A.F. SELECTION LIMITED

🌳Matureactive
02237290 · ltd · incorporated 1988-03-29
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 38.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£71.1k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 85/100. 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 38.1y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 38.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £71,059
Net assets shrinking
Down £1,843 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£71k
↓ 2.5% YoY
Current Assets
£83k
↑ 1.4% YoY
Current Liabilities
—
£0£17k£33k£50k£67k£83kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£71.3k£73.2k
Current assets£83.4k£82.2k
Net assets£71.1k£72.9k

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2017-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-03-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-10-09
    ➖
    BENNETT, Richard Charles resigned
    secretary
  17. 2013-10-09
    ➖
    BENNETT, Richard Charles resigned
    director
  18. 2011-05-06
    ➕
    TEE, Emma appointed
    director
  19. 2011-05-06
    ➖
    HALE, Katie resigned
    director
  20. 2005-09-19
    ➖
    BENNETT, Christine Patricia resigned
    secretary
  21. 2005-09-19
    ➕
    BENNETT, Richard Charles appointed
    secretary
  22. 2005-09-15
    ➕
    BULLMORE-DUNN, Debra appointed
    director
  23. 2005-09-15
    ➕
    PETTIGREW, Simon appointed
    director
  24. 2005-09-15
    ➕
    HALE, Katie appointed
    director
  25. 1993-09-17
    🔓
    Charge satisfied #1
  26. 1988-05-04
    🔒
    Charge registered #1
    Lender: Co-Operative Bank Public Limited Company
  27. 1988-03-29
    🏢
    Company incorporated
    As A.F. SELECTION LIMITED

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Simon Pettigrew
Individual · British · DOB 07/1966 · age 60
25–50%
—25-50% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1988-03-29
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

12a Duke Street
Sutton Coldfield
West Midlands
B72 1RJ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01

Officers (3 active · 4 resigned)

BULLMORE-DUNN, Debra→
director · ~63y · appointed 2005-09-15
View their other companies + combined net worth →
Active
PETTIGREW, Simon→
director · ~60y · appointed 2005-09-15
View their other companies + combined net worth →
Active
TEE, Emma→
director · ~49y · appointed 2011-05-06
View their other companies + combined net worth →
Active
BENNETT, Christine Patricia→
secretary · resigned 2005-09-19
Resigned
BENNETT, Richard Charles→
secretary · appointed 2005-09-19 · resigned 2013-10-09
Resigned
BENNETT, Richard Charles→
director · ~79y · resigned 2013-10-09
Resigned
HALE, Katie→
director · ~50y · appointed 2005-09-15 · resigned 2011-05-06
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Co-operative Bank
Co-Operative Bank Public Limited Company
Debenture1 property04/05/198817/09/1993

Recent filings (116 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-02