ASIF ENTERPRISES LIMITED

💤Zombieactive
SC272291 · ltd · incorporated 2004-08-23
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
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£1
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 17.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1
Very low cash
Cash position: £1
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1
~ YoY
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
—
£0£0£0£1£1£1Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Total assets£1£1
Current assets£1£1
Cash£1£1
Net assets£1£1

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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-09-19
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2023-05-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-09-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2016-11-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-10-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-05-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2008-10-08
    🔒
    Charge registered #1
    Lender: Scottish & Newcastle UK Limited
  17. 2004-08-23
    🏢
    Company incorporated
    As ASIF ENTERPRISES LIMITED
  18. 2004-08-23
    ➕
    AITKEN, Peter Madden appointed
    secretary
  19. 2004-08-23
    ➕
    HUSSAIN, Muhammed appointed
    director
  20. 2004-08-23
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 2004-08-23
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 2004-08-23
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  23. 2004-08-23
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — 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 76 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mohammed Hussain
Individual · British · DOB 09/1950 · age 76
75–100%
—75-100% shares06/07/2016
Mohammad Hussain
Individual · Pakistani · DOB 09/1950 · age 76
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

8 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
Incorporated2004-08-23
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

9 East Fergus Place
Kirkcaldy
KY1 1XU

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (2 active · 2 resigned)

AITKEN, Peter Madden→
secretary · appointed 2004-08-23
View their other companies + combined net worth →
Active
HUSSAIN, Muhammed→
director · ~76y · appointed 2004-08-23
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-08-23 · resigned 2004-08-23
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2004-08-23 · resigned 2004-08-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Scottish & Newcastle UK
Scottish & Newcastle UK Limited
Floating charge1 property08/10/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-dormant
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-21
accounts-with-accounts-type-dormant
accounts · AA
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
change-person-secretary-company-with-change-date
officers · CH03
2023-09-19
accounts-with-accounts-type-dormant
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-dormant
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-27