AFROTEC INDUSTRIES LIMITED
💤Zombieactive
05477625 · ltd · incorporated 2005-06-10
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 Jun 2025
Net worth
£261.8k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. 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 (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
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 £261,767
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£262k
↑ 1.2% YoY
Current Assets
£46k
↓ 74% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £261.8k | £258.7k |
| Current assets | £46.0k | £176.6k |
| Net assets | £261.8k | £258.7k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-15➖OKANLAWON, Lola resigneddirector
- 2022-10-15➖RUNSEWE, Olugbenga resigneddirector
- 2022-10-14➕RUNSEWE, Olukemi Olufemi appointeddirector
- 2022-03-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-03-01➖SIKUADE, Opeyemi resigneddirector
- 2010-02-28➖KANMARA SECRETARIES LTD resignedcorporate-secretary
- 2006-10-24➕KANMARA SECRETARIES LTD appointedcorporate-secretary
- 2005-10-24➖KEAZOR, Edward resignedsecretary
- 2005-07-29➕SIKUADE, Opeyemi appointeddirector
- 2005-06-10🏢Company incorporatedAs AFROTEC INDUSTRIES LIMITED
- 2005-06-10➕KEAZOR, Edward appointedsecretary
- 2005-06-10➕OKANLAWON, Lola appointeddirector
- 2005-06-10➕RUNSEWE, Olugbenga appointeddirector
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 |
|---|---|---|---|---|
Ms Olukemi Olufemi Runsewe Individual · Nigerian · DOB 08/1964 · age 62 | 75–100% | — | 75-100% shares | 15/10/2022 |
1 historic (ceased) PSC
- Mrs Lola Okanlawonceased 15/10/2022· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A & K BEAUTY LTD→ 07785866 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A D PAYROLL SOLUTIONS LTD→ 15825580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A J SARGEANT & CO LIMITED→ 10799430 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A.H.G ASSETS LTD→ 13916317 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADF POWER LTD→ 15560826 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AESTHETIC IMAGE LTD→ 15460526 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AG HAIRSTYLING SERVICES LIMITED→ 12665880 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGAW LIMITED→ 16619440 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGGLOMERATION LTD→ 16030637 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGILE CYBERSECURITY LTD→ 15618689 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGRICORP GROUP LIMITED→ 16472744 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGUILARITY LIMITED→ 16862956 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2005-06-10
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
19 Ryburn Road
Rotherham
S60 8AU
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26
Officers (1 active · 5 resigned)
RUNSEWE, Olukemi Olufemi→
Activedirector · ~62y · appointed 2022-10-14
View their other companies + combined net worth →
KEAZOR, Edward→
Resignedsecretary · appointed 2005-06-10 · resigned 2005-10-24
KANMARA SECRETARIES LTD→
Resignedcorporate-secretary · appointed 2006-10-24 · resigned 2010-02-28
OKANLAWON, Lola→
Resigneddirector · ~70y · appointed 2005-06-10 · resigned 2022-10-15
RUNSEWE, Olugbenga→
Resigneddirector · ~72y · appointed 2005-06-10 · resigned 2022-10-15
SIKUADE, Opeyemi→
Resigneddirector · ~68y · appointed 2005-07-29 · resigned 2013-03-01
Click a director name to see their full track record across all companies.
Recent filings (61 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-13
accounts-with-accounts-type-dormant
accounts · AA
2023-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-26
termination-director-company-with-name-termination-date
officers · TM01
2022-10-26
termination-director-company-with-name-termination-date
officers · TM01
2022-10-26
appoint-person-director-company-with-name-date
officers · AP01
2022-10-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26