AURORA WORLD LTD.
- · Thesis: well-run, low negotiation leverage
- 47910Retail sale via mail order houses or via Internet
- 47990Other retail sale not in stores, stalls or markets
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
Refinance opportunity
11 live charges · 7 lenders · oldest 28.8y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.8 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (61 events)Click to expand
- 2026-01-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-20➕GIL, Jae Ho appointeddirector
- 2026-01-20➖NOH, Jaeyeon resigneddirector
- 2025-09-01📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-30🔒Charge registered #11Lender: Industrial Bank of Korea, London Branch
- 2024-04-30🔒Charge registered #10Lender: Industrial Bank of Korea, London Branch
- 2024-04-10➖HONG, Kee Sun resigneddirector
- 2024-04-10➕NOH, Jaeyeon appointeddirector
- 2024-04-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-27📄accounts-with-accounts-type-groupaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-groupaccounts · AA
- 2021-09-20📄accounts-with-accounts-type-fullaccounts · AA
- 2020-08-24📄accounts-with-accounts-type-fullaccounts · AA
- 2019-11-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2019-04-16📄accounts-with-accounts-type-fullaccounts · AA
- 2019-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2018-12-19📄auditors-resignation-companyauditors · AUD
- 2018-08-23🔒Charge registered #9Lender: Industrial Bank of Korea, London Branch
- 2018-08-23🔒Charge registered #8Lender: Industrial Bank of Korea, London Branch
- 2018-03-09🔓Charge satisfied #6
- 2014-04-25🔒Charge registered #7Lender: Industrial Bank of Korea (London Branch)
- 2011-03-08🔓Charge satisfied #2
- 2010-11-11🔓Charge satisfied #4
- 2008-10-09🔒Charge registered #6Lender: Hsbc Bank PLC
- 2008-10-07🔒Charge registered #5Lender: Hsbc Bank PLC
- 2008-04-26🔓Charge satisfied #3
- 2006-12-21➖HUH, Raymond resignedsecretary
- 2006-12-21➖NOH, Huei Yul resigneddirector
- 2006-12-20➕LEE, Jung Hoon appointedsecretary
- 2006-12-20➕LEE, Jung Hoon appointeddirector
- 2004-12-01➕HONG, Kee Sun appointeddirector
- 2004-12-01➖PARK, Jong Man resigneddirector
- 2004-04-21🔒Charge registered #4Lender: Laing Property Holdings Limited
- 2003-12-18➕PARK, Jong Man appointeddirector
- 2003-10-28➖CHUN, Byung Hyun resigneddirector
- 2002-02-15➖GOULDSBOROUGH, Richard Graham resignedsecretary
- 2002-02-15➕HUH, Raymond appointedsecretary
- 2001-11-21➖CARTER, Michael David resigneddirector
- 2001-05-01🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors
- 2000-12-21➕CHUN, Byung Hyun appointeddirector
- 2000-04-30➖APCK, Wankyu resigneddirector
- 1999-04-20➕APCK, Wankyu appointeddirector
- 1998-12-31➕NOH, Huei Yul appointeddirector
- 1998-11-19🔓Charge satisfied #1
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 20 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Aurora World Corporation is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aurora World Corporation Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASCEND CARE LIMITED→ 11410009 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ASHRIDGE MANOR FARM NURSERY LIMITED→ 11000598 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASPEN EDGE GROUP LIMITED→ 15672691 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AVRON TRADING LIMITED→ 04541189 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AXUNIO LTD→ 15677540 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| B.D.A. (INITIATIVES) LIMITED→ 02972167 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BAD WORKWEAR UK PTY LTD→ 14318721 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BAKED TOGETHER LIMITED→ 16487044 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAKOUR LIMITED→ 07128908 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| BAKU KYIV RETAIL LIMITED→ 16914759 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BALDERTECH LTD→ 11852754 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BALLCOCK AND BITS LIMITED→ 02234332 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
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 →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
Registered office
Filing status
Officers (3 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Industrial Bank of Korea, London Branch | A registered charge | 1 property | 30/04/2024 | — | |
| outstanding | Industrial Bank of Korea, London Branch | A registered charge | 1 property | 30/04/2024 | — | |
| outstanding | Industrial Bank of Korea, London Branch | A registered charge | 1 property | 23/08/2018 | — | |
| outstanding | Industrial Bank of Korea, London Branch | A registered charge | 1 property | 23/08/2018 | — | |
| outstanding | Industrial Bank of Korea (London Branch) | A registered charge | 1 property | 25/04/2014 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 09/10/2008 | 09/03/2018 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 07/10/2008 | — | |
| satisfied | Laing Property Holdings Laing Property Holdings Limited | Rent deposit deed | 1 property | 21/04/2004 | 11/11/2010 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors | All assets debenture | 1 property | 01/05/2001 | 26/04/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 28/04/1998 | 08/03/2011 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 27/09/1997 | 19/11/1998 |