AFLEX CABLES LIMITED

🌳Matureactive
04220613 · ltd · incorporated 2001-05-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£886.3k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 67). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £886,262

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£886k
↑ 6.1% YoY
Current Assets
£1.1m
↑ 6.9% YoY
Current Liabilities
£0£228k£456k£685k£913k£1.1mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£889.3k£841.2k
Current assets£1.14M£1.07M
Net assets£886.3k£835.2k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-05-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-22
    BARNETT, Sarah Madeleine appointed
    director
  4. 2024-03-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-22
    WOOD, John Reinhardt resigned
    director
  8. 2022-06-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-11-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-11-18
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  12. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-06-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-06-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2018-06-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-03-09
    WILCOCKSON, Helen Louise resigned
    secretary
  19. 2012-11-29
    WOOD, John Reinhardt appointed
    director
  20. 2011-03-09
    WILCOCKSON, Kenneth resigned
    director
  21. 2003-07-24
    TUMMONS, Philip resigned
    secretary
  22. 2003-07-24
    WILCOCKSON, Helen Louise appointed
    secretary
  23. 2003-07-24
    JACKLIN, John James resigned
    director
  24. 2002-04-23
    BARNETT, Keith appointed
    director
  25. 2002-04-23
    WILCOCKSON, Kenneth appointed
    director
  26. 2001-05-23
    TUMMONS, Philip appointed
    secretary
  27. 2001-05-23
    BRIGHTON SECRETARY LIMITED resigned
    corporate-nominee-secretary
  28. 2001-05-23
    JACKLIN, John James appointed
    director
  29. 2001-05-23
    BRIGHTON DIRECTOR LIMITED resigned
    corporate-nominee-director
  30. 2001-05-21
    🏢
    Company incorporated
    As AFLEX CABLES LIMITED
  31. 2001-05-21
    BRIGHTON SECRETARY LIMITED appointed
    corporate-nominee-secretary
  32. 2001-05-21
    BRIGHTON DIRECTOR LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Keith Barnett
Individual · British · DOB 11/1959 · age 67
75100%
75-100% shares01/06/2016
1 historic (ceased) PSC
  • Mrs Sarah Barnettceased 18/11/2020· 25-50% shares

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

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 →
🔒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
Incorporated2001-05-21
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

Unit 7 Tokenspire Business Park
Hull Road
Beverley
East Yorkshire
HU17 0TB

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08

Officers (2 active · 7 resigned)

BARNETT, Keith
director · ~67y · appointed 2002-04-23
View their other companies + combined net worth →
Active
BARNETT, Sarah Madeleine
director · ~62y · appointed 2024-03-22
View their other companies + combined net worth →
Active
TUMMONS, Philip
secretary · appointed 2001-05-23 · resigned 2003-07-24
Resigned
WILCOCKSON, Helen Louise
secretary · appointed 2003-07-24 · resigned 2018-03-09
Resigned
BRIGHTON SECRETARY LIMITED
corporate-nominee-secretary · appointed 2001-05-21 · resigned 2001-05-23
Resigned
JACKLIN, John James
director · ~71y · appointed 2001-05-23 · resigned 2003-07-24
Resigned
WILCOCKSON, Kenneth
director · ~80y · appointed 2002-04-23 · resigned 2011-03-09
Resigned
WOOD, John Reinhardt
director · ~66y · appointed 2012-11-29 · resigned 2022-06-22
Resigned
BRIGHTON DIRECTOR LIMITED
corporate-nominee-director · appointed 2001-05-21 · resigned 2001-05-23
Resigned

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

Recent filings (86 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-20
appoint-person-director-company-with-name-date
officers · AP01
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
termination-director-company-with-name-termination-date
officers · TM01
2022-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-11-18