AAK INCORPORATED LIMITED

🏛️Establishedactive
11635759 · ltd · incorporated 2018-10-22
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£25.1k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46900Non-specialised wholesale trade
  • 62020Information technology consultancy activities
  • 68100Buying and selling of own real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £25,144

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£25k
Current Assets
£3k
Current Liabilities
£0£5k£10k£15k£20k£25kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£27.1k
Current assets£2.9k
Net assets£25.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-08-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2020-08-01
    KHAN, Abdul-Wasi appointed
    director
  8. 2020-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2020-06-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-10-22
    🏢
    Company incorporated
    As AAK INCORPORATED LIMITED
  13. 2018-10-22
    KHAN, Khalid appointed
    director
  14. 2018-10-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr Khalid Khan
Individual · British · DOB 10/1966 · age 60
sig. influencesignificant influence22/10/2018

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 →
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Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2018-10-22
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

14 Duchy Avenue
Fulwood
Preston
PR2 8DH
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (2 active · 0 resigned)

KHAN, Abdul-Wasi
director · ~25y · appointed 2020-08-01
View their other companies + combined net worth →
Active
KHAN, Khalid
director · ~60y · appointed 2018-10-22
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-21
appoint-person-director-company-with-name-date
officers · AP01
2020-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-19
change-account-reference-date-company-previous-extended
accounts · AA01
2020-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-28