H.K.J. ASSOCIATES LTD.

💤Zombieactive
SC166637 · ltd · incorporated 1996-06-28
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
£-198.6k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 71). 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 (73/100).

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
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
Negative net assets
Liabilities exceed assets by £198,609
Cash YoY
-2%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 1.5% YoY
Net Worth
-£199k
~ YoY
Current Assets
£18k
~ YoY
Current Liabilities
-£199k-£155k-£112k-£68k-£25k£18kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£-198.6k£-198.5k
Current assets£18.2k£18.3k
Cash£4.7k£4.7k
Net assets£-198.6k£-198.5k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-07-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2017-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-06-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-07-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-07-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 1996-07-09
    JASEM, Margaret appointed
    secretary
  18. 1996-07-09
    JASEM, Hasan Kadhem, Dr appointed
    director
  19. 1996-07-09
    FIRST SCOTTISH SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  20. 1996-07-09
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
    corporate-nominee-director
  21. 1996-06-28
    🏢
    Company incorporated
    As H.K.J. ASSOCIATES LTD.
  22. 1996-06-28
    FIRST SCOTTISH SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  23. 1996-06-28
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

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: 2026-04-03

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dr Hasan Kadhem Jasem
Individual · British · DOB 11/1955 · age 71
75100%
75-100% shares06/04/2016

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

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 →
🔒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
Incorporated1996-06-28
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

7 High Wood Gardens
Bellshill
Lanarkshire
ML4 3PG

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-04-03OVERDUE
Last: 2025-03-20

Officers (2 active · 2 resigned)

JASEM, Margaret
secretary · appointed 1996-07-09
View their other companies + combined net worth →
Active
JASEM, Hasan Kadhem, Dr
director · ~71y · appointed 1996-07-09
View their other companies + combined net worth →
Active
FIRST SCOTTISH SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1996-06-28 · resigned 1996-07-09
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED
corporate-nominee-director · appointed 1996-06-28 · resigned 1996-07-09
Resigned

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

Recent filings (70 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-28