ALFRA SUBSEA ENGINEERING LIMITED

🌳Matureactive

SC229922 · ltd · incorporated 2002-04-05

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£87.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Engineering related scientific and technical consulting activities

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £87,563

Net assets shrinking

Down £2,341 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£88k

↓ 2.6% YoY

Current Assets

£125k

↓ 2.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£87.6k	£89.9k
Current assets	£124.9k	£128.3k
Net assets	£87.6k	£89.9k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-11-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-04-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2002-04-11
➕
HOLT, Francine Ann appointed
secretary
2002-04-11
➕
HOLT, Alan Christopher appointed
director
2002-04-11
➕
HOLT, Francine Ann appointed
director
2002-04-11
➖
PF & S ( SECRETARIES) LIMITED resigned
corporate-nominee-secretary
2002-04-11
➖
PF & S (DIRECTORS) LIMITED resigned
corporate-nominee-director
2002-04-05
🏢
Company incorporated
As ALFRA SUBSEA ENGINEERING LIMITED
2002-04-05
➕
PF & S ( SECRETARIES) LIMITED appointed
corporate-nominee-secretary
2002-04-05
➕
PF & S (DIRECTORS) LIMITED appointed
corporate-nominee-director

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 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Alan Christopher Holt Individual · British · DOB 02/1967 · age 59	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Mrs Francine Ann Holt Individual · British · DOB 12/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

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

Incorporated2002-04-05

Jurisdictionscotland

Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

16 Wilson Road

Banchory

Kincardineshire

AB31 5UY

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-04-19

Last: 2026-04-05

Officers (3 active · 2 resigned)

HOLT, Francine Ann→

secretary · appointed 2002-04-11

View their other companies + combined net worth →

Active

HOLT, Alan Christopher→

director · ~59y · appointed 2002-04-11

View their other companies + combined net worth →

Active

HOLT, Francine Ann→

director · ~66y · appointed 2002-04-11

View their other companies + combined net worth →

Active

PF & S ( SECRETARIES) LIMITED→

corporate-nominee-secretary · appointed 2002-04-05 · resigned 2002-04-11

Resigned

PF & S (DIRECTORS) LIMITED→

corporate-nominee-director · appointed 2002-04-05 · resigned 2002-04-11

Resigned

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