AFRICA LOGISTIC SERVICES LTD
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2026-03-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-22➕OLIEH, Richard Chukwudubem appointeddirector
- 2024-08-22➖DEL CELO, Massimo resigneddirector
- 2024-08-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-22🔓Charge satisfied #1
- 2022-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-10-04📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-08-21🔒Charge registered #2Lender: Guaranty Trust Bank (UK) Limited
- 2010-09-01🔒Charge registered #1Lender: Berkeley Square Properties Limited
- 2010-03-16🏢Company incorporatedAs AFRICA LOGISTIC SERVICES LTD
- 2010-03-16➕DEL CELO, Massimo appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bashiru Ibrahim Individual · Nigerian · DOB 07/1976 · age 50 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/03/2026 |
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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|---|---|---|---|---|---|---|---|
| A.H.PARKER & SONS (GT.BRITAIN) LIMITED→ 00363912 · est 1940 · no financials extracted | — | — | — | — | 85y | — | — |
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| AESTHETICS BTX LTD→ 14774124 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AFRICAN SHADE LIMITED→ 05507088 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AFRISTAR BIO LIMITED→ 12125068 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AG HOUSEKEEPING LTD→ 12288080 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGENT BLACK & CO LTD→ 11472241 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AGORA ROCK LTD→ 16218990 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGS SW LIMITED→ 16574900 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AH ATELIER LTD→ 16949951 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Guaranty Trust Bank (UK) Guaranty Trust Bank (UK) Limited | A registered charge | 1 property | 21/08/2015 | — | |
| satisfied | Berkeley Square Properties Berkeley Square Properties Limited | Rent deposit deed | 1 property | 01/09/2010 | 22/11/2023 |