AZAAN HEALTHCARE LTD

💤Zombieactive
SC433443 · ltd · incorporated 2012-09-27
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 Nov 2024
Net worth
£885.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Dental practice activities
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -55% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.2y

45/100
under pressure

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

  • · Oldest live charge is 9.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £885,434
Cash draining
Cash down 55% YoY
Cash YoY
-55%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£137k
↓ 55% YoY
Net Worth
£885k
↑ 17% YoY
Current Assets
£995k
↑ 1.8% YoY
Current Liabilities
£0£199k£398k£597k£796k£995kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£900.4k£783.9k
Current assets£994.5k£976.7k
Cash£136.5k£301.6k
Debtors£854.1k£671.3k
Net assets£885.4k£758.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-10-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  2. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-22
    ALI-IRSHAD, Mohammed Rahan appointed
    secretary
  4. 2024-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2017-03-03
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  14. 2016-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-06-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-10-09
    ALI-IRSHAD, Mohammed Rahan resigned
    director
  19. 2012-09-27
    🏢
    Company incorporated
    As AZAAN HEALTHCARE LTD
  20. 2012-09-27
    RAMZAN, Summon appointed
    director
  21. 2012-09-27
    ALI-IRSHAD, Mohammed Rahan appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Dr Summon Ramzan
Individual · British · DOB 10/1979 · age 47
5075%
50–75%board control50-75% shares · 50-75% voting · board control27/09/2016

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

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.

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
Incorporated2012-09-27
Jurisdictionscotland
Primary SIC86230 — Dental practice activities

Registered office

522 Kilmarnock Road
Newlands
Glasgow
Lanarkshire
G43 2BL

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18

Officers (2 active · 1 resigned)

ALI-IRSHAD, Mohammed Rahan
secretary · appointed 2025-03-22
View their other companies + combined net worth →
Active
RAMZAN, Summon
director · ~47y · appointed 2012-09-27
View their other companies + combined net worth →
Active
ALI-IRSHAD, Mohammed Rahan
director · ~48y · appointed 2012-09-27 · resigned 2012-10-09
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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge03/03/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2025-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-21