AFC SYSTEMS LIMITED

💤Zombieactive
06464049 · ltd · incorporated 2008-01-04
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-05-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2020-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-09-25
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  12. 2017-09-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-04-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2008-01-04
    🏢
    Company incorporated
    As AFC SYSTEMS LIMITED
  17. 2008-01-04
    MAGORO, Hauwa appointed
    secretary
  18. 2008-01-04
    ODUNAIKE, Oluwapamilerin Olurotimi appointed
    director

Owner dependency

90/100
Critical — business is the founder

The 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 19 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 19 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 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.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Oluwapamilerin Olurotimi Odunaike
Individual · British · DOB 08/1977 · age 49
75100%
75–100%75-100% shares · 75-100% voting07/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2008-01-04
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

4 Holbein Terrace
Ivere Drive New Barnet
Barnet
Hertfordshire
EN5 1FE

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-06-05OVERDUE
Last: 2025-05-22

Officers (2 active · 0 resigned)

MAGORO, Hauwa
secretary · appointed 2008-01-04
View their other companies + combined net worth →
Active
ODUNAIKE, Oluwapamilerin Olurotimi
director · ~49y · appointed 2008-01-04
View their other companies + combined net worth →
Active

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

Recent filings (45 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-28