AGI SOLICITORS LIMITED

💤Zombieactive
08540488 · ltd · incorporated 2013-05-22
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
£188.5k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £188,466
Net assets shrinking
Down £14,031 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£188k
↓ 6.9% YoY
Current Assets
£268k
↑ 22% YoY
Current Liabilities
£0£54k£107k£161k£214k£268kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£223.8k£240.2k
Current assets£268.0k£219.7k
Net assets£188.5k£202.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 miscellaneous
Last 90 days
1
filing
  • 1 miscellaneous
Last 180 days
1
filing
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-06-10
    📄
    legacy
    miscellaneous · RPCH01
  2. 2025-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-05-27
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  8. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-05-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2019-10-31
    AHMED, Ishthaiq resigned
    director
  11. 2019-09-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2019-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-07-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2014-05-01
    AHMED, Ishthaiq appointed
    director
  19. 2013-05-22
    🏢
    Company incorporated
    As AGI SOLICITORS LIMITED
  20. 2013-05-22
    IQBAL, Assim appointed
    secretary
  21. 2013-05-22
    IQBAL, Assim 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

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Assim Iqbal
Individual · British · DOB 12/1979 · age 47
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2013-05-22
Jurisdictionengland-wales
Primary SIC69102 — Solicitors

Registered office

29a Ardwick Green North
Manchester
M12 6DL
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-05OVERDUE
Last: 2025-05-22

Officers (2 active · 1 resigned)

IQBAL, Assim
secretary · appointed 2013-05-22
View their other companies + combined net worth →
Active
IQBAL, Assim
director · ~47y · appointed 2013-05-22
View their other companies + combined net worth →
Active
AHMED, Ishthaiq
director · ~44y · appointed 2014-05-01 · resigned 2019-10-31
Resigned

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

Recent filings (35 total)

legacy
miscellaneous · RPCH01
2026-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-03
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-26
termination-director-company-with-name-termination-date
officers · TM01
2020-05-26