AFG DRIED FRUIT & NUTS LTD

💤Zombieactive
12001341 · ltd · incorporated 2019-05-17
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 May 2024
Net worth
£33.2k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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, 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
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £33,236

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£33k
↑ 41% YoY
Current Assets
£46k
↓ 3.7% YoY
Current Liabilities
£0£9k£19k£28k£38k£47kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£41.0k£38.1k
Current assets£45.5k£47.2k
Net assets£33.2k£23.6k

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 (20 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-01-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-01-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-12-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-10-17
    AHMADI, Ajmal appointed
    director
  12. 2019-10-17
    AKMAL, Nasim Bahar resigned
    director
  13. 2019-10-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2019-10-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-08-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-05-17
    🏢
    Company incorporated
    As AFG DRIED FRUIT & NUTS LTD
  19. 2019-05-17
    AKMAL, Nasim Bahar appointed
    director
  20. 2019-05-17
    📄
    incorporation-company
    incorporation · NEWINC

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 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ajmal Ahmadi
Individual · Dutch · DOB 04/1977 · age 49
75100%
75–100%75-100% shares · 75-100% voting17/10/2019
1 historic (ceased) PSC
  • Mrs Nasim Bahar Akmalceased 17/10/2019· 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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2019-05-17
Jurisdictionengland-wales
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

Unit 8 Camp Lane
Handsworth
Birmingham
West Midlands
B21 8JF
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17

Officers (1 active · 1 resigned)

AHMADI, Ajmal
director · ~49y · appointed 2019-10-17
View their other companies + combined net worth →
Active
AKMAL, Nasim Bahar
director · ~46y · appointed 2019-05-17 · resigned 2019-10-17
Resigned

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-31
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
gazette-notice-compulsory
gazette · GAZ1
2023-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-17