AFERRY LTD
🌳Matureactive
04127327 · ltd · incorporated 2000-12-18
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
79/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 3 lenders · oldest 23.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 7 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-smallaccounts · AA
- 2023-08-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-29🔓Charge satisfied #8
- 2022-09-27📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-04📄auditors-resignation-companyauditors · AUD
- 2021-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-fullaccounts · AA
- 2020-11-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-11-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-11-04➕HOWE-DAVIES, Michael John appointedsecretary
- 2020-11-04➖FLETCHER, Samantha resignedsecretary
- 2020-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-18🔒Charge registered #8Lender: Barclays Bank PLC
- 2019-11-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-04📄auditors-resignation-companyauditors · AUD
- 2019-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-02➖PITMAN, Sarah resigneddirector
- 2019-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-20📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-05-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-05-13➕FLETCHER, Samantha appointedsecretary
- 2019-05-13➖GREEN, Robert Edward resignedsecretary
- 2019-03-12🔓Charge satisfied #7
- 2017-12-14🔓Charge satisfied #6
- 2017-12-14🔓Charge satisfied #5
- 2017-12-14🔓Charge satisfied #2
- 2017-12-06🔒Charge registered #7Lender: Barclays Bank PLC
- 2011-10-06🔓Charge satisfied #4
- 2011-10-06🔓Charge satisfied #3
- 2011-10-06🔓Charge satisfied #1
- 2011-09-28🔒Charge registered #6Lender: Barclays Bank PLC
- 2010-04-08🔒Charge registered #5Lender: Barclays Bank PLC
- 2010-02-12🔒Charge registered #4Lender: Lloyds Tsb Commercial Finance Limited
- 2009-08-26➕HOWE-DAVIES, Michael John appointeddirector
- 2008-03-14🔒Charge registered #3Lender: Bank of Scotland PLC
- 2006-12-05➕GREEN, Robert Edward appointedsecretary
- 2006-12-05➖STEPHENS, Janette resignedsecretary
- 2004-02-20➖PLUMLEY, Fiona Joan Keess resignedsecretary
- 2004-02-20➕STEPHENS, Janette appointedsecretary
- 2004-01-05➖PLUMLEY, Fiona resigneddirector
- 2003-10-03➕HOWE DAVIES, James Alexander appointeddirector
- 2003-10-03➕PITMAN, Sarah appointeddirector
- 2003-10-03➕PLUMLEY, Fiona appointeddirector
- 2003-10-03🔒Charge registered #2Lender: Barclays Bank PLC
- 2002-11-25🔒Charge registered #1Lender: Barclays Bank PLC
- 2002-10-30➕PLUMLEY, Fiona Joan Keess appointedsecretary
- 2002-10-24➖MIDDLETON, Richard Peter resignedsecretary
Showing most recent 50 of 57 events
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2morrow Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
2morrow Group Ltd
Corporate parent · holds 75-100% shares
⬇
AFERRY LTD
This company · 04127327
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 |
|---|---|---|---|---|
2morrow Group Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Leisure & entertainment · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALAZNE UK LTD→ 16623028 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALFRESCO ACTIVE LTD→ 14003475 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AMB COMMUNICATIONS LIMITED→ 03659389 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ANNABEL'S WORLD LIMITED→ 15367567 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARDEN INTERNATIONAL MOTORSPORT LIMITED→ 03306870 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| ARRANGE MY TRAVEL LIMITED→ 09953892 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ASPIRE BODY TRANSFORMATIONS LTD→ 16312029 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASTOR CARE TICKETS LIMITED→ 09854465 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ATHLION LTD→ 12895629 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATOMIZER MANAGEMENT LIMITED→ 07974822 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ATTACK GOLF LIMITED→ 08808062 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ATTICIST PRODUCTIONS LTD→ 12025826 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2000-12-18
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities
Registered office
2morrow Court Appleford Road
Sutton Courtenay
Oxfordshire
OX14 4FH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (4 active · 9 resigned)
HOWE-DAVIES, Michael John→
Activesecretary · appointed 2020-11-04
View their other companies + combined net worth →
HOWE DAVIES, Christopher George→
Activedirector · ~80y · appointed 2002-01-01
View their other companies + combined net worth →
HOWE DAVIES, James Alexander→
Activedirector · ~48y · appointed 2003-10-03
View their other companies + combined net worth →
HOWE-DAVIES, Michael John→
Activedirector · ~46y · appointed 2009-08-26
View their other companies + combined net worth →
FLETCHER, Samantha→
Resignedsecretary · appointed 2019-05-13 · resigned 2020-11-04
GREEN, Robert Edward→
Resignedsecretary · appointed 2006-12-05 · resigned 2019-05-13
MIDDLETON, Richard Peter→
Resignedsecretary · appointed 2000-12-18 · resigned 2002-10-24
PLUMLEY, Fiona Joan Keess→
Resignedsecretary · appointed 2002-10-30 · resigned 2004-02-20
STEPHENS, Janette→
Resignedsecretary · appointed 2004-02-20 · resigned 2006-12-05
MIDDLETON, Richard Peter→
Resigneddirector · ~79y · appointed 2000-12-18 · resigned 2002-10-24
MIDDLETON, Susan Elizabeth→
Resigneddirector · ~74y · appointed 2000-12-18 · resigned 2001-12-31
PITMAN, Sarah→
Resigneddirector · ~61y · appointed 2003-10-03 · resigned 2019-10-02
PLUMLEY, Fiona→
Resigneddirector · ~69y · appointed 2003-10-03 · resigned 2004-01-05
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 18/06/2020 | 29/08/2023 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 06/12/2017 | 12/03/2019 | |
| satisfied | Barclays Barclays Bank PLC | Fixed & floating charge | 1 property | 28/09/2011 | 14/12/2017 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 08/04/2010 | 14/12/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 12/02/2010 | 06/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Debenture | 1 property | 14/03/2008 | 06/10/2011 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 03/10/2003 | 14/12/2017 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 25/11/2002 | 06/10/2011 |
Recent filings (118 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-small
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-small
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-small
accounts · AA
2023-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-small
accounts · AA
2022-09-27
auditors-resignation-company
auditors · AUD
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
accounts-with-accounts-type-full
accounts · AA
2021-10-03
accounts-with-accounts-type-full
accounts · AA
2020-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02
termination-secretary-company-with-name-termination-date
officers · TM02
2020-11-09