AB PETROPHYS LTD

💤Zombieactive
13027634 · ltd · incorporated 2020-11-18
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 Nov 2023
Net worth
£113.2k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red 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 £113,153

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£113k
Current Assets
£113k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-11-30
Total assets£113.2k
Current assets£113.2k
Net assets£113.2k

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
3
filings
  • 2 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-01-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-07
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  3. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-04-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-11-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-10-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-12-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-11-18
    🏢
    Company incorporated
    As AB PETROPHYS LTD
  13. 2020-11-18
    BELHAOUAS, Assia appointed
    director
  14. 2020-11-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Assia Belhaouas
Individual · British · DOB 07/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/11/2020

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 →
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Company details

Statusactive
Typeltd
Incorporated2020-11-18
Jurisdictionengland-wales
Primary SIC09100 — SIC 09100

Registered office

320 Fire Court Centre Park
Warrington
WA1 1RG

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (1 active · 0 resigned)

BELHAOUAS, Assia
director · ~53y · appointed 2020-11-18
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-23
default-companies-house-registered-office-address-applied
address · RP05
2026-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
gazette-notice-compulsory
gazette · GAZ1
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-18