ALDERSTONE LIMITED

💤Zombieactive
SC753735 · ltd · incorporated 2022-12-23
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 Dec 2024
Net worth
£100
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 69202Bookkeeping activities
  • 69203Tax consultancy
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. 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 (80/100)

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

Company profile
address, 3 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
2 connected companies via shared directors
51
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£200
~ YoY
Current Liabilities
£0£40£80£120£160£200Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£100£100
Current assets£200£200
Net assets£100£100

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
1
filing
  • 1 address
Last 180 days
2
filings
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-01-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-11-01
    FRASER, David Robert resigned
    director
  7. 2024-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-05-01
    📄
    capital-allotment-shares
    capital · SH01
  9. 2024-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-12-23
    🏢
    Company incorporated
    As ALDERSTONE LIMITED
  11. 2022-12-23
    FEARN, Peter Nicholas appointed
    director
  12. 2022-12-23
    FRASER, David Robert appointed
    director
  13. 2022-12-23
    📄
    incorporation-company
    incorporation · NEWINC

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

45/100
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.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Peter Nicholas Fearn
Individual · Scottish · DOB 08/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/12/2022
1 historic (ceased) PSC
  • Mr David Robert Fraserceased 01/11/2024· 25-50% shares · 25-50% voting · board control

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

8 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
Incorporated2022-12-23
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

Codebase
37a Castle Terrace
Edinburgh
Midlothian
EH1 2EL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21

Officers (1 active · 1 resigned)

FEARN, Peter Nicholas
director · ~35y · appointed 2022-12-23
View their other companies + combined net worth →
Active
FRASER, David Robert
director · ~50y · appointed 2022-12-23 · resigned 2024-11-01
Resigned

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

Recent filings (13 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-21
termination-director-company-with-name-termination-date
officers · TM01
2025-01-21
accounts-with-accounts-type-dormant
accounts · AA
2024-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-02
capital-allotment-shares
capital · SH01
2024-05-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
incorporation-company
incorporation · NEWINC
2022-12-23