AJP ASSOCIATES LTD
💤Zombieactive
12463771 · ltd · incorporated 2020-02-14
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 Mar 2025
Net worth
£-39.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (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: Cash flow review and working-capital discipline. Cash down -70% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
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
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £39,340
Net assets shrinking
Down £110,151 YoY
Cash draining
Cash down 70% YoY
Cash YoY
-70%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↓ 70% YoY
Net Worth
-£39k
↓ 156% YoY
Current Assets
£5k
↓ 87% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-39.3k | £70.8k |
| Current assets | £5.2k | £40.3k |
| Cash | £5.2k | £17.0k |
| Debtors | — | £17.7k |
| Net assets | £-39.3k | £70.8k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-08-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-06-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-14🏢Company incorporatedAs AJP ASSOCIATES LTD
- 2020-02-14➕RAKKAR, Amrik Singh appointeddirector
- 2020-02-14➕RAKKAR, Amrik Singh appointeddirector
- 2020-02-14➖RAKKAR, Amrik Singh resigneddirector
- 2020-02-14📄incorporation-companyincorporation · NEWINC
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Paramjit Rakkar Individual · Indian · DOB 01/1974 · age 52 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/05/2024 |
Mr Amrik Singh Rakkar Individual · British · DOB 05/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/02/2020 |
1 historic (ceased) PSC
- Mr Amrik Singh Rakkarceased 14/02/2020· 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 · Hospitality · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 71 LOUNGE LIMITED→ 16195796 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A L TAVERNS (WBY) LTD→ 15096260 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A L TAVERNS LIMITED→ 15052575 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AG FOODS ESSEX LTD→ 14238384 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AJAN 2026 LTD→ 17074781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AJF ESSEX LIMITED→ 10370895 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALB GREEK BITES LTD→ 15637286 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALBERT THAI FOOD LTD→ 10890070 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALBITA LTD→ 15255616 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALCHATTHA EXCELLENCY LTD→ 15349965 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALCHEMY LEIGH-ON-SEA LTD→ 12506320 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALFIE'S FISH-ON-SEA LTD→ 16172930 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2020-02-14
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
408 Whitmore Way
Basildon
SS14 2HB
England
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-27
Last: 2026-02-13
Officers (1 active · 1 resigned)
RAKKAR, Amrik Singh→
Activedirector · ~54y · appointed 2020-02-14
View their other companies + combined net worth →
RAKKAR, Amrik Singh→
Resigneddirector · ~52y · appointed 2020-02-14 · resigned 2020-02-14
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-30
change-account-reference-date-company-previous-extended
accounts · AA01
2022-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-17