AXIS LEAF LTD

🏛️Establishedactive
13212290 · ltd · incorporated 2021-02-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-2.0k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £2,026
Very low cash
Cash position: £1
Cash draining
Cash down 80% YoY
Cash YoY
-80%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1
↓ 80% YoY
Net Worth
-£2k
~ YoY
Current Assets
£66k
↑ 1322580% YoY
Current Liabilities
-£2k£12k£25k£39k£53k£66kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£-2.0k£-2.0k
Current assets£66.1k£5
Cash£1£5
Net assets£-2.0k£-2.0k

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

🔒Filing-note intelligence

2 signals 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 (19 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-28
    📄
    withdrawal-of-the-directors-residential-address-register-information-from-the-public-register
    officers · EW02
  4. 2024-08-28
    📄
    withdrawal-of-the-persons-with-significant-control-register-information-from-the-public-register
    persons-with-significant-control · EW04
  5. 2024-08-28
    📄
    members-register-information-on-withdrawal-from-the-public-register
    capital · EW05RSS
  6. 2024-08-28
    📄
    withdrawal-of-the-members-register-information-from-the-public-register
    capital · EW05
  7. 2024-08-28
    📄
    withdrawal-of-the-directors-register-information-from-the-public-register
    officers · EW01
  8. 2024-03-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-02-19
    🏢
    Company incorporated
    As AXIS LEAF LTD
  17. 2021-02-19
    THAPER, Bipen Kumar appointed
    director
  18. 2021-02-19
    THAPER, Varun appointed
    director
  19. 2021-02-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Bipen Kumar Thaper
Individual · British · DOB 01/1953 · age 73
5075%
50–75%50-75% shares · 50-75% voting19/02/2021
Mr Varun Thaper
Individual · British · DOB 12/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting19/02/2021

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

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
Incorporated2021-02-19
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

167-169 Great Portland Street
5th Floor
London
W1W 5PF
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (2 active · 0 resigned)

THAPER, Bipen Kumar
director · ~73y · appointed 2021-02-19
View their other companies + combined net worth →
Active
THAPER, Varun
director · ~46y · appointed 2021-02-19
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
withdrawal-of-the-directors-residential-address-register-information-from-the-public-register
officers · EW02
2024-08-28
withdrawal-of-the-persons-with-significant-control-register-information-from-the-public-register
persons-with-significant-control · EW04
2024-08-28
members-register-information-on-withdrawal-from-the-public-register
capital · EW05RSS
2024-08-28
withdrawal-of-the-members-register-information-from-the-public-register
capital · EW05
2024-08-28
withdrawal-of-the-directors-register-information-from-the-public-register
officers · EW01
2024-08-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
change-person-director-company-with-change-date
officers · CH01
2023-03-13
change-person-director-company-with-change-date
officers · CH01
2023-03-13