ASIMS CHEMIST LTD
Opportunity 71/100 (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: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 9.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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 | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £224.9k | £274.3k |
| Current assets | £915.5k | £798.5k |
| Cash | £33.2k | £72.0k |
| Debtors | £782.4k | £651.5k |
| Net assets | £91.9k | £132.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (23 events)Click to expand
- 2025-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-24📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-09-10📄gazette-notice-compulsorygazette · GAZ1
- 2024-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-12🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2020-02-12🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2019-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-15📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2017-07-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-01-31🔒Charge registered #1Lender: National Westminster Bank PLC
- 2016-06-21🏢Company incorporatedAs ASIMS CHEMIST LTD
- 2016-06-21➕ASIM, Mohammed appointedsecretary
- 2016-06-21➕ASIM, Mohammed appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ASIM" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-07-04
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Asim Individual · British · DOB 01/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 12/02/2020 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 12/02/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 31/01/2017 | — |