AFRICAN ONLINE SHOP LIMITED

💤Zombieactive
04326971 · ltd · incorporated 2001-11-22
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
80/100
Exceptional
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). 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).

Data confidence

Overall: medium (75/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-07-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-12-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2022-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-11-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-08-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-08-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-08-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-08-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-12-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-08-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2001-11-22
    🏢
    Company incorporated
    As AFRICAN ONLINE SHOP LIMITED
  17. 2001-11-22
    OLOKO, Olufunmilayo Obayomi appointed
    secretary
  18. 2001-11-22
    OLOKO, Adedotun Oludare appointed
    director
  19. 2001-11-22
    PARAMOUNT COMPANY SEARCHES LIMITED appointed
    corporate-nominee-secretary
  20. 2001-11-22
    PARAMOUNT COMPANY SEARCHES LIMITED resigned
    corporate-nominee-secretary
  21. 2001-11-22
    PARAMOUNT PROPERTIES (UK) LIMITED appointed
    corporate-nominee-director
  22. 2001-11-22
    PARAMOUNT PROPERTIES (UK) LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — 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 60. 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Olufunmilayo Oloko
Individual · British · DOB 04/1967 · age 59
2550%
25-50% shares19/11/2016

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

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.

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Company details

Statusactive
Typeltd
Incorporated2001-11-22
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

2 Surrenden Road
Brighton
East Sussex
BN1 6PP

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (2 active · 2 resigned)

OLOKO, Olufunmilayo Obayomi
secretary · appointed 2001-11-22
View their other companies + combined net worth →
Active
OLOKO, Adedotun Oludare
director · ~60y · appointed 2001-11-22
View their other companies + combined net worth →
Active
PARAMOUNT COMPANY SEARCHES LIMITED
corporate-nominee-secretary · appointed 2001-11-22 · resigned 2001-11-22
Resigned
PARAMOUNT PROPERTIES (UK) LIMITED
corporate-nominee-director · appointed 2001-11-22 · resigned 2001-11-22
Resigned

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

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-09
accounts-with-accounts-type-dormant
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-dormant
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-dormant
accounts · AA
2023-08-16
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
accounts-with-accounts-type-dormant
accounts · AA
2022-12-07
gazette-notice-compulsory
gazette · GAZ1
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-05
accounts-with-accounts-type-dormant
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02
accounts-with-accounts-type-dormant
accounts · AA
2020-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-02