AFROMART MINI MARKET LTD

💤Zombieactive
08981029 · ltd · incorporated 2014-04-07
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 Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Retail sale of fruit and vegetables in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47220Retail sale of meat and meat products in specialised stores
  • 47230SIC 47230
  • 47290Other retail sale of food in specialised stores
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

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, 4 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-09-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-04-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-05-31
    FRIMPONG, Perciss resigned
    secretary
  17. 2014-04-07
    🏢
    Company incorporated
    As AFROMART MINI MARKET LTD
  18. 2014-04-07
    APAU FRIMPONG, Edwin Kwadwo appointed
    director
  19. 2014-04-07
    FRIMPONG, Perciss appointed
    secretary

Owner dependency

83/100
Critical — business is the founder

The 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 59 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. 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 12 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
Edwin Kwadwo Apau Frimpong
Individual · British · DOB 03/1967 · age 59
75100%
75-100% shares12/04/2017

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

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
Incorporated2014-04-07
Jurisdictionengland-wales
Primary SIC47210 — Retail sale of fruit and vegetables in specialised stores

Registered office

178 Hertford Road
Enfield
Middlesex
EN3 5AZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (1 active · 1 resigned)

APAU FRIMPONG, Edwin Kwadwo
director · ~59y · appointed 2014-04-07
View their other companies + combined net worth →
Active
FRIMPONG, Perciss
secretary · appointed 2014-04-07 · resigned 2014-05-31
Resigned

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

Recent filings (29 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
gazette-notice-compulsory
gazette · GAZ1
2025-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31