ARGANIC LTD
💤Zombieactive
07407465 · ltd · incorporated 2010-10-14
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 Oct 2024
Net worth
£-184.6k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 41). 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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 10.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 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 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £184,608
Cash YoY
+235%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£345
↑ 235% YoY
Net Worth
-£185k
↑ 14% YoY
Current Assets
£11k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-28.0k | £-25.2k |
| Current assets | £10.8k | £9.5k |
| Cash | £345 | £103 |
| Debtors | £1.7k | £1.0k |
| Net assets | £-184.6k | £-215.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (27 events)Click to expand
- 2025-04-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-13📄capital-allotment-sharescapital · SH01
- 2022-05-12📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2022-05-10📄capital-allotment-sharescapital · SH01
- 2022-02-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-16📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-10🔓Charge satisfied #2
- 2019-04-10🔓Charge satisfied #1
- 2019-01-29➖DAMLUJI, Hassan Mustapha Henry resigneddirector
- 2019-01-23➕DAMLUJI, Hassan Mustapha Henry appointeddirector
- 2016-06-27🔒Charge registered #2Lender: Hitachi Capital (UK) PLC
- 2015-09-09🔒Charge registered #1Lender: Hitachi Capital (UK) PLC
- 2010-10-14🏢Company incorporatedAs ARGANIC LTD
- 2010-10-14➕ELEMARA, Dana appointeddirector
Owner dependency
85/100
Critical — business is the founderThe 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.
Succession & seller-readiness
68/100
Strong succession signalMultiple 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Dana Elemara Individual · British · DOB 02/1985 · age 41 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. S. FRUIT & VEG LIMITED→ 07848451 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANJUMHABIB LTD→ 15600157 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARABIAN FABRIC UK LIMITED→ 17114030 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARCS STORE LIMITED→ 16195226 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AROMA ARABIAN LTD→ 16433973 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AROMA UM SOLUTIONS LTD→ 16564305 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARSEN GROUP LTD→ 13480148 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARSLAN MAZ TRADING LIMITED→ 15965129 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARTHUR BRETT CATERING LIMITED→ 00523477 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| ARTISAN BULK CO LTD→ 14478147 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARTVISE LTD→ 12731513 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARYA FRESH LTD→ 13773662 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2010-10-14
Jurisdictionengland-wales
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs
Registered office
17 Wigginton Road
Tamworth
Staffordshire
B79 8RH
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (1 active · 1 resigned)
ELEMARA, Dana→
Activedirector · ~41y · appointed 2010-10-14
View their other companies + combined net worth →
DAMLUJI, Hassan Mustapha Henry→
Resigneddirector · ~44y · appointed 2019-01-23 · resigned 2019-01-29
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Hitachi Capital (UK) Hitachi Capital (UK) PLC | A registered charge | 1 property | 27/06/2016 | 10/04/2019 | |
| satisfied | Hitachi Capital (UK) Hitachi Capital (UK) PLC | A registered charge | 1 property | 09/09/2015 | 10/04/2019 |
Recent filings (53 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-17
change-person-director-company-with-change-date
officers · CH01
2023-06-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-27
capital-allotment-shares
capital · SH01
2022-05-13
second-filing-capital-allotment-shares
capital · RP04SH01
2022-05-12
capital-allotment-shares
capital · SH01
2022-05-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-22