ASEGUN LIMITED

💤Zombieactive
04642477 · ltd · incorporated 2003-01-20
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 Mar 2025
Net worth
£-647
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £647
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £7,340 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£647
↓ 110% YoY
Current Assets
£28k
↓ 25% YoY
Current Liabilities
-£647£7k£15k£22k£30k£38kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£30.1k£42.2k
Current assets£28.2k£37.9k
Net assets£-647£6.7k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
9
filings
  • 5 officers
  • 3 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-02-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-01-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2026-01-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2026-01-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2026-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2026-01-20
    SOWEMIMO, Pauline Habiba resigned
    secretary
  10. 2026-01-20
    SOWEMIMO, Sonibare Olarewaju resigned
    director
  11. 2025-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-08-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-08-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-08-01
    SOWEMIMO, Pauline Habiba Balaraba appointed
    director
  18. 2021-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-10-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2003-01-23
    PREMIER SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  23. 2003-01-23
    PREMIER DIRECTORS LIMITED resigned
    corporate-nominee-director
  24. 2003-01-20
    🏢
    Company incorporated
    As ASEGUN LIMITED
  25. 2003-01-20
    SOWEMIMO, Pauline Habiba appointed
    secretary
  26. 2003-01-20
    PREMIER SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2003-01-20
    SOWEMIMO, Sonibare Olarewaju appointed
    director
  28. 2003-01-20
    PREMIER DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SOWEMIMO, Pauline Habiba resigned 2026-01-20; SOWEMIMO, Sonibare Olarewaju resigned 2026-01-20

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Pauline Habiba Balaraba Sowemimo
Individual · British · DOB 01/1971 · age 55
75100%
sig. influence75-100% shares · significant influence · firm interest06/04/2016
1 historic (ceased) PSC
  • Mr Sonibare Olarewaju Sowemimoceased 01/08/2022· board control · firm interest

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

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
Incorporated2003-01-20
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

Southbridge House
Southbridge Place
Croydon
CR0 4HA
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20

Officers (1 active · 4 resigned)

SOWEMIMO, Pauline Habiba Balaraba
director · ~55y · appointed 2022-08-01
View their other companies + combined net worth →
Active
SOWEMIMO, Pauline Habiba
secretary · appointed 2003-01-20 · resigned 2026-01-20
Resigned
PREMIER SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2003-01-20 · resigned 2003-01-23
Resigned
SOWEMIMO, Sonibare Olarewaju
director · ~60y · appointed 2003-01-20 · resigned 2026-01-20
Resigned
PREMIER DIRECTORS LIMITED
corporate-nominee-director · appointed 2003-01-20 · resigned 2003-01-23
Resigned

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

Recent filings (76 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
change-person-director-company-with-change-date
officers · CH01
2026-02-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-01-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-31
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-31
termination-director-company-with-name-termination-date
officers · TM01
2026-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06