AASHRITHA LTD

💤Zombieactive
07254895 · ltd · incorporated 2010-05-17
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 2025
Net worth
£9.4k
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,416

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
~ YoY
Current Assets
Current Liabilities
£0£2k£4k£6k£8k£9kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£9.4k£9.4k
Debtors£9.1k£9.1k
Net assets£9.4k£9.4k

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
1
filing
  • 1 dissolution
Last 90 days
1
filing
  • 1 dissolution
Last 180 days
2
filings
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-06-04
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  2. 2026-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2019-12-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-06-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-02-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-05-17
    🏢
    Company incorporated
    As AASHRITHA LTD
  18. 2010-05-17
    PUSARLA, Anand appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

Multiple 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.
  • 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
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anand Pusarla
Individual · British · DOB 07/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest · firm interest30/06/2016

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

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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
Incorporated2010-05-17
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

67 Gleblands Avenue
Ilford
Essex
IG2 7LS

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-01OVERDUE
Last: 2025-05-18

Officers (1 active · 0 resigned)

PUSARLA, Anand
director · ~50y · appointed 2010-05-17
View their other companies + combined net worth →
Active

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

Recent filings (44 total)

dissolution-application-strike-off-company
dissolution · DS01
2026-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-12
change-person-director-company-with-change-date
officers · CH01
2019-12-10