EUROASIA LTD

💤Zombieactive
SC623838 · ltd · incorporated 2019-03-11
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 Mar 2025
Net worth
£-70.1k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), 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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
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 £70,085

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£70k
Current Assets
£26k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£-40.1k
Current assets£26.4k
Net assets£-70.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-01-15
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2025-01-15
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  5. 2025-01-15
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  6. 2025-01-15
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  7. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-03-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-03-11
    🏢
    Company incorporated
    As EUROASIA LTD
  15. 2019-03-11
    MIR, Sofia appointed
    director
  16. 2019-03-11
    📄
    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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-24

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
Sofia Mir
Individual · British · DOB 01/1977 · age 49
75100%
75-100% shares11/03/2019

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
Incorporated2019-03-11
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

1a Norton Park
Edinburgh
EH7 5RS

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-24OVERDUE
Last: 2025-03-10

Officers (1 active · 0 resigned)

MIR, Sofia
director · ~49y · appointed 2019-03-11
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
change-person-director-company-with-change-date
officers · CH01
2025-01-21
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-01-15
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-01-15
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-01-15
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17