ALVEA

💤Zombieactive
12669023 · private-unlimited · incorporated 2020-06-13
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does

Likely operating as an investment trust or holding vehicle, ALVEA probably manages a portfolio of financial assets or investments on behalf of shareholders, with day-to-day activity focused on portfolio oversight, compliance, and administrative maintenance rather than active trading.

Primary activity: Activities of investment trusts
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.5y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.5 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-08-18
    📍
    change-sail-address-company-with-new-address
    address · AD02
  5. 2021-11-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2021-11-18
    🔒
    Charge registered #1
    Lender: J.P. Morgan Bank Luxembourg S.A. as Security Agent
  7. 2020-06-13
    🏢
    Company incorporated
    As ALVEA
  8. 2020-06-13
    FRAGOMENI, Ernesto appointed
    director
  9. 2020-06-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ernesto Fragomeni
Individual · Italian · DOB 12/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/06/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeprivate-unlimited
Incorporated2020-06-13
Jurisdictionengland-wales
Primary SIC64301 — Activities of investment trusts

Registered office

1 St. James Court
Whitefriars
Norwich
Norfolk
NR3 1RU
United Kingdom

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12

Officers (1 active · 0 resigned)

FRAGOMENI, Ernesto
director · ~57y · appointed 2020-06-13
View their other companies + combined net worth →
Active

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
J.P. Morgan Bank Luxembourg S.A. as Security Agent
A registered charge18/11/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2025-10-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
change-sail-address-company-with-new-address
address · AD02
2023-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
incorporation-company
incorporation · NEWINC
2020-06-13