AFLEX LIMITED
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Average employees | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (42 events)Click to expand
- 2026-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-01➖CHANDLER, Piers resignedsecretary
- 2021-10-01➖CHANDLER, Piers resigneddirector
- 2020-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2017-06-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-06-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-06-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2017-06-07➕HOWLETT, John Christopher appointeddirector
- 2017-06-07➕CHANDLER, Piers appointedsecretary
- 2017-06-07➖PATSALIDES, Elena resignedsecretary
- 2017-06-07➕CHANDLER, Piers appointeddirector
- 2017-06-07➖PATSALIDES, Elena resigneddirector
- 2017-06-07➖PATSALIDES, Socrates resigneddirector
- 2007-06-01➕PATSALIDES, Elena appointeddirector
- 2005-04-14➖PAPOUI, Kyriacos resignedsecretary
- 2005-04-14➕PATSALIDES, Elena appointedsecretary
- 2005-04-14➖PAPOUI, Kyriacos resigneddirector
- 1999-03-31➖IOANNOU, John Andrew resigneddirector
- 1999-03-31➖IOANNOU, Peter Andrew resigneddirector
- 1997-10-07➖GEORGIOU, George resigneddirector
- 1997-03-21➕PAPOUI, Kyriacos appointedsecretary
- 1997-03-21➖AA COMPANY SERVICES LIMITED resignedcorporate-nominee-secretary
- 1997-03-21➕GEORGIOU, George appointeddirector
- 1997-03-21➕IOANNOU, John Andrew appointeddirector
- 1997-03-21➕IOANNOU, Peter Andrew appointeddirector
- 1997-03-21➕PAPOUI, Kyriacos appointeddirector
- 1997-03-21➕PATSALIDES, Socrates appointeddirector
- 1997-03-21➖BUYVIEW LTD resignedcorporate-nominee-director
- 1997-03-05🏢Company incorporatedAs AFLEX LIMITED
- 1997-03-05➕AA COMPANY SERVICES LIMITED appointedcorporate-nominee-secretary
- 1997-03-05➕BUYVIEW LTD appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanGroup structure
Eclipse Technology Services Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Eclipse Technology Services Limited Corporate entity | 75–100% | — | 75-100% shares | 31/05/2017 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 12 resigned)
Click a director name to see their full track record across all companies.