AINDERGROVE LIMITED

💤Zombieactive
06581470 · ltd · incorporated 2008-04-30
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 May 2025
Net worth
£-44.7k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). 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 16.2y

45/100
under pressure

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

  • · Oldest live charge is 16.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £44,686

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£45k
Current Assets
£6k
Current Liabilities
—
-£45k-£35k-£25k-£15k-£5k£6kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£-30.4k—
Current assets£5.5k—
Net assets£-44.7k—

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-12-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-05-17
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  11. 2018-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-02
    ➖
    PATEL, Indiraben Ravindra resigned
    secretary
  16. 2014-05-02
    ➖
    PATEL, Yogesh resigned
    director
  17. 2010-11-26
    ➖
    PATEL, Ravindra Raojibhai resigned
    director
  18. 2010-04-27
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  19. 2008-08-08
    ➕
    PATEL, Ravindra Raojibhai appointed
    director
  20. 2008-08-08
    ➕
    PATEL, Yogesh appointed
    director
  21. 2008-04-30
    🏢
    Company incorporated
    As AINDERGROVE LIMITED
  22. 2008-04-30
    ➕
    PATEL, Hitesh Kumar Raojibhai appointed
    director
  23. 2008-04-30
    ➕
    PATEL, Indiraben Ravindra appointed
    secretary

Owner dependency

100/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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 18 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 Hitesh Kumar Raojibhai Patel
Individual · British · DOB 04/1960 · age 66
25–50%
—25-50% shares30/04/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · SW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A K YOUSAF LTD→
13218572 · est 2021 · no financials extracted
————5y——
A.J. FAIRLEE LIMITED→
02071416 · est 1986 · no financials extracted
————39y——
AFGTRADERS LIMITED→
15492456 · est 2024 · no financials extracted
————2y——
AFTER BIRTH LONDON LTD→
15554940 · est 2024 · no financials extracted
————2y——
AGEMONO LTD→
14791166 · est 2023 · no financials extracted
————3y——
AGORA TECHNOLOGIES LTD→
13964190 · est 2022 · no financials extracted
————4y——
AIDMYHEARING LTD→
16729011 · est 2025 · no financials extracted
———————
AIRBON LTD→
13146144 · est 2021 · no financials extracted
————5y——
AIRLET ESSENTIALS LTD→
16942917 · est 2026 · no financials extracted
———————
AIRY MARY LIMITED→
08919238 · est 2014 · no financials extracted
————12y——
AJ BROTHERS FOOD & WINE LTD→
11239161 · est 2018 · no financials extracted
————8y——
AJ CORNER SHOP LTD→
16927814 · est 2025 · no financials extracted
———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2008-04-30
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

53 Sheen Lane
London
SW14 8AB

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-19
Last: 2026-05-05

Officers (1 active · 3 resigned)

PATEL, Hitesh Kumar Raojibhai→
director · ~66y · appointed 2008-04-30
View their other companies + combined net worth →
Active
PATEL, Indiraben Ravindra→
secretary · appointed 2008-04-30 · resigned 2014-05-02
Resigned
PATEL, Ravindra Raojibhai→
director · ~76y · appointed 2008-08-08 · resigned 2010-11-26
Resigned
PATEL, Yogesh→
director · ~69y · appointed 2008-08-08 · resigned 2014-05-02
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
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property27/04/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-account-reference-date-company-previous-extended
accounts · AA01
2021-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-31