AL FOLAZ LTD

🌿Early-stageactive
15816112 · ltd · incorporated 2024-07-03
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
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Turnover
year to Jul 2025
Net worth
£2.0k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 46150
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46180Agents specialised in the sale of other particular products
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 61/100 (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: share sale to pe / searcher (58/100).

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, 2 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
4 officers (1 active, 4 linked, 4 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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,000

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£2k
Current Assets
£100
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-31
Total assets£100
Current assets£100
Net assets£2.0k

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-01-10
    AL KHARAT, Samer appointed
    director
  7. 2025-01-10
    AL OBEED, Rami resigned
    director
  8. 2024-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-07-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-07-12
    AL OBEED, Rami appointed
    director
  11. 2024-07-11
    AL KHARAT, Samer resigned
    director
  12. 2024-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-07-10
    AL KHARAT, Samer appointed
    director
  15. 2024-07-10
    AL OBEED, Rami resigned
    director
  16. 2024-07-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-07-03
    🏢
    Company incorporated
    As AL FOLAZ LTD
  18. 2024-07-03
    AL OBEED, Rami appointed
    director
  19. 2024-07-03
    📄
    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 2.1 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 ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-16

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Samer Al Kharat
Individual · Swedish · DOB 02/1971 · age 55
5075%
50–75%board control50-75% shares · 50-75% voting · board control03/07/2024

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 →
🔒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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2024-07-03
Jurisdictionengland-wales
Primary SIC46150 — SIC 46150

Registered office

27 Dinmor Road
Manchester
M22 1WJ
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-16OVERDUE
Last: 2025-07-02

Officers (1 active · 3 resigned)

AL KHARAT, Samer
director · ~55y · appointed 2025-01-10
View their other companies + combined net worth →
Active
AL KHARAT, Samer
director · ~55y · appointed 2024-07-10 · resigned 2024-07-11
Resigned
AL OBEED, Rami
director · ~44y · appointed 2024-07-12 · resigned 2025-01-10
Resigned
AL OBEED, Rami
director · ~44y · appointed 2024-07-03 · resigned 2024-07-10
Resigned

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

Recent filings (12 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-26
dissolution-application-strike-off-company
dissolution · DS01
2026-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-03
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13
termination-director-company-with-name-termination-date
officers · TM01
2025-01-12
termination-director-company-with-name-termination-date
officers · TM01
2024-07-18
appoint-person-director-company-with-name-date
officers · AP01
2024-07-18
change-person-director-company-with-change-date
officers · CH01
2024-07-11
appoint-person-director-company-with-name-date
officers · AP01
2024-07-11
termination-director-company-with-name-termination-date
officers · TM01
2024-07-10
incorporation-company
incorporation · NEWINC
2024-07-03