AA TEXTILES LTD

💤Zombieactive
09876985 · ltd · incorporated 2015-11-18
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 Feb 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Wholesale of textiles
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. 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

1 live charge · oldest 9.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees100200

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-09-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-09-05
    RAHIM, Irfan Shahid appointed
    director
  10. 2023-09-05
    RAHIM, Nasir resigned
    director
  11. 2023-02-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-02-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-05-31
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  20. 2015-11-18
    🏢
    Company incorporated
    As AA TEXTILES LTD
  21. 2015-11-18
    RAHIM, Nasir appointed
    director
  22. 2015-11-18
    RAHIM, Nasir appointed
    director
  23. 2015-11-18
    RAHIM, Nasir resigned
    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

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
Mr Irfan Shahid Rahim
Individual · British · DOB 02/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/09/2023
1 historic (ceased) PSC
  • Mr Nasir Rahimceased 05/09/2023· 75-100% shares · 75-100% voting

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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14619195 · est 2023 · no financials extracted
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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
Incorporated2015-11-18
Jurisdictionengland-wales
Primary SIC46410 — Wholesale of textiles

Registered office

1 Kenwood Road
Stockport
SK5 6PH
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (1 active · 2 resigned)

RAHIM, Irfan Shahid
director · ~38y · appointed 2023-09-05
View their other companies + combined net worth →
Active
RAHIM, Nasir
director · ~59y · appointed 2015-11-18 · resigned 2023-09-05
Resigned
RAHIM, Nasir
director · ~50y · appointed 2015-11-18 · resigned 2015-11-18
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge31/05/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-20
appoint-person-director-company-with-name-date
officers · AP01
2023-09-13
termination-director-company-with-name-termination-date
officers · TM01
2023-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-13
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
gazette-notice-compulsory
gazette · GAZ1
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29