AK WEALTH MANAGEMENT LIMITED

💤Zombieactive
07863557 · ltd · incorporated 2011-11-29
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
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Turnover
year to May 2024
Net worth
£15.3k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 66290Other activities auxiliary to insurance and pension funding
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: strategic trade sale (65/100).

Data confidence

Overall: high (81/100)

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
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
5 connected companies via shared directors
60
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £15,337

Key financials

2 years extracted from filed iXBRL accounts
Cash
£869
Net Worth
£15k
Current Assets
£41k
Current Liabilities
£0£8k£17k£25k£33k£41kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31
Total assets£15.6k
Current assets£41.4k
Cash£869
Debtors£19.0k
Net assets£15.3k

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 (18 events)Click to expand
  1. 2025-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-17
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2021-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2020-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-06-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-03-31
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-01-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2019-01-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2011-11-29
    🏢
    Company incorporated
    As AK WEALTH MANAGEMENT LIMITED
  18. 2011-11-29
    DEVANI, Chirag Bhailal appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
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 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Chirag Bhailal Devani
Individual · British · DOB 07/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2011-11-29
Jurisdictionengland-wales
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

Pure Offices
Plato Close
Leamington Spa
Warwickshire
CV34 6WE
United Kingdom

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14

Officers (1 active · 0 resigned)

DEVANI, Chirag Bhailal
director · ~41y · appointed 2011-11-29
View their other companies + combined net worth →
Active

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

Recent filings (42 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-20
certificate-change-of-name-company
change-of-name · CERTNM
2022-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-03
change-person-director-company-with-change-date
officers · CH01
2020-06-03