AJ PARTS UK LTD
- 47410Retail sale of computers, peripheral units and software in specialised stores
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| 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.
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
- • 2 address
- • 1 officers
- • 2 address
- • 1 officers
Corporate timeline (40 events)Click to expand
- 2026-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-03-04➕SANGHERA, Sariqbal Singh appointedsecretary
- 2020-03-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-03-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-02➖MATPLUS LIMITED resignedcorporate-secretary
- 2020-02-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2019-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-17📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2019-09-13➖SANGHERA, Sariqbal Singh resignedsecretary
- 2019-09-13➕MATPLUS LIMITED appointedcorporate-secretary
- 2019-09-13📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2019-09-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-06-23➕HANSPAL, Ajit appointeddirector
- 2015-06-23➖HANSPAL, Amarjeet Singh resigneddirector
- 2015-06-22🔓Charge satisfied #1
- 2014-12-08🔒Charge registered #2Lender: National Westminster Bank PLC
- 2013-07-01🔒Charge registered #1Lender: Rolta It LTD
- 2013-04-04➖HANSPAL, Amarjeet resignedsecretary
- 2013-04-04➕SANGHERA, Sariqbal Singh appointedsecretary
- 2013-04-04➖HANSPAL, Amerjeet Singh resigneddirector
- 2012-06-25➖HANSPAL, Ajit resigneddirector
- 2012-06-25➕HANSPAL, Amarjeet Singh appointeddirector
- 2012-06-21➕HANSPAL, Amerjeet Singh appointeddirector
- 2007-08-07➕HANSPAL, Amarjeet appointedsecretary
- 2007-08-07➕HANSPAL, Ajit appointeddirector
- 2007-08-05➖@UKPLC CLIENT SECRETARY LTD resignedcorporate-nominee-secretary
- 2007-08-05➖@UKPLC CLIENT DIRECTOR LTD resignedcorporate-nominee-director
- 2007-06-14🏢Company incorporatedAs AJ PARTS UK LTD
- 2007-06-14➕@UKPLC CLIENT SECRETARY LTD appointedcorporate-nominee-secretary
- 2007-06-14➕@UKPLC CLIENT DIRECTOR LTD appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ajit Hanspal Individual · British · DOB 12/1971 · age 55 | 75–100% | — | 75-100% shares | 01/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 08/12/2014 | — | |
| satisfied | Rolta It Rolta It LTD | A registered charge | — | 01/07/2013 | 22/06/2015 |