AJS SUBWAY LTD
💤Zombieactive
13511441 · ltd · incorporated 2021-07-14
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 Dec 2024
Net worth
£-19.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 70/100. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (74/100)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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
23 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
60
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 · FRS 102Negative net assets
Liabilities exceed assets by £19,439
Key financials
1 year extracted from filed iXBRL accountsCash
£981
Net Worth
-£19k
Current Assets
£51k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Total assets | £-19.4k |
| Current assets | £51.2k |
| Cash | £981 |
| Debtors | £45.4k |
| Net assets | £-19.4k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-05📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-10-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-01📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-30➕LALWALA, Viral Rajendra appointeddirector
- 2024-01-30➖DINA, Jannath Noorjahan resigneddirector
- 2024-01-30➖SHAHID, Asan Abdul Kadir resigneddirector
- 2023-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-14🏢Company incorporatedAs AJS SUBWAY LTD
- 2021-07-14➕DINA, Jannath Noorjahan appointeddirector
- 2021-07-14➕SHAHID, Asan Abdul Kadir appointeddirector
- 2021-07-14📄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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Viral Rajendra Lalwala Individual · British · DOB 12/1981 · age 45 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/07/2025 |
3 historic (ceased) PSCs
- N V Subway Limitedceased 30/07/2025· 75-100% shares · 75-100% voting · board control
- Mr Viral Lalwalaceased 30/01/2024· 75-100% shares · 75-100% voting · board control
- Mr Asan Abdul Kadir Shahidceased 30/01/2024· 50-75% shares · 50-75% 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 →Similar companies
Active · Hospitality · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AFFORDABLE COMMUNITY HOUSING LTD→ 15387213 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGENCEE LTD→ 16953619 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIRTREE LIMITED→ 08053922 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AK CULINARY CONCEPTS LIMITED→ 16868040 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL GRANO COFFEE HOUSE LTD→ 15151592 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AL GRANO TAPAS BAR LTD→ 16893739 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL MESHWAR LTD→ 10820269 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AL-DAHAN CO. LTD→ 15113623 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AL-FARABI LTD→ 16659910 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALADDINE LIMITED→ 11392714 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALADIN EXPRESS LTD→ 16912560 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALADIN KEBABISH INDIAN CUISINE LIMITED→ 06862115 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-07-14
Jurisdictionengland-wales
Primary SIC56290 — Other food services
Registered office
141 Finchley Road
London
NW3 6JH
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13
Officers (1 active · 2 resigned)
LALWALA, Viral Rajendra→
Activedirector · ~45y · appointed 2024-01-30
View their other companies + combined net worth →
DINA, Jannath Noorjahan→
Resigneddirector · ~39y · appointed 2021-07-14 · resigned 2024-01-30
SHAHID, Asan Abdul Kadir→
Resigneddirector · ~45y · appointed 2021-07-14 · resigned 2024-01-30
Click a director name to see their full track record across all companies.
Recent filings (23 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-30
change-account-reference-date-company-current-extended
accounts · AA01
2024-11-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-15
gazette-notice-compulsory
gazette · GAZ1
2024-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-06
termination-director-company-with-name-termination-date
officers · TM01
2024-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-02