ALFRA LIMITED

🌳Matureactive

SC260151 · ltd · incorporated 2003-12-02

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 16.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£3.2k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 49320

Sector: Transportation & storage

Investor take

Pursue

Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 16.9y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 16.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3,220

Net assets shrinking

Down £5,322 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3k

↓ 62% YoY

Current Assets

£151

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.9k	£2.4k
Current assets	£151	£151
Net assets	£3.2k	£8.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-12-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-06-11
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2003-12-02
🏢
Company incorporated
As ALFRA LIMITED
2003-12-02
➕
DICKSON, Frances Moira appointed
secretary
2003-12-02
➕
DICKSON, Alan appointed
director
2003-12-02
➕
DICKSON, Frances Moira appointed
director
2003-12-02
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-12-02
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Frances Moira Dickson Individual · British · DOB 05/1960 · age 66	50–75%	—	50-75% shares	15/05/2016

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.

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Similar companies

Active · Transport & logistics · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HARRY LAWSON LIMITED→ SC040439 · est 1964	£5.04M £3.78M–£6.29M	—	—	92	61y	83	83y
MOFFAT & WILLIAMSON LIMITED→ SC065227 · est 1978	£791.5k £593.7k–£989.4k	—	—	14500	47y	93	72y
ALAN DAVIE LIMITED→ SC209637 · est 2000	—	—	£1.82M	—	25y	82	85y
DAVID MURRAY TRANSPORT LIMITED→ SC181084 · est 1997	—	—	£262.9k	—	28y	82	60y
ELLIOT STORAGE LIMITED→ SC340055 · est 2008	—	—	—	300	18y	82	64y
NORMAN JAMIESON LIMITED→ SC233048 · est 2002	—	—	—	24	23y	82	59y
SCOVIP HOLDINGS LIMITED→ SC274103 · est 2004	—	—	£21.9k	—	21y	82	64y
CLASS 1 MARITIME LTD→ SC341360 · est 2008	—	—	—	400	18y	81	64y
SCOTBLUE LTD→ SC341608 · est 2008	—	—	£281.5k	—	18y	81	63y
TEECABS LTD→ SC825281 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TEES TAXIS LIMITED→ SC372235 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
TROPICAL TRANSFERS LTD→ SC844112 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Typeltd

Incorporated2003-12-02

Jurisdictionscotland

Primary SIC49320 — SIC 49320

Registered office

132 Ancrum Drive

Dundee

Angus

DD2 2JA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-06

Last: 2025-10-23

Officers (3 active · 1 resigned)

DICKSON, Frances Moira→

secretary · appointed 2003-12-02

View their other companies + combined net worth →

Active

DICKSON, Alan→

director · ~70y · appointed 2003-12-02

View their other companies + combined net worth →

Active

DICKSON, Frances Moira→

director · ~66y · appointed 2003-12-02

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2003-12-02 · resigned 2003-12-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Royal Bank of Scotland PLC	Floating charge	1 property	11/06/2009	—

Click column headers to sort. Use filters above to narrow by status and lender.