ALPAS PROPERTIES LTD

🌿Early-stageactive
14849290 · ltd · incorporated 2023-05-05
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
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Turnover
year to May 2025
Net worth
£813
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £813
Net assets shrinking
Down £4,875 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£813
↓ 86% YoY
Current Assets
£6k
↑ 564% YoY
Current Liabilities
£0£1k£2k£3k£5k£6kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£813£5.7k
Current assets£5.7k£864
Net assets£813£5.7k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-04-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-05-05
    🏢
    Company incorporated
    As ALPAS PROPERTIES LTD
  6. 2023-05-05
    CALLANAN, David Edward appointed
    director
  7. 2023-05-05
    CAMPBELL, Fiona Anne appointed
    director
  8. 2023-05-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-18

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Fiona Anne Campbell
Individual · British · DOB 01/1974 · age 52
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/05/2023
Mr David Edward Callanan
Individual · Irish · DOB 04/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/05/2023

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-05-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

18 York Place
Worcester
WR1 3DR
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-18OVERDUE
Last: 2025-05-04

Officers (2 active · 0 resigned)

CALLANAN, David Edward
director · ~53y · appointed 2023-05-05
View their other companies + combined net worth →
Active
CAMPBELL, Fiona Anne
director · ~52y · appointed 2023-05-05
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-22
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-16
gazette-notice-compulsory
gazette · GAZ1
2025-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
incorporation-company
incorporation · NEWINC
2023-05-05