AKSHAR (N.E.) LTD
Opportunity 65/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 12.7y
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £20.0k | £49.2k |
| Current assets | £93.2k | £94.7k |
| Cash | £5.1k | £10.0k |
| Debtors | £70.1k | £52.0k |
| Net assets | £-17.9k | £624 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (21 events)Click to expand
- 2025-03-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-05-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2018-03-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2013-12-10➖PATEL, Daman resigneddirector
- 2013-09-02🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-06-13🏢Company incorporatedAs AKSHAR (N.E.) LTD
- 2013-06-13➕PATEL, Sandipkumar appointeddirector
- 2013-06-13➕PATEL, Daman appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sandipkumar Patel Individual · British · DOB 08/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2016 |
1 historic (ceased) PSC
- Mrs Daman Patelceased 25/02/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 02/09/2013 | — |