A F FASTENERS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
6 live charges · 6 lenders · oldest 23.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 40 | 3100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
Corporate timeline (65 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24🔒Charge registered #6Lender: Rbs Invoice Finance LTD
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-20➕MCKAY, Elizabeth Ann appointeddirector
- 2020-11-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-09-27🔓Charge satisfied #4
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-08🔒Charge registered #5Lender: National Westminster Bank PLC
- 2019-03-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-03-11➕MCKAY, Elizabeth Ann appointedsecretary
- 2017-12-12➖STOLYAROVA, Elena resigneddirector
- 2016-04-18🔓Charge satisfied #3
- 2016-04-01🔒Charge registered #4Lender: Lloyds Bank PLC
- 2015-04-01🔒Charge registered #3Lender: Barclays Bank PLC
- 2014-04-01➖BENNETT, Andrew James resigneddirector
- 2014-01-02➕GRACE, Rosemary appointeddirector
- 2014-01-02➕SARGEANT, Andrew James appointeddirector
- 2013-04-12➖KIPPAX, Neil resigneddirector
- 2013-04-08➖KIPPAX, Neil resignedsecretary
- 2012-04-19➕STOLYAROVA, Elena appointeddirector
- 2011-06-30➕BENNETT, Andrew James appointeddirector
- 2011-06-30➖NOLLETH, Ian resigneddirector
- 2009-04-01➕KIPPAX, Neil appointedsecretary
- 2009-03-31➖RIX, Pamela resignedsecretary
- 2009-03-31➖RIX, Pamela resigneddirector
- 2004-08-25🔓Charge satisfied #1
- 2004-08-17➖DEAN, Lester Gerald resignedsecretary
- 2004-08-17➕RIX, Pamela appointedsecretary
- 2004-08-17➖DEAN, Arthur William resigneddirector
- 2004-08-17➖DEAN, Lester Gerald resigneddirector
- 2004-08-17➖DEAN, Nicholas Arthur resigneddirector
- 2004-08-17➖DEAN, Phillip Arthur resigneddirector
- 2004-08-17➖DEAN, Phyllis Magdalene resigneddirector
- 2004-08-17➕KIPPAX, Neil appointeddirector
- 2004-08-17➕NOLLETH, Ian appointeddirector
- 2004-08-17➕RIX, Pamela appointeddirector
- 2004-08-17➖SWANN, Julia Ann resigneddirector
- 2004-08-17🔒Charge registered #2Lender: Sandhoe Limited
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 28 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Francoise Camille Bougourd Individual · British · DOB 06/1971 · age 55 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest | 06/04/2022 |
3 historic (ceased) PSCs
- Mr Sebastien Bernard Joel Moermanceased 03/05/2023· 25-50% shares · 25-50% voting · board control · significant influence · trust interest
- Mr Jonathan Robbinsceased 06/04/2022· 25-50% shares · 25-50% voting · board control · significant influence · trust interest
- Horizon Ventures Limitedceased 06/04/2016· 75-100% 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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8 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 (4 active · 17 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 24/07/2024 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 08/07/2019 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 01/04/2016 | 27/09/2019 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 01/04/2015 | 18/04/2016 | |
| outstanding | Sandhoe Sandhoe Limited | Rent deposit deed | 1 property | 17/08/2004 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 30/04/2003 | 25/08/2004 |