AE STEEL CO LTD

💤Zombieactive
13356528 · ltd · incorporated 2021-04-26
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
Upgrade to see
Turnover
year to Apr 2026
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (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 (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2025Apr 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-04-302025-04-30

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-05-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-06-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-06-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-01-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-01-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-12-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-12-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-05-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-05-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-01-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-01-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-04-26
    🏢
    Company incorporated
    As AE STEEL CO LTD
  15. 2021-04-26
    SU, Asuman appointed
    director
  16. 2021-04-26
    📄
    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

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
Ms Asuman Su
Individual · Turkish · DOB 03/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/04/2021

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
Incorporated2021-04-26
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods

Registered office

2 Verne Grove
Tattenhoe Park
Milton Keynes
Buckinghamshire
MK4 4PF
England

Filing status

Accounts
Next due: 2028-01-31
Last made up to: 2026-04-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20

Officers (1 active · 0 resigned)

SU, Asuman
director · ~41y · appointed 2021-04-26
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-24
change-person-director-company-with-change-date
officers · CH01
2024-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-24
change-person-director-company-with-change-date
officers · CH01
2023-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29