AFH ACCOUNTANTS & CO (MRC) LTD

💤Zombieactive
12700428 · ltd · incorporated 2020-06-26
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 Jun 2024
Net worth
£18
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 69203Tax consultancy
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 58/100 (worth a look), bankability 45/100. 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 (53/100). Current lenders should be on monthly review.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £18

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£18
Current Assets
Current Liabilities
£0£4£7£11£14£18Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£18
Net assets£18

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-06-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-28
    ALGOHAR, Amar appointed
    director
  4. 2025-04-28
    HAMAYOUN, Zain resigned
    director
  5. 2025-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-04-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-11-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-11-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-11-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-11-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2021-11-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-11-25
    HAMAYOUN, Ariba resigned
    secretary
  19. 2021-11-25
    HAMAYOUN, Ariba resigned
    director
  20. 2021-11-25
    HAMAYOUN, Zain appointed
    director
  21. 2020-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2020-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-06-26
    🏢
    Company incorporated
    As AFH ACCOUNTANTS & CO (MRC) LTD
  24. 2020-06-26
    HAMAYOUN, Ariba appointed
    secretary
  25. 2020-06-26
    HAMAYOUN, Ariba appointed
    director
  26. 2020-06-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 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: 2026-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-12

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Amar Algohar
Individual · British · DOB 08/1959 · age 67
75100%
75-100% shares28/04/2025
2 historic (ceased) PSCs
  • Mr Zain Hamayounceased 28/04/2025· 75-100% shares
  • Miss Ariba Hamayounceased 25/11/2021· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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

11 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
Incorporated2020-06-26
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities

Registered office

131 South End
Croydon
CR0 1BJ
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-12OVERDUE
Last: 2025-04-28

Officers (1 active · 3 resigned)

ALGOHAR, Amar
director · ~67y · appointed 2025-04-28
View their other companies + combined net worth →
Active
HAMAYOUN, Ariba
secretary · appointed 2020-06-26 · resigned 2021-11-25
Resigned
HAMAYOUN, Ariba
director · ~31y · appointed 2020-06-26 · resigned 2021-11-25
Resigned
HAMAYOUN, Zain
director · ~29y · appointed 2021-11-25 · resigned 2025-04-28
Resigned

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

Recent filings (24 total)

gazette-notice-compulsory
gazette · GAZ1
2026-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-28
appoint-person-director-company-with-name-date
officers · AP01
2025-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-28
termination-director-company-with-name-termination-date
officers · TM01
2025-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-26