AK CHARCOAL LTD

💤Zombieactive
11719302 · ltd · incorporated 2018-12-10
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
£-45.9k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 46719
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (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: Cash flow review and working-capital discipline. Cash down -81% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £45,920
Net assets shrinking
Down £61,255 YoY
Cash draining
Cash down 81% YoY
Cash YoY
-81%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 81% YoY
Net Worth
-£46k
↓ 399% YoY
Current Assets
£37k
↓ 57% YoY
Current Liabilities
-£46k-£20k£7k£33k£60k£86kDec 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£12.6k£55.8k
Current assets£36.7k£85.9k
Cash£6.7k£35.5k
Debtors£434
Net assets£-45.9k£15.3k

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
2
filings
  • 1 officers
  • 1 address
Last 90 days
6
filings
  • 4 address
  • 1 officers
  • 1 persons-with-significant-control
Last 180 days
7
filings
  • 4 address
  • 1 officers
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-07-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-04-22
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  5. 2026-04-22
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  6. 2026-04-22
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  7. 2025-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-09-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-03-02
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2020-09-01
    KURKMAS, Abdulmunem appointed
    director
  20. 2019-06-03
    ALDARWECH, Abdullah resigned
    director
  21. 2018-12-10
    🏢
    Company incorporated
    As AK CHARCOAL LTD
  22. 2018-12-10
    ALDARWECH, Abdullah appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Abdulmunem Kurkmas
Individual · British · DOB 02/1990 · age 36
75100%
75–100%75-100% shares · 75-100% voting01/09/2020
1 historic (ceased) PSC
  • Mr Abdullah Aldarwechceased 22/05/2019· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Wholesale & distribution · NE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A1 PRIME FOODS LTD
14526365 · est 2022 · no financials extracted
3y
ABERCROMBIES INTERIORS LTD
15442057 · est 2024 · no financials extracted
2y
AEROSPA TRAVEL LTD
12187140 · est 2019 · no financials extracted
6y
ALLIANCE FIXING SYSTEMS LIMITED
04495646 · est 2002 · no financials extracted
23y
AM B2C LIMITED
14583680 · est 2023 · no financials extracted
3y
AMARA BATHROOMS LTD
15766882 · est 2024 · no financials extracted
1y
AMBITE LTD
12721484 · est 2020 · no financials extracted
5y
AMORE COFFEE LIMITED
09527117 · est 2015 · no financials extracted
11y
AMS ELECTRICAL DISTRIBUTRS LIMITED
15725091 · est 2024 · no financials extracted
1y
AMZORA PREP SOLUTIONS LIMITED
17081230 · est 2026 · no financials extracted
ANCHOR VISION LTD
16879349 · est 2025 · no financials extracted
ANDERSON & GARLAND LIMITED
02717623 · est 1992 · no financials extracted
33y
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
Incorporated2018-12-10
Jurisdictionengland-wales
Primary SIC46719 — SIC 46719

Registered office

Unit 11a, Benton Business Park Bellway Industrial Estate
Whitley Road
Newcastle Upon Tyne
NE12 9SW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (1 active · 1 resigned)

KURKMAS, Abdulmunem
director · ~36y · appointed 2020-09-01
View their other companies + combined net worth →
Active
ALDARWECH, Abdullah
director · ~54y · appointed 2018-12-10 · resigned 2019-06-03
Resigned

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

Recent filings (33 total)

change-person-director-company-with-change-date
officers · CH01
2026-07-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-08
default-companies-house-service-address-applied-psc
address · RP10
2026-04-22
default-companies-house-service-address-applied-officer
address · RP09
2026-04-22
default-companies-house-registered-office-address-applied
address · RP05
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15