ALGLAS LIMITED
💤Zombieactive
12285873 · ltd · incorporated 2019-10-28
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 Oct 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 86-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-18➖O'NIONS, Alan Leonard resigneddirector
- 2026-02-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-01-01➕O'NIONS, Kathryn Hilary appointedsecretary
- 2021-07-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-06➖MYRANTS, George resignedsecretary
- 2019-11-05➖MYRANTS, George, Mr. resigneddirector
- 2019-11-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-05📄capital-allotment-sharescapital · SH01
- 2019-10-29➕O'NIONS, Kathryn Hilary appointeddirector
- 2019-10-29➕O'NIONS, Alan Leonard appointeddirector
- 2019-10-28🏢Company incorporatedAs ALGLAS LIMITED
- 2019-10-28➕MYRANTS, George appointedsecretary
- 2019-10-28➕MYRANTS, George, Mr. appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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 86 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 86 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
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 Hilary Kathryn O'Nions Individual · British · DOB 04/1940 · age 86 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/01/2020 |
Mr Alan Leonard O'Nions Individual · British · DOB 11/1930 · age 96 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/01/2020 |
1 historic (ceased) PSC
- Mr. George Myrantsceased 05/11/2019· 75-100% shares · 75-100% voting · board control
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
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|---|---|---|---|---|---|---|---|
| 1305 LTD→ 15660177 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 4 ACTIONS LIMITED→ 10002742 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A & T ANIMATIONS LTD→ 12132242 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AASALES17 LTD→ 16197500 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABBEY BUSINESS MACHINES LIMITED→ 07323202 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACROWLINE LIMITED→ 02917486 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ANJOSA LTD→ 15228513 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AOREUN GROUP LIMITED→ 16982351 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APE TRADER LTD→ 14303591 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APE VODKA LTD→ 16976890 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARMOR MICRO LIMITED→ 08102554 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ARMOR SERVICES LIMITED→ 06370449 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2019-10-28
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750
Registered office
Hillview
Bakers Hill
Brixham
TQ5 0BS
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11
Officers (2 active · 3 resigned)
O'NIONS, Kathryn Hilary→
Activesecretary · appointed 2022-01-01
View their other companies + combined net worth →
O'NIONS, Kathryn Hilary→
Activedirector · ~86y · appointed 2019-10-29
View their other companies + combined net worth →
MYRANTS, George→
Resignedsecretary · appointed 2019-10-28 · resigned 2019-11-06
MYRANTS, George, Mr.→
Resigneddirector · ~98y · appointed 2019-10-28 · resigned 2019-11-05
O'NIONS, Alan Leonard→
Resigneddirector · ~96y · appointed 2019-10-29 · resigned 2026-02-18
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-dormant
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-dormant
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-dormant
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-31
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-28
accounts-with-accounts-type-dormant
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
appoint-person-secretary-company-with-name-date
officers · AP03
2022-01-11