AK FORECOURTS LTD
Opportunity 66/100 (strong), bankability 57/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
7 live charges · 4 lenders · oldest 7.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|
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
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (29 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-19🔒Charge registered #7Lender: Lloyds Bank PLC ("the Bank")
- 2023-10-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-02🔓Charge satisfied #6
- 2023-10-02🔓Charge satisfied #5
- 2023-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-06📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-23🔒Charge registered #6Lender: Highway Investments Limited (08008763)
- 2022-03-21🔒Charge registered #5Lender: Highway Investments Limited
- 2021-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-08🔒Charge registered #4Lender: Lloyds Bank PLC
- 2020-04-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-31📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2019-06-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-13🔒Charge registered #3Lender: Lloyds Bank PLC
- 2019-06-13🔒Charge registered #2Lender: Lloyds Bank PLC
- 2019-06-13🔒Charge registered #1Lender: Lloyds Bank PLC
- 2018-05-01🏢Company incorporatedAs AK FORECOURTS LTD
- 2018-05-01➕KHOKHAR, Aamir 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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aamir Khokhar Individual · British · DOB 08/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/05/2018 |
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.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| AGU LIFESTYLE LTD→ 16839687 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AH DEALZ LTD→ 14877258 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AHMED GROCERIES LTD→ 16839380 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AHW COMMERCE LTD→ 14947070 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIG TRADES LTD→ 15715476 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIR & MARINE PRODUCTS LTD→ 08818039 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AIRSOFT FORGE LIMITED→ 10854174 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AISSAOUI HOLDING LTD→ 16787998 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJM FUNCTIONS LIMITED→ 16764690 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJWS-CARDS LTD→ 16841407 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AK RETAIL LTD→ 09513036 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AK RETAIL NORTH2 LIMITED→ 15710391 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC ("the Bank") | A registered charge | — | 19/10/2023 | — | |
| satisfied | Highway Investments (08008763) Highway Investments Limited (08008763) | A registered charge | 1 property | 23/03/2022 | 02/10/2023 | |
| satisfied | Highway Investments Highway Investments Limited | A registered charge | 1 property | 21/03/2022 | 02/10/2023 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/10/2020 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 13/06/2019 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 13/06/2019 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 13/06/2019 | — |