AFRI MARKETS LIMITED
💤Zombieactive
06198542 · ltd · incorporated 2007-04-02
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 Oct 2024
Net worth
£4.0k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 58290Other software publishing
- 62012Business and domestic software development
- 64999Financial intermediation not elsewhere classified
Investor take
PursueAsset-holding vehicle with a 73-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). 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: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 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
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
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 £4,030
Net assets shrinking
Down £10,200 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↓ 72% YoY
Current Assets
£175k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £115.3k | £14.2k |
| Current assets | £175.1k | £175.1k |
| Net assets | £4.0k | £14.2k |
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
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-16📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-16📄capital-allotment-sharescapital · SH01
- 2016-11-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2016-10-20📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-10-31➕AGBOOLA, Fanla Adegoke appointeddirector
- 2010-10-31➖AYONMIKE, Dorothy resignedsecretary
- 2010-10-31➖UWERHI, Beatrice resigneddirector
- 2007-04-23➖UWERI, Derek resigneddirector
- 2007-04-02🏢Company incorporatedAs AFRI MARKETS LIMITED
- 2007-04-02➕AYONMIKE, Dorothy appointedsecretary
- 2007-04-02➕AYONMIKE, Dorothy appointeddirector
- 2007-04-02➖AYONMIKE, Dorothy resigneddirector
- 2007-04-02➕UWERHI, Beatrice appointeddirector
- 2007-04-02➕UWERI, Derek appointeddirector
Owner dependency
100/100
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 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
98/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 19 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
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 |
|---|---|---|---|---|
F A Agboola Individual | 75–100% | — | 75-100% shares | 01/05/2016 |
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 →Similar companies
Active · Wholesale & distribution · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.E. VAUGHAN & CO. LIMITED→ 02604976 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ADIERE LTD→ 15581979 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AERONAUT SOLUTIONS LIMITED→ 16767751 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AERSPEED PUBLICATIONS LIMITED→ 02510560 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| AFRICA TRADE & INDUSTRIAL CORPORATION LIMITED→ 02344464 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| AFRINOVA GROUP LTD→ 16671779 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFRIZONE MARKET LTD→ 15520513 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AG TRADING GROUP LTD→ 16189987 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGI LONDON COMMODITIES LTD→ 12774259 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGRO ALPINE LIMITED→ 15461274 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGROLOGICA LTD→ 14010921 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AGROSUPPLY CO. LTD→ 16775223 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2007-04-02
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
Unit 10 Warwick House
Overton Road
London
SW9 7JP
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30
Officers (1 active · 4 resigned)
AGBOOLA, Fanla Adegoke→
Activedirector · ~73y · appointed 2010-10-31
View their other companies + combined net worth →
AYONMIKE, Dorothy→
Resignedsecretary · appointed 2007-04-02 · resigned 2010-10-31
AYONMIKE, Dorothy→
Resigneddirector · ~61y · appointed 2007-04-02 · resigned 2007-04-02
UWERHI, Beatrice→
Resigneddirector · ~62y · appointed 2007-04-02 · resigned 2010-10-31
UWERI, Derek→
Resigneddirector · ~57y · appointed 2007-04-02 · resigned 2007-04-23
Click a director name to see their full track record across all companies.
Recent filings (55 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-11
gazette-notice-compulsory
gazette · GAZ1
2025-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-31