ALCORE CONSTRUCTION NORTH EAST LIMITED

💤Zombieactive
SC506611 · ltd · incorporated 2015-05-22
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 Oct 2024
Net worth
£55.2k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. 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 (82/100)

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

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £55,175
Cash YoY
+7516%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↑ 7516% YoY
Net Worth
£55k
↑ 1.1% YoY
Current Assets
£824k
↑ 11% YoY
Current Liabilities
£0£165k£330k£495k£660k£824kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£299.5k£599.6k
Current assets£824.5k£743.8k
Cash£24.5k£322
Debtors£709.0k£682.0k
Net assets£55.2k£54.6k

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-04-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-04-10
    KEANE, Robert resigned
    director
  8. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2017-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2016-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-01
    KEANE, Robin Augustine appointed
    director
  17. 2015-05-22
    🏢
    Company incorporated
    As ALCORE CONSTRUCTION NORTH EAST LIMITED
  18. 2015-05-22
    KEANE, Robert appointed
    director

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

50/100
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.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robin Augustine Keane
Individual · Irish · DOB 02/1980 · age 46
75100%
75-100% shares10/04/2023
1 historic (ceased) PSC
  • Mr Robert Keaneceased 10/04/2023· 75-100% shares

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-05-22
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

19 Adelphi Merchant Quarter
Aberdeen
AB11 5BL
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (1 active · 1 resigned)

KEANE, Robin Augustine
director · ~46y · appointed 2016-01-01
View their other companies + combined net worth →
Active
KEANE, Robert
director · ~70y · appointed 2015-05-22 · resigned 2023-04-10
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-20
termination-director-company-with-name-termination-date
officers · TM01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-20