06856770 LIMITED
- 46900Non-specialised wholesale trade
- 70229Management consultancy activities other than financial management
Opportunity 33/100 (pass), bankability 20/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2023-03-31 | 2022-03-31 |
|---|---|---|
| Total assets | £116.5k | £46.8k |
| Current assets | £68.6k | £31.9k |
| Net assets | £109.8k | £44.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 insolvency
- • 1 insolvency
Corporate timeline (34 events)Click to expand
- 2026-03-10⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2025-10-14📄restoration-order-of-courtrestoration · AC92
- 2025-10-14✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-05-20📄gazette-dissolved-compulsorygazette · GAZ2
- 2025-03-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-09-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-24➕PATEL, Iqbal appointeddirector
- 2024-04-24➖PATEL, Iqbal resigneddirector
- 2024-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-10➕GAMBLE, Kevin appointeddirector
- 2024-01-10➖GAMBLE, Kevin resigneddirector
- 2023-09-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-05-23➖AHMAD, Syma, Ms. resigneddirector
- 2020-05-22➖AHMAD, Sabina resignedsecretary
- 2020-01-30➕PATEL, Iqbal appointeddirector
- 2009-03-24🏢Company incorporatedAs 06856770 LIMITED
- 2009-03-24➕AHMAD, Sabina appointedsecretary
- 2009-03-24➕OCS CORPORATE SECRETARIES LIMITED appointedcorporate-secretary
- 2009-03-24➖OCS CORPORATE SECRETARIES LIMITED resignedcorporate-secretary
- 2009-03-24➕AHMAD, Syma, Ms. appointeddirector
- 2009-03-24➕GILBURT, Lee Christopher appointeddirector
- 2009-03-24➖GILBURT, Lee Christopher resigneddirector
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.
- +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.
Red flags
4 high · 1 med ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-12-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-09-15
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-03-10: liquidation-compulsory-winding-up-order
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-10-14: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iqbal Patel Individual · British · DOB 07/1968 · age 58 | 75–100% | — | 75-100% shares | 24/04/2024 |
3 historic (ceased) PSCs
- Mr Kevin Gambleceased 10/01/2024· 75-100% shares · 75-100% voting · board control · firm interest
- Mr Iqbal Patelceased 10/01/2024· 75-100% shares
- Mrs Syma Ahmadceased 30/01/2020· 75-100% shares
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.
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12 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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Registered office
Filing status
Officers (1 active · 6 resigned)
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