13816588 LTD

💤Zombieactive
13816588 · ltd · incorporated 2021-12-23
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
£-29.1k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56103Take-away food shops and mobile food stands
  • 56210Event catering activities
  • 56290Other food services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

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, 4 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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review 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 £29,074

Key financials

2 years extracted from filed iXBRL accounts
Cash
£117
Net Worth
-£29k
↓ 118% YoY
Current Assets
£117
Current Liabilities
-£29k-£23k-£17k-£12k-£6k£117Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£18.7k£-13.3k
Current assets£117
Cash£117
Net assets£-29.1k£-13.3k

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 (29 events)Click to expand
  1. 2025-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-09
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-03-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-12-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-12-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-12-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-12-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2024-11-27
    OUFARES, Farid appointed
    director
  12. 2024-11-27
    LARBAOUI, Djamila appointed
    director
  13. 2024-11-27
    LARBAOUI, Djamila resigned
    director
  14. 2024-11-27
    LARBAOUI, Djamila resigned
    director
  15. 2024-11-27
    OUFARES, Farid appointed
    director
  16. 2024-11-27
    OUFARES, Farid resigned
    director
  17. 2024-11-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-11-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2024-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2024-11-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2024-11-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2024-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2024-11-07
    LARBAOUI, Djamila appointed
    director
  24. 2024-11-07
    OUFARES, Farid resigned
    director
  25. 2024-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2024-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2021-12-23
    🏢
    Company incorporated
    As 13816588 LTD
  29. 2021-12-23
    OUFARES, Farid appointed
    director

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 · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-08

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-05-09: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Farid Oufares
Individual · French · DOB 12/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/11/2024
4 historic (ceased) PSCs
  • Mr Farid Oufaresceased 27/11/2024· 75-100% shares · 75-100% voting · board control
  • Miss Djamila Larbaouiceased 27/11/2024· 75-100% shares · 75-100% voting · board control
  • Ms Djamila Larbaouiceased 27/11/2024· 75-100% shares · 75-100% voting · board control
  • Mr Farid Oufaresceased 07/11/2024· 75-100% shares

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

9 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
Incorporated2021-12-23
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

177c Priory Road
London
N8 8NB
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-08OVERDUE
Last: 2025-03-25

Officers (1 active · 4 resigned)

OUFARES, Farid
director · ~39y · appointed 2024-11-27
View their other companies + combined net worth →
Active
LARBAOUI, Djamila
director · ~64y · appointed 2024-11-27 · resigned 2024-11-27
Resigned
LARBAOUI, Djamila
director · ~64y · appointed 2024-11-07 · resigned 2024-11-27
Resigned
OUFARES, Farid
director · ~39y · appointed 2024-11-27 · resigned 2024-11-27
Resigned
OUFARES, Farid
director · ~39y · appointed 2021-12-23 · resigned 2024-11-07
Resigned

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

Recent filings (35 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-25
termination-director-company-with-name-termination-date
officers · TM01
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-12-24
appoint-person-director-company-with-name-date
officers · AP01
2024-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27