AJ PARTS UK LTD

💤Zombieactive
06279780 · ltd · incorporated 2007-06-14
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
£177.2k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Wholesale of computers, computer peripheral equipment and software
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47410Retail sale of computers, peripheral units and software in specialised stores
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.9y

30/100
under pressure

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

  • · Oldest live charge is 12.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 4 with DOB)
78
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
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £177,225
Net assets shrinking
Down £63,831 YoY
Cash draining
Cash down 44% YoY
Cash YoY
-44%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£348k
↓ 44% YoY
Net Worth
£177k
↓ 26% YoY
Current Assets
£1.9m
↑ 16% YoY
Current Liabilities
£0£376k£751k£1.1m£1.5m£1.9mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£222.6k£295.7k
Current assets£1.88M£1.62M
Cash£348.1k£621.9k
Debtors£829.5k£575.9k
Net assets£177.2k£241.1k

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
3
filings
  • 2 address
  • 1 officers
Last 180 days
3
filings
  • 2 address
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2020-03-04
    SANGHERA, Sariqbal Singh appointed
    secretary
  13. 2020-03-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-03-02
    MATPLUS LIMITED resigned
    corporate-secretary
  16. 2020-02-27
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2019-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-09-17
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  19. 2019-09-13
    SANGHERA, Sariqbal Singh resigned
    secretary
  20. 2019-09-13
    MATPLUS LIMITED appointed
    corporate-secretary
  21. 2019-09-13
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  22. 2019-09-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  23. 2015-06-23
    HANSPAL, Ajit appointed
    director
  24. 2015-06-23
    HANSPAL, Amarjeet Singh resigned
    director
  25. 2015-06-22
    🔓
    Charge satisfied #1
  26. 2014-12-08
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  27. 2013-07-01
    🔒
    Charge registered #1
    Lender: Rolta It LTD
  28. 2013-04-04
    HANSPAL, Amarjeet resigned
    secretary
  29. 2013-04-04
    SANGHERA, Sariqbal Singh appointed
    secretary
  30. 2013-04-04
    HANSPAL, Amerjeet Singh resigned
    director
  31. 2012-06-25
    HANSPAL, Ajit resigned
    director
  32. 2012-06-25
    HANSPAL, Amarjeet Singh appointed
    director
  33. 2012-06-21
    HANSPAL, Amerjeet Singh appointed
    director
  34. 2007-08-07
    HANSPAL, Amarjeet appointed
    secretary
  35. 2007-08-07
    HANSPAL, Ajit appointed
    director
  36. 2007-08-05
    @UKPLC CLIENT SECRETARY LTD resigned
    corporate-nominee-secretary
  37. 2007-08-05
    @UKPLC CLIENT DIRECTOR LTD resigned
    corporate-nominee-director
  38. 2007-06-14
    🏢
    Company incorporated
    As AJ PARTS UK LTD
  39. 2007-06-14
    @UKPLC CLIENT SECRETARY LTD appointed
    corporate-nominee-secretary
  40. 2007-06-14
    @UKPLC CLIENT DIRECTOR LTD 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

60/100
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 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ajit Hanspal
Individual · British · DOB 12/1971 · age 55
75100%
75-100% shares01/02/2017

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
Incorporated2007-06-14
Jurisdictionengland-wales
Primary SIC46510 — Wholesale of computers, computer peripheral equipment and software

Registered office

Unit 3 Chancery Gate Industrial Estate Horton Close
Yiewsley
West Drayton
UB7 8EW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01

Officers (2 active · 8 resigned)

SANGHERA, Sariqbal Singh
secretary · appointed 2020-03-04
View their other companies + combined net worth →
Active
HANSPAL, Ajit
director · ~55y · appointed 2015-06-23
View their other companies + combined net worth →
Active
HANSPAL, Amarjeet
secretary · appointed 2007-08-07 · resigned 2013-04-04
Resigned
SANGHERA, Sariqbal Singh
secretary · appointed 2013-04-04 · resigned 2019-09-13
Resigned
@UKPLC CLIENT SECRETARY LTD
corporate-nominee-secretary · appointed 2007-06-14 · resigned 2007-08-05
Resigned
MATPLUS LIMITED
corporate-secretary · appointed 2019-09-13 · resigned 2020-03-02
Resigned
HANSPAL, Ajit
director · ~55y · appointed 2007-08-07 · resigned 2012-06-25
Resigned
HANSPAL, Amarjeet Singh
director · ~50y · appointed 2012-06-25 · resigned 2015-06-23
Resigned
HANSPAL, Amerjeet Singh
director · ~50y · appointed 2012-06-21 · resigned 2013-04-04
Resigned
@UKPLC CLIENT DIRECTOR LTD
corporate-nominee-director · appointed 2007-06-14 · resigned 2007-08-05
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge08/12/2014
satisfied
Rolta It
Rolta It LTD
A registered charge01/07/201322/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-03
change-person-director-company-with-change-date
officers · CH01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-20