A3K LTD
🌿Early-stageactive
SC716119 · ltd · incorporated 2021-11-25
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-8.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -62% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 4.1y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.1 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 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
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £8,320
Net assets shrinking
Down £9,388 YoY
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 62% YoY
Net Worth
-£8k
↓ 879% YoY
Current Assets
£3k
↓ 62% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £412.4k | £421.8k |
| Current assets | £3.2k | £8.5k |
| Cash | £3.2k | £8.5k |
| Net assets | £-8.3k | £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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-14➕PARPIA, Amzu Al-Karim appointeddirector
- 2022-12-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-17📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-30🔒Charge registered #1Lender: Paragon Bank PLC
- 2022-03-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-25🏢Company incorporatedAs A3K LTD
- 2021-11-25➕PARPIA, Al-Karim Sarfaraz appointeddirector
- 2021-11-25📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Al-Karim Sarfaraz Parpia Individual · British · DOB 09/1983 · age 43 | 75–100% | — | 75-100% shares | 25/11/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 1LET LIMITED→ SC317107 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 1ST CONNECT HOMES LTD→ SC842552 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST FOCUS LETTING LIMITED→ SC667911 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1ZE ESTATE LTD→ SC788004 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 20 CABOT SQUARE I UNIT TRUST GP LIMITED→ SC312228 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 20 CABOT SQUARE II UNIT TRUST LP LIMITED→ SC312229 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 34 MELVILLE STREET LIMITED→ SC714514 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 39 HANOVER LIMITED→ SC552449 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 6M PROPERTIES LIMITED→ SC842080 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A2Z (EDINBURGH) LTD→ SC740640 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A701 LETTINGS LTD→ SC844164 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB HABITAT LTD→ SC852257 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-11-25
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
30 Glasgow Road
Edinburgh
EH12 8HL
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (2 active · 0 resigned)
PARPIA, Al-Karim Sarfaraz→
Activedirector · ~43y · appointed 2021-11-25
View their other companies + combined net worth →
PARPIA, Amzu Al-Karim→
Activedirector · ~40y · appointed 2022-12-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 30/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
change-person-director-company-with-change-date
officers · CH01
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-19
appoint-person-director-company-with-name-date
officers · AP01
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
change-person-director-company-with-change-date
officers · CH01
2022-08-08
change-person-director-company-with-change-date
officers · CH01
2022-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-27
change-person-director-company-with-change-date
officers · CH01
2022-05-17