AVOCET HARDWARE (UK) LTD
💤Zombieactive
06650649 · ltd · incorporated 2008-07-18
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 2024
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 27/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 14.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
16 officers (2 active, 16 linked, 7 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-05-31 | 2023-05-31 |
|---|
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
2
filings
- • 1 dissolution
- • 1 gazette
Last 180 days
2
filings
- • 1 dissolution
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2026-05-20📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-04-28📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-06-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-05-31➕KAPOOR, Amit appointedsecretary
- 2023-05-31➖WELSH, Paula resignedsecretary
- 2023-05-15➕HS, Shivakumar appointeddirector
- 2023-05-15➖JAIN, Tinkle, Dr resigneddirector
- 2023-05-15➖SAIGAL, Sachin resigneddirector
- 2023-05-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-28➕WELSH, Paula appointedsecretary
- 2022-11-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-11-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-11-22➖ARCHER, Ruth resignedsecretary
- 2022-04-12📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-11➕ARCHER, Ruth appointedsecretary
- 2021-05-11➖JAIN, Tinkle, Dr resignedsecretary
- 2021-05-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-05-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-09-15📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2018-04-04➕JAIN, Tinkle, Dr appointedsecretary
- 2018-04-04➖RAINSDEN, Daniel resignedsecretary
- 2017-03-17➖LEE, Geoffrey resignedsecretary
- 2017-03-17➕RAINSDEN, Daniel appointedsecretary
- 2016-01-01➖NEGANDHI, Somil resigneddirector
- 2014-09-25🔒Charge registered #7Lender: Hsbc Asset Finance (UK) LTD
- 2013-07-19➕SAIGAL, Sachin appointeddirector
- 2012-11-23🔒Charge registered #6Lender: Hsbc Bank PLC
- 2012-10-22🔒Charge registered #5Lender: Hsbc Bank PLC
- 2012-08-24🔒Charge registered #4Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2012-08-24🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
- 2012-08-10🔒Charge registered #2Lender: Hsbc Bank PLC
- 2012-03-01➕NEGANDHI, Somil appointeddirector
- 2012-02-24➕LEE, Geoffrey appointedsecretary
- 2012-02-24➖ARIKRISHNAN, Janardhan resigneddirector
- 2012-02-24🔒Charge registered #1Lender: Avocet Hardware Limited (In Administration)
- 2012-02-23➕JAIN, Tinkle, Dr appointeddirector
- 2011-07-18➖LEE, Geoffrey resignedsecretary
- 2011-05-16➕ARIKRISHNAN, Janardhan appointeddirector
- 2011-05-16➖JAIN, Meenakshi resigneddirector
- 2009-08-26➕LEE, Geoffrey appointedsecretary
- 2009-03-12➖RAMAMOORTHY, Renganathan resigneddirector
- 2009-03-10➕JAIN, Meenakshi appointeddirector
Showing most recent 50 of 56 events
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
55/100
Strong succession signalMultiple 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 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-28
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-29
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Lakshmi Fibrelok Pvt Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lakshmi Fibrelok Pvt Ltd
Corporate parent · holds 75-100% shares · board control
⬇
AVOCET HARDWARE (UK) LTD
This company · 06650649
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lakshmi Fibrelok Pvt Ltd Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · HD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AB AQUATIC SUPPLIES LTD→ 12240278 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AYDIN TEXTILES UK LIMITED→ 10883793 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AZAM BROS LIMITED→ 02939198 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BARGAIN WAREHOUSE DEALS LTD→ 16850639 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BCF BOARDS LTD→ 15689823 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BDH COURIERS LIMITED→ 16284141 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BEAN BABA BREW LIMITED→ 16910842 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEEGRIP LTD→ 11000480 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BERTY'S BREWS LTD→ 14370264 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BH BEERS LIMITED→ 15744684 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BHULLAR TRADING LTD→ 09101538 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BI FA LIMITED→ 11540455 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2008-07-18
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740
Registered office
Avocet Hardware (Uk) Ltd Brookfoot Industrial Estate
Brookfoot
Brighouse
West Yorkshire
HD6 2RW
Filing status
Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15
Officers (2 active · 14 resigned)
Active
HS, Shivakumar→
Activedirector · ~50y · appointed 2023-05-15
View their other companies + combined net worth →
ARCHER, Ruth→
Resignedsecretary · appointed 2021-05-11 · resigned 2022-11-22
JAIN, Tinkle, Dr→
Resignedsecretary · appointed 2018-04-04 · resigned 2021-05-11
LEE, Geoffrey→
Resignedsecretary · appointed 2012-02-24 · resigned 2017-03-17
LEE, Geoffrey→
Resignedsecretary · appointed 2009-08-26 · resigned 2011-07-18
LEE, Geoffrey Yue Ting→
Resignedsecretary · appointed 2008-09-29 · resigned 2008-12-31
RAINSDEN, Daniel→
Resignedsecretary · appointed 2017-03-17 · resigned 2018-04-04
WELSH, Paula→
Resignedsecretary · appointed 2022-11-28 · resigned 2023-05-31
ARIKRISHNAN, Janardhan→
Resigneddirector · ~77y · appointed 2011-05-16 · resigned 2012-02-24
JAIN, Meenakshi→
Resigneddirector · ~70y · appointed 2009-03-10 · resigned 2011-05-16
JAIN, Tinkle, Dr→
Resigneddirector · ~40y · appointed 2012-02-23 · resigned 2023-05-15
NEGANDHI, Somil→
Resigneddirector · ~43y · appointed 2012-03-01 · resigned 2016-01-01
RAMAMOORTHY, Renganathan→
Resigneddirector · ~67y · appointed 2008-09-19 · resigned 2009-03-12
SAIGAL, Sachin→
Resigneddirector · ~48y · appointed 2013-07-19 · resigned 2023-05-15
BUSINESS INFORMATION RESEARCH & REPORTING LIMITED→
Resignedcorporate-director · appointed 2008-07-18 · resigned 2008-09-19
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Asset Finance (UK) LTD / Hsbc Equipment Finance (UK) LTD | A registered charge | 1 property | 25/09/2014 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 23/11/2012 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal assignment of contract monies | 1 property | 22/10/2012 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on purchased debts which fail to vest | 1 property | 24/08/2012 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Floating charge (all assets) | 1 property | 24/08/2012 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 10/08/2012 | — | |
| outstanding | Avocet Hardware (In Administration) Avocet Hardware Limited (In Administration) | Debenture | 1 property | 24/02/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (100 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-dormant
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-dormant
accounts · AA
2024-02-26
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-09
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
appoint-person-director-company-with-name-date
officers · AP01
2023-05-15
termination-director-company-with-name-termination-date
officers · TM01
2023-05-15
termination-director-company-with-name-termination-date
officers · TM01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
appoint-person-secretary-company-with-name-date
officers · AP03
2022-11-28
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-28