ALG SECURITY LTD

🏛️Establishedactive
10985644 · ltd · incorporated 2017-09-28
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 2025
Net worth
£-298
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Private security activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 1.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 £298
Net assets shrinking
Down £10,200 YoY
Cash YoY
+62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£35k
↑ 62% YoY
Net Worth
-£298
↓ 103% YoY
Current Assets
£125k
↑ 26% YoY
Current Liabilities
—
-£298£25k£50k£75k£100k£125kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£-298£9.9k
Current assets£125.1k£99.3k
Cash£34.8k£21.5k
Debtors£90.4k£77.8k
Net assets£-298£9.9k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-10-09
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  6. 2024-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-09
    ➕
    GAZE, Robert Leonard appointed
    director
  9. 2023-02-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-07-26
    ➕
    GAZE, Robert Leonard appointed
    secretary
  11. 2022-07-26
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2022-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-12-09
    ➖
    GAZE, Robert Leonard resigned
    director
  14. 2021-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2017-09-28
    🏢
    Company incorporated
    As ALG SECURITY LTD
  21. 2017-09-28
    ➕
    GAZE, Robert Henry appointed
    director
  22. 2017-09-28
    ➕
    GAZE, Robert Leonard appointed
    director
  23. 2017-09-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — GAZE, Robert Leonard (same surname) appointed 2023-02-09. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Robert Henry Gaze
Individual · British · DOB 11/1956 · age 70
25–50%
—25-50% shares28/09/2017
Mr Robert Leonard Gaze
Individual · British · DOB 02/1984 · age 42
25–50%
—25-50% shares28/09/2017

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
Incorporated2017-09-28
Jurisdictionwales
Primary SIC80100 — Private security activities

Registered office

Raymond Court
Princes Drive
Colwyn Bay
Conwy
LL29 8HT
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (3 active · 1 resigned)

GAZE, Robert Leonard→
secretary · appointed 2022-07-26
View their other companies + combined net worth →
Active
GAZE, Robert Leonard→
director · ~42y · appointed 2023-02-09
View their other companies + combined net worth →
Active
GAZE, Robert Henry→
director · ~70y · appointed 2017-09-28
View their other companies + combined net worth →
Active
GAZE, Robert Leonard→
director · ~42y · appointed 2017-09-28 · resigned 2021-12-09
Resigned

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
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—09/10/2024—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (24 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
appoint-person-director-company-with-name-date
officers · AP01
2023-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
appoint-person-secretary-company-with-name-date
officers · AP03
2022-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-27
termination-director-company-with-name-termination-date
officers · TM01
2021-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25