AFRICAN FOUNDATION FOR DEVELOPMENT (AFFORD)

🌳Matureactive
04772972 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-05-21
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 16.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£104.0k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 16.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 16.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 20 with DOB)
88
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £103,960

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£104k
Current Assets
£192k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£104.0k
Current assets£192.3k
Net assets£104.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2026-02-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-04-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-04-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-04-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-03-31
    ➖
    OSENGOR, Martin resigned
    director
  7. 2022-02-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-05-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-12-31
    ➖
    INYUNDO, Francis Weboko resigned
    director
  11. 2019-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2019-12-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-07-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2019-07-09
    🔓
    Charge satisfied #1
  15. 2019-05-31
    ➖
    FAAL, Gibril resigned
    director
  16. 2018-12-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2018-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2018-02-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2014-06-23
    ➕
    DARAMY, Adeyemi Olusegun Abiose appointed
    director
  21. 2014-06-23
    ➕
    NJOKU, Ndidi appointed
    director
  22. 2014-06-23
    ➖
    TAYLOR, Efua Florence Martha Kurankyiwa resigned
    secretary
  23. 2014-06-23
    ➕
    INYUNDO, Francis Weboko appointed
    director
  24. 2014-06-23
    ➖
    TAYLOR, Efua Florence Martha Kurankyiwa resigned
    director
  25. 2013-12-09
    ➖
    OGUNSOLA, Abiola, Dr resigned
    director
  26. 2013-04-01
    ➖
    GUEYE, Oumou Kalthom resigned
    director
  27. 2013-04-01
    ➖
    LEWIS KAMARA, Bockarie resigned
    director
  28. 2009-08-20
    🔒
    Charge registered #1
    Lender: Glaxen Investments Limited
  29. 2009-02-26
    ➖
    CHITIGA, Rudo Mabel resigned
    director
  30. 2008-02-21
    ➖
    SUMATA, Claude, Dr resigned
    director
  31. 2007-01-24
    ➕
    EWUOLA, Olayinka appointed
    director
  32. 2007-01-24
    ➖
    ABDULAHI, Fatuma resigned
    director
  33. 2007-01-24
    ➖
    ATAMPUGRE, Nicholas resigned
    director
  34. 2007-01-24
    ➖
    AVOTRI, Mary Ann resigned
    director
  35. 2007-01-24
    ➕
    CHITIGA, Rudo Mabel appointed
    director
  36. 2007-01-24
    ➕
    LEWIS KAMARA, Bockarie appointed
    director
  37. 2007-01-24
    ➖
    ODE, Alache resigned
    director
  38. 2007-01-24
    ➕
    OSENGOR, Martin appointed
    director
  39. 2004-12-28
    ➖
    MUYA, Claude resigned
    director
  40. 2003-09-02
    ➖
    FAAL, Gibril resigned
    secretary
  41. 2003-09-02
    ➕
    TAYLOR, Efua Florence Martha Kurankyiwa appointed
    secretary
  42. 2003-05-27
    ➕
    ABDULAHI, Fatuma appointed
    director
  43. 2003-05-27
    ➖
    ASFAHA, Shoa, Dr resigned
    director
  44. 2003-05-27
    ➖
    ASHAMI, Maknun Gamaledin, Dr resigned
    director
  45. 2003-05-27
    ➖
    ELAGIB, Aliya resigned
    director
  46. 2003-05-27
    ➕
    GUEYE, Oumou Kalthom appointed
    director
  47. 2003-05-27
    ➕
    ODE, Alache appointed
    director
  48. 2003-05-27
    ➕
    SUMATA, Claude, Dr appointed
    director
  49. 2003-05-21
    🏢
    Company incorporated
    As AFRICAN FOUNDATION FOR DEVELOPMENT (AFFORD)
  50. 2003-05-21
    ➕
    FAAL, Gibril appointed
    secretary
Showing most recent 50 of 59 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 23 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Adeyemi Olusegun Abiose Daramy
Individual · British · DOB 03/1955 · age 71
——sig. influencesignificant influence06/04/2016
Ms Ndidi Njoku
Individual · British · DOB 06/1975 · age 51
——sig. influencesignificant influence06/04/2016

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 →

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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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2003-05-21
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.

Registered office

Rich Mix Building 35-47 Bethnal Green Road
Shoreditch
London
E1 6LA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08

Officers (3 active · 19 resigned)

DARAMY, Adeyemi Olusegun Abiose→
director · ~71y · appointed 2014-06-23
View their other companies + combined net worth →
Active
EWUOLA, Olayinka→
director · ~45y · appointed 2007-01-24
View their other companies + combined net worth →
Active
NJOKU, Ndidi→
director · ~51y · appointed 2014-06-23
View their other companies + combined net worth →
Active
FAAL, Gibril→
secretary · appointed 2003-05-21 · resigned 2003-09-02
Resigned
TAYLOR, Efua Florence Martha Kurankyiwa→
secretary · appointed 2003-09-02 · resigned 2014-06-23
Resigned
ABDULAHI, Fatuma→
director · ~52y · appointed 2003-05-27 · resigned 2007-01-24
Resigned
ASFAHA, Shoa, Dr→
director · ~72y · appointed 2003-05-21 · resigned 2003-05-27
Resigned
ASHAMI, Maknun Gamaledin, Dr→
director · ~80y · appointed 2003-05-21 · resigned 2003-05-27
Resigned
ATAMPUGRE, Nicholas→
director · ~70y · appointed 2003-05-21 · resigned 2007-01-24
Resigned
AVOTRI, Mary Ann→
director · ~60y · appointed 2003-05-21 · resigned 2007-01-24
Resigned
CHITIGA, Rudo Mabel→
director · ~66y · appointed 2007-01-24 · resigned 2009-02-26
Resigned
ELAGIB, Aliya→
director · ~73y · appointed 2003-05-21 · resigned 2003-05-27
Resigned
FAAL, Gibril→
director · ~59y · appointed 2003-05-21 · resigned 2019-05-31
Resigned
GUEYE, Oumou Kalthom→
director · ~49y · appointed 2003-05-27 · resigned 2013-04-01
Resigned
INYUNDO, Francis Weboko→
director · ~53y · appointed 2014-06-23 · resigned 2020-12-31
Resigned
LEWIS KAMARA, Bockarie→
director · ~62y · appointed 2007-01-24 · resigned 2013-04-01
Resigned
MUYA, Claude→
director · ~68y · appointed 2003-05-21 · resigned 2004-12-28
Resigned
ODE, Alache→
director · ~67y · appointed 2003-05-27 · resigned 2007-01-24
Resigned
OGUNSOLA, Abiola, Dr→
director · ~73y · appointed 2003-05-21 · resigned 2013-12-09
Resigned
OSENGOR, Martin→
director · ~57y · appointed 2007-01-24 · resigned 2023-03-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Glaxen Investments
Glaxen Investments Limited
Rent deposit deed1 property20/08/200909/07/2019

Recent filings (100 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-small
accounts · AA
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-small
accounts · AA
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
termination-director-company-with-name-termination-date
officers · TM01
2023-04-04
accounts-with-accounts-type-small
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-small
accounts · AA
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-small
accounts · AA
2021-05-06
termination-director-company-with-name-termination-date
officers · TM01
2021-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-16