AWAIS KNITWEAR LIMITED
Opportunity 73/100 (strong), bankability 70/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 11.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | — | £95.5k |
| Current assets | — | £3.8k |
| Net assets | — | £130.2k |
| Average employees | 100 | — |
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
- • 1 dissolution
- • 1 gazette
- • 1 dissolution
- • 1 gazette
Corporate timeline (26 events)Click to expand
- 2026-05-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-04-21📄gazette-notice-compulsorygazette · GAZ1
- 2025-12-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-18📄gazette-notice-compulsorygazette · GAZ1
- 2024-11-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-11-19📄gazette-notice-compulsorygazette · GAZ1
- 2024-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-14📄gazette-notice-compulsorygazette · GAZ1
- 2022-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-16📄gazette-notice-compulsorygazette · GAZ1
- 2020-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-08-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-08-30➕AHMED, Najma appointedsecretary
- 2007-08-30➕AHMAD, Shakeel appointeddirector
- 2007-08-28🏢Company incorporatedAs AWAIS KNITWEAR LIMITED
- 2007-08-28➕HCS SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2007-08-28➖HCS SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2007-08-28➕HANOVER DIRECTORS LIMITED appointedcorporate-nominee-director
- 2007-08-28➖HANOVER DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. 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 19 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.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-09-11
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shakeel Ahmad Individual · British · DOB 06/1968 · age 58 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AUXANO TECHNOLOGIES LIMITED→ 06959111 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AVOCA INDUSTRIAL TECHNICAL TEXTILES LIMITED→ 03792415 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AWARD MAKER STUDIO LTD→ 16986107 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AYA GOLD LTD→ 15391189 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AYAAN TEXTILES LTD→ 16406456 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AYRES VIOLINS LIMITED→ 08282730 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BABEGUY LTD→ 16677136 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BABES THAT BUDGET SHOP LTD→ 15040568 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BABLIE LONDON LTD→ 16634639 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BACK2BATH LIMITED→ 08712117 · est 2013 | — | — | — | 0 | 12y | — | — |
| BAILEY INSTRUMENTS LTD→ 02332419 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| BALL & YOUNG LIMITED→ 00901282 · est 1967 · no financials extracted | — | — | — | — | 59y | — | — |
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 →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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 27/08/2014 | — |