A.F. CONNELL LIMITED

🌳Matureactive

02238872 · ltd · incorporated 1988-04-04

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£340.7k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

ALSO REGISTERED FOR

43210Electrical installation
43220Plumbing, heat and air-conditioning installation

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 31.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 31.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

12 officers (4 active, 12 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £340,717

Key financials

2 years extracted from filed iXBRL accounts

Cash

£256k

Net Worth

£341k

↑ 420% YoY

Current Assets

£3.3m

↓ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£385.8k	£130.8k
Current assets	£3.27M	£4.87M
Cash	£255.9k	—
Debtors	£2.53M	£4.52M
Net assets	£340.7k	£-106.6k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-medium
accounts · AA
2024-12-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-29
📄
accounts-with-accounts-type-medium
accounts · AA
2024-01-29
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-02
➖
CONNELL, Jonathan resigned
director
2023-11-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-02
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-18
➕
CONNELL, Daniel David appointed
director
2023-10-18
➕
PARKIN, Stephen appointed
director
2023-10-18
➕
THORNTON, Nicholas Jon appointed
director
2023-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-03
➕
CONNELL, Suzanne Wendy appointed
director
2023-10-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-27
➖
CONNELL, Jonathan resigned
secretary
2023-03-31
📄
accounts-with-accounts-type-full
accounts · AA
2021-11-09
📄
accounts-with-accounts-type-full
accounts · AA
2021-07-09
📄
accounts-with-accounts-type-full
accounts · AA
2019-10-29
📄
accounts-with-accounts-type-full
accounts · AA
2018-11-19
📄
accounts-with-accounts-type-full
accounts · AA
2018-11-05
🔓
Charge satisfied #5
2013-07-01
➖
CONNELL, Anthony Francis resigned
director
2011-07-02
🔓
Charge satisfied #1
2010-11-06
🔓
Charge satisfied #3
2010-11-06
🔓
Charge satisfied #2
2008-01-31
➖
ROBINSON, Mark Philip resigned
director
2008-01-03
➖
JONES, Wayne Anthony resigned
director
2006-07-01
➕
JONES, Wayne Anthony appointed
director
2006-07-01
➕
ROBINSON, Mark Philip appointed
director
2005-05-09
🔒
Charge registered #5
Lender: Hsbc Bank PLC
2003-11-03
➕
CONNELL, Jonathan appointed
director
1998-11-17
🔒
Charge registered #4
Lender: Midland Bank PLC
1995-12-14
🔒
Charge registered #3
Lender: National Westminster Bank PLC
1995-12-14
🔒
Charge registered #2
Lender: National Westminster Bank PLC
1994-10-10
🔒
Charge registered #1
Lender: National Westminster Bank PLC
1993-11-26
➕
CONNELL, Jonathan appointed
secretary
1993-11-26
➖
TEMPEST, David Barry resigned
secretary
1993-11-26
➕
CONNELL, Anthony Francis appointed
director
1993-11-26
➖
TEMPEST, Barbara Irene resigned
director
1993-11-26
➖
TEMPEST, David Barry resigned
director
1988-04-04
🏢
Company incorporated
As A.F. CONNELL LIMITED

Owner dependency

71/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "CONNELL" — strong identity link between founder and business.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Suzanne Wendy Connell Individual · English · DOB 07/1968 · age 58	75–100%	—	75-100% shares	08/11/2023

1 historic (ceased) PSC

Mr Jonathan Connellceased 27/09/2023· 75-100% shares

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

Similar companies

Active · Construction · HX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1ST CHOICE YORKSHIRE LIMITED→ 03637134 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
20 20 LIFTS AND ESCALATORS LTD→ 13671245 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
27 - 35 DUKE STREET MANAGEMENT COMPANY LIMITED→ 05506904 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
4 CORNER CONSTRUCTION LTD→ 17058721 · est 2026 · no financials extracted	—	—	—	—	—	—	—
A BENTLEY LIMITED→ 05407194 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
A HOME RENOVATION LTD→ 16418911 · est 2025 · no financials extracted	—	—	—	—	—	—	—
A J BROOME LIMITED→ 08920499 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
A.I. HEATING AND PLUMBING LIMITED→ 14002841 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
A2B ELECTRICAL SERVICES LTD→ 14359020 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AAB CONTRACTING LIMITED→ 09161525 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
AB JOINERY & CONSTRUCTION LTD→ 13549164 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AB LEEDS PLUMBING & HEATING LTD→ 11556383 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated1988-04-04

Jurisdictionengland-wales

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Newcombe Mill Huddersfield Road

Rosemount Estates

Elland

HX5 0EE

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-01-29

Last: 2026-01-15

Officers (4 active · 8 resigned)

CONNELL, Daniel David→

director · ~31y · appointed 2023-10-18

View their other companies + combined net worth →

Active

CONNELL, Suzanne Wendy→

director · ~58y · appointed 2023-10-03

View their other companies + combined net worth →

Active

PARKIN, Stephen→

director · ~58y · appointed 2023-10-18

View their other companies + combined net worth →

Active

THORNTON, Nicholas Jon→

director · ~54y · appointed 2023-10-18

View their other companies + combined net worth →

Active

CONNELL, Jonathan→

secretary · appointed 1993-11-26 · resigned 2023-09-27

Resigned

TEMPEST, David Barry→

secretary · resigned 1993-11-26

Resigned

CONNELL, Anthony Francis→

director · ~77y · appointed 1993-11-26 · resigned 2013-07-01

Resigned

CONNELL, Jonathan→

director · ~57y · appointed 2003-11-03 · resigned 2023-11-02

Resigned

JONES, Wayne Anthony→

director · ~53y · appointed 2006-07-01 · resigned 2008-01-03

Resigned

ROBINSON, Mark Philip→

director · ~53y · appointed 2006-07-01 · resigned 2008-01-31

Resigned

TEMPEST, Barbara Irene→

director · ~77y · resigned 1993-11-26

Resigned

TEMPEST, David Barry→

director · ~78y · resigned 1993-11-26

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
satisfied	HSBC Hsbc Bank PLC	Legal mortgage	1 property	09/05/2005	05/11/2018
outstanding	Midland Bank Midland Bank PLC	Debenture	1 property	17/11/1998	—
satisfied	National Westminster Bank National Westminster Bank PLC	Legal mortgage	1 property	14/12/1995	06/11/2010
satisfied	National Westminster Bank National Westminster Bank PLC	Legal mortgage	1 property	14/12/1995	06/11/2010
satisfied	National Westminster Bank National Westminster Bank PLC	Mortgage debenture	1 property	10/10/1994	02/07/2011

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-20

accounts-with-accounts-type-medium

accounts · AA

2025-09-29

confirmation-statement-with-updates

confirmation-statement · CS01

2025-02-27

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-12-11

accounts-with-accounts-type-medium

accounts · AA

2024-11-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-02-20

accounts-with-accounts-type-full

accounts · AA

2024-01-29

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2023-11-08

termination-director-company-with-name-termination-date

officers · TM01

2023-11-02

termination-secretary-company-with-name-termination-date

officers · TM02

2023-11-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-11-02

appoint-person-director-company-with-name-date

officers · AP01

2023-10-18

appoint-person-director-company-with-name-date

officers · AP01

2023-10-18

appoint-person-director-company-with-name-date

officers · AP01

2023-10-18

appoint-person-director-company-with-name-date

officers · AP01

2023-10-03