ALTERNATIVE BRIDGING (UK 2) LIMITED

🌳Matureactive
10112558 · ltd · incorporated 2016-04-08
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.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£-807.8k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · oldest 9.8y

45/100
under pressure

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

  • · Oldest live charge is 9.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 102
Negative net assets
Liabilities exceed assets by £807,814
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 99% YoY
Net Worth
-£808k
↓ 78% YoY
Current Assets
£1.3m
↓ 13% YoY
Current Liabilities
-£808k-£358k£92k£542k£992k£1.4mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Total assets£-807.8k£-452.7k
Current assets£1.25M£1.44M
Cash£1.3k£157.0k
Debtors£1.25M£1.28M
Net assets£-807.8k£-452.7k

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-05-14
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  3. 2024-06-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-05-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-09-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2022-09-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-08-05
    SIVASUBRAMANIAN, Laxmi appointed
    secretary
  8. 2022-08-05
    PIPER, Robert Jeffrey resigned
    secretary
  9. 2022-04-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2021-04-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2020-09-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2020-09-01
    KAY, Allan Howard appointed
    director
  13. 2020-06-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2019-03-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2018-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-10-01
    🔒
    Charge registered #2
    Lender: Onesavings Bank PLC
  17. 2018-02-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2017-06-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2016-11-08
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  20. 2016-07-25
    🔒
    Charge registered #1
    Lender: Onesavings Bank PLC
  21. 2016-04-08
    🏢
    Company incorporated
    As ALTERNATIVE BRIDGING (UK 2) LIMITED
  22. 2016-04-08
    MELLER, Stephen Daniel appointed
    director
  23. 2016-04-08
    RUBINS, Brian Leslie appointed
    director
  24. 2016-04-08
    RUBINS, Jonathan appointed
    director
  25. 2016-04-08
    PIPER, Robert Jeffrey appointed
    secretary

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Alternative Bridging Corporation Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Alternative Bridging Corporation Limited
Corporate parent · holds 75-100% shares
ultimate parent
ALTERNATIVE BRIDGING (UK 2) LIMITED
This company · 10112558

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%
NameSharesVoting rightsNature of controlNotified
Alternative Bridging Corporation Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting08/04/2016

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

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
Incorporated2016-04-08
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

2 Imperial Place
Maxwell Road
Borehamwood
Hertfordshire
WD6 1JN
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07

Officers (5 active · 1 resigned)

SIVASUBRAMANIAN, Laxmi
secretary · appointed 2022-08-05
View their other companies + combined net worth →
Active
KAY, Allan Howard
director · ~63y · appointed 2020-09-01
View their other companies + combined net worth →
Active
MELLER, Stephen Daniel
director · ~59y · appointed 2016-04-08
View their other companies + combined net worth →
Active
RUBINS, Brian Leslie
director · ~87y · appointed 2016-04-08
View their other companies + combined net worth →
Active
RUBINS, Jonathan
director · ~59y · appointed 2016-04-08
View their other companies + combined net worth →
Active
PIPER, Robert Jeffrey
secretary · appointed 2016-04-08 · resigned 2022-08-05
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge01/10/2018
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge25/07/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-25
accounts-with-accounts-type-medium
accounts · AA
2025-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-full
accounts · AA
2024-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-full
accounts · AA
2023-05-10
appoint-person-secretary-company-with-name-date
officers · AP03
2022-09-01
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-full
accounts · AA
2022-04-21
accounts-with-accounts-type-full
accounts · AA
2021-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-22
appoint-person-director-company-with-name-date
officers · AP01
2020-09-21