FARSI FOODS LIMITED

💤Zombieactive
02622282 · ltd · incorporated 1991-06-20
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 Aug 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 10130
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 34.7y

45/100
under pressure

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

  • · Oldest live charge is 34.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees900900

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 (25 events)Click to expand
  1. 2026-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-02-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-06-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2019-06-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2019-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-11-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-11-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2018-11-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-10-31
    ➖
    FARSI, Nader resigned
    secretary
  18. 2018-10-31
    ➖
    FARSI, Mohammad, Doctor resigned
    director
  19. 2018-10-31
    ➖
    FARSI, Nader resigned
    director
  20. 1991-10-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 1991-06-20
    🏢
    Company incorporated
    As FARSI FOODS LIMITED
  22. 1991-06-20
    ➕
    FARSI, Majead appointed
    director
  23. 1991-06-20
    ➕
    FARSI, Nader appointed
    secretary
  24. 1991-06-20
    ➕
    FARSI, Mohammad, Doctor appointed
    director
  25. 1991-06-20
    ➕
    FARSI, Nader appointed
    director

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.
  • +Founder name in company name: Company name contains director surname "FARSI" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

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 64. 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 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

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
Mrs Bita Farsi
Individual · British · DOB 11/1973 · age 53
25–50%
25–50%25-50% shares · 25-50% voting31/10/2018
Mr Majead Farsi
Individual · British · DOB 03/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting20/06/2017
2 historic (ceased) PSCs
  • Doctor Mohammad Farsiceased 31/10/2018· significant influence
  • Mr Nader Farsiceased 31/10/2018· significant influence

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1991-06-20
Jurisdictionengland-wales
Primary SIC10130 — SIC 10130

Registered office

Unit 9 Def Oak Road
West Chirton North Ind Est
North Shields
Tyne & Wear
NE29 8SD

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (1 active · 3 resigned)

FARSI, Majead→
director · ~64y · appointed 1991-06-20
View their other companies + combined net worth →
Active
FARSI, Nader→
secretary · appointed 1991-06-20 · resigned 2018-10-31
Resigned
FARSI, Mohammad, Doctor→
director · ~86y · appointed 1991-06-20 · resigned 2018-10-31
Resigned
FARSI, Nader→
director · ~60y · appointed 1991-06-20 · resigned 2018-10-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property28/10/1991—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-10