AFFINITY CATERING LIMITED
🚨Distressedactive
06003629 · ltd · incorporated 2006-11-20
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
£-791.0k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 55/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
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
3 officers (1 active, 3 linked, 2 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
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £790,951
Key financials
2 years extracted from filed iXBRL accountsCash
£27k
Net Worth
-£791k
Current Assets
£45k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £-756.9k | — |
| Current assets | £45.0k | — |
| Cash | £26.7k | — |
| Debtors | £1.1k | — |
| Net assets | £-791.0k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
2
filings
- • 1 persons-with-significant-control
- • 1 officers
Last 90 days
3
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 accounts
Last 180 days
5
filings
- • 1 persons-with-significant-control
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-05-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-06📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-10-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-01📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-05-27📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-19➖HARVEY, Gillian resignedsecretary
- 2024-09-19➖HARVEY, Gillian resigneddirector
- 2024-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-11-20🏢Company incorporatedAs AFFINITY CATERING LIMITED
- 2006-11-20➕HARVEY, Richard Karl appointeddirector
- 2006-11-20➕HARVEY, Gillian appointedsecretary
- 2006-11-20➕HARVEY, Gillian appointeddirector
Owner dependency
93/100
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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
73/100
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.
- 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.
Red flags
1 high · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Karl Harvey Individual · British · DOB 01/1964 · age 62 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/11/2024 |
1 historic (ceased) PSC
- Mrs Gillian Harveyceased 20/11/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST FOOD LTD→ 13737868 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 71 LOUNGE LIMITED→ 16195796 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A - BITES AFRICAN PASTRY & RESTAURANT KITCHEN LTD→ 16668481 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 FOOD LTD→ 16510912 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA SAFFRON LOUNGE LTD→ 15361423 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AAYAT ASIA LTD→ 16507001 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBIE’S EVENT & CATERING SERVICES LTD→ 17126265 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADIYAMAN ELBISTAN 0246 LTD→ 15359643 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADRIAN & SOPHIE LTD→ 13662975 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AE FAST FOOD LTD→ 13980272 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AFORDERBLE CATERING LTD→ 16496654 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFRICAN PRIDE FOODS LTD→ 10945483 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2006-11-20
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants
Registered office
Chalkwell Park Rooms Chalkwell Park
London Road
Westcliff-On-Sea
SS0 8NB
England
Filing status
Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (1 active · 2 resigned)
HARVEY, Richard Karl→
Activedirector · ~62y · appointed 2006-11-20
View their other companies + combined net worth →
HARVEY, Gillian→
Resignedsecretary · appointed 2006-11-20 · resigned 2024-09-19
HARVEY, Gillian→
Resigneddirector · ~59y · appointed 2006-11-20 · resigned 2024-09-19
Click a director name to see their full track record across all companies.
Recent filings (59 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-06
change-person-director-company-with-change-date
officers · CH01
2026-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-17
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-01
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-05
change-person-director-company-with-change-date
officers · CH01
2024-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-25
termination-director-company-with-name-termination-date
officers · TM01
2024-09-19