AKSARAA SERVICE LIMITED

💤Zombieactive
11903702 · ltd · incorporated 2019-03-25
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
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Turnover
year to Mar 2025
Net worth
£2.1k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Retail sale of automotive fuel in specialised stores
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.6y

35/100
under pressure

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

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2,090
Net assets shrinking
Down £14,226 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↓ 87% YoY
Current Assets
£144k
↓ 23% YoY
Current Liabilities
£0£37k£74k£111k£148k£186kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£104.8k£149.8k
Current assets£143.7k£185.6k
Net assets£2.1k£16.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-10-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-10-25
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  9. 2022-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-07-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-03-25
    🏢
    Company incorporated
    As AKSARAA SERVICE LIMITED
  14. 2019-03-25
    JOSEPH, Suseelan appointed
    director
  15. 2019-03-25
    📄
    incorporation-company
    incorporation · NEWINC

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 7 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-07

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Asvini Suseelan
Individual · Sri Lankan · DOB 01/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting25/03/2019
Mr Suseelan Joseph
Individual · British · DOB 09/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/03/2019

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

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 →
🔒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
Incorporated2019-03-25
Jurisdictionengland-wales
Primary SIC47300 — Retail sale of automotive fuel in specialised stores

Registered office

Mfg Netherton Service Station
Halesowen Road
Netherton
Dudley
DY2 9PS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (1 active · 0 resigned)

JOSEPH, Suseelan
director · ~44y · appointed 2019-03-25
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property25/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-19
change-person-director-company-with-change-date
officers · CH01
2025-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25