A.J. EVANS LIMITED

💤Zombieactive

03782037 · ltd · incorporated 1999-06-03

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 Nov 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Dispensing chemist in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 26.3y

30/100

under pressure

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

· Oldest live charge is 26.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

72 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30	2023-11-30
Average employees	1500	1300

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2025-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-01
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-02-11
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2020-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-05
🔓
Charge satisfied #3
2011-06-23
🔓
Charge satisfied #2
2011-06-23
🔓
Charge satisfied #1
2003-04-08
🔒
Charge registered #3
Lender: Aah Pharmaceuticals Limited,Barclay Pharmaceuticals Limited and Farillon Limited
2001-10-29
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2000-04-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1999-06-03
🏢
Company incorporated
As A.J. EVANS LIMITED
1999-06-03
➕
EVANS, Alison, Dr appointed
secretary
1999-06-03
➕
EVANS, Andrew appointed
director
1999-06-03
➕
WATERLOW SECRETARIES LIMITED appointed
corporate-nominee-secretary
1999-06-03
➖
WATERLOW SECRETARIES LIMITED resigned
corporate-nominee-secretary
1999-06-03
➕
WATERLOW NOMINEES LIMITED appointed
corporate-nominee-director
1999-06-03
➖
WATERLOW NOMINEES LIMITED resigned
corporate-nominee-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 "EVANS" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew Evans Individual · British · DOB 12/1967 · age 59	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 →

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AK & CO PROPERTIES LTD→ 12279796 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AK SUPERMART LTD→ 16692999 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AKAN CORPORATION LTD→ 16352685 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AKASH JEWELLERY LTD→ 11742779 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AKSTARTS LTD→ 16244892 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AKTECH GLOBAL LTD→ 14028141 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
AL AHAD SNM COMPANY LTD→ 16639396 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1999-06-03

Jurisdictionengland-wales

Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

2 Oldfield Road

Bocam Park

Bridgend

Bridgend County Borough

CF35 5LJ

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-06-17

Last: 2026-06-03

Officers (2 active · 2 resigned)

EVANS, Alison, Dr→

secretary · appointed 1999-06-03

View their other companies + combined net worth →

Active

EVANS, Andrew→

director · ~59y · appointed 1999-06-03

View their other companies + combined net worth →

Active

WATERLOW SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1999-06-03 · resigned 1999-06-03

Resigned

WATERLOW NOMINEES LIMITED→

corporate-nominee-director · appointed 1999-06-03 · resigned 1999-06-03

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
satisfied	Aah Pharmaceuticals ,Barclay Pharmaceuticals and Farillon Aah Pharmaceuticals Limited,Barclay Pharmaceuticals Limited and Farillon Limited	Debenture	1 property	08/04/2003	05/05/2012
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Legal charge	1 property	29/10/2001	23/06/2011
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Debenture	1 property	06/04/2000	23/06/2011