22 PERFORMANCE LIMITED

🌿Early-stageactive
14895654 · ltd · incorporated 2023-05-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 33160
Sector: Manufacturing
ALSO REGISTERED FOR
  • 45200SIC 45200
  • 45310SIC 45310
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-31

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-07-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-03-28
    MALIK, Areeba appointed
    director
  6. 2025-03-28
    ARSHAD, Zahida resigned
    director
  7. 2024-12-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-09-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2024-08-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2024-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-03-01
    ARSHAD, Zahida appointed
    director
  15. 2024-03-01
    MALIK, Usama resigned
    director
  16. 2023-05-26
    🏢
    Company incorporated
    As 22 PERFORMANCE LIMITED
  17. 2023-05-26
    MALIK, Usama appointed
    director
  18. 2023-05-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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 low
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 Usama Malik
Individual · British · DOB 08/1998 · age 28
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/05/2023

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

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.

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Company details

Statusactive
Typeltd
Incorporated2023-05-26
Jurisdictionengland-wales
Primary SIC33160 — SIC 33160

Registered office

Unit 7 The Green
Southall
UB2 4BG
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-08
Last: 2025-05-25

Officers (1 active · 2 resigned)

MALIK, Areeba
director · ~24y · appointed 2025-03-28
View their other companies + combined net worth →
Active
ARSHAD, Zahida
director · ~54y · appointed 2024-03-01 · resigned 2025-03-28
Resigned
MALIK, Usama
director · ~28y · appointed 2023-05-26 · resigned 2024-03-01
Resigned

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

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-13
accounts-with-accounts-type-dormant
accounts · AA
2025-05-31
appoint-person-director-company-with-name-date
officers · AP01
2025-05-22
termination-director-company-with-name-termination-date
officers · TM01
2025-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-14
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
gazette-notice-compulsory
gazette · GAZ1
2024-08-13
termination-director-company-with-name-termination-date
officers · TM01
2024-03-10
change-person-director-company-with-change-date
officers · CH01
2024-03-10
appoint-person-director-company-with-name-date
officers · AP01
2024-03-06
incorporation-company
incorporation · NEWINC
2023-05-26