A&1 LTD

💤Zombieactive
12278258 · ltd · incorporated 2019-10-23
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 Oct 2024
Net worth
£-95.4k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 80/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.1y

35/100
under pressure

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

  • · Charge age ~4.1 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
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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £95,385
Cash YoY
+16%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£97k
↑ 16% YoY
Net Worth
-£95k
↑ 30% YoY
Current Assets
£119k
↑ 14% YoY
Current Liabilities
-£137k-£86k-£35k£17k£68k£119kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£37.9k£32.5k
Current assets£119.3k£105.0k
Cash£96.8k£83.5k
Net assets£-95.4k£-137.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-07-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-07-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-07-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-12-01
    MANAF, Abdul resigned
    director
  8. 2022-09-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-07-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-04-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-04-22
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  12. 2021-03-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-10-23
    🏢
    Company incorporated
    As A&1 LTD
  14. 2019-10-23
    KHAN, Irfan appointed
    director
  15. 2019-10-23
    MANAF, Abdul appointed
    director
  16. 2019-10-23
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Irfan Khan
Individual · British · DOB 11/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/10/2019
1 historic (ceased) PSC
  • Mr Abdul Manafceased 01/12/2022· 25-50% shares · 25-50% 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

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
Incorporated2019-10-23
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

179 High Street
Hounslow
TW3 1BL
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24

Officers (1 active · 1 resigned)

KHAN, Irfan
director · ~41y · appointed 2019-10-23
View their other companies + combined net worth →
Active
MANAF, Abdul
director · ~67y · appointed 2019-10-23 · resigned 2022-12-01
Resigned

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 property22/04/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-24
termination-director-company-with-name-termination-date
officers · TM01
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-23
accounts-with-accounts-type-dormant
accounts · AA
2022-07-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-dormant
accounts · AA
2021-03-09