AAK LIMITED
🌳Matureactive
02588842 · ltd · incorporated 1991-03-06
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
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
12 live charges · 5 lenders · oldest 31.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 31.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 1000 | 800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-02-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-26🔓Charge satisfied #11
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-20🔓Charge satisfied #8
- 2024-01-17🔒Charge registered #12Lender: Hsbc UK Bank PLC
- 2023-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-11📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-21📄capital-allotment-sharescapital · SH01
- 2021-06-08📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-19🔒Charge registered #11Lender: Hsbc UK Bank PLC
- 2019-03-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-07📄accounts-with-accounts-type-fullaccounts · AA
- 2014-08-06🔒Charge registered #10Lender: Hsbc Invoice Finance (UK) LTD
- 2011-09-08🔓Charge satisfied #6
- 2011-09-08🔓Charge satisfied #4
- 2011-07-01🔓Charge satisfied #5
- 2011-06-29🔓Charge satisfied #3
- 2011-06-29🔓Charge satisfied #1
- 2010-08-26🔒Charge registered #9Lender: Hsbc Bank PLC
- 2010-08-26🔒Charge registered #8Lender: Hsbc Bank PLC
- 2010-07-26🔒Charge registered #7Lender: Hsbc Bank PLC
- 2009-07-09➕HELFGOTT, Nathan Lawrence appointeddirector
- 2009-07-09➖KINDLER, Iris resignedsecretary
- 2009-07-09➖KINDLER, Iris resigneddirector
- 2009-07-08🔒Charge registered #6Lender: Barclays Bank PLC
- 2009-07-08🔒Charge registered #5Lender: Barclays Bank PLC
- 2008-08-12🔒Charge registered #4Lender: Barclays Bank PLC
- 2001-12-06➖HELFGOTT, Nathan Lawrence resigneddirector
- 1998-12-03🔒Charge registered #3Lender: Barclays Bank PLC
- 1997-01-30🔒Charge registered #2Lender: Chartwell Land Investments Limited
- 1997-01-29➕HELFGOTT, Nathan Lawrence appointeddirector
- 1994-06-26🔒Charge registered #1Lender: Barclays Bank PLC
- 1991-03-06🏢Company incorporatedAs AAK LIMITED
- 1991-03-06➕KINDLER, Maurice Ian appointeddirector
- 1991-03-06➕KINDLER, Iris appointedsecretary
- 1991-03-06➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1991-03-06➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1991-03-06➕KINDLER, Iris appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Maurice Ian Kindler Individual · British · DOB 06/1953 · age 73 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Nathan Lawrence Helfgott Individual · British · DOB 08/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Wholesale & distribution · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 401VAULT LIMITED→ 16341343 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 82 LTD→ 16902322 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A3S GLOBAL LTD→ 12511447 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AALO INVESTMENT LTD→ 13601369 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AATF LIMITED→ 16597475 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABOUELELA LIMITED→ 14880091 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCISMUS LTD→ 15579115 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE ART ADVISORY LTD→ 13441584 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACEN METAL CO., LTD→ 15068161 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACEQUARE LIMITED→ 09190130 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACGK DESIGN LTD→ 16956122 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACHILLES SUPPLIES LTD→ 16623109 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1991-03-06
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear
Registered office
Acre House
11-15 William Road
London
NW1 3ER
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06
Officers (2 active · 4 resigned)
HELFGOTT, Nathan Lawrence→
Activedirector · ~55y · appointed 2009-07-09
View their other companies + combined net worth →
KINDLER, Maurice Ian→
Activedirector · ~73y · appointed 1991-03-06
View their other companies + combined net worth →
KINDLER, Iris→
Resignedsecretary · appointed 1991-03-06 · resigned 2009-07-09
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-03-06 · resigned 1991-03-06
HELFGOTT, Nathan Lawrence→
Resigneddirector · ~55y · appointed 1997-01-29 · resigned 2001-12-06
KINDLER, Iris→
Resigneddirector · ~100y · appointed 1991-03-06 · resigned 2009-07-09
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
5
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/01/2024 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 19/07/2019 | 26/02/2026 | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 06/08/2014 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 26/08/2010 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 26/08/2010 | 20/01/2024 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 26/07/2010 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/07/2009 | 08/09/2011 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 08/07/2009 | 01/07/2011 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 12/08/2008 | 08/09/2011 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 03/12/1998 | 29/06/2011 | |
| outstanding | Chartwell Land Investments Chartwell Land Investments Limited | Rent deposit deed | 1 property | 30/01/1997 | — | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 26/06/1994 | 29/06/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-24
accounts-with-accounts-type-small
accounts · AA
2022-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-10
capital-allotment-shares
capital · SH01
2021-12-21
accounts-with-accounts-type-full
accounts · AA
2021-06-08