BARKAT KNITWEAR MFG. CO. LIMITED

💤Zombieactive
00939071 · ltd · incorporated 1968-09-20
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 Sept 2025
Net worth
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 13910
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 50.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 50.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Average employees16001600

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-08-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2019-06-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2018-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2009-10-01
    KHATOON, Syra resigned
    secretary
  17. 2005-02-15
    USMAN, Mohammad appointed
    director
  18. 2005-02-05
    KHALIQ, Hajra resigned
    director
  19. 2004-06-14
    KHATOON, Syra appointed
    secretary
  20. 2004-05-11
    ALI, Barkat resigned
    secretary
  21. 2004-05-11
    ALI, Barkat resigned
    director
  22. 2004-05-11
    ALI, Sardar Bibi resigned
    director
  23. 2004-05-11
    KHALIQ, Hajra appointed
    director
  24. 2001-08-09
    🔒
    Charge registered #6
    Lender: Mohammed Jamil
  25. 2000-12-21
    🔓
    Charge satisfied #1
  26. 2000-10-11
    ALI, Barkat appointed
    secretary
  27. 2000-10-11
    USMAN, Mohammed resigned
    secretary
  28. 1995-07-17
    USMAN, Mohammed resigned
    director
  29. 1993-01-18
    🔓
    Charge satisfied #5
  30. 1993-01-18
    🔓
    Charge satisfied #4
  31. 1992-12-31
    CHOUDHRI, Ihsan Ul-Haq resigned
    secretary
  32. 1985-06-24
    🔒
    Charge registered #5
    Lender: The Muslim Commercial Bank LTD
  33. 1981-07-16
    🔒
    Charge registered #4
    Lender: The Muslim Commercial Bank Limited
  34. 1981-07-15
    🔒
    Charge registered #3
    Lender: The Muslim Commercial Bank LTD
  35. 1979-10-22
    🔒
    Charge registered #2
    Lender: Bank of Credit and Commerce International S.A.
  36. 1975-08-18
    🔒
    Charge registered #1
    Lender: Bank of Credit and Commerce International S.A.
  37. 1968-09-20
    🏢
    Company incorporated
    As BARKAT KNITWEAR MFG. CO. LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 58 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mohammad Usman
Individual · British · DOB 06/1959 · age 67
75100%
75-100% shares31/12/2016

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

9 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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated1968-09-20
Jurisdictionengland-wales
Primary SIC13910 — SIC 13910

Registered office

1 Milton Street
Salford
M7 1UQ
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13

Officers (1 active · 8 resigned)

USMAN, Mohammad
director · ~67y · appointed 2005-02-15
View their other companies + combined net worth →
Active
ALI, Barkat
secretary · appointed 2000-10-11 · resigned 2004-05-11
Resigned
CHOUDHRI, Ihsan Ul-Haq
secretary · resigned 1992-12-31
Resigned
KHATOON, Syra
secretary · appointed 2004-06-14 · resigned 2009-10-01
Resigned
USMAN, Mohammed
secretary · resigned 2000-10-11
Resigned
ALI, Barkat
director · ~100y · resigned 2004-05-11
Resigned
ALI, Sardar Bibi
director · ~100y · resigned 2004-05-11
Resigned
KHALIQ, Hajra
director · ~40y · appointed 2004-05-11 · resigned 2005-02-05
Resigned
USMAN, Mohammed
director · ~67y · resigned 1995-07-17
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Mohammed Jamil
Legal charge1 property09/08/2001
satisfied
The Muslim Commercial Bank
The Muslim Commercial Bank LTD
Mortgage1 property24/06/198518/01/1993
satisfied
The Muslim Commercial Bank
The Muslim Commercial Bank Limited
Debenture1 property16/07/198118/01/1993
outstanding
The Muslim Commercial Bank
The Muslim Commercial Bank LTD
Mortgage1 property15/07/1981
outstanding
Bank of Credit and Commerce International S.A.
Charge1 property22/10/1979
satisfied
Bank of Credit and Commerce International S.A.
Debenture1 property18/08/197521/12/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-17