ALGANESH LTD

🌱Startupactive
16128751 · ltd · incorporated 2024-12-10
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
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. 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: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-09
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-02-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-12-10
    🏢
    Company incorporated
    As ALGANESH LTD
  5. 2024-12-10
    GEBRETNSAI, Senait Tsige appointed
    secretary
  6. 2024-12-10
    RUSSOM, Yohannes appointed
    director
  7. 2024-12-10
    📄
    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.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

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: 2026-02-03: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Yohannes Russom
Individual · British · DOB 07/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control10/12/2024

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

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.

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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
Incorporated2024-12-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

46 Whessoe Road
Stockton-On-Tees
TS19 8LB
England

Filing status

Accounts
Next due: 2026-09-10
Last made up to:
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (2 active · 0 resigned)

GEBRETNSAI, Senait Tsige
secretary · appointed 2024-12-10
View their other companies + combined net worth →
Active
RUSSOM, Yohannes
director · ~44y · appointed 2024-12-10
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-19
dissolution-application-strike-off-company
dissolution · DS01
2026-05-09
certificate-change-of-name-company
change-of-name · CERTNM
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-09
incorporation-company
incorporation · NEWINC
2024-12-10