A.F. COMMERCIALS LIMITED
🌳Matureactive
01680324 · ltd · incorporated 1982-11-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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
9 officers (5 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (27 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-24➕FENWICK, Rachael Leanne appointeddirector
- 2021-03-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-05-17➖FENWICK, Melanie resigneddirector
- 2009-02-01➕FENWICK, Russell appointeddirector
- 2009-02-01➕FENWICK, Melanie appointeddirector
- 2007-03-16➕FENWICK, Donald Ralph appointedsecretary
- 2007-03-16➖ATKIN, Michael John resignedsecretary
- 2007-03-16➖ATKIN, Michael John resigneddirector
- 2007-03-16➖ATKIN, Susan Denise resigneddirector
- 1993-11-01➕FENWICK, Donald Ralph appointeddirector
- 1993-11-01➕ATKIN, Michael John appointeddirector
- 1982-11-22🏢Company incorporatedAs A.F. COMMERCIALS LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 Russell Fenwick Individual · British · DOB 01/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 10/08/2018 |
2 historic (ceased) PSCs
- Mr Donald Ralph Fenwickceased 10/08/2018· 25-50% shares · 25-50% voting
- Mrs Helen Margaret Fenwickceased 10/08/2018· 25-50% shares · 25-50% voting
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 · Automotive · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & T AUTOS LTD→ 10967606 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A T B CARS LTD→ 07409214 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ALKHAT ALLAMEA TRADING COMPANY LTD→ 16814669 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AP PARTS LIMITED→ 13164512 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| APCYW LTD→ 13880207 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| APEX CAR STUDIO LTD→ 17068893 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APEX KEYS & TUNING LTD→ 16779910 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APEX MOTOR GROUP DONCASTER LIMITED→ 16938340 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APH MOTORS LTD→ 14513183 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APL TRADING LTD→ 15780593 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARCHERS COMMERCIALS LIMITED→ 05566948 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AREFURBS LTD→ 16938484 · est 2026 · 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
Incorporated1982-11-22
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Fiveways Business Centre
167 Park Street
Cleethorpes
DN35 7LX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03
Officers (5 active · 4 resigned)
FENWICK, Donald Ralph→
Activesecretary · appointed 2007-03-16
View their other companies + combined net worth →
FENWICK, Donald Ralph→
Activedirector · ~79y · appointed 1993-11-01
View their other companies + combined net worth →
Active
FENWICK, Rachael Leanne→
Activedirector · ~52y · appointed 2021-03-24
View their other companies + combined net worth →
FENWICK, Russell→
Activedirector · ~55y · appointed 2009-02-01
View their other companies + combined net worth →
ATKIN, Michael John→
Resignedsecretary · resigned 2007-03-16
ATKIN, Michael John→
Resigneddirector · ~74y · appointed 1993-11-01 · resigned 2007-03-16
ATKIN, Susan Denise→
Resigneddirector · ~75y · resigned 2007-03-16
FENWICK, Melanie→
Resigneddirector · ~51y · appointed 2009-02-01 · resigned 2013-05-17
Click a director name to see their full track record across all companies.
Recent filings (112 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
change-account-reference-date-company-current-extended
accounts · AA01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-17
appoint-person-director-company-with-name-date
officers · AP01
2021-03-24