ALZAS GROUP LTD

💤Zombieactive
14303401 · ltd · incorporated 2022-08-18
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 Jul 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
  • 64999Financial intermediation not elsewhere classified
  • 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (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 (78/100)

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
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
Network not yet resolved
30
Filing history
14 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
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
64
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Average employees200100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-07-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-26
    RAVINDRAN, Mathubala, Mrs. resigned
    director
  4. 2025-08-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-07-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2025-04-26
    RAVINDRAN, Mathubala, Mrs. appointed
    director
  10. 2025-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-11-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2022-08-18
    🏢
    Company incorporated
    As ALZAS GROUP LTD
  14. 2022-08-18
    ZULFIKARLI, Sahin, Mr. appointed
    director
  15. 2022-08-18
    📄
    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 · 1 low
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: 2026-04-30

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr. Sahin Zulfikarli
Individual · Turkish · DOB 12/1994 · age 32
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/08/2022

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 →
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Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2022-08-18
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Unit 4 651 Melton Road
Thurmaston
Leicester
LE4 8EB
United Kingdom

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 1 resigned)

ZULFIKARLI, Sahin, Mr.
director · ~32y · appointed 2022-08-18
View their other companies + combined net worth →
Active
RAVINDRAN, Mathubala, Mrs.
director · ~31y · appointed 2025-04-26 · resigned 2025-09-26
Resigned

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

Recent filings (14 total)

gazette-notice-compulsory
gazette · GAZ1
2026-07-07
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-01
change-person-director-company-with-change-date
officers · CH01
2025-08-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
appoint-person-director-company-with-name-date
officers · AP01
2025-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-25
incorporation-company
incorporation · NEWINC
2022-08-18