ALTER SOLUTIONS LP

💤Zombieactive
SL025704 · limited-partnership · incorporated 2016-03-23
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
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: No active directors on record. Company is active but has no current directors in the register. This is unusual and should be investigated. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (31/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
60
Adequate data — full accounts will sharpen view.

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 (7 events)Click to expand
  1. 2019-04-30
    📄
    legacy
    incorporation · LP6
  2. 2018-04-10
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  3. 2018-03-14
    📄
    legacy
    incorporation · LP6
  4. 2017-08-10
    📄
    notification-of-a-person-with-significant-control-statement-scottish-limited-partnership
    persons-with-significant-control · SLPPSC08
  5. 2016-08-17
    📄
    legacy
    incorporation · LP6
  6. 2016-03-23
    🏢
    Company incorporated
    As ALTER SOLUTIONS LP
  7. 2016-03-23
    📄
    legacy
    incorporation · LP5

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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.

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Company details

Statusactive
Typelimited-partnership
Incorporated2016-03-23
Jurisdictionscotland
Primary SIC

Registered office

Suite 1/1 34 St. Enoch Square
Glasgow
Lanarkshire
G1 4DF

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last: 2018-03-22

Officers (0 active · 0 resigned)

Recent filings (6 total)

legacy
incorporation · LP6
2019-04-30
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-04-10
legacy
incorporation · LP6
2018-03-14
notification-of-a-person-with-significant-control-statement-scottish-limited-partnership
persons-with-significant-control · SLPPSC08
2017-08-10
legacy
incorporation · LP6
2016-08-17
legacy
incorporation · LP5
2016-03-23