A.F.M LIMITED

💤Zombieactive
03350007 · ltd · incorporated 1997-04-10
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
£94.1k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). 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: share sale to pe / searcher (73/100).

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (2 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 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
80/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £94,146
Net assets shrinking
Down £12,649 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£94k
↓ 12% YoY
Current Assets
£183k
↓ 18% YoY
Current Liabilities
—
£0£44k£89k£133k£178k£222kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£94.1k£106.8k
Current assets£182.7k£221.9k
Net assets£94.1k£106.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2023-06-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-04-14
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  9. 2021-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-10-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-26
    📄
    second-filing-of-form-with-form-type-made-up-date
    document-replacement · RP04
  16. 2012-03-30
    ➖
    MICHEL, Christopher Albert Maxwell resigned
    director
  17. 2010-12-01
    ➕
    MICHEL, Alastair Julian appointed
    secretary
  18. 2010-12-01
    ➖
    RPD REGISTRARS LIMITED resigned
    corporate-secretary
  19. 2004-06-01
    ➖
    BRIDEWELL, Martin William resigned
    secretary
  20. 2004-05-01
    ➕
    RPD REGISTRARS LIMITED appointed
    corporate-secretary
  21. 2004-01-05
    ➕
    MICHEL, Alastair appointed
    director
  22. 2003-01-13
    ➖
    CALDERBANK, Richard Ian resigned
    director
  23. 2002-04-30
    ➖
    DAWSON, Emma Jane resigned
    director
  24. 2002-03-21
    ➕
    BRIDEWELL, Martin William appointed
    secretary
  25. 2002-02-01
    ➖
    MICHEL, Alastair Julian Maxwell resigned
    secretary
  26. 2002-02-01
    ➖
    MICHEL, Alastair Julian Maxwell resigned
    director
  27. 2001-07-01
    ➕
    CALDERBANK, Richard Ian appointed
    director
  28. 1999-04-01
    ➕
    DAWSON, Emma Jane appointed
    director
  29. 1999-03-30
    ➖
    CALDERBANK, Richard Ian resigned
    secretary
  30. 1999-03-30
    ➕
    MICHEL, Alastair Julian Maxwell appointed
    secretary
  31. 1997-04-10
    🏢
    Company incorporated
    As A.F.M LIMITED
  32. 1997-04-10
    ➕
    CALDERBANK, Richard Ian appointed
    secretary
  33. 1997-04-10
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  34. 1997-04-10
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  35. 1997-04-10
    ➕
    MICHEL, Alastair Julian Maxwell appointed
    director
  36. 1997-04-10
    ➕
    MICHEL, Christopher Albert Maxwell appointed
    director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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.)

Group structure

Maxwell Cross Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Maxwell Cross Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
A.F.M LIMITED
This company · 03350007

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
Maxwell Cross Ltd
Corporate entity
75–100%
—75-100% shares12/04/2016
1 historic (ceased) PSC
  • Mr Alastair Julian Maxwell Michelceased 12/04/2016· 50-75% shares · 50-75% voting · board control

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
Incorporated1997-04-10
Jurisdictionengland-wales
Primary SIC52103 — SIC 52103

Registered office

Unit 10 Parkside Shortgate Lane
Laughton
Lewes
East Sussex
BN8 6DG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (2 active · 9 resigned)

MICHEL, Alastair Julian→
secretary · appointed 2010-12-01
View their other companies + combined net worth →
Active
MICHEL, Alastair→
director · ~60y · appointed 2004-01-05
View their other companies + combined net worth →
Active
BRIDEWELL, Martin William→
secretary · appointed 2002-03-21 · resigned 2004-06-01
Resigned
CALDERBANK, Richard Ian→
secretary · appointed 1997-04-10 · resigned 1999-03-30
Resigned
MICHEL, Alastair Julian Maxwell→
secretary · appointed 1999-03-30 · resigned 2002-02-01
Resigned
RPD REGISTRARS LIMITED→
corporate-secretary · appointed 2004-05-01 · resigned 2010-12-01
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1997-04-10 · resigned 1997-04-10
Resigned
CALDERBANK, Richard Ian→
director · ~57y · appointed 2001-07-01 · resigned 2003-01-13
Resigned
DAWSON, Emma Jane→
director · ~56y · appointed 1999-04-01 · resigned 2002-04-30
Resigned
MICHEL, Alastair Julian Maxwell→
director · ~60y · appointed 1997-04-10 · resigned 2002-02-01
Resigned
MICHEL, Christopher Albert Maxwell→
director · ~88y · appointed 1997-04-10 · resigned 2012-03-30
Resigned

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

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-06-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2022-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-14