ASCENDUX LIMITED
💤Zombieactive
10123317 · ltd · incorporated 2016-04-14
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
£-35.8k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 51210
Sector: Transportation & storage
ALSO REGISTERED FOR
- 52242SIC 52242
- 52290Other transportation support activities
- 53202Unlicenced Carrier
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (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: distressed disposal / insolvency (65/100).
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, 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
7 officers (1 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
74
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £35,802
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£36k
Current Assets
£15k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £6.8k | — |
| Current assets | £14.9k | — |
| Net assets | £-35.8k | — |
| Average employees | — | 100 |
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
3
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 address
Last 180 days
3
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-06-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2026-06-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-23✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-10-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-21➕PATEL, Riaenkkumar Mahendrabhai appointeddirector
- 2024-10-21➖CARSANE, Amrutlal resigneddirector
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-18✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-05-10➕CARSANE, Amrutlal appointeddirector
- 2023-05-10➖CHAUHAN, Shabnambanu Abbasbhai resigneddirector
- 2023-05-10➖MODI, Nishant Shashikant resigneddirector
- 2023-05-10➖RATHNAYAKA MUDIYANSELAGE, Sasanka Jagath Bandara Siriwardan resigneddirector
- 2023-05-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-11➕CHAUHAN, Shabnambanu Abbasbhai appointeddirector
- 2022-05-01➖PATEL, Shanikumar Pravinbhai resigneddirector
- 2022-05-01➕RATHNAYAKA MUDIYANSELAGE, Sasanka Jagath Bandara Siriwardan appointeddirector
- 2019-05-16➕MODI, Nishant Shashikant appointeddirector
- 2016-11-27➖UPADHYAY, Badri Parshad resigneddirector
- 2016-04-14🏢Company incorporatedAs ASCENDUX LIMITED
- 2016-04-14➕PATEL, Shanikumar Pravinbhai appointeddirector
- 2016-04-14➕UPADHYAY, Badri Parshad appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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 med · 1 lowName changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-10-23: certificate-change-of-name-company
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Riaenkkumar Mahendrabhai Patel Individual · Indian · DOB 05/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/10/2024 |
3 historic (ceased) PSCs
- Mr Amrutlal Carsaneceased 21/10/2024· 75-100% shares
- Mr Sasanka Jagath Bandara Siriwardan Rathnayaka Mudiyanselageceased 10/05/2023· significant influence
- Mr Shanikumar Pravinbhai Patelceased 01/05/2022· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A M COURIERS & LOGISTICS LTD→ 16513515 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANAMAR LIMITED→ 04607766 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ANDRZEJ TRANSPORT LONDON LTD→ 11212776 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ANGURA TRADE & COURIER SERVICES LTD→ 16160044 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANYDAYSOON LTD→ 12405457 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AONDOVER INVESTMENT LIMITED→ 10966208 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AP BG COURIER LTD→ 12628885 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APIBRIGHT LTD→ 17125236 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARAM TRANSPORT LTD→ 16927951 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARDIC LOGISTICS LIMITED→ 15165463 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARDMORE CONSTRUCTION SUBCONTRACTORS LIMITED→ 15481629 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARES SHIPPING LTD→ 11391180 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2016-04-14
Jurisdictionengland-wales
Primary SIC51210 — SIC 51210
Registered office
32-33 Upper Street
London
N1 0PN
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13
Officers (1 active · 6 resigned)
PATEL, Riaenkkumar Mahendrabhai→
Activedirector · ~38y · appointed 2024-10-21
View their other companies + combined net worth →
CARSANE, Amrutlal→
Resigneddirector · ~43y · appointed 2023-05-10 · resigned 2024-10-21
CHAUHAN, Shabnambanu Abbasbhai→
Resigneddirector · ~40y · appointed 2023-03-11 · resigned 2023-05-10
MODI, Nishant Shashikant→
Resigneddirector · ~39y · appointed 2019-05-16 · resigned 2023-05-10
PATEL, Shanikumar Pravinbhai→
Resigneddirector · ~41y · appointed 2016-04-14 · resigned 2022-05-01
RATHNAYAKA MUDIYANSELAGE, Sasanka Jagath Bandara Siriwardan→
Resigneddirector · ~45y · appointed 2022-05-01 · resigned 2023-05-10
UPADHYAY, Badri Parshad→
Resigneddirector · ~58y · appointed 2016-04-14 · resigned 2016-11-27
Click a director name to see their full track record across all companies.
Recent filings (57 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-08
change-person-director-company-with-change-date
officers · CH01
2026-06-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-14
change-person-director-company-with-change-date
officers · CH01
2025-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-05
change-person-director-company-with-change-date
officers · CH01
2025-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-23
termination-director-company-with-name-termination-date
officers · TM01
2024-10-22
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22