AZI FOODS LTD

💤Zombieactive
SC773321 · ltd · incorporated 2023-06-21
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 · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: early → zombie
  • · Investment thesis: growth_story → zombie_hold
  • · Hygiene score: 70 → 90
  • · Opportunity score: 61 → 71
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture improved over the last 30 days — 4 positive signals vs 1 negative.

  • Lifecycle stage: earlyzombie
  • ·Investment thesis: growth_storyzombie_hold
  • Opportunity score: 6171
  • Hygiene score: 7090
  • Bankability: 6070
  • +2 more
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 Jun 2025
Net worth
£3.6k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other retail sale of food in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (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 (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
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
1 connected companies via shared directors
48
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
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 £3,558

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
Current Assets
£989
Current Liabilities
£0£712£1k£2k£3k£4kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£8.1k
Current assets£989
Net assets£3.6k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-09-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-09-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-04-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-04-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-03-31
    SAFI, Azizullah appointed
    director
  10. 2025-03-31
    SAFI, Azizullah resigned
    director
  11. 2024-11-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-06-21
    🏢
    Company incorporated
    As AZI FOODS LTD
  13. 2023-06-21
    SAFI, Azizullah appointed
    director
  14. 2023-06-21
    📄
    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
Mr Azizullah Safi
Individual · Afghan · DOB 06/1993 · age 33
board controlboard control03/04/2025
1 historic (ceased) PSC
  • Mr Azizullah Saficeased 31/03/2025· 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 →

Similar companies

Active · Retail · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
OPTICAL EXPRESS (GYLE) LIMITED
SC150432 · est 1994
£10.52M
£7.89M£13.15M
830032y8558y
AFFORDABLE GOLF LTD.
SC350505 · est 2008
£3.72M
£2.79M£4.65M
530017y8763y
ABBEY CHEMISTS LTD
SC323221 · est 2007
390019y8367y
APPLE HEALTHCARE EDINBURGH LTD
SC339804 · est 2008
£478.1k18y8358y
CAMERON INTERIORS LIMITED
SC069523 · est 1979
£227.8k46y8358y
CATHERINE'S OF PARTICK LIMITED
SC099085 · est 1986
£1.48M40y8378y
DUNCAN YACHT CHANDLERS LIMITED
SC265044 · est 2004
50022y8360y
HELENSBURGH FLOORPLAN (1983) LIMITED
SC083345 · est 1983
1443y8377y
HUNTER FURNISHINGS LIMITED
SC295684 · est 2006
£846.0k20y8384y
ITALIAN AROMA COFFEE LIMITED
SC139395 · est 1992
1133y8359y
LOMO INDUSTRIES LTD.
SC203510 · est 2000
£1.18M26y8358y
LOUD & CLEAR (EDINBURGH) LIMITED
SC197065 · est 1999
827y8361y
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
Incorporated2023-06-21
Jurisdictionscotland
Primary SIC47290 — Other retail sale of food in specialised stores

Registered office

26 Flat 1/2
Kinnell Crescent
Glasgow
G52 3RR
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14

Officers (1 active · 1 resigned)

SAFI, Azizullah
director · ~33y · appointed 2025-03-31
View their other companies + combined net worth →
Active
SAFI, Azizullah
director · ~31y · appointed 2023-06-21 · resigned 2025-03-31
Resigned

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-13
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
gazette-notice-compulsory
gazette · GAZ1
2025-09-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-14
appoint-person-director-company-with-name-date
officers · AP01
2025-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-14
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
accounts-with-accounts-type-dormant
accounts · AA
2024-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
incorporation-company
incorporation · NEWINC
2023-06-21