AJAM MHA LIMITED

⚰️Wound downreceivership
08106795 · ltd · incorporated 2012-06-15
Investment thesis
Company receivership — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2021
Net worth
book net assets
Opportunity
34/100
Pass
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 34/100 (pass), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

9 live charges · 6 lenders · oldest 12.6y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 12.6 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (74/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2021-12-31
Average employees200

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 (50 events)Click to expand
  1. 2025-10-06
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  2. 2025-09-17
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  3. 2025-03-03
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  4. 2025-02-28
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  5. 2024-09-19
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  6. 2024-09-19
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · REC2
  7. 2024-05-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-03-15
    ABEDINZADEH, Mohamad Hossein resigned
    director
  10. 2023-12-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-08-30
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  13. 2023-08-30
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  14. 2023-06-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  15. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-06-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2022-05-25
    🔒
    Charge registered #9
    Lender: Together Commercial Finance Limited
  18. 2021-10-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-10-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2021-10-01
    🔓
    Charge satisfied #6
  22. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-09-27
    🔒
    Charge registered #8
    Lender: Investec Bank PLC
  24. 2021-09-27
    🔒
    Charge registered #7
    Lender: Investec Bank PLC
  25. 2021-06-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2021-04-15
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  27. 2021-04-15
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  28. 2018-07-18
    🔓
    Charge satisfied #5
  29. 2018-07-18
    🔓
    Charge satisfied #4
  30. 2018-03-28
    🔒
    Charge registered #6
    Lender: Qib (UK) PLC
  31. 2017-10-16
    KRIEGER, Geraldine Susan resigned
    secretary
  32. 2017-09-13
    RICHARDSON, Benjamin Matthew resigned
    director
  33. 2016-07-04
    🔒
    Charge registered #5
    Lender: Shawbrook Bank Limited
  34. 2016-02-23
    🔓
    Charge satisfied #3
  35. 2014-09-09
    🔒
    Charge registered #4
    Lender: Bridgeco Limited
  36. 2014-08-27
    🔓
    Charge satisfied #2
  37. 2014-08-27
    🔓
    Charge satisfied #1
  38. 2014-07-07
    RICHARDSON, Benjamin Matthew appointed
    director
  39. 2014-04-04
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  40. 2013-12-20
    🔒
    Charge registered #2
    Lender: West One Loan Limited
  41. 2013-12-20
    🔒
    Charge registered #1
    Lender: West One Loan Limited
  42. 2013-02-22
    MARGULIES, Charles Mark resigned
    director
  43. 2012-12-17
    MARGULIES, Charles Mark appointed
    director
  44. 2012-11-26
    HOLDER, Michael resigned
    director
  45. 2012-08-21
    TEHRANI, Shiva Hadjhassan appointed
    secretary
  46. 2012-08-21
    KRIEGER, Geraldine Susan appointed
    secretary
  47. 2012-06-20
    KRIEGER, John Norman appointed
    director
  48. 2012-06-20
    ABEDINZADEH, Mohamad Hossein appointed
    director
  49. 2012-06-15
    🏢
    Company incorporated
    As AJAM MHA LIMITED
  50. 2012-06-15
    HOLDER, Michael 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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

4 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-03-19

Confirmation statement overdue
high

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

Evidence: Next due: 2024-03-14

Company status: receivership
high

Company is in a formal insolvency or administration process. Treat accordingly.

8 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-10-06: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2025-09-17: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Norman Krieger
Individual · British · DOB 06/1947 · age 79
2550%
25–50%25-50% shares · 25-50% voting17/02/2018
6 historic (ceased) PSCs
  • Mr Mohamad Hossein Abedinzadehceased 15/03/2024· 25-50% voting
  • Mr Mohamad Hossein Abedinzadehceased 16/02/2018· 25-50% shares · 25-50% voting
  • Mr John Norman Kriegerceased 16/02/2018· 25-50% shares · 25-50% voting
  • Mr Benjamin Matthew Richardsonceased 31/08/2016· 25-50% shares · 25-50% voting
  • Mrs Shiva Hadjhassan Tehraniceased 16/02/2018· 25-50% shares · 25-50% voting
  • Mrs Geraldine Susan Kriegerceased 17/10/2017· 25-50% shares · 25-50% voting

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

14 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

Statusreceivership
Typeltd
Incorporated2012-06-15
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

30 Old Street Old Street
London
EC1V 9AB
England

Filing status

Accounts
Next due: 2024-03-19OVERDUE
Last made up to: 2021-12-31
Confirmation statement
Next due: 2024-03-14OVERDUE
Last: 2023-02-28

Officers (2 active · 5 resigned)

TEHRANI, Shiva Hadjhassan
secretary · appointed 2012-08-21
View their other companies + combined net worth →
Active
KRIEGER, John Norman
director · ~79y · appointed 2012-06-20
View their other companies + combined net worth →
Active
KRIEGER, Geraldine Susan
secretary · appointed 2012-08-21 · resigned 2017-10-16
Resigned
ABEDINZADEH, Mohamad Hossein
director · ~59y · appointed 2012-06-20 · resigned 2024-03-15
Resigned
HOLDER, Michael
director · ~65y · appointed 2012-06-15 · resigned 2012-11-26
Resigned
MARGULIES, Charles Mark
director · ~65y · appointed 2012-12-17 · resigned 2013-02-22
Resigned
RICHARDSON, Benjamin Matthew
director · ~51y · appointed 2014-07-07 · resigned 2017-09-13
Resigned

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

Mortgages & charges

9
Total charges
3
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property25/05/2022
outstanding
Investec Bank
Investec Bank PLC
A registered charge2 properties27/09/2021
outstanding
Investec Bank
Investec Bank PLC
A registered charge2 properties27/09/2021
satisfied
Qib (UK)
Qib (UK) PLC
A registered charge1 property28/03/201801/10/2021
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge1 property04/07/201618/07/2018
satisfied
Bridgeco
Bridgeco Limited
A registered charge1 property09/09/201418/07/2018
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge1 property04/04/201423/02/2016
satisfied
West One Loan
West One Loan Limited
A registered charge2 properties20/12/201327/08/2014
satisfied
West One Loan
West One Loan Limited
A registered charge2 properties20/12/201327/08/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-10-06
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-09-17
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-03-03
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2025-02-28
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2024-09-19
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · REC2
2024-09-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-28
termination-director-company-with-name-termination-date
officers · TM01
2024-03-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-14
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2023-08-30
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2023-08-30
change-sail-address-company-with-old-address-new-address
address · AD02
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28