ALF HOMES LTD

💤Zombieactive
11551272 · ltd · incorporated 2018-09-04
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 May 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (72/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-302024-05-30
Average employees100100

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-19
    📄
    legacy
    capital · SH20
  3. 2025-06-17
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  4. 2025-06-17
    ⚠️
    legacy
    insolvency · CAP-SS
  5. 2025-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-10-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-09-03
    BUSHELL, Philip resigned
    secretary
  9. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-09-21
    📄
    capital-allotment-shares
    capital · SH01
  11. 2023-07-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2023-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-10-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-05-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2019-11-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2019-11-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2018-09-04
    🏢
    Company incorporated
    As ALF HOMES LTD
  21. 2018-09-04
    BUSHELL, Philip Louis appointed
    director
  22. 2018-09-04
    BUSHELL, Philip appointed
    secretary

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-06-17: legacy

🔒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

9 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
Incorporated2018-09-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Nationworld House
Noose Lane
Willenhall
WV13 3AP
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-30
Confirmation statement
Next due: 2026-09-17
Last: 2025-09-03

Officers (1 active · 1 resigned)

BUSHELL, Philip Louis
director · ~79y · appointed 2018-09-04
View their other companies + combined net worth →
Active
BUSHELL, Philip
secretary · appointed 2018-09-04 · resigned 2024-09-03
Resigned

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

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
legacy
capital · SH20
2025-06-19
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-06-17
legacy
insolvency · CAP-SS
2025-06-17
resolution
resolution · RESOLUTIONS
2025-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-21
capital-allotment-shares
capital · SH01
2023-09-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-10