AFROTRADE LIMITED

💤Zombieactive
06186929 · ltd · incorporated 2007-03-27
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
£22.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £22,383
Net assets shrinking
Down £27,617 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£22k
↓ 55% YoY
Current Assets
£17k
↓ 24% YoY
Current Liabilities
£0£10k£20k£30k£40k£50kMar 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£22.4k£50.0k
Current assets£16.7k£22.0k
Net assets£22.4k£50.0k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-09-17
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-05-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-05-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-05-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-05-27
    ESHO, Oluwagbenga Ayoola resigned
    director
  14. 2022-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-09-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-09-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2021-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-11-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-11-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2016-12-01
    ESHO, Oluwagbenga Ayoola appointed
    director
  21. 2013-03-28
    ESHO, Oluwagbenga Ayoola resigned
    director
  22. 2012-06-25
    ESHO, Oluwagbenga Ayoola appointed
    director
  23. 2012-03-27
    ESHO, Oluwagbenga Ayoola resigned
    secretary
  24. 2007-12-17
    ESHO, Emily Adedunni appointed
    director
  25. 2007-12-17
    ESHO, Oluwagbenga Ayoola appointed
    secretary
  26. 2007-03-27
    🏢
    Company incorporated
    As AFROTRADE LIMITED
  27. 2007-03-27
    HCS SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  28. 2007-03-27
    HCS SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  29. 2007-03-27
    HANOVER DIRECTORS LIMITED appointed
    corporate-nominee-director
  30. 2007-03-27
    HANOVER DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 19 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Emily Adedunni Esho
Individual · British · DOB 10/1976 · age 50
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest30/05/2022
2 historic (ceased) PSCs
  • Mrs Emily Adedunni Eshoceased 30/05/2022· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
  • Mr Oluwagbenga Ayoola Eshoceased 27/05/2022· 25-50% shares · 25-50% voting · board control · significant influence · 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

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
Incorporated2007-03-27
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

46 Parham Drive, Gants Hill
Ilford
Essex
IG2 6NB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09

Officers (1 active · 5 resigned)

ESHO, Emily Adedunni
director · ~50y · appointed 2007-12-17
View their other companies + combined net worth →
Active
ESHO, Oluwagbenga Ayoola
secretary · appointed 2007-12-17 · resigned 2012-03-27
Resigned
HCS SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2007-03-27 · resigned 2007-03-27
Resigned
ESHO, Oluwagbenga Ayoola
director · ~54y · appointed 2016-12-01 · resigned 2022-05-27
Resigned
ESHO, Oluwagbenga Ayoola
director · ~54y · appointed 2012-06-25 · resigned 2013-03-28
Resigned
HANOVER DIRECTORS LIMITED
corporate-nominee-director · appointed 2007-03-27 · resigned 2007-03-27
Resigned

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

Recent filings (73 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-09-17
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-30
termination-director-company-with-name-termination-date
officers · TM01
2022-05-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-30