ALGORAY LIMITED
🌿Early-stageactive
15327534 · ltd · incorporated 2023-12-04
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
- · Hygiene score: 90 → 70
- · Opportunity score: 75 → 66
- · Bankability: 70 → 60
- · Distress / opportunity: avoid → attractive
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
- · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days
Picture worsened over the last 30 days — 3 negative signals vs 0 positive.
- ↓Opportunity score: 75 → 66
- ↓Hygiene score: 90 → 70
- ↓Bankability: 70 → 60
- ·Distress / opportunity: avoid → attractive
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 Dec 2024
Net worth
£3.1k
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 66/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).
Data confidence
Overall: medium (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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 declaredPositive net assets
Net assets £3,072
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£3k
Current Assets
£4k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £3.1k |
| Current assets | £4.5k |
| Net assets | £3.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-04➕SOLA, David Mark appointeddirector
- 2025-04-04➖ROELL, Alisa Alexandra resigneddirector
- 2025-04-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-07➖GOLUNSKI, Roman resigneddirector
- 2024-07-07➕ROELL, Alisa Alexandra appointeddirector
- 2024-07-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-07-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-04🏢Company incorporatedAs ALGORAY LIMITED
- 2023-12-04➕GOLUNSKI, Roman appointeddirector
- 2023-12-04📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
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 66 — succession pressure is live.
- +Young company: Only 2.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-07-21
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
David Mark Sola Individual · British · DOB 08/1960 · age 66 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/04/2025 |
2 historic (ceased) PSCs
- Alisa Alexandra Roellceased 04/04/2025· 75-100% shares · 75-100% voting · board control
- Roman Golunskiceased 07/07/2024· 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.
Similar companies
Active · Wholesale & distribution · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ATLANTIC FRESH LIMITED→ 05654335 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BLUEBERRY BOO LIMITED→ 12627499 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BOX TRADING UK LTD→ 12495244 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BRIGHT FUTURE CONSULTANT SERVICES LIMITED→ 15450800 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BULKHAUS LIMITED→ 17060068 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| C K BBQ LTD→ 15229233 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| C&J GROUP (LINCS) LIMITED→ 12444664 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CAKE TRADERS LTD→ 12174785 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CAMELIA FRAGRANCE LTD→ 16869899 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CARE GRAPHIC MACHINERY LIMITED→ 02060679 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| CARIAN LIMITED→ 16408396 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CASH REGISTERS (GRIMSBY) LIMITED→ 01365179 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2023-12-04
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
41a Windsor Road
Doncaster
DN2 5BS
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-21OVERDUE
Last: 2025-07-07
Officers (1 active · 2 resigned)
SOLA, David Mark→
Activedirector · ~66y · appointed 2025-04-04
View their other companies + combined net worth →
GOLUNSKI, Roman→
Resigneddirector · ~47y · appointed 2023-12-04 · resigned 2024-07-07
ROELL, Alisa Alexandra→
Resigneddirector · ~71y · appointed 2024-07-07 · resigned 2025-04-04
Click a director name to see their full track record across all companies.
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-04
termination-director-company-with-name-termination-date
officers · TM01
2025-04-04
appoint-person-director-company-with-name-date
officers · AP01
2025-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-07
appoint-person-director-company-with-name-date
officers · AP01
2024-07-07
termination-director-company-with-name-termination-date
officers · TM01
2024-07-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-07
incorporation-company
incorporation · NEWINC
2023-12-04