AFRO BASKET GROCERIES STORE LIMITED
🌱Startupactive
17094756 · ltd · incorporated 2026-03-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47220Retail sale of meat and meat products in specialised stores
- 47230SIC 47230
- 47290Other retail sale of food in specialised stores
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 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
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
3
filings
- • 1 officers
- • 1 address
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
- 2026-05-14➕IHAZA, Norman Stephen appointeddirector
- 2026-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-16🏢Company incorporatedAs AFRO BASKET GROCERIES STORE LIMITED
- 2026-03-16➕AKINWUMI, Oluwatoyin appointeddirector
- 2026-03-16📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 0.4 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Oluwatoyin Akinwumi Individual · Nigerian · DOB 03/1992 · age 34 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/03/2026 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · BD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&B DELIVERIES LTD→ 12932499 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACS SALES LTD→ 16868606 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAMS LOCAL STORE LTD→ 16138892 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENTURE CAMPING LTD→ 16238998 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFREEN LIFESTYLE LTD→ 15384879 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFRICAN FOOD BASKET LIMITED→ 16810131 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFTER DARK (DRESS HIRE) LIMITED→ 04291525 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AG NEST LIMITED→ 16803280 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGADIR ESSENTIALS LTD→ 16145846 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGBS FOODS LIMITED→ 14935054 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AH HOME DECOR LIMITED→ 16208777 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AH LOCAL SUPERMARKET LIMITED→ 13784740 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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.
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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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See pricing →Company details
Statusactive
Typeltd
Incorporated2026-03-16
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
28 St. Stephens Road
Bradford
BD5 7DA
England
Filing status
Accounts
Next due: 2027-12-16
Last made up to: —
Confirmation statement
Next due: 2027-03-29
Last: —
Officers (2 active · 0 resigned)
AKINWUMI, Oluwatoyin→
Activedirector · ~34y · appointed 2026-03-16
View their other companies + combined net worth →
IHAZA, Norman Stephen→
Activedirector · ~38y · appointed 2026-05-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (3 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
incorporation-company
incorporation · NEWINC
2026-03-16