AFRICA LOGISTIC SERVICES LTD

💤Zombieactive
07190798 · ltd · incorporated 2010-03-16
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 Dec 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.9y

30/100
under pressure

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

  • · Oldest live charge is 15.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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
1
filing
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-03-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-05-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-11-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-11-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-08-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-08-22
    OLIEH, Richard Chukwudubem appointed
    director
  11. 2024-08-22
    DEL CELO, Massimo resigned
    director
  12. 2024-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-08-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-08-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2023-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-11-22
    🔓
    Charge satisfied #1
  18. 2022-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2022-10-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2022-10-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2021-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2021-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2015-08-21
    🔒
    Charge registered #2
    Lender: Guaranty Trust Bank (UK) Limited
  24. 2010-09-01
    🔒
    Charge registered #1
    Lender: Berkeley Square Properties Limited
  25. 2010-03-16
    🏢
    Company incorporated
    As AFRICA LOGISTIC SERVICES LTD
  26. 2010-03-16
    DEL CELO, Massimo appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Bashiru Ibrahim
Individual · Nigerian · DOB 07/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/03/2026
3 historic (ceased) PSCs
  • Mr Adamu Atiku Abubakarceased 02/03/2026· 75-100% shares
  • Mr Richard Chukwudubem Oliehceased 22/11/2024· 75-100% shares · 75-100% voting
  • Mr Massimo Del Celoceased 22/08/2024· 75-100% shares · 75-100% voting

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

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16727292 · est 2025 · no financials extracted
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14774124 · est 2023 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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.

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Company details

Statusactive
Typeltd
Incorporated2010-03-16
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Leopold Court Flat 1
Princess Square
Esher
KT10 9BW
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-11
Last: 2026-04-27

Officers (1 active · 1 resigned)

OLIEH, Richard Chukwudubem
director · ~50y · appointed 2024-08-22
View their other companies + combined net worth →
Active
DEL CELO, Massimo
director · ~65y · appointed 2010-03-16 · resigned 2024-08-22
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Guaranty Trust Bank (UK)
Guaranty Trust Bank (UK) Limited
A registered charge1 property21/08/2015
satisfied
Berkeley Square Properties
Berkeley Square Properties Limited
Rent deposit deed1 property01/09/201022/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-13
accounts-with-accounts-type-dormant
accounts · AA
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-28
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-23
termination-director-company-with-name-termination-date
officers · TM01
2024-08-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-22
appoint-person-director-company-with-name-date
officers · AP01
2024-08-22