ALPHA SUBSEA TOOLING LIMITED

🌱Startupactive
SC830766 · ltd · incorporated 2024-12-03
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.
🔒Estimated value
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Turnover
year to Dec 2025
Net worth
£-2.3k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £2,271
Very low cash
Cash position: £0

Key financials

1 year extracted from filed iXBRL accounts
Cash
£0
Net Worth
-£2k
Current Assets
£0
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-31
Total assets£-2.3k
Current assets£0
Cash£0
Net assets£-2.3k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2026-01-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-03
    🏢
    Company incorporated
    As ALPHA SUBSEA TOOLING LIMITED
  3. 2024-12-03
    WRAITH, Carl Matthew appointed
    director
  4. 2024-12-03
    WRAITH, Daniel Lee appointed
    director
  5. 2024-12-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.4 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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
NameSharesVoting rightsNature of controlNotified
Mr Daniel Lee Wraith
Individual · British · DOB 03/1985 · age 41
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/12/2024
Mr Carl Matthew Wraith
Individual · British · DOB 06/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/12/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

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Company details

Statusactive
Typeltd
Incorporated2024-12-03
Jurisdictionscotland
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Registered office

Swaa Breck
Stoneywood
Aberdeen
AB21 9UA
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (2 active · 0 resigned)

WRAITH, Carl Matthew
director · ~37y · appointed 2024-12-03
View their other companies + combined net worth →
Active
WRAITH, Daniel Lee
director · ~41y · appointed 2024-12-03
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
incorporation-company
incorporation · NEWINC
2024-12-03