EMESA EXPRESS LTD

💤Zombieactive
SC716146 · ltd · incorporated 2021-11-25
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£2.4k
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).

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
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
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
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 £2,412
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 1094% YoY
Current Assets
£23k
↓ 12% YoY
Current Liabilities
£0£5k£11k£16k£21k£26kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£41.1k£26.3k
Current assets£23.3k£26.3k
Net assets£2.4k£202

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 (16 events)Click to expand
  1. 2025-10-18
    KHANKAN, Rachad appointed
    director
  2. 2025-10-18
    HENEDY, Ahmed Sadek Nemr Mahmoud resigned
    director
  3. 2025-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-10-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-10-01
    HENEDY, Ahmed Sadek Nemr Mahmoud appointed
    director
  6. 2025-10-01
    KHANKAN, Rachad resigned
    director
  7. 2025-10-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-10-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-08-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2023-08-19
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2021-11-25
    🏢
    Company incorporated
    As EMESA EXPRESS LTD
  15. 2021-11-25
    KHANKAN, Rachad appointed
    director
  16. 2021-11-25
    📄
    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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HENEDY, Ahmed Sadek Nemr Mahmoud resigned 2025-10-18; KHANKAN, Rachad resigned 2025-10-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Rachad Khankan
Individual · British · DOB 05/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/11/2021

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

9 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
Incorporated2021-11-25
Jurisdictionscotland
Primary SIC49390 — SIC 49390

Registered office

6/4 West Savile Gardens
Edinburgh
EH9 3AB
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (1 active · 2 resigned)

KHANKAN, Rachad
director · ~53y · appointed 2025-10-18
View their other companies + combined net worth →
Active
HENEDY, Ahmed Sadek Nemr Mahmoud
director · ~49y · appointed 2025-10-01 · resigned 2025-10-18
Resigned
KHANKAN, Rachad
director · ~53y · appointed 2021-11-25 · resigned 2025-10-01
Resigned

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

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-10
termination-director-company-with-name-termination-date
officers · TM01
2025-10-18
appoint-person-director-company-with-name-date
officers · AP01
2025-10-18
termination-director-company-with-name-termination-date
officers · TM01
2025-10-01
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-25
accounts-with-accounts-type-dormant
accounts · AA
2023-08-19
change-account-reference-date-company-current-shortened
accounts · AA01
2023-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
incorporation-company
incorporation · NEWINC
2021-11-25