ASSONGU TRADINGS LTD
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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.
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 | 2025-01-31 | 2024-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (16 events)Click to expand
- 2025-10-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-05-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-04-05📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-17🏢Company incorporatedAs ASSONGU TRADINGS LTD
- 2019-01-17➕ASSONGU, Jerry appointedsecretary
- 2019-01-17➕ASSONGU, Jerry appointeddirector
- 2019-01-17📄incorporation-companyincorporation · NEWINC
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 "ASSONGU" — strong identity link between founder and business.
- +No director turnover: Company is 7 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jerry Assongu Individual · Cameroonian · DOB 10/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 17/01/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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.
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Registered office
Filing status
Officers (2 active · 0 resigned)
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