AK EASTERN SPICE LTD

💤Zombieactive
04957100 · ltd · incorporated 2003-11-07
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
—
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Turnover
—
year to Nov 2024
Net worth
£422
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). 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 22.4y

45/100
under pressure

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

  • · Oldest live charge is 22.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
80 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £422
Net assets shrinking
Down £1,606 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£422
↓ 79% YoY
Current Assets
£10k
↓ 38% YoY
Current Liabilities
—
£0£3k£6k£9k£13k£16kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£7.2k£12.4k
Current assets£9.8k£15.8k
Net assets£422£2.0k

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 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-09-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-05-21
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2021-05-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-08-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-01-02
    ➖
    ALTUNDERE, Murat resigned
    director
  16. 2009-09-04
    ➕
    ALTUNDERE, Murat appointed
    director
  17. 2009-07-06
    ➕
    ALKAYA, Aziz appointed
    director
  18. 2009-07-06
    ➖
    ISHAIQ, Kashif resigned
    secretary
  19. 2009-07-06
    ➖
    ROSHAN, Zahid resigned
    director
  20. 2008-12-16
    ➕
    ISHAIQ, Kashif appointed
    secretary
  21. 2008-04-11
    ➖
    YOUSAF, Nabia resigned
    secretary
  22. 2008-04-10
    ➖
    YOUSAF, Mohammed Pervaiz resigned
    director
  23. 2007-04-11
    ➕
    ROSHAN, Zahid appointed
    director
  24. 2005-10-11
    ➕
    MALIK, Asif Iqbal appointed
    secretary
  25. 2005-10-11
    ➖
    MALIK, Asif Iqbal resigned
    secretary
  26. 2005-10-11
    ➕
    YOUSAF, Nabia appointed
    secretary
  27. 2005-10-11
    ➕
    MALIK, Asif Iqbal appointed
    director
  28. 2005-10-11
    ➖
    MALIK, Asif Iqbal resigned
    director
  29. 2004-11-23
    ➖
    MIAH, Suruk resigned
    secretary
  30. 2004-11-23
    ➖
    CHOUDHURY, Sharif Abedin resigned
    director
  31. 2004-11-23
    ➖
    MIAH, Suruk resigned
    director
  32. 2004-11-23
    ➕
    YOUSAF, Mohammed Pervaiz appointed
    director
  33. 2004-03-15
    ➕
    CHOUDHURY, Sharif Abedin appointed
    director
  34. 2004-02-18
    🔒
    Charge registered #1
    Lender: S R Venables
  35. 2003-11-07
    🏢
    Company incorporated
    As AK EASTERN SPICE LTD
  36. 2003-11-07
    ➕
    MIAH, Suruk appointed
    secretary
  37. 2003-11-07
    ➕
    MIAH, Ful appointed
    director
  38. 2003-11-07
    ➖
    MIAH, Ful resigned
    director
  39. 2003-11-07
    ➕
    MIAH, Suruk appointed
    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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
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 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 23 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
Mr Aziz Alkaya
Individual · Turkish · DOB 03/1964 · age 62
——sig. influencesignificant influence06/04/2016

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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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
Incorporated2003-11-07
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

42 High Street
Aylesbury
Buckinghamshire
HP20 1SE

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (1 active · 11 resigned)

ALKAYA, Aziz→
director · ~62y · appointed 2009-07-06
View their other companies + combined net worth →
Active
ISHAIQ, Kashif→
secretary · appointed 2008-12-16 · resigned 2009-07-06
Resigned
MALIK, Asif Iqbal→
secretary · appointed 2005-10-11 · resigned 2005-10-11
Resigned
MIAH, Suruk→
secretary · appointed 2003-11-07 · resigned 2004-11-23
Resigned
YOUSAF, Nabia→
secretary · appointed 2005-10-11 · resigned 2008-04-11
Resigned
ALTUNDERE, Murat→
director · ~59y · appointed 2009-09-04 · resigned 2012-01-02
Resigned
CHOUDHURY, Sharif Abedin→
director · ~58y · appointed 2004-03-15 · resigned 2004-11-23
Resigned
MALIK, Asif Iqbal→
director · ~47y · appointed 2005-10-11 · resigned 2005-10-11
Resigned
MIAH, Ful→
director · ~55y · appointed 2003-11-07 · resigned 2003-11-07
Resigned
MIAH, Suruk→
director · ~66y · appointed 2003-11-07 · resigned 2004-11-23
Resigned
ROSHAN, Zahid→
director · ~59y · appointed 2007-04-11 · resigned 2009-07-06
Resigned
YOUSAF, Mohammed Pervaiz→
director · ~53y · appointed 2004-11-23 · resigned 2008-04-10
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
S R Venables
Rent deposit deed1 property18/02/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
gazette-filings-brought-up-to-date
gazette · DISS40
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-21
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-05-21
gazette-notice-compulsory
gazette · GAZ1
2021-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-26