ALMET TRADING UK LIMITED

💤Zombieactive
11112117 · ltd · incorporated 2017-12-14
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 Dec 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 46120
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46720SIC 46720
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 1.1y

0/100
under pressure

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

  • · Newest facility, 1.1 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
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£954k£1.9m£2.9m£3.8m£4.8mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£770.8k
Current assets£4.77M
Cash£96.2k
Debtors£2.02M
Net assets£491.9k

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
1
filing
  • 1 mortgage
Last 90 days
4
filings
  • 1 mortgage
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
8
filings
  • 3 persons-with-significant-control
  • 2 mortgage
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-07-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-06-26
    🔒
    Charge registered #3
    Lender: Ihc Private Credit, Inc.
  3. 2026-05-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2026-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2026-03-31
    🔒
    Charge registered #2
    Lender: Ihc Private Credit, Inc. as Lender
  8. 2026-03-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2026-03-10
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  10. 2025-12-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2025-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-06-24
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  13. 2025-02-04
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  14. 2025-02-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-05-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2021-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-12-14
    🏢
    Company incorporated
    As ALMET TRADING UK LIMITED
  23. 2017-12-14
    JAMALLI, Elvin appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 Shirin Jamalli
Individual · Azerbaijani · DOB 07/1990 · age 36
75100%
75–100%75-100% shares · 75-100% voting05/03/2026
2 historic (ceased) PSCs
  • Mr. Shirin Jamalliceased 11/01/2021· 75-100% shares · firm interest
  • Mr Elvin Jamalliceased 11/01/2018· 75-100% shares · 75-100% voting · board control

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

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 →
🔒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
Incorporated2017-12-14
Jurisdictionengland-wales
Primary SIC46120 — SIC 46120

Registered office

Lu.115 The Light Bulb
1 Filament Walk
London
Greater London
SW18 4GQ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10

Officers (1 active · 0 resigned)

JAMALLI, Elvin
director · ~34y · appointed 2017-12-14
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Ihc Private Credit, .
Ihc Private Credit, Inc.
A registered charge26/06/2026
outstanding
Ihc Private Credit, . as Lender
Ihc Private Credit, Inc. as Lender
A registered charge31/03/2026
outstanding
The Governor and Company of the Bank of Ireland
A registered charge24/06/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-12
change-person-director-company-with-change-date
officers · CH01
2026-05-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-10
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-03-10
accounts-with-accounts-type-small
accounts · AA
2025-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-31