ALTHAMS FINE FOODS LTD
🌳Matureactive
09801268 · ltd · incorporated 2015-09-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 9.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 9.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
38 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 29 | 3100 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-08📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-02-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-06🔒Charge registered #2Lender: National Westminster Bank PLC
- 2020-02-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-02-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2018-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2016-08-25🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2015-09-30🏢Company incorporatedAs ALTHAMS FINE FOODS LTD
- 2015-09-30➕ALTHAM, James Carr appointeddirector
- 2015-09-30➕ALTHAM, Richard Charles appointeddirector
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "ALTHAM" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
41/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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.)
Group structure
Althams Food Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Althams Food Group Limited
Corporate parent · holds 75-100% shares
⬇
ALTHAMS FINE FOODS LTD
This company · 09801268
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Althams Food Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/11/2019 |
2 historic (ceased) PSCs
- Mr James Carr Althamceased 01/11/2019· 25-50% shares · 25-50% voting
- Mr Richard Charles Althamceased 01/11/2019· 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 →Similar companies
Active · Food & drink · LA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALTHAMS CATERING BUTCHERS LIMITED→ 03731546 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| AMRAP FITNESS MEALS LTD→ 12270387 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARDENT LM LTD→ 16838385 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AVID BREWING CO. LTD→ 09750603 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BECKSTONES BREWERY LIMITED→ 09456076 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BILTONG BUDDY LTD→ 16598480 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIO FEED LIMITED→ 12858594 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BRANDRETH FOODS LTD→ 12395957 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BRITTONS MEADERY LTD→ 14351576 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BROUGHTON FOODS LIMITED→ 15897712 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BUMBLEDORE LTD→ 16527101 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| C-PASTE LIMITED→ 12409922 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2015-09-30
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes
Registered office
Mrs Jc Altham & Sons (Morecambe) Ltd Northgate
White Lund Industrial Estate
Morecambe
Lancashire
LA3 3AY
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (2 active · 0 resigned)
ALTHAM, James Carr→
Activedirector · ~52y · appointed 2015-09-30
View their other companies + combined net worth →
ALTHAM, Richard Charles→
Activedirector · ~49y · appointed 2015-09-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 06/07/2020 | — | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 25/08/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
change-sail-address-company-with-old-address-new-address
address · AD02
2024-10-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-07-09