AFC EUROPE (HOLDINGS) LIMITED

🌳Matureactive
05978660 · ltd · incorporated 2006-10-26
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 8 lenders · oldest 19.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
28 officers (7 active, 28 linked, 23 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
164 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (89 events)Click to expand
  1. 2025-09-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-07-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-10-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2024-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-09-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-09-15
    JACKSON, Alan Leslie resigned
    director
  7. 2023-09-12
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2023-08-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-08-01
    SANDERS, Stephen John appointed
    director
  10. 2023-01-06
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2022-07-25
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2022-07-20
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2022-07-06
    📄
    memorandum-articles
    incorporation · MA
  14. 2022-07-06
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-07-05
    📄
    capital-name-of-class-of-shares
    capital · SH08
  16. 2022-07-04
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  17. 2022-06-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2022-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2022-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-06-29
    BROWN, Christopher James appointed
    director
  25. 2022-06-29
    GODIN, Kevin appointed
    director
  26. 2022-06-29
    MCCARTHY, Kevin appointed
    director
  27. 2022-06-29
    SMITH, Graham Alan resigned
    secretary
  28. 2022-06-29
    SMITH, Graham Alan resigned
    director
  29. 2022-06-29
    SMITH, Matthew James resigned
    director
  30. 2022-06-29
    STEVENS, Michael James resigned
    director
  31. 2022-06-29
    🔓
    Charge satisfied #9
  32. 2022-05-26
    🔓
    Charge satisfied #4
  33. 2020-10-01
    BILLINGE, Christopher Andrew appointed
    director
  34. 2020-06-01
    TEALE, Steven resigned
    director
  35. 2019-09-16
    CLARKE, Martin Hugh resigned
    director
  36. 2019-04-01
    STEVENS, Michael James appointed
    director
  37. 2019-02-19
    IVERSEN, Hans Christian resigned
    director
  38. 2018-09-01
    IVERSEN, Hans Christian appointed
    director
  39. 2018-08-30
    🔓
    Charge satisfied #8
  40. 2018-01-23
    RYAN, Elizabeth Emma Podbury resigned
    director
  41. 2018-01-23
    SMITH, Matthew James appointed
    director
  42. 2017-05-23
    WRIGHT, Richard Crossley resigned
    director
  43. 2017-02-28
    RYAN, Elizabeth Emma Podbury appointed
    director
  44. 2017-02-28
    THORP, Thomas Alexander resigned
    director
  45. 2016-04-01
    WRIGHT, Richard Crossley appointed
    director
  46. 2015-09-01
    JACKSON, Alan Leslie appointed
    director
  47. 2015-07-31
    DAVIS, Evelyn Jane resigned
    director
  48. 2015-05-30
    FRANCIS, John Stuart resigned
    secretary
  49. 2015-04-01
    KENTISH, Keith Roberts appointed
    director
  50. 2015-04-01
    TEALE, Steven appointed
    director
Showing most recent 50 of 89 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 19 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-07-07: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jeffrey Mark Drazan
Individual · American · DOB 09/1958 · age 68
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/06/2022
2 historic (ceased) PSCs
  • Foresight Enterprise Vct Plcceased 29/06/2022· 25-50% shares · 25-50% voting
  • Foresight Vct Plcceased 22/06/2017· 25-50% shares · 25-50% voting

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

6 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
Incorporated2006-10-26
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Hale House Ghyll Industrial
Estate Heathfield
East Sussex
TN21 8AW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13

Officers (7 active · 21 resigned)

BILLINGE, Christopher Andrew
director · ~54y · appointed 2020-10-01
View their other companies + combined net worth →
Active
BROWN, Christopher James
director · ~42y · appointed 2022-06-29
View their other companies + combined net worth →
Active
BURGOYNE, Morgan
director · ~63y · appointed 2007-03-07
View their other companies + combined net worth →
Active
GODIN, Kevin
director · ~50y · appointed 2022-06-29
View their other companies + combined net worth →
Active
KENTISH, Keith Roberts
director · ~51y · appointed 2015-04-01
View their other companies + combined net worth →
Active
MCCARTHY, Kevin
director · ~64y · appointed 2022-06-29
View their other companies + combined net worth →
Active
SANDERS, Stephen John
director · ~54y · appointed 2023-08-01
View their other companies + combined net worth →
Active
DAVIS, Evelyn Jane
secretary · appointed 2007-03-06 · resigned 2008-06-02
Resigned
FRANCIS, John Stuart
secretary · appointed 2008-06-02 · resigned 2015-05-30
Resigned
SMITH, Graham Alan
secretary · appointed 2008-11-27 · resigned 2022-06-29
Resigned
LEE & PRIESTLEY SECRETARY LIMITED
corporate-secretary · appointed 2006-10-26 · resigned 2007-03-06
Resigned
CLARKE, Martin Hugh
director · ~73y · appointed 2007-03-07 · resigned 2019-09-16
Resigned
DAVIS, Evelyn Jane
director · ~71y · appointed 2007-03-06 · resigned 2015-07-31
Resigned
GASSON, Kay
director · ~61y · appointed 2007-09-22 · resigned 2008-06-02
Resigned
GOODE, Brian Robert
director · ~80y · appointed 2007-03-06 · resigned 2012-03-31
Resigned
HERHOLD, Berndt
director · ~77y · appointed 2007-03-06 · resigned 2014-10-08
Resigned
IVERSEN, Hans Christian
director · ~70y · appointed 2018-09-01 · resigned 2019-02-19
Resigned
JACKSON, Alan Leslie
director · ~67y · appointed 2015-09-01 · resigned 2023-09-15
Resigned
MACLENNAN, Donald Alexander
director · ~75y · appointed 2007-03-06 · resigned 2013-09-27
Resigned
RYAN, Elizabeth Emma Podbury
director · ~41y · appointed 2017-02-28 · resigned 2018-01-23
Resigned

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

Mortgages & charges

9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property03/11/201129/06/2022
satisfied
David Hale
Debenture1 property03/11/201130/08/2018
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Debenture1 property02/04/200805/11/2011
satisfied
John Paul Davis
Debenture1 property02/04/200805/11/2011
satisfied
Nigel Clive Bond
Debenture1 property02/04/200805/11/2011
satisfied
Foresight 2 Vct as Security Trustee on Behalf of Foresight 3 Vct and Foresight 4 Vctplc
Foresight 2 Vct PLC as Security Trustee on Behalf of Foresight 3 Vct PLC and Foresight 4 Vctplc
Debenture1 property07/03/200726/05/2022
satisfied
Euro Sales Finance
Euro Sales Finance PLC
Fixed and floating charge1 property07/03/200715/04/2008
satisfied
David Gerald Royston Hale and the Vendors (For Further Details of the Vendors Please Refer Toform 395)
Debenture1 property07/03/200705/11/2011
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property07/03/200715/04/2008

Recent filings (164 total)

accounts-with-accounts-type-group
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
certificate-change-of-name-company
change-of-name · CERTNM
2025-07-07
accounts-with-accounts-type-group
accounts · AA
2024-10-09
change-person-director-company-with-change-date
officers · CH01
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
termination-director-company-with-name-termination-date
officers · TM01
2023-09-18
accounts-with-accounts-type-group
accounts · AA
2023-09-12
appoint-person-director-company-with-name-date
officers · AP01
2023-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-group
accounts · AA
2023-01-06
change-account-reference-date-company-current-shortened
accounts · AA01
2022-07-25
resolution
resolution · RESOLUTIONS
2022-07-20
memorandum-articles
incorporation · MA
2022-07-06