RAAFI LIMITED
💤Zombieactive
SC703985 · ltd · incorporated 2021-07-13
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 Jul 2025
Net worth
£352
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. 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: medium (78/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 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
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £352
Net assets shrinking
Down £795 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£352
↓ 69% YoY
Current Assets
£43k
↑ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £352 | £1.1k |
| Current assets | £43.3k | £30.7k |
| Net assets | £352 | £1.1k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-22➖UL HAQ, Rizwan resigneddirector
- 2024-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-01➕UL HAQ, Rizwan appointeddirector
- 2023-01-01➕VOHRA, Hunaiza appointeddirector
- 2023-01-01➖VOHRA, Hunaiza resigneddirector
- 2022-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-13🏢Company incorporatedAs RAAFI LIMITED
- 2021-07-13➕FATIMA, Rukhsana appointeddirector
- 2021-07-13📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Rukhsana Fatima Individual · Pakistani · DOB 02/1974 · age 52 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Active · Retail · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NZ ELECTRONICS LTD→ SC811076 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| OLIVES CARNOUSTIE LTD→ SC555583 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ONLY DEALS AND BARGAINS LTD→ SC788660 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| OPALL ESPORTS LTD→ SC841634 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OUTLIER DISTRIBUTION LTD→ SC816128 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PROVOST CONVENIENCE LIMITED→ SC821215 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PUFFBLOW LTD→ SC859181 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| QASAD LTD→ SC841113 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| QJ CORPORATION LTD→ SC844980 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| R&A COASTAL CATCH LIMITED→ SC882938 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| R&F RETAIL LTD→ SC721596 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| RACHICO LTD→ SC798875 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2021-07-13
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet
Registered office
57c Abbotsford Street
Dundee
DD2 1DB
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12
Officers (1 active · 2 resigned)
FATIMA, Rukhsana→
Activedirector · ~52y · appointed 2021-07-13
View their other companies + combined net worth →
UL HAQ, Rizwan→
Resigneddirector · ~48y · appointed 2023-01-01 · resigned 2024-02-22
VOHRA, Hunaiza→
Resigneddirector · ~34y · appointed 2023-01-01 · resigned 2023-01-01
Click a director name to see their full track record across all companies.
Recent filings (23 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-05
change-person-director-company-with-change-date
officers · CH01
2024-09-02
change-person-director-company-with-change-date
officers · CH01
2024-09-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-02
change-person-director-company-with-change-date
officers · CH01
2024-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-19
change-person-director-company-with-change-date
officers · CH01
2024-03-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-19