AJ IMPEX LIMITED

💤Zombieactive
SC641694 · ltd · incorporated 2019-09-16
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 Sept 2024
Net worth
£72.6k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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: 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).

🏦

Refinance opportunity

1 live charge · oldest 2.6y

10/100
under pressure

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

  • · Newest facility, 2.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £72,648

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£73k
Current Assets
£373k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£95.2k
Current assets£373.1k
Net assets£72.6k

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
2
filings
  • • 1 capital
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-24
    📄
    capital-allotment-shares
    capital · SH01
  2. 2025-12-24
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-09-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-09-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-08-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2025-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-08-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2025-07-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2025-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2025-05-22
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  12. 2025-05-22
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  13. 2025-05-22
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  14. 2025-05-22
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  15. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2024-02-02
    ➖
    RAJA, Ghulam resigned
    secretary
  17. 2024-02-02
    ➖
    RAJA, Ghulam resigned
    director
  18. 2024-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2024-02-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2024-02-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-09-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2023-09-20
    🔒
    Charge registered #1
    Lender: Beesen Financial Research Limited
  23. 2023-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-09-16
    🏢
    Company incorporated
    As AJ IMPEX LIMITED
  26. 2019-09-16
    ➕
    AFZAL, Kamran appointed
    secretary
  27. 2019-09-16
    ➕
    AFZAL, Kamran appointed
    director
  28. 2019-09-16
    ➕
    RAJA, Ghulam appointed
    secretary
  29. 2019-09-16
    ➕
    RAJA, Ghulam 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

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 low
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
NameSharesVoting rightsNature of controlNotified
Mr Kamran Afzal
Individual · British · DOB 09/1972 · age 54
25–50%
25–50%board control25-50% shares · 25-50% voting · board control16/09/2019
1 historic (ceased) PSC
  • Mr Ghulam Rajaceased 02/02/2024· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2019-09-16
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

36 Edison Street
Hillington Park
Glasgow
G52 4JW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-21
Last: 2025-08-07

Officers (2 active · 2 resigned)

AFZAL, Kamran→
secretary · appointed 2019-09-16
View their other companies + combined net worth →
Active
AFZAL, Kamran→
director · ~54y · appointed 2019-09-16
View their other companies + combined net worth →
Active
RAJA, Ghulam→
secretary · appointed 2019-09-16 · resigned 2024-02-02
Resigned
RAJA, Ghulam→
director · ~46y · appointed 2019-09-16 · resigned 2024-02-02
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
Beesen Financial Research
Beesen Financial Research Limited
A registered charge—20/09/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

capital-allotment-shares
capital · SH01
2025-12-24
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-24
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
change-person-secretary-company-with-change-date
officers · CH03
2025-08-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-08-28
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-08-07
gazette-notice-compulsory
gazette · GAZ1
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-26
default-companies-house-service-address-applied-psc
address · RP10
2025-05-22
default-companies-house-service-address-applied-officer
address · RP09
2025-05-22
default-companies-house-service-address-applied-officer
address · RP09
2025-05-22
default-companies-house-registered-office-address-applied
address · RP05
2025-05-22