ASIAN BAKERS FG LTD
💤Zombieactive
08294489 · ltd · incorporated 2012-11-15
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 Nov 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 80/100. 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 12.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|
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
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-05-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-01-28📄gazette-notice-compulsorygazette · GAZ1
- 2024-05-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-17➖ASLAM, Mohammed resigneddirector
- 2020-06-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-09-25➕ASLAM, Mohammed appointeddirector
- 2013-09-25🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-02-25➕CHANDRAKUMAR, Joseph David appointeddirector
- 2013-02-25➖MUHAMMED, Naseem resigneddirector
- 2012-11-15🏢Company incorporatedAs ASIAN BAKERS FG LTD
- 2012-11-15➕MUHAMMED, Naseem appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Keerthana Iyer Balasubramaniam Individual · Indian · DOB 02/1998 · age 28 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/04/2026 |
Mr David Chandra Kumar Joseph Individual · British · DOB 05/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2017 |
1 historic (ceased) PSC
- Mr Mohammed Aslamceased 17/06/2020· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Food & drink · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGP FOODS LTD→ 12293922 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALBION TRADE GROUP LTD→ 16712960 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMC PHARMA LIMITED→ 07675886 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANT IMPEX LTD.→ 14662160 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APERTURE DRINKS LIMITED→ 16362426 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| APEX FOOD SOLUTIONS UK LTD→ 17028777 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARZU FOODS LTD→ 15895094 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASAL-KARAK LIMITED→ 16202713 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATLANTIC DISTRIBUTIONS LTD→ 11218451 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ATLAS & POOLE HOLDINGS LTD→ 16019336 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ATMIYA TIFFIN & CATERERS LIMITED→ 14540347 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AURIC WELLNESS LTD→ 17102528 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2012-11-15
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
302c Romford Road
London
E7 9HD
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (1 active · 2 resigned)
CHANDRAKUMAR, Joseph David→
Activedirector · ~62y · appointed 2013-02-25
View their other companies + combined net worth →
ASLAM, Mohammed→
Resigneddirector · ~66y · appointed 2013-09-25 · resigned 2020-06-17
MUHAMMED, Naseem→
Resigneddirector · ~69y · appointed 2012-11-15 · resigned 2013-02-25
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 25/09/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-02-13
gazette-notice-compulsory
gazette · GAZ1
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-31