ADVANCE FILTRATION SYSTEMS LIMITED
🌳Matureactive
03124146 · ltd · incorporated 1995-11-09
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 26.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£3.67M
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 82110Combined office administrative service activities
- 96090Other service activities n.e.c.
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 26.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 26.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
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, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3,672,024
Key financials
1 year extracted from filed iXBRL accountsCash
£3.1m
Net Worth
£3.7m
Current Assets
£4.5m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Total assets | £3.69M |
| Current assets | £4.47M |
| Cash | £3.15M |
| Debtors | £1.01M |
| Net assets | £3.67M |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-05-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-10📄resolutionresolution · RESOLUTIONS
- 2024-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-03📄capital-allotment-sharescapital · SH01
- 2024-07-01➕SCHESKE, Michael Joseph appointeddirector
- 2024-07-01➕SCHIESL, Andrew Roger appointeddirector
- 2024-07-01➖RYAN, Wendy resignedsecretary
- 2024-07-01➖CLARK, Maxine Linda resigneddirector
- 2024-07-01➖RYAN, Andrew Richard resigneddirector
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-09🔓Charge satisfied #3
- 2022-11-09🔓Charge satisfied #2
- 2022-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-18🔒Charge registered #3Lender: National Westminster Bank PLC
- 2015-05-26➕CLARK, Maxine Linda appointeddirector
- 2009-01-14🔓Charge satisfied #1
- 2008-10-02🔒Charge registered #2Lender: National Westminster Bank PLC
- 1999-09-13🔒Charge registered #1Lender: Midland Bank PLC
- 1995-11-09🏢Company incorporatedAs ADVANCE FILTRATION SYSTEMS LIMITED
- 1995-11-09➕RYAN, Wendy appointedsecretary
- 1995-11-09➕RYAN, Andrew Richard appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Gardner Denver Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Gardner Denver Ltd
Corporate parent · holds 75-100% shares · board control
⬇
ADVANCE FILTRATION SYSTEMS LIMITED
This company · 03124146
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Gardner Denver Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2024 |
2 historic (ceased) PSCs
- Mr Andrew Richard Ryanceased 01/07/2024· 25-50% shares
- Mrs Wendy Ryanceased 01/07/2024· 25-50% shares
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 · Wholesale & distribution · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADEL AHMED SALEH ALRUMAIM TRADING LTD→ 17080176 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADEL AIYAN OPC LTD→ 16861262 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADELAIDE FINCO (UK) LTD→ 14002216 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADELAIDE S.P.A. (UK) LTD→ 05770094 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ADISA WHOLESALE LIMITED→ 16959154 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADM WILD UK LIMITED→ 02672448 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| ADNAN MOHAMMED ABDO FOR TRADING LTD→ 13717010 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADSTRA LIMITED→ 14121330 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADTG LTD→ 16776144 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED CREATIVITY FOR EXPORT LTD→ 17037500 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED EXCELLENCE NETWORK LTD→ 16792579 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED TECHNOLOGY ADTECH LTD→ 16216934 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1995-11-09
Jurisdictionengland-wales
Primary SIC46140 — SIC 46140
Registered office
Unit 3 Ordinal Street
Trafford Park
Manchester
M17 1GB
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03
Officers (2 active · 3 resigned)
SCHESKE, Michael Joseph→
Activedirector · ~39y · appointed 2024-07-01
View their other companies + combined net worth →
SCHIESL, Andrew Roger→
Activedirector · ~55y · appointed 2024-07-01
View their other companies + combined net worth →
RYAN, Wendy→
Resignedsecretary · appointed 1995-11-09 · resigned 2024-07-01
CLARK, Maxine Linda→
Resigneddirector · ~61y · appointed 2015-05-26 · resigned 2024-07-01
RYAN, Andrew Richard→
Resigneddirector · ~64y · appointed 1995-11-09 · resigned 2024-07-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 18/05/2018 | 09/11/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 02/10/2008 | 09/11/2022 | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 13/09/1999 | 14/01/2009 |
Recent filings (83 total)
change-account-reference-date-company-current-extended
accounts · AA01
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-10
resolution
resolution · RESOLUTIONS
2024-07-10
termination-director-company-with-name-termination-date
officers · TM01
2024-07-03
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-03
termination-director-company-with-name-termination-date
officers · TM01
2024-07-03
appoint-person-director-company-with-name-date
officers · AP01
2024-07-03
appoint-person-director-company-with-name-date
officers · AP01
2024-07-03
capital-allotment-shares
capital · SH01
2024-07-03