ALVEARY LIMITED
🏛️Establishedactive
11943017 · ltd · incorporated 2019-04-12
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 6.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-22📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-24➖INGLIS, Hannah Louise resigneddirector
- 2022-03-24➖INGLIS, John William resigneddirector
- 2022-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-08🔒Charge registered #4Lender: Landbay Partners Limited
- 2022-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-27🔓Charge satisfied #2
- 2020-07-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-10🔒Charge registered #3Lender: Paragon Bank PLC
- 2020-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-25🔓Charge satisfied #1
- 2019-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-30🔒Charge registered #2Lender: Bridgeco Limited
- 2019-10-30🔒Charge registered #1Lender: Bridgeco Limited
- 2019-04-12🏢Company incorporatedAs ALVEARY LIMITED
- 2019-04-12➕MACLENNAN, Andrew John appointeddirector
- 2019-04-12➕MACLENNAN, Melissa Joanne appointeddirector
- 2019-04-12➕INGLIS, Hannah Louise appointeddirector
- 2019-04-12➕INGLIS, John William appointeddirector
- 2019-04-12📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Melissa Joanne Maclennan Individual · British · DOB 06/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/06/2022 |
Mr Andrew John Maclennan Individual · British · DOB 03/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/06/2022 |
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 · Property · HG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A R J PROPERTIES LIMITED→ 10016178 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A.MCBRIDE LTD→ 16247636 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AKDIXON PROPERTIES LTD→ 11937278 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALBANY HOUSE (HARROGATE) LIMITED→ 06354042 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALBERT ARTHUR PROPERTIES LTD→ 13493187 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALBERT HYMAS LIMITED→ 00594254 · est 1957 · no financials extracted | — | — | — | — | 68y | — | — |
| ALDERSON INVESTCO PROPERTIES LIMITED→ 13223664 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLERTON CASTLE LIMITED→ 12731109 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLITHORN LIMITED→ 13273000 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALS GLOBAL REAL ESTATE LIMITED→ 16794006 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALTAMIRA MANAGEMENT LIMITED→ 06585956 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ALVICO LIMITED→ 16534105 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-04-12
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
57 Leadhall Lane
Harrogate
North Yorkshire
HG2 9NJ
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30
Officers (2 active · 2 resigned)
MACLENNAN, Andrew John→
Activedirector · ~59y · appointed 2019-04-12
View their other companies + combined net worth →
MACLENNAN, Melissa Joanne→
Activedirector · ~54y · appointed 2019-04-12
View their other companies + combined net worth →
INGLIS, Hannah Louise→
Resigneddirector · ~48y · appointed 2019-04-12 · resigned 2022-03-24
INGLIS, John William→
Resigneddirector · ~47y · appointed 2019-04-12 · resigned 2022-03-24
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Landbay Landbay Partners Limited | A registered charge | 1 property | 08/02/2022 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 10/07/2020 | — | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 30/10/2019 | 27/07/2020 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 30/10/2019 | 25/03/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-22
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2022-06-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-22
termination-director-company-with-name-termination-date
officers · TM01
2022-03-31
termination-director-company-with-name-termination-date
officers · TM01
2022-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-05