ACE OF DRINKS LTD

💤Zombieactive
13777069 · ltd · incorporated 2021-12-01
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 Aug 2024
Net worth
£110.0k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47250SIC 47250
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. 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 (38/100).

Data confidence

Overall: medium (79/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £109,983

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£110k
↑ 53% YoY
Current Assets
£67k
↑ 33% YoY
Current Liabilities
£0£22k£44k£66k£88k£110kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£110.0k£93.4k
Current assets£67.2k£50.6k
Net assets£110.0k£71.7k

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
1
filing
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-04-01
    SOHAL, Hardeep Singh resigned
    director
  5. 2024-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-11-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-08-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2023-08-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2022-09-20
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  10. 2022-09-16
    📍
    change-sail-address-company-with-new-address
    address · AD02
  11. 2022-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-12-01
    🏢
    Company incorporated
    As ACE OF DRINKS LTD
  13. 2021-12-01
    SOHAL, Gurmukh Singh appointed
    director
  14. 2021-12-01
    SOHAL, Hardeep Singh appointed
    director
  15. 2021-12-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material 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 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 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: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gurmukh Singh Sohal
Individual · British · DOB 11/1987 · age 39
75100%
75–100%75-100% shares · 75-100% voting · trust interest · firm interest01/12/2021

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

10 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
Incorporated2021-12-01
Jurisdictionengland-wales
Primary SIC46342 — SIC 46342

Registered office

73 Market Street
Ashby-De-La-Zouch
LE65 1AH
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (1 active · 1 resigned)

SOHAL, Gurmukh Singh
director · ~39y · appointed 2021-12-01
View their other companies + combined net worth →
Active
SOHAL, Hardeep Singh
director · ~37y · appointed 2021-12-01 · resigned 2025-04-01
Resigned

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

Recent filings (15 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-19
termination-director-company-with-name-termination-date
officers · TM01
2025-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-06
accounts-with-accounts-type-dormant
accounts · AA
2023-11-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-08-18
change-account-reference-date-company-previous-extended
accounts · AA01
2023-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
move-registers-to-sail-company-with-new-address
address · AD03
2022-09-20
change-sail-address-company-with-new-address
address · AD02
2022-09-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-16
incorporation-company
incorporation · NEWINC
2021-12-01