A.E. RUSSELL (INSURANCES) LIMITED
💤Zombieactive
00685922 · ltd · incorporated 1961-03-09
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 Oct 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)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
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 100 | 0 |
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
4
filings
- • 1 persons-with-significant-control
- • 1 address
- • 1 officers
Last 180 days
4
filings
- • 1 persons-with-significant-control
- • 1 address
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-10-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-03-04📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-01-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-15➕ASTFALCK, Michael Charles appointedsecretary
- 2016-11-30➖ASTFALCK, Peter Charles resignedsecretary
- 2016-02-09➖ASTFALCK, Peter Charles resigneddirector
- 1998-11-01➕ASTFALCK, Peter Charles appointedsecretary
- 1998-11-01➕ASTFALCK, Peter Charles appointeddirector
- 1998-10-31➖CATTERALL, Freda resignedsecretary
- 1998-10-31➖CATTERALL, Freda resigneddirector
- 1998-10-31➖CATTERALL, Keith resigneddirector
- 1961-03-09🏢Company incorporatedAs A.E. RUSSELL (INSURANCES) LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 65 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 Michael Charles Astfalck Individual · British · DOB 10/1968 · age 58 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Financial services · CV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3DIFS LIMITED→ 05944067 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 4AD INVESTMENTS LIMITED→ 08530776 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 5S GLOBAL INVESTMENTS LIMITED→ 16832888 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A. E. SHARP LIMITED→ 07714406 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A&C ACCOUNTING LTD→ 12673618 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A&J FINANCIAL SERVICES LTD→ 13974160 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AARUBI FINANCE LTD→ 16422403 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBOTSFIELD INVESTMENTS LIMITED→ 12815110 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABOVE DYNAMICS LIMITED→ 10831821 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACQUIRE CAPITAL VENTURES LTD→ 15126587 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACUITY COMMODITIES LIMITED→ 09921216 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADAM AYRES LTD→ 13572193 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1961-03-09
Jurisdictionengland-wales
Primary SIC65120 — Non-life insurance
Registered office
The Halo Centre
Progress Way
Coventry
West Midlands
CV3 2NT
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19
Officers (2 active · 5 resigned)
ASTFALCK, Michael Charles→
Activesecretary · appointed 2016-12-15
View their other companies + combined net worth →
Active
ASTFALCK, Peter Charles→
Resignedsecretary · appointed 1998-11-01 · resigned 2016-11-30
CATTERALL, Freda→
Resignedsecretary · resigned 1998-10-31
ASTFALCK, Peter Charles→
Resigneddirector · ~91y · appointed 1998-11-01 · resigned 2016-02-09
CATTERALL, Freda→
Resigneddirector · ~88y · resigned 1998-10-31
CATTERALL, Keith→
Resigneddirector · ~88y · resigned 1998-10-31
Click a director name to see their full track record across all companies.
Recent filings (105 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-12
change-person-secretary-company-with-change-date
officers · CH03
2026-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-06
change-person-secretary-company-with-change-date
officers · CH03
2025-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-08