OKOROAFRO LIMITED

🌿Early-stageactive
SC777613 · ltd · incorporated 2023-08-01
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
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 in non-specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
  • 47990Other retail sale not in stores, stalls or markets
Investor take
Pursue
Strong opportunity: active trading company 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. 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, 3 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
8 filings
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (9 events)Click to expand
  1. 2026-04-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-07-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-08-01
    🏢
    Company incorporated
    As OKOROAFRO LIMITED
  7. 2023-08-01
    ONWUNABONZE, Ikenna Azubuike appointed
    director
  8. 2023-08-01
    UDEH, Chinenye Obianujunwa appointed
    director
  9. 2023-08-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ikenna Azubuike Onwunabonze
Individual · British · DOB 05/1981 · age 45
5075%
50–75%board control50-75% shares · 50-75% voting · board control01/08/2023
Ms Chinenye Obianujunwa Udeh
Individual · Nigerian · DOB 03/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting01/08/2023

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
R PLANET ONLINE LIMITED
SC748743 · est 2022 · no financials extracted
3y
R&Y CONVENIENCE STORE LTD.
SC584009 · est 2017 · no financials extracted
8y
RICHARD F. MACKAY LIMITED
SC022703 · est 1944 · no financials extracted
82y
RIGA CONVIENCE STORE LTD
SC867841 · est 2025 · no financials extracted
RIGHT CHOICE BLINDS LTD
SC765116 · est 2023 · no financials extracted
3y
RIZIQ ONLINE RETAIL LTD
SC774220 · est 2023 · no financials extracted
2y
ROCKET GLOBAL MARKETING LTD
SC636695 · est 2019 · no financials extracted
6y
ROCKIN DIMENSION LTD
SC808148 · est 2024 · no financials extracted
1y
ROOT AND BRANCH ARBORICULTURE LTD
SC516622 · est 2015 · no financials extracted
10y
ROOT DOWN FRUIT & VEG LIMITED
SC665069 · est 2020 · no financials extracted
5y
ROSE HEART APOTHECARY LTD
SC834434 · est 2025 · no financials extracted
1y
ROSEVEAR TEA GROUP LIMITED
SC578882 · est 2017 · no financials extracted
8y
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
Incorporated2023-08-01
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

29 - 1 West Pilton Gardens
Edinburgh
EH4 4EF
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21

Officers (2 active · 0 resigned)

ONWUNABONZE, Ikenna Azubuike
director · ~45y · appointed 2023-08-01
View their other companies + combined net worth →
Active
UDEH, Chinenye Obianujunwa
director · ~39y · appointed 2023-08-01
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-28
accounts-with-accounts-type-dormant
accounts · AA
2025-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-21
change-person-director-company-with-change-date
officers · CH01
2023-08-10
change-person-director-company-with-change-date
officers · CH01
2023-08-05
incorporation-company
incorporation · NEWINC
2023-08-01