BEST AFRO FOODS LTD

🌿Early-stageactive
15154237 · ltd · incorporated 2023-09-21
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 Sept 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
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 (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 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
11 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
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 · accounting standard unknown
Metric2024-09-30

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 dissolution
Last 180 days
3
filings
  • 2 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-04-30
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  2. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2026-04-17
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2025-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-10-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-09-26
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-09-21
    🏢
    Company incorporated
    As BEST AFRO FOODS LTD
  10. 2023-09-21
    OLAOYE, Victoria Temitope appointed
    director
  11. 2023-09-21
    📄
    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 2.8 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 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: 2026-06-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Victoria Temitope Olaoye
Individual · Irish · DOB 06/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/09/2023

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

Similar companies

Active · Retail · DL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BAKI MEGA LTD
16891825 · est 2025 · no financials extracted
BATHROOMS DIRECT & BATHROOM DECOR LIMITED
04292321 · est 2001 · no financials extracted
24y
BAZZAR STORE LIMITED
16463220 · est 2025 · no financials extracted
BEAUTIFUL VINYL LTD
17113420 · est 2026 · no financials extracted
BEDALE FLOORING LIMITED
09028292 · est 2014 · no financials extracted
11y
BEDFORDS APPLIANCE CARE LIMITED
04661662 · est 2003 · no financials extracted
23y
BEER SNIFFERS LTD
11152602 · est 2018 · no financials extracted
8y
BENTHAM SL LTD
07703724 · est 2011 · no financials extracted
14y
BERLIN COLLECTIONS LTD
17120948 · est 2026 · no financials extracted
BEST SUPERMARKET D LTD
15972268 · est 2024 · no financials extracted
1y
BESTBARK LIMITED
15627542 · est 2024 · no financials extracted
2y
BETTERDAZE LTD
11227602 · 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
Incorporated2023-09-21
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

73 Bondgate
Darlington
Durham
DL3 7JT
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (1 active · 0 resigned)

OLAOYE, Victoria Temitope
director · ~38y · appointed 2023-09-21
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2026-04-30
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-09-26
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-18
incorporation-company
incorporation · NEWINC
2023-09-21