AFRICARGOUK LTD
💤Zombieactive
12160272 · ltd · incorporated 2019-08-16
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 Jul 2024
Net worth
£158.8k
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 50400SIC 50400
Investor take
Special-situation opportunityDistressed automotive 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, 2 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 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 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 declaredPositive net assets
Net assets £158,846
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£159k
↑ 600% YoY
Current Assets
£146k
↑ 705% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £158.8k | £-31.8k |
| Current assets | £145.8k | £18.1k |
| Net assets | £158.8k | £-31.8k |
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 (24 events)Click to expand
- 2025-11-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-11-04📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-24📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-01📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-01-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-11-05📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-31➖ADELEYE, Philip Olusegun resigneddirector
- 2021-12-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-06➕ADELEYE, Philip Olusegun appointeddirector
- 2021-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-16🏢Company incorporatedAs AFRICARGOUK LTD
- 2019-08-16➕OLADIMEJI, Olumide Olamilekan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Olumide Olamilekan Oladimeji Individual · Nigerian · DOB 02/1979 · age 47 | 75–100% | — | 75-100% shares | 31/12/2021 |
2 historic (ceased) PSCs
- Mr Philip Adeleyeceased 31/12/2021· 75-100% shares · 75-100% voting · board control
- Mr Olumide Olamilekan Oladimejiceased 06/10/2021· 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.
Similar companies
Active · Automotive · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST STOP MOT CARDIFF LTD→ 11597146 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3M TINTS LTD→ 16525466 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.S.OCKWELL LIMITED→ 00558247 · est 1955 · no financials extracted | — | — | — | — | 70y | — | — |
| AB PRESTIGE LIMITED→ 16954296 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACE MOT STATION LIMITED→ 09228250 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACH CARDIFF LTD→ 12501034 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AGRICOM2024 LTD→ 15917821 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEXANDER & PARSONS LIMITED→ 01112765 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| AMERICAN CARS UK LIMITED→ 11992202 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| APEX MOTORS CARDIFF LTD→ 15797556 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APEX MOTOS LIMITED→ 15779354 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APEX TYRES LTD→ 15671571 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →🔒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
Incorporated2019-08-16
Jurisdictionwales
Primary SIC45112 — SIC 45112
Registered office
93 Ffordd Y Friallen
Llantwit Fardre
Pontypridd
CF38 2FH
Wales
Filing status
Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15
Officers (1 active · 1 resigned)
OLADIMEJI, Olumide Olamilekan→
Activedirector · ~47y · appointed 2019-08-16
View their other companies + combined net worth →
ADELEYE, Philip Olusegun→
Resigneddirector · ~65y · appointed 2021-10-06 · resigned 2021-12-31
Click a director name to see their full track record across all companies.
Recent filings (28 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-16
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-23
gazette-notice-compulsory
gazette · GAZ1
2025-07-01
gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-12-11
gazette-notice-compulsory
gazette · GAZ1
2024-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-22