AKG TRADING (UK) LIMITED
🌳Matureactive
07105103 · ltd · incorporated 2009-12-15
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£927.4k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 23700
Sector: Manufacturing
ALSO REGISTERED FOR
- 23990SIC 23990
- 64999Financial intermediation not elsewhere classified
Investor take
Special-situation opportunityDistressed manufacturing with salvageable qualities — special-situations priority.
Opportunity 69/100 (strong), bankability 70/100. 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 -48% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · oldest 14.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £927,351
Net assets shrinking
Down £478,073 YoY
Cash draining
Cash down 48% YoY
Cash YoY
-48%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£154k
↓ 48% YoY
Net Worth
£927k
↓ 34% YoY
Current Assets
£1.1m
↓ 34% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.06M | £1.48M |
| Current assets | £1.07M | £1.62M |
| Cash | £153.9k | £296.5k |
| Debtors | £533.9k | £751.5k |
| Net assets | £927.4k | £1.41M |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-10-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-08📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-18📄capital-allotment-sharescapital · SH01
- 2024-09-30📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2024-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-20➖AKGERMAN, Oner resigneddirector
- 2023-09-29📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2023-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-23📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-11📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2021-06-22📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-18➖TAN, Asil resigneddirector
- 2018-07-16➖BILGET, Muhittin resigneddirector
- 2017-12-05🔒Charge registered #3Lender: Hsbc Bank PLC
- 2016-12-16➖MCS FORMATIONS LIMITED resignedcorporate-secretary
- 2012-04-11🔒Charge registered #2Lender: Hsbc Bank PLC
- 2012-03-22🔒Charge registered #1Lender: Hsbc Bank PLC
- 2009-12-15🏢Company incorporatedAs AKG TRADING (UK) LIMITED
- 2009-12-15➕AKGERMAN, Bulent appointeddirector
- 2009-12-15➕AKGERMAN, Levent appointeddirector
- 2009-12-15➕MCS FORMATIONS LIMITED appointedcorporate-secretary
- 2009-12-15➕AKGERMAN, Oner appointeddirector
- 2009-12-15➕BILGET, Muhittin appointeddirector
- 2009-12-15➕TAN, Asil appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
54/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-15
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Levent Akgerman Individual · British · DOB 03/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/07/2022 |
Mr Bulent Akgerman Individual · Turkish · DOB 05/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/07/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ALIMAK GROUP UK LTD→ 00930125 · est 1968 · no financials extracted | — | — | — | — | 58y | — | — |
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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
Incorporated2009-12-15
Jurisdictionengland-wales
Primary SIC23700 — SIC 23700
Registered office
Unit 12, Monarch Courtyard
Salthouse Road Brackmills Industrial Estate
Northampton
Northamptonshire
NN4 7BD
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-15OVERDUE
Last: 2025-05-01
Officers (2 active · 4 resigned)
AKGERMAN, Bulent→
Activedirector · ~57y · appointed 2009-12-15
View their other companies + combined net worth →
AKGERMAN, Levent→
Activedirector · ~51y · appointed 2009-12-15
View their other companies + combined net worth →
MCS FORMATIONS LIMITED→
Resignedcorporate-secretary · appointed 2009-12-15 · resigned 2016-12-16
AKGERMAN, Oner→
Resigneddirector · ~84y · appointed 2009-12-15 · resigned 2024-03-20
BILGET, Muhittin→
Resigneddirector · ~69y · appointed 2009-12-15 · resigned 2018-07-16
TAN, Asil→
Resigneddirector · ~53y · appointed 2009-12-15 · resigned 2019-10-18
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/12/2017 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 11/04/2012 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 22/03/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-08
change-person-director-company-with-change-date
officers · CH01
2025-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-30
capital-allotment-shares
capital · SH01
2025-03-18
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-10
termination-director-company-with-name-termination-date
officers · TM01
2024-03-25
accounts-with-accounts-type-audited-abridged
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-02
change-person-director-company-with-change-date
officers · CH01
2023-03-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-23
change-person-director-company-with-change-date
officers · CH01
2023-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-15