YASUBIN LIMITED

🌱Startupactive
NI721176 · ltd · incorporated 2024-09-12
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
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 65/100. 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 (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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 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
Metric2025-09-30

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 (19 events)Click to expand
  1. 2025-11-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-04-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-02-11
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  8. 2025-02-11
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  9. 2025-02-11
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  10. 2024-10-14
    ➕
    BAUGHAN, Michael Liam Mekonnen appointed
    director
  11. 2024-10-14
    ➖
    YANG, Xiubin resigned
    director
  12. 2024-10-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-10-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2024-10-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2024-09-12
    🏢
    Company incorporated
    As YASUBIN LIMITED
  18. 2024-09-12
    ➕
    YANG, Xiubin appointed
    director
  19. 2024-09-12
    📄
    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 1.7 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
Michael Liam Mekonnen Baughan
Individual · British · DOB 01/1994 · age 32
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/10/2024
1 historic (ceased) PSC
  • Xiubin Yangceased 14/10/2024· 75-100% shares · 75-100% voting · board control

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

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——140031y8762y
TAYLORS (FYFIN) LIMITED→
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——2148y8772y
EUROCABLES (BELFAST) LIMITED→
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£2.29M
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——310029y8664y
ERWIN AGRI-CARE LIMITED→
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——370015y8766y
IAN A KERNOHAN (NI) LIMITED→
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2024-09-12
Jurisdictionnorthern-ireland
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

Second Floor Office
138 University Street
Belfast
BT7 1HH

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (1 active · 1 resigned)

BAUGHAN, Michael Liam Mekonnen→
director · ~32y · appointed 2024-10-14
View their other companies + combined net worth →
Active
YANG, Xiubin→
director · ~60y · appointed 2024-09-12 · resigned 2024-10-14
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
change-person-director-company-with-change-date
officers · CH01
2025-06-03
change-person-director-company-with-change-date
officers · CH01
2025-06-03
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-03
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
default-companies-house-service-address-applied-psc
address · RP10
2025-02-11
default-companies-house-service-address-applied-officer
address · RP09
2025-02-11
default-companies-house-registered-office-address-applied
address · RP05
2025-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
appoint-person-director-company-with-name-date
officers · AP01
2024-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-14
termination-director-company-with-name-termination-date
officers · TM01
2024-10-14