AREAKO LTD

💤Zombieactive
13891284 · ltd · incorporated 2022-02-03
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 Feb 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), 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: share sale to pe / searcher (73/100).

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, 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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 (10 events)Click to expand
  1. 2025-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2022-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-02-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-02-03
    🏢
    Company incorporated
    As AREAKO LTD
  9. 2022-02-03
    LEE, Jong-Jin appointed
    director
  10. 2022-02-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Jin Joo Lee
Individual · South Korean · DOB 05/1959 · age 67
2550%
25-50% shares23/05/2022
Mr Jong-Jin Lee
Individual · British · DOB 01/1956 · age 70
2550%
25-50% shares03/02/2022
1 historic (ceased) PSC
  • Mrs Jin Joo Leeceased 08/02/2022· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Hospitality · SE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A SLICE CAKES LIMITED
10815478 · est 2017 · no financials extracted
8y
ANTANDROS LIMITED
13372310 · est 2021 · no financials extracted
4y
ANTHONY’S GRILL LTD
15678814 · est 2024 · no financials extracted
1y
ANYI LTD
15806410 · est 2024 · no financials extracted
1y
AONESERVICESFORYOU LIMITED
16506330 · est 2025 · no financials extracted
APPLE TREE CHILDREN'S SERVICES LIMITED
11114202 · est 2017 · no financials extracted
8y
APRES RETAIL LTD
16331720 · est 2025 · no financials extracted
1y
AQUA PYRAMID LTD
16445357 · est 2025 · no financials extracted
ARCADIA EVENTS LTD
16171220 · est 2025 · no financials extracted
1y
AREN CATERING LTD
16260630 · est 2025 · no financials extracted
1y
ARLEASE LIMITED
14994304 · est 2023 · no financials extracted
2y
ARMADA LEADING PRODUCTIONS LTD
11171446 · est 2018 · no financials extracted
8y
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
Incorporated2022-02-03
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

55 Baylis Road
London
SE1 7AU
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-06OVERDUE
Last: 2025-05-23

Officers (1 active · 0 resigned)

LEE, Jong-Jin
director · ~70y · appointed 2022-02-03
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-08
incorporation-company
incorporation · NEWINC
2022-02-03