AFRICAN CULTURAL EXCHANGE LIMITED

🌳Matureactive

03471844 · private-limited-guarant-nsc · incorporated 1997-11-26

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Performing arts

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 2.7y

35/100

too messy

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

· Newest facility, 2.7 years old — likely still in initial term.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (55/100)

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

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

19 officers (8 active, 19 linked, 16 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 mortgage

Last 180 days

filings

• 1 mortgage
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (51 events)Click to expand

2026-03-31
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
🔒
Charge registered #2
Lender: Hsbc UK Bank PLC (Company Number:09928412)
2025-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-01
🔓
Charge satisfied #1
2024-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-07
➕
BARNETT, Amika appointed
director
2024-11-07
➕
BURGUNDY, Denise Marcella appointed
director
2023-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-09
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03
🔒
Charge registered #1
Lender: Revelan Estates (South-West) Limited and Revelan Estates (Wednesfield) Limited (as Nominees for Revelan LLP)
2022-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
➖
ODUNSI, Oluwatoyin resigned
director
2022-10-26
➖
WALLACE, Maretha resigned
director
2021-11-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-21
➖
GENTLES, Jennifer Dawn resigned
director
2021-02-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-10-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-11-01
➕
UGBOH, Vincent appointed
director
2017-11-01
➖
WAITE, Iona Joanne resigned
director
2017-05-14
➕
GARDNER, Nigel Bryce appointed
director
2016-05-11
➖
KAPASI, Haki resigned
director
2016-05-11
➖
MILLIGAN GREEN, Madge resigned
director
2015-01-14
➕
KAPASI, Haki appointed
director
2015-01-14
➕
ODUNSI, Oluwatoyin appointed
director
2015-01-14
➕
WALLACE, Maretha appointed
director
2014-08-16
➖
BURKMAR, James Thomas resigned
director
2014-07-17
➕
WAITE, Iona Joanne appointed
director
2013-12-31
➖
SMITH, Lawrence Mark resigned
director
2010-02-02
➕
UDENZE, Paul Nnonyelu appointed
director
2010-02-02
➕
BURKMAR, James Thomas appointed
director
2010-02-02
➕
GENTLES, Jennifer Dawn appointed
director
2010-02-02
➕
MILLIGAN GREEN, Madge appointed
director
2010-02-02
➕
SMITH, Lawrence Mark appointed
director
1998-08-05
➕
PARMEL, Wayne Ian appointed
director
1998-08-05
➖
BERNARD, Joanne Michelle resigned
director
1997-11-26
🏢
Company incorporated
As AFRICAN CULTURAL EXCHANGE LIMITED
1997-11-26
➕
CLAXTON-PARMEL, Gail Hyacinth appointed
secretary
1997-11-26
➕
CLAXTON-PARMEL, Gail Hyacinth appointed
director
1997-11-26
➕
ON LINE REGISTRARS LIMITED appointed
corporate-nominee-secretary
1997-11-26
➖
ON LINE REGISTRARS LIMITED resigned
corporate-nominee-secretary
1997-11-26
➕
BERNARD, Joanne Michelle appointed
director
1997-11-26
➕
ON LINE FORMATIONS LIMITED appointed
corporate-nominee-director

Showing most recent 50 of 51 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Wayne Ian Parmel Individual · Trinidadian · DOB 03/1964 · age 62	—	—	sig. influencesignificant influence	16/10/2019

1 historic (ceased) PSC

Mr Wayne Ian Parmelceased 07/12/2018· significant influence

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

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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 →

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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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated1997-11-26

Jurisdictionengland-wales

Primary SIC90010 — Performing arts

Registered office

The Link Dance Space

Ground Floor

54-7 Floodgate Street

Birmingham West Midlands

B5 5SL

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-20

Last: 2025-11-06