ALPHA PROJECTS (SCOTLAND) LTD
Get an alert when ALPHA PROJECTS (SCOTLAND) LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.8m
-12.7% vs 2024
Net assets
£1.4m
-7.3% vs 2024
Employees
59
-16.9% vs 2024
Profit before tax
£474k
-46.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £13,764,083 | £16,219,969 | £17,524,953 | +8% | |
| Operating profit | — | — | — | £890,597 | £977,605 | £360,917 | -63.1% | |
| Profit before tax | — | — | — | £848,219 | £884,467 | £473,801 | -46.4% | |
| Net profit | — | — | — | £620,024 | £679,647 | £379,423 | -44.2% | |
| Cash | £420,844 | £696,834 | £930,259 | £1,508,862 | £2,005,090 | £1,750,122 | -12.7% | |
| Total assets less current liabilities | £386,531 | £571,922 | £1,064,997 | £2,039,075 | £2,443,717 | £2,018,092 | -17.4% | |
| Net assets | £232,093 | £355,907 | £719,426 | £1,250,369 | £1,500,016 | £1,390,717 | -7.3% | |
| Equity | £232,093 | £355,907 | £719,426 | £1,250,369 | £1,500,016 | £1,390,717 | -7.3% | |
| Average employees | 33 | 42 | 47 | 63 | 71 | 59 | -16.9% | |
| Wages | — | — | — | £2,124,559 | £2,467,775 | £2,157,556 | -12.6% | |
| Directors' remuneration | — | — | — | £25,000 | £25,140 | £25,140 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 6.5% | 6.0% | 2.1% | |
| Net margin | — | — | — | 4.5% | 4.2% | 2.2% | |
| Return on capital employed | — | — | — | 43.7% | 40.0% | 17.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | 71.2% | 73.4% | |
| Current ratio | — | — | — | 1.38x | 1.41x | 1.37x | |
| Interest cover | — | — | — | 19.59x | 14.54x | 5.49x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The Company has moved towards an Employee Ownership structure (Employee Ownership Trust), with legals concluding in November 2025.”
- “Further, during the course of the year, subsidiary company 'Alpha Services' was de-merged from the Group and completed a re-brand to 'Peak Renewables', in additon to a board re-structure within the company.”
- “The shareholders sold their shares in the company to an Employee Ownership Trust (EOT) post year end. The transaction completed on 14th November 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Kevin | Director | 2017-10-30 | Apr 1987 | British |
| CORTESE, Paul | Director | 2018-08-01 | Apr 1984 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Michael Joseph | Director | 2017-10-30 | 2017-11-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Alpha Projects Eot Trustee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-11-14 | Active |
| Mr Paul Cortese | Individual | Significant influence, Significant influence (as firm) | 2018-08-01 | Ceased 2025-11-14 |
| Mr Kevin Brown | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2017-10-30 | Ceased 2025-11-14 |
| Mr Michael Joseph Barnes | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2017-10-30 | Ceased 2017-11-09 |
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-04 RESOLUTIONS Resolution
- 2025-12-03 MA Memorandum articles
- 2022-11-03 RESOLUTIONS Resolution
- 2022-11-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-30 | AA | accounts | Accounts with accounts type full | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-03 | MA | incorporation | Memorandum articles | |
| 2025-12-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-27 | AA | accounts | Accounts with accounts type group | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-15 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-08 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-03 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-03 | SH08 | capital | Capital name of class of shares | |
| 2022-11-03 | SH10 | capital | Capital variation of rights attached to shares | |
| 2022-11-03 | MA | incorporation | Memorandum articles | |
| 2022-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.