DIAMOND TAXIS LIMITED

🚨Distressedactive
SC569645 · ltd · incorporated 2017-06-27
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-3.7k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £3,722

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£4k
↓ 151% YoY
Current Assets
£35k
↑ 7.1% YoY
Current Liabilities
-£4k£4k£12k£19k£27k£35kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£25.2k£27.5k
Current assets£34.6k£32.4k
Net assets£-3.7k£-1.5k

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

🔒Filing-note intelligence

2 signals 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
5
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-12-01
    NASSIR, Firozabanu resigned
    director
  6. 2025-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2018-05-04
    HASHMI, Mohammed Zubair resigned
    director
  22. 2018-05-04
    MCGLASHAN, John resigned
    director
  23. 2018-04-30
    NASSIR, Firozabanu appointed
    director
  24. 2018-04-13
    NASSIR, Irfan appointed
    director
  25. 2017-06-27
    🏢
    Company incorporated
    As DIAMOND TAXIS LIMITED
  26. 2017-06-27
    HASHMI, Mohammed Zubair appointed
    director
  27. 2017-06-27
    MCGLASHAN, John 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 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Irfan Nassir
Individual · British · DOB 07/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/05/2018
2 historic (ceased) PSCs
  • Mrs Firozabanu Nassirceased 01/12/2025· 25-50% shares · 25-50% voting
  • Mr Mohammed Zubair Hashmiceased 04/05/2018· 75-100% shares · 75-100% voting · board control · trust interest · firm interest

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
Incorporated2017-06-27
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

4 Newhall Gardens
Dundee
DD2 1TW
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13

Officers (1 active · 3 resigned)

NASSIR, Irfan
director · ~45y · appointed 2018-04-13
View their other companies + combined net worth →
Active
HASHMI, Mohammed Zubair
director · ~61y · appointed 2017-06-27 · resigned 2018-05-04
Resigned
MCGLASHAN, John
director · ~86y · appointed 2017-06-27 · resigned 2018-05-04
Resigned
NASSIR, Firozabanu
director · ~39y · appointed 2018-04-30 · resigned 2025-12-01
Resigned

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

Recent filings (43 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-16