AFLEX LIMITED

💤Zombieactive
03328137 · ltd · incorporated 1997-03-05
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 Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
13 officers (1 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Average employees300

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-11-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-10-01
    CHANDLER, Piers resigned
    secretary
  9. 2021-10-01
    CHANDLER, Piers resigned
    director
  10. 2020-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2017-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-06-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2017-06-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2017-06-07
    HOWLETT, John Christopher appointed
    director
  20. 2017-06-07
    CHANDLER, Piers appointed
    secretary
  21. 2017-06-07
    PATSALIDES, Elena resigned
    secretary
  22. 2017-06-07
    CHANDLER, Piers appointed
    director
  23. 2017-06-07
    PATSALIDES, Elena resigned
    director
  24. 2017-06-07
    PATSALIDES, Socrates resigned
    director
  25. 2007-06-01
    PATSALIDES, Elena appointed
    director
  26. 2005-04-14
    PAPOUI, Kyriacos resigned
    secretary
  27. 2005-04-14
    PATSALIDES, Elena appointed
    secretary
  28. 2005-04-14
    PAPOUI, Kyriacos resigned
    director
  29. 1999-03-31
    IOANNOU, John Andrew resigned
    director
  30. 1999-03-31
    IOANNOU, Peter Andrew resigned
    director
  31. 1997-10-07
    GEORGIOU, George resigned
    director
  32. 1997-03-21
    PAPOUI, Kyriacos appointed
    secretary
  33. 1997-03-21
    AA COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  34. 1997-03-21
    GEORGIOU, George appointed
    director
  35. 1997-03-21
    IOANNOU, John Andrew appointed
    director
  36. 1997-03-21
    IOANNOU, Peter Andrew appointed
    director
  37. 1997-03-21
    PAPOUI, Kyriacos appointed
    director
  38. 1997-03-21
    PATSALIDES, Socrates appointed
    director
  39. 1997-03-21
    BUYVIEW LTD resigned
    corporate-nominee-director
  40. 1997-03-05
    🏢
    Company incorporated
    As AFLEX LIMITED
  41. 1997-03-05
    AA COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  42. 1997-03-05
    BUYVIEW LTD appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Eclipse Technology Services Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Eclipse Technology Services Limited
Corporate parent · holds 75-100% shares
ultimate parent
AFLEX LIMITED
This company · 03328137

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%
NameSharesVoting rightsNature of controlNotified
Eclipse Technology Services Limited
Corporate entity
75100%
75-100% shares31/05/2017
2 historic (ceased) PSCs
  • Ms Elena Patsalidesceased 31/05/2017· 25-50% shares
  • Mr Socrates Patsalidesceased 31/05/2017· 50-75% 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 →

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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
Incorporated1997-03-05
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

Salatin House
19 Cedar Road
Sutton
SM2 5DA
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (1 active · 12 resigned)

HOWLETT, John Christopher
director · ~48y · appointed 2017-06-07
View their other companies + combined net worth →
Active
CHANDLER, Piers
secretary · appointed 2017-06-07 · resigned 2021-10-01
Resigned
PAPOUI, Kyriacos
secretary · appointed 1997-03-21 · resigned 2005-04-14
Resigned
PATSALIDES, Elena
secretary · appointed 2005-04-14 · resigned 2017-06-07
Resigned
AA COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 1997-03-05 · resigned 1997-03-21
Resigned
CHANDLER, Piers
director · ~49y · appointed 2017-06-07 · resigned 2021-10-01
Resigned
GEORGIOU, George
director · ~74y · appointed 1997-03-21 · resigned 1997-10-07
Resigned
IOANNOU, John Andrew
director · ~65y · appointed 1997-03-21 · resigned 1999-03-31
Resigned
IOANNOU, Peter Andrew
director · ~65y · appointed 1997-03-21 · resigned 1999-03-31
Resigned
PAPOUI, Kyriacos
director · ~61y · appointed 1997-03-21 · resigned 2005-04-14
Resigned
PATSALIDES, Elena
director · ~60y · appointed 2007-06-01 · resigned 2017-06-07
Resigned
PATSALIDES, Socrates
director · ~61y · appointed 1997-03-21 · resigned 2017-06-07
Resigned
BUYVIEW LTD
corporate-nominee-director · appointed 1997-03-05 · resigned 1997-03-21
Resigned

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

Recent filings (93 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-21
termination-director-company-with-name-termination-date
officers · TM01
2021-11-04
termination-secretary-company-with-name-termination-date
officers · TM02
2021-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30