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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒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
0
filings
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
Active · Wholesale & distribution · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EURO-GAS MANAGEMENT SERVICES LIMITED→ 00602329 · est 1958 · no financials extracted | — | — | — | — | 68y | — | — |
| FIRST INTERIORS BATHROOMS LTD→ 11884387 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FURNISH LTD→ 05555196 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| G.D.AGENCIES LIMITED→ 09527426 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| GIBBINS QUALITY MEATS LIMITED→ 13278395 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| GILLMORESPACE LIMITED→ 04088221 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| GREENFIELDS RECYCLING & SALVAGE LTD→ 13218945 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| GREENSTRAIGHT SCALLOPS LTD→ 13615655 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| H E PHILLIPS LIMITED→ 14853667 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| H.S. HIRE AND SALES LIMITED→ 02132250 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| HANDLE-IT LIMITED→ 04637039 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| HANDPICKED CIGAR COMPANY LTD→ 14796998 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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