ALPHA CORP LTD

💤Zombieactive
14725642 · ltd · incorporated 2023-03-13
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. 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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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
1
filing
  • 1 change-of-name
Last 180 days
2
filings
  • 1 change-of-name
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-04-17
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-12-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-03-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-03-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-03-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-03-01
    RF SECRETARIES LIMITED resigned
    corporate-secretary
  9. 2023-06-01
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  10. 2023-05-30
    RF SECRETARIES LIMITED appointed
    corporate-secretary
  11. 2023-03-13
    🏢
    Company incorporated
    As ALPHA CORP LTD
  12. 2023-03-13
    PAPAZOW, Radoslaw appointed
    director
  13. 2023-03-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-04-17: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Radoslaw Papazow
Individual · British · DOB 10/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/03/2023

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-03-13
Jurisdictionengland-wales
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

63 Loveridge Road
London
NW6 2DR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (1 active · 1 resigned)

PAPAZOW, Radoslaw
director · ~42y · appointed 2023-03-13
View their other companies + combined net worth →
Active
RF SECRETARIES LIMITED
corporate-secretary · appointed 2023-05-30 · resigned 2024-03-01
Resigned

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

Recent filings (12 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
accounts-with-accounts-type-dormant
accounts · AA
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-dormant
accounts · AA
2024-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
change-person-director-company-with-change-date
officers · CH01
2024-03-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-19
termination-secretary-company-with-name-termination-date
officers · TM02
2024-03-12
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-06-01
incorporation-company
incorporation · NEWINC
2023-03-13