A.F. NORMAN CHEMISTS LIMITED
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
1 live charge · oldest 6.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £94.8k | £136.0k |
| Current assets | £291.4k | £344.5k |
| Cash | £92.5k | £127.0k |
| Debtors | £173.9k | £162.5k |
| Net assets | £26.0k | £39.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
Corporate timeline (29 events)Click to expand
- 2025-08-22📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2025-08-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-05📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-09-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-08-24📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-23📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-08-23📍change-sail-address-company-with-new-addressaddress · AD02
- 2019-06-17➕LENNON, Christopher John appointeddirector
- 2019-06-17➖NORMAN, Janet resignedsecretary
- 2019-06-17➖NORMAN, Arthur Frederick resigneddirector
- 2019-06-17🔒Charge registered #1Lender: Wesleyan Bank Limited
- 2002-09-09➕NORMAN, Janet appointedsecretary
- 2002-09-09➕NORMAN, Arthur Frederick appointeddirector
- 2002-09-02➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2002-09-02➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2002-08-29🏢Company incorporatedAs A.F. NORMAN CHEMISTS LIMITED
- 2002-08-29➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2002-08-29➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
The Pharmshop Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
The Pharmshop Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/06/2019 |
2 historic (ceased) PSCs
- Mr Arthur Frederick Normanceased 17/06/2019· 25-50% shares · 25-50% voting
- Mrs Janet Normanceased 17/06/2019· 25-50% shares · 25-50% voting
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
Active · Retail · CA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4 YOUR HOME 2 YOUR HOME LTD.→ 11365909 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 789 NATION LIMITED→ 14615621 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A M CARAVANS CARLISLE LIMITED→ 15820714 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AA CARPETS LIMITED→ 03919215 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ABRAAJ ENTERPRISES LTD→ 16987467 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE SPORTS AND NUTRITION LTD→ 14295683 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACANTHA CRYSTALS LIMITED→ 14301444 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACUMEN INTERIORS LIMITED→ 11644522 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AGE UK NORTH CUMBRIA→ 06785041 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AGENZIA LIMITED→ 08568378 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AH EQUIPMENT LTD→ 15919898 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIME SORIANO LTD→ 16545588 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 →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 (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wesleyan Bank Wesleyan Bank Limited | A registered charge | — | 17/06/2019 | — |