AFE SOFTWARE LTD
💤Zombieactive
04461701 · ltd · incorporated 2002-06-14
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 Apr 2025
Net worth
£607
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueAsset-holding vehicle with a 74-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). 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 (75/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 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 declaredPositive net assets
Net assets £607
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£607
Current Assets
£607
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £607 | — |
| Current assets | £607 | — |
| Net assets | £607 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-01-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-01-16➕GONG, Weikai appointedsecretary
- 2019-01-15➖QIN, Guanghua resignedsecretary
- 2018-10-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-12-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2002-06-14🏢Company incorporatedAs AFE SOFTWARE LTD
- 2002-06-14➕GONG, Naiguang, Dr appointeddirector
- 2002-06-14➕QIN, Guanghua appointedsecretary
- 2002-06-14➕INCORPORATE SECRETARIAT LIMITED appointedcorporate-nominee-secretary
- 2002-06-14➖INCORPORATE SECRETARIAT LIMITED resignedcorporate-nominee-secretary
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
100/100
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 74 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr. Naiguang Gong Individual · British · DOB 06/1952 · age 74 | 75–100% | — | sig. influence75-100% shares · significant influence | 04/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A PEAGREEN COMPANY LIMITED→ 04145093 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
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| AMPFIELD CONSULTING SERVICES LTD→ 10937733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDREW REIBEY WRITING LTD→ 09499724 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANGRYGINGE ENTERPRISES LTD→ 13908395 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ANIMUS PICTURES LIMITED→ 06763041 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ANLIND LIMITED→ 07341711 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ANSA MEDIA LTD→ 17080827 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANYDAY SOFTWARE LTD→ 13549495 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AONE BUSINESS INTELLIGENCE CONSULTANCY LTD→ 10478831 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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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
Incorporated2002-06-14
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
12 Bassett Crescent East
Southampton
SO16 7PB
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-07-16
Last: 2026-07-02
Officers (2 active · 2 resigned)
Active
GONG, Naiguang, Dr→
Activedirector · ~74y · appointed 2002-06-14
View their other companies + combined net worth →
QIN, Guanghua→
Resignedsecretary · appointed 2002-06-14 · resigned 2019-01-15
INCORPORATE SECRETARIAT LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-06-14 · resigned 2002-06-14
Click a director name to see their full track record across all companies.
Recent filings (58 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-dormant
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-07
accounts-with-accounts-type-dormant
accounts · AA
2021-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-dormant
accounts · AA
2020-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-07
accounts-with-accounts-type-dormant
accounts · AA
2019-11-11