AFFORDABLE ALUMINIUM SYSTEMS LIMITED

🌳Matureactive

05997067 · ltd · incorporated 2006-11-13

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 77-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 19.1y

35/100

too messy

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

· Oldest live charge is 19.1 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

15 officers (7 active, 15 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

12 connected companies via shared directors

Filing history

83 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £2,313,694

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Profit before tax	£2.31M	£2.34M
Average employees	95	1300

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2025-12-11
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-19
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-28
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-21
🔒
Charge registered #4
Lender: Lloyds Bank PLC (Company Number 2065)
2023-12-20
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-14
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-06
📄
accounts-with-accounts-type-full
accounts · AA
2022-05-17
📄
change-person-director-company-with-change-date
officers · CH01
2022-01-05
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-15
📄
accounts-with-accounts-type-full
accounts · AA
2021-03-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-03-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-23
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-09-23
📄
change-account-reference-date-company-current-extended
accounts · AA01
2020-06-29
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-25
🔒
Charge registered #3
Lender: Lloyds Bank PLC
2019-12-19
📄
accounts-with-accounts-type-small
accounts · AA
2019-01-07
📄
accounts-with-accounts-type-small
accounts · AA
2018-11-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-09-21
➕
FITZMAURICE, Steven appointed
director
2018-09-21
➕
GAUGHAN, Michael appointed
director
2018-09-21
➕
YOULES, Simon appointed
director
2018-09-21
➖
GAUGHAN, Lucy Theresa resigned
director
2018-09-21
➖
GAUGHAN, Matthew Stephen resigned
director
2018-09-21
➖
RIDGEWAY, Karen resigned
director
2017-02-25
➕
HOOP, Andrew appointed
director
2017-02-25
➕
MAGEEAN, Karen appointed
director
2017-02-25
➕
MYERS, Laurence Sydney George appointed
director
2017-02-25
➕
GAUGHAN, Lucy Theresa appointed
director
2017-02-25
➕
GAUGHAN, Matthew Stephen appointed
director
2017-02-25
➕
RIDGEWAY, Karen appointed
director
2016-05-26
🔓
Charge satisfied #2
2015-04-30
➖
SULLIVAN, Antony resigned
director
2014-01-29
➖
JARDINE, Adrian Willi George resigned
secretary
2014-01-29
➖
JARDINE, Adrian Willi George resigned
director
2010-12-24
🔒
Charge registered #2
Lender: Lloyds Tsb Bank PLC
2007-06-14
🔒
Charge registered #1
Lender: Lloyds Tsb Bank PLC
2007-03-22
➕
SULLIVAN, Antony appointed
director
2006-11-22
➕
GAUGHAN, Edward appointed
director
2006-11-22
➕
JARDINE, Adrian Willi George appointed
secretary
2006-11-22
➕
JARDINE, Adrian Willi George appointed
director
2006-11-14
➖
FORM 10 SECRETARIES FD LTD resigned
corporate-nominee-secretary
2006-11-14
➖
FORM 10 DIRECTORS FD LTD resigned
corporate-nominee-director
2006-11-13
🏢
Company incorporated
As AFFORDABLE ALUMINIUM SYSTEMS LIMITED
2006-11-13
➕
FORM 10 SECRETARIES FD LTD appointed
corporate-nominee-secretary
2006-11-13
➕
FORM 10 DIRECTORS FD LTD appointed
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 77 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 77 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 20 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.)

Group structure

Affordable Aluminium Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Affordable Aluminium Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

AFFORDABLE ALUMINIUM SYSTEMS LIMITED

This company · 05997067

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
Affordable Aluminium Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	07/11/2018

2 historic (ceased) PSCs

Mr Edward Gaughanceased 07/11/2018· significant influence
Mr Michael Gaughanceased 07/11/2018· significant influence

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 →

Similar companies

Active · Property · FY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & C DRYSDALE LTD→ 16250906 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
A HARRISON PROPERTIES LIMITED→ 16212895 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
A.H.M.I REALESTATE LIMITED→ 16676128 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ABL PROPERTY LIMITED→ 15170787 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ABO INVESTMENTS LTD→ 12255836 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ADC CAPITAL LTD→ 17047146 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ADF HOUSING LTD→ 15508874 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AGPI LTD→ 16752196 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AIRFRAME OFFICES LTD→ 11956697 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AIRFRAME PROPERTIES LIMITED→ 11807117 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
AISLING PROPERTY LIMITED→ 11037881 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AISLING PROPERTY MANAGEMENT LTD→ 16329629 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2006-11-13

Jurisdictionengland-wales

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Affordable Business Centre Beacon Road

Poulton Business Park

Poulton-Le-Fylde

FY6 8JE

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-27

Last: 2025-11-13