FFAZ ICE CREAMS LTD

🌿Early-stageactive
SC770648 · ltd · incorporated 2023-05-25
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
£2.6k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
9 filings
60
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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2,607

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
Current Assets
£4k
Current Liabilities
£0£890£2k£3k£4k£4kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£3.6k
Current assets£4.5k
Net assets£2.6k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-08-26
    KHAN, Faisal appointed
    director
  6. 2024-08-26
    SALEEM, Arfan Saleem appointed
    director
  7. 2024-08-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-08-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-05-25
    🏢
    Company incorporated
    As FFAZ ICE CREAMS LTD
  10. 2023-05-25
    AFZAL, Fahad appointed
    director
  11. 2023-05-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

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

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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Faisal Khan
Individual · British · DOB 08/1985 · age 41
2550%
25-50% shares26/08/2024
Mr Arfan Saleem Saleem
Individual · British · DOB 12/1983 · age 43
2550%
25-50% shares26/08/2024
Mr Fahad Afzal
Individual · Pakistani · DOB 01/1988 · age 38
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/05/2023

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-05-25
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

25 High Street
Kirriemuir
DD8 4BB
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (3 active · 0 resigned)

AFZAL, Fahad
director · ~38y · appointed 2023-05-25
View their other companies + combined net worth →
Active
KHAN, Faisal
director · ~41y · appointed 2024-08-26
View their other companies + combined net worth →
Active
SALEEM, Arfan Saleem
director · ~43y · appointed 2024-08-26
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-27
accounts-with-accounts-type-dormant
accounts · AA
2025-02-25
appoint-person-director-company-with-name-date
officers · AP01
2024-08-26
appoint-person-director-company-with-name-date
officers · AP01
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
incorporation-company
incorporation · NEWINC
2023-05-25