ALGER ELECTRICS AND ALARMS LIMITED
💤Zombieactive
SC137626 · ltd · incorporated 1992-04-08
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 Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 30.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 30.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1900 | 1900 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-08📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-07-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-12📄capital-allotment-sharescapital · SH01
- 2023-11-10➖DEVOY, Gerrard resigneddirector
- 2023-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-27🔓Charge satisfied #1
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-12-11➖DEVOY, Rose resigneddirector
- 1997-04-01➕PALOMBO, Linda Ann appointedsecretary
- 1997-02-28➖ONEILL, John Andrew resignedsecretary
- 1995-09-20🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1995-01-23➖CANNON, Gwendoline Grace resignedsecretary
- 1995-01-23➕ONEILL, John Andrew appointedsecretary
- 1992-04-08🏢Company incorporatedAs ALGER ELECTRICS AND ALARMS LIMITED
- 1992-04-08➕DEVOY, Gerrard Michael appointeddirector
- 1992-04-08➕CANNON, Gwendoline Grace appointedsecretary
- 1992-04-08➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-secretary
- 1992-04-08➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-secretary
- 1992-04-08➕DEVOY, Gerrard appointeddirector
- 1992-04-08➕DEVOY, Rose appointeddirector
Owner dependency
93/100
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.
- +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 34 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
cleanNo 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 |
|---|---|---|---|---|
Mr Gerrard Michael Devoy Individual · British · DOB 08/1969 · age 57 | 25–50% | — | 25-50% shares | 08/04/2017 |
1 historic (ceased) PSC
- Mr Gerrard Devoyceased 11/11/2023· 25-50% 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 →Similar companies
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A L PERRIE LTD.→ SC340104 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ADR FENCING SCOTLAND LTD→ SC818113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AHMAD GAS SERVICING LTD→ SC881895 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIBSCOTLAND LTD→ SC873730 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN ORR PLUMBING LTD→ SC493433 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALBA GAS LIMITED→ SC225004 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ALEX MATHESON ELECTRICAL LTD→ SC748881 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALEXANDER GAS HEATING LTD→ SC412134 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALFA GROUP SCOTLAND LTD→ SC775293 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALL IN ONE HOME IMPROVEMENTS LTD→ SC480900 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALL LEVEL BUILDING AND MAINTENANCE LIMITED→ SC809490 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL SCOPE RENOVATIONS LTD→ SC874758 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1992-04-08
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
2(A) Alder Road
Broadmeadow Industrial Estate
Dumbarton
G82 2EL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02
Officers (2 active · 5 resigned)
PALOMBO, Linda Ann→
Activesecretary · appointed 1997-04-01
View their other companies + combined net worth →
DEVOY, Gerrard Michael→
Activedirector · ~61y · appointed 1992-04-08
View their other companies + combined net worth →
CANNON, Gwendoline Grace→
Resignedsecretary · appointed 1992-04-08 · resigned 1995-01-23
ONEILL, John Andrew→
Resignedsecretary · appointed 1995-01-23 · resigned 1997-02-28
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-04-08 · resigned 1992-04-08
DEVOY, Gerrard→
Resigneddirector · ~89y · appointed 1992-04-08 · resigned 2023-11-10
DEVOY, Rose→
Resigneddirector · ~93y · appointed 1992-04-08 · resigned 2005-12-11
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 20/09/1995 | 27/04/2023 |
Recent filings (89 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
change-person-secretary-company-with-change-date
officers · CH03
2025-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-14
termination-director-company-with-name-termination-date
officers · TM01
2023-12-12
capital-allotment-shares
capital · SH01
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-06