AFRIMART LTD

🌿Early-stageactive
SC769657 · ltd · incorporated 2023-05-17
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 May 2025
Net worth
£3.0k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (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, 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
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 £3,019

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↑ 1174% YoY
Current Assets
£30k
↓ 14% YoY
Current Liabilities
£0£7k£14k£21k£28k£35kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£3.0k£237
Current assets£29.8k£34.5k
Net assets£3.0k£237

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 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-03-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-03-10
    ADEDEJI, Oluwaseun Babatunde appointed
    director
  6. 2024-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-05-17
    🏢
    Company incorporated
    As AFRIMART LTD
  9. 2023-05-17
    MENSAH, Harrison appointed
    director
  10. 2023-05-17
    📄
    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 2.9 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Harrison Mensah
Individual · Ghanaian · DOB 03/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/05/2023
Mr Oluwaseun Babatunde Adedeji
Individual · British · DOB 03/1978 · age 48
2550%
25-50% shares10/03/2025

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

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.

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Company details

Statusactive
Typeltd
Incorporated2023-05-17
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

Unit 48 Bankhead Drive City South Office Park
Portlethen
Aberdeen
AB12 4XX
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22

Officers (2 active · 0 resigned)

ADEDEJI, Oluwaseun Babatunde
director · ~48y · appointed 2025-03-10
View their other companies + combined net worth →
Active
MENSAH, Harrison
director · ~52y · appointed 2023-05-17
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-22
appoint-person-director-company-with-name-date
officers · AP01
2025-03-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
incorporation-company
incorporation · NEWINC
2023-05-17