ACE PARFUMS LIMITED
Opportunity 73/100 (strong), bankability 85/100. 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).
Refinance opportunity
3 live charges · oldest 7.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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 | 2025-03-23 | 2024-03-23 |
|---|---|---|
| Cash | £37.1k | £35.4k |
| Net assets | £537.0k | £265.5k |
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
- • 1 accounts
- • 3 mortgage
- • 1 accounts
- • 3 mortgage
- • 2 accounts
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2026-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-06-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-10🔓Charge satisfied #3
- 2026-06-10🔓Charge satisfied #2
- 2026-06-10🔓Charge satisfied #1
- 2026-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-19📄gazette-notice-compulsorygazette · GAZ1
- 2025-04-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-24📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-31➖GANDESHA, Hitesh resigneddirector
- 2023-12-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-07➕GANDESHA, Nishay appointeddirector
- 2022-03-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-08-28🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2019-04-04🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2019-04-04🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2014-12-23➖GANDESHA, Hitesh resignedsecretary
- 2014-01-15🏢Company incorporatedAs ACE PARFUMS LIMITED
- 2014-01-15➕GANDESHA, Hitesh appointedsecretary
- 2014-01-15➕GANDESHA, Hitesh 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.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sharmila Gandesha Individual · British · DOB 03/1967 · age 59 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 31/01/2024 |
Mr Nishay Gandesha Individual · British · DOB 07/1998 · age 28 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/01/2024 |
1 historic (ceased) PSC
- Mr Hitesh Gandeshaceased 31/01/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 28/08/2019 | 10/06/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/04/2019 | 10/06/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/04/2019 | 10/06/2026 |