ARGAN VANITY LTD

💤Zombieactive
09014312 · ltd · incorporated 2014-04-28
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 Jul 2024
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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 (78/100)

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-29
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  7. 2020-09-08
    AKRAM, Zahil resigned
    director
  8. 2020-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-09-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-09-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2020-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-01-02
    SHAH, Syed Nasir Ali appointed
    director
  15. 2018-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-01-28
    KARIM, Waseem resigned
    director
  19. 2015-01-01
    MANZOOR, Khizer resigned
    director
  20. 2014-04-28
    🏢
    Company incorporated
    As ARGAN VANITY LTD
  21. 2014-04-28
    AKRAM, Zahil appointed
    director
  22. 2014-04-28
    KARIM, Waseem appointed
    director
  23. 2014-04-28
    MANZOOR, Khizer 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

45/100
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.

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: 2026-06-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Syed Nasir Ali Shah
Individual · British · DOB 12/1985 · age 41
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest02/01/2020
1 historic (ceased) PSC
  • Mr Zahil Akramceased 08/09/2020· 50-75% shares

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 →
🔒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
Incorporated2014-04-28
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

39 Windermere Crescent
Luton
LU3 2PR
England

Filing status

Accounts
Next due: 2026-07-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-06-19OVERDUE
Last: 2025-06-05

Officers (1 active · 3 resigned)

SHAH, Syed Nasir Ali
director · ~41y · appointed 2020-01-02
View their other companies + combined net worth →
Active
AKRAM, Zahil
director · ~46y · appointed 2014-04-28 · resigned 2020-09-08
Resigned
KARIM, Waseem
director · ~45y · appointed 2014-04-28 · resigned 2016-01-28
Resigned
MANZOOR, Khizer
director · ~45y · appointed 2014-04-28 · resigned 2015-01-01
Resigned

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

Recent filings (31 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
change-account-reference-date-company-current-extended
accounts · AA01
2021-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-09-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-09-08
appoint-person-director-company-with-name-date
officers · AP01
2020-09-08