ALPHA FENCING LIMITED
🌳Matureactive
SC206616 · ltd · incorporated 2000-04-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 25.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£609.6k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 80/100. 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: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 25.9y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 25.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 33/100 — 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £609,586
Cash YoY
+58%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£271k
↑ 58% YoY
Net Worth
£610k
↑ 27% YoY
Current Assets
£814k
↑ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £753.1k | £543.9k |
| Current assets | £814.2k | £543.2k |
| Cash | £270.9k | £171.9k |
| Debtors | £539.1k | £367.1k |
| Net assets | £609.6k | £481.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
3
filings
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-11-03➖ANNAND, Amanda Jane resigneddirector
- 2025-11-03➖ANNAND, Michael David resigneddirector
- 2025-11-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-25➕MACDONALD, Karen appointedsecretary
- 2024-10-25➕JONES, Darren appointeddirector
- 2024-10-25➕MACDONALD, Karen appointeddirector
- 2024-10-25➖ANNAND, Michael David resignedsecretary
- 2024-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-12🔓Charge satisfied #2
- 2019-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2012-12-14➕ANNAND, Michael David appointedsecretary
- 2012-12-14➖MCNIVEN, James resignedsecretary
- 2012-12-14➖MCNIVEN, James resigneddirector
- 2012-12-14➖MCNIVEN, Valerie Margaret resigneddirector
- 2008-09-01➕ANNAND, Amanda Jane appointeddirector
- 2008-09-01➕MCNIVEN, Valerie Margaret appointeddirector
- 2002-03-12🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2000-05-24🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2000-04-26🏢Company incorporatedAs ALPHA FENCING LIMITED
- 2000-04-26➕MCNIVEN, James appointedsecretary
- 2000-04-26➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2000-04-26➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2000-04-26➕ANNAND, Michael David appointeddirector
- 2000-04-26➕MCNIVEN, James appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ANNAND, Amanda Jane resigned 2025-11-03; ANNAND, Michael David resigned 2025-11-03
Group structure
Hillhead Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hillhead Investments Limited
Corporate parent · holds 75-100% shares · board control
⬇
ALPHA FENCING LIMITED
This company · SC206616
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hillhead Investments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/04/2016 |
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.
See pricing →Similar companies
Active · Construction · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R DRYWALLS LTD→ SC482487 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A MACLEOD CONSTRUCTION LIMITED→ SC475785 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A MORRIS ROOFING LIMITED→ SC572573 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A ROBERTSON ELECTRICAL SOLUTIONS LTD→ SC813525 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.R.F JOINERY LIMITED→ SC478418 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AKZ ELECTRICAL SERVICES LTD→ SC866636 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBYN DESIGN & BUILD LTD→ SC530560 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ALCORE CONSTRUCTION NORTH EAST LIMITED→ SC506611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALEXANDER DUTHIE & SONS LIMITED→ SC113610 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| ALLAN ELECTRICS LTD→ SC573665 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDREW BRUCE FIRE PROTECTION LTD→ SC575729 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDREW MAY BUILDING CONTRACTORS LTD→ SC676671 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2000-04-26
Jurisdictionscotland
Primary SIC43290 — Other construction installation
Registered office
Broomiesburn Road
Ellon
Aberdeenshire
AB41 9RD
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-10
Last: 2025-04-26
Officers (3 active · 7 resigned)
Active
JONES, Darren→
Activedirector · ~52y · appointed 2024-10-25
View their other companies + combined net worth →
MACDONALD, Karen→
Activedirector · ~50y · appointed 2024-10-25
View their other companies + combined net worth →
ANNAND, Michael David→
Resignedsecretary · appointed 2012-12-14 · resigned 2024-10-25
MCNIVEN, James→
Resignedsecretary · appointed 2000-04-26 · resigned 2012-12-14
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-04-26 · resigned 2000-04-26
ANNAND, Amanda Jane→
Resigneddirector · ~58y · appointed 2008-09-01 · resigned 2025-11-03
ANNAND, Michael David→
Resigneddirector · ~61y · appointed 2000-04-26 · resigned 2025-11-03
MCNIVEN, James→
Resigneddirector · ~74y · appointed 2000-04-26 · resigned 2012-12-14
MCNIVEN, Valerie Margaret→
Resigneddirector · ~71y · appointed 2008-09-01 · resigned 2012-12-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/03/2002 | 12/11/2019 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/05/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
termination-director-company-with-name-termination-date
officers · TM01
2025-11-03
termination-director-company-with-name-termination-date
officers · TM01
2025-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-30
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06