ALTERNO WEALTH LIMITED
💤Zombieactive
09454940 · ltd · incorporated 2015-02-24
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
£-252.4k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
ALSO REGISTERED FOR
- 66290Other activities auxiliary to insurance and pension funding
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 67/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 7.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 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
5 connected companies via shared directors
60
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £252,355
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
~ YoY
Net Worth
-£252k
~ YoY
Current Assets
£349k
~ 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 | £-108.6k | £-108.6k |
| Current assets | £349.3k | £349.3k |
| Cash | £6.3k | £6.3k |
| Debtors | £300.0k | £300.0k |
| Net assets | £-252.4k | £-252.4k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-03📄gazette-notice-compulsorygazette · GAZ1
- 2025-01-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-09-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-24🔓Charge satisfied #3
- 2024-03-25📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-09-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-06📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-08-29📄gazette-notice-compulsorygazette · GAZ1
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-18📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2020-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-04🔓Charge satisfied #1
- 2020-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-20🔒Charge registered #3Lender: Bcrs Cief Limited
- 2019-09-09🔒Charge registered #2Lender: Art Share (Social Help Association for Reinvesting in Enterprise) Limited
- 2019-05-09🔒Charge registered #1Lender: Merchant Money Limited
- 2015-02-24🏢Company incorporatedAs ALTERNO WEALTH LIMITED
- 2015-02-24➕DEVANI, Chirag Bhailal appointeddirector
Owner dependency
80/100
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.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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 Chirag Bhailal Devani Individual · British · DOB 07/1985 · age 41 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2016 |
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 →Similar companies
Active · Financial services · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 245 HOLDINGS LIMITED→ 10776869 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 2U LIMITED→ 05571281 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABA PROPERTY INVESTMENT LTD→ 15185927 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADRIAN F BLOOMFIELD LIMITED→ 04513885 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AEROTYNE MORTGAGES LTD→ 16508005 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL-MUBARAKAH INVESTMENTS LTD→ 14643607 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AL-RAWI COMPANY LIMITED→ 16263815 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALFRED ROBERTS LIMITED→ 02729477 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| ALLSOPP KANABAR LIMITED→ 09113333 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALLY'S ANGELS LIMITED→ 14669732 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALMANAC VENTURES LIMITED→ 15685482 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMAN CAPITAL LTD→ 15256230 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2015-02-24
Jurisdictionengland-wales
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding
Registered office
32 Demontfort Street
Leicester
Leicestershire
LE1 7GD
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24
Officers (1 active · 0 resigned)
DEVANI, Chirag Bhailal→
Activedirector · ~41y · appointed 2015-02-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bcrs Cief Bcrs Cief Limited | A registered charge | — | 20/09/2019 | 24/07/2024 | |
| outstanding | Art Share (Social Help Association for Reinvesting in Enterprise) Art Share (Social Help Association for Reinvesting in Enterprise) Limited | A registered charge | — | 09/09/2019 | — | |
| satisfied | Merchant Money Merchant Money Limited | A registered charge | — | 09/05/2019 | 04/06/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-13
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-25
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-15
gazette-notice-compulsory
gazette · GAZ1
2024-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-24
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-17
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-18