TURUK OIL AND GAS DEVELOPMENT CO LTD

💤Zombieactive
SC613976 · ltd · incorporated 2018-11-19
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 Nov 2024
Net worth
£10
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 35230SIC 35230
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
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
3 connected companies via shared directors
54
Filing history
25 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
65
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10
Net assets shrinking
Down £10 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£10
↓ 50% YoY
Current Assets
—
Current Liabilities
—
£0£4£8£12£16£20Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£10£20
Current assets—£10
Net assets£10£20

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
5
filings
  • • 2 gazette
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-04
    ➖
    ARANLY, Ali Nagi Gusein-Ogly resigned
    director
  3. 2026-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2025-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-07-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-07-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-07-18
    ➕
    ZAHIDOVA, Khanim appointed
    director
  10. 2024-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-10-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-10-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2020-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-02-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2018-11-19
    🏢
    Company incorporated
    As TURUK OIL AND GAS DEVELOPMENT CO LTD
  21. 2018-11-19
    ➕
    ARANLY, Ali Nagi Gusein-Ogly appointed
    director
  22. 2018-11-19
    📄
    incorporation-company
    incorporation · NEWINC

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

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

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
Miss Khanim Zahidova
Individual · Azerbaijani · DOB 11/1988 · age 38
——sig. influencesignificant influence18/07/2024
1 historic (ceased) PSC
  • Mr Ali Nagi Gusein-Ogly Aranlyceased 04/01/2026· 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.

🔒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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——810027y8572y
PCT GROUP SALES LIMITED→
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——7744y8583y
PROMAT BD LIMITED→
SC208370 · est 2000
£3.41M
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——850025y8770y
INDEPENDENT GLASS COMPANY LIMITED→
SC107294 · est 1987
£2.83M
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——2180038y8579y
SAMTEC (EUROPE) LIMITED→
SC096674 · est 1986
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——270040y8565y
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——3599y9461y
LINIAN SUPPLY CO. LIMITED→
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———140023y8866y
WESTFAST LIMITED→
SC290681 · est 2005 · no financials extracted
————20y——
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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
Incorporated2018-11-19
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07

Officers (1 active · 1 resigned)

ZAHIDOVA, Khanim→
director · ~38y · appointed 2024-07-18
View their other companies + combined net worth →
Active
ARANLY, Ali Nagi Gusein-Ogly→
director · ~66y · appointed 2018-11-19 · resigned 2026-01-04
Resigned

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

Recent filings (25 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
termination-director-company-with-name-termination-date
officers · TM01
2026-01-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-04
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-21
appoint-person-director-company-with-name-date
officers · AP01
2024-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-01