121 AIR-SEA CARGO LIMITED

💤Zombieactive
08449909 · ltd · incorporated 2013-03-18
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 Aug 2024
Net worth
£315.0k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 £315,043
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£291k
↓ 25% YoY
Net Worth
£315k
↑ 16% YoY
Current Assets
£649k
↑ 44% YoY
Current Liabilities
—
£0£130k£260k£390k£519k£649kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£336.6k£289.8k
Current assets£649.3k£452.3k
Cash£290.7k£386.0k
Debtors£358.7k£66.3k
Net assets£315.0k£272.6k

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-01-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2018-12-28
    ➕
    TAHIR, Faisal appointed
    secretary
  12. 2018-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-03-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2018-01-05
    ➖
    TAHIR, Faisal resigned
    secretary
  16. 2017-12-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2017-12-12
    ➕
    TAHIR, Faisal appointed
    secretary
  18. 2017-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2014-03-01
    ➖
    SARWAR, Mian Irfan resigned
    secretary
  20. 2014-02-01
    ➖
    TAHIR, Faisal resigned
    director
  21. 2013-03-18
    🏢
    Company incorporated
    As 121 AIR-SEA CARGO LIMITED
  22. 2013-03-18
    ➕
    SARWAR, Mian Irfan appointed
    director
  23. 2013-03-18
    ➕
    SARWAR, Mian Irfan appointed
    secretary
  24. 2013-03-18
    ➕
    TAHIR, Faisal appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 13 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 Mian Irfan Sarwar
Individual · British · DOB 03/1975 · age 51
75–100%
75–100%75-100% shares · 75-100% voting · firm interest06/04/2016

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 →

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12141205 · est 2019 · no financials extracted
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99LOGISTICS LTD→
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12712185 · est 2020 · no financials extracted
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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
Incorporated2013-03-18
Jurisdictionengland-wales
Primary SIC50200 — SIC 50200

Registered office

18-24 Brighton Road
South Croydon
CR2 6AA
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-01
Last: 2026-03-18

Officers (2 active · 3 resigned)

TAHIR, Faisal→
secretary · appointed 2018-12-28
View their other companies + combined net worth →
Active
SARWAR, Mian Irfan→
director · ~51y · appointed 2013-03-18
View their other companies + combined net worth →
Active
SARWAR, Mian Irfan→
secretary · appointed 2013-03-18 · resigned 2014-03-01
Resigned
TAHIR, Faisal→
secretary · appointed 2017-12-12 · resigned 2018-01-05
Resigned
TAHIR, Faisal→
director · ~50y · appointed 2013-03-18 · resigned 2014-02-01
Resigned

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

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-03