ALEX PEN LIMITED
🌳Matureactive
10207700 · ltd · incorporated 2016-05-31
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 May 2025
Net worth
£-7.7k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -98% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
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 102Negative net assets
Liabilities exceed assets by £7,661
Very low cash
Cash position: £89
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£89
↓ 98% YoY
Net Worth
-£8k
↓ 94% YoY
Current Assets
£109
↓ 99% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £-7.7k | £3.0k |
| Current assets | £109 | £13.2k |
| Cash | £89 | £4.6k |
| Debtors | £20 | £3.6k |
| Net assets | £-7.7k | £-3.9k |
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
- 2025-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-24📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-01📄mortgage-satisfy-charge-partmortgage · MR04
- 2022-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-30➕KOCA, Mustafa John appointeddirector
- 2021-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-27🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2019-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-31🏢Company incorporatedAs ALEX PEN LIMITED
- 2016-05-31➕KOCA, Karen Lizette appointeddirector
- 2016-05-31➕KOCA, Yahya appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Karen Lizette Koca Individual · British · DOB 05/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/10/2023 |
Mr Yahya Koca Individual · British · DOB 07/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/10/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A & T HOLIDAY SITES LTD→ 16047927 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A PIECE OF CAKE (GOGLEDD CYMRU) CYF→ 11169562 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A TASTE OF CORNWALL LIMITED→ 16306048 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A.P.K FAST FOOD LTD→ 15880618 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A&SP PROPERTY LIMITED→ 10940149 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALO EATERY LTD→ 16591927 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALP&LEY LIMITED→ 14487852 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMK INDIAN TAKEAWAY LTD→ 12429349 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANGLESEY HIDEAWAYS LTD→ 13162638 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANGLESEY LTD→ 10467953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANGLESEY MODEL VILLAGE LTD→ 10407728 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANKA HOTELS LIMITED→ 01305134 · est 1977 · no financials extracted | — | — | — | — | 49y | — | — |
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
Incorporated2016-05-31
Jurisdictionwales
Primary SIC56302 — Public houses and bars
Registered office
2 North View
High Street
Penmaenmawr
Conwy
LL34 6NG
Wales
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (3 active · 0 resigned)
KOCA, Karen Lizette→
Activedirector · ~58y · appointed 2016-05-31
View their other companies + combined net worth →
KOCA, Mustafa John→
Activedirector · ~23y · appointed 2021-11-30
View their other companies + combined net worth →
Active
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 | |||||
|---|---|---|---|---|---|---|
| part-satisfied | Barclays Barclays Security Trustee Limited | A registered charge | — | 27/09/2019 | — |
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
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-24
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-24
mortgage-satisfy-charge-part
mortgage · MR04
2023-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-01