AFRO-EUROPEAN BUSINESS SERVICES LTD

💤Zombieactive
SC753419 · ltd · incorporated 2022-12-19
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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 education n.e.c.
Sector: Education
ALSO REGISTERED FOR
  • 93199Other sports activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£618-£366-£113£139£392£644Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£642
Current assets£644
Net assets£-618
Average employees100

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-02-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-11-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2022-12-19
    🏢
    Company incorporated
    As AFRO-EUROPEAN BUSINESS SERVICES LTD
  6. 2022-12-19
    DUROWOJU, Oluseun Opeyemi Abayomi appointed
    director
  7. 2022-12-19
    📄
    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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-27

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Oluseun Opeyemi Abayomi Durowoju
Individual · Nigerian · DOB 07/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/12/2022

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 · Education & training · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LOUD N PROUD
SC223231 · est 2001 · no financials extracted
24y
PERITUS EXECUTIVE EDUCATION SERVICES LTD
SC450503 · est 2013 · no financials extracted
12y
PRACTICAL FINANCIAL EXAMS LIMITED
SC660494 · est 2020 · no financials extracted
5y
PROFESSIONAL DIVING ACADEMY LIMITED
SC264798 · est 2004 · no financials extracted
22y
PROSCORE ACADEMY LTD
SC723232 · est 2022 · no financials extracted
4y
RISE RELATIONSHIPS INDEPENDENCE SKILLS EMPOWERMENT COMMUNITY INTEREST COMPANY
SC850812 · est 2025 · no financials extracted
RIVERSIDE RASCALS LIMITED
SC656587 · est 2020 · no financials extracted
6y
SHIFT UP DRIVING ACADEMY LTD
SC840074 · est 2025 · no financials extracted
1y
SKILLS TRAINING GROUP LTD
SC587337 · est 2018 · no financials extracted
8y
SPNO TRAINING & LOGISTICS LTD
SC513388 · est 2015 · no financials extracted
10y
SPORTS THERAPY DEVELOPMENTS LTD
SC865537 · est 2025 · no financials extracted
ST COLUMBA'S DRIMNIN TRUST LIMITED
SC289026 · est 2005 · no financials extracted
20y
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
Incorporated2022-12-19
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

11 William Street
Greenock
PA15 1BT
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-03-27OVERDUE
Last: 2025-03-13

Officers (1 active · 0 resigned)

DUROWOJU, Oluseun Opeyemi Abayomi
director · ~47y · appointed 2022-12-19
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-micro-entity
accounts · AA
2026-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-21
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-03
gazette-notice-compulsory
gazette · GAZ1
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-13
incorporation-company
incorporation · NEWINC
2022-12-19