
    🔒
    Charge registered #8
    Lender: Pmj Capital Limited
  19. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2020-03-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2020-03-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2020-03-16
    🔓
    Charge satisfied #6
  23. 2020-03-16
    🔓
    Charge satisfied #5
  24. 2020-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2018-10-25
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  26. 2018-04-03
    🔓
    Charge satisfied #4
  27. 2018-04-03
    🔓
    Charge satisfied #3
  28. 2018-04-03
    🔓
    Charge satisfied #2
  29. 2018-04-03
    🔓
    Charge satisfied #1
  30. 2017-11-10
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  31. 2017-11-10
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  32. 2016-12-09
    🔒
    Charge registered #4
    Lender: Lancashire Mortgage Corporation Limited
  33. 2016-12-09
    🔒
    Charge registered #3
    Lender: Lancashire Mortgage Corporation Limited
  34. 2016-12-09
    🔒
    Charge registered #2
    Lender: Lancashire Mortgage Corporation Limited
  35. 2016-12-09
    🔒
    Charge registered #1
    Lender: Lancashire Mortgage Corporation Limited
  36. 2015-01-28
    🏢
    Company incorporated
    As ALMAR CONSTRUCTION LTD
  37. 2015-01-28
    ➕
    OULTON, Stephen Robert appointed
    director

Owner dependency

88/100
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 61 — 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

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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

1 med · 1 low
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.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Robert Oulton
Individual · British · DOB 05/1965 · age 61
75–100%
—75-100% shares06/04/2016

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2015-01-28
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Unit 3 Marlowe Court
Whitchurch Business Park
Whitchurch
Shropshire
SY13 1QR
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28

Officers (1 active · 0 resigned)

OULTON, Stephen Robert→
director · ~61y · appointed 2015-01-28
View their other companies + combined net worth →
Active

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

Mortgages & charges

11
Total charges
5
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Pmj Capital
Pmj Capital Limited
A registered charge1 property11/01/2024—
outstanding
Pmj Capital
Pmj Capital Limited
A registered charge1 property11/01/2024—
outstanding
Pmj Capital
Pmj Capital Limited
A registered charge1 property27/10/2021—
outstanding
Pmj Capital
Pmj Capital Limited
A registered charge1 property27/10/2021—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—25/10/2018—
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/11/201716/03/2020
satisfied
Together Money
Together Commercial Finance Limited
A registered charge1 property10/11/201716/03/2020
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge1 property09/12/201603/04/2018
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge1 property09/12/201603/04/2018
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge1 property09/12/201603/04/2018
satisfied
Lancashire Mortgage Corporation
Lancashire Mortgage Corporation Limited
A registered charge1 property09/12/201603/04/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-04-01
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-03-31
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-03-31
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-03-31