AFS (SOUTH WEST) LTD
🌳Matureactive
06516032 · ltd · incorporated 2008-02-27
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
—
year to Feb 2025
Net worth
£129.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -59% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £129,538
Net assets shrinking
Down £23,314 YoY
Cash draining
Cash down 59% YoY
Cash YoY
-59%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↓ 59% YoY
Net Worth
£130k
↓ 15% YoY
Current Assets
£278k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £139.4k | £161.5k |
| Current assets | £277.6k | £347.2k |
| Cash | £11.1k | £26.8k |
| Debtors | £266.3k | £320.1k |
| Net assets | £129.5k | £152.9k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-13📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-10-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-01➕DEMMON, Antony Richard appointeddirector
- 2021-10-01➕DEMMON, Charlene appointeddirector
- 2021-10-01➖BARNARD, Tracy resignedsecretary
- 2021-10-01➖BARNARD, Alan Clive resigneddirector
- 2021-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2009-04-23➕BARNARD, Alan Clive appointeddirector
- 2009-04-22➕BARNARD, Tracy appointedsecretary
- 2009-04-22➖PALMER, Gary resignedsecretary
- 2009-04-22➖PALMER, Mark resigneddirector
- 2008-02-27🏢Company incorporatedAs AFS (SOUTH WEST) LTD
- 2008-02-27➕PALMER, Gary appointedsecretary
- 2008-02-27➕DUPORT SECRETARY LIMITED appointedcorporate-secretary
- 2008-02-27➖DUPORT SECRETARY LIMITED resignedcorporate-secretary
- 2008-02-27➕PALMER, Mark appointeddirector
- 2008-02-27➕DUPORT DIRECTOR LIMITED appointedcorporate-director
- 2008-02-27➖DUPORT DIRECTOR LIMITED resignedcorporate-director
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Antony Demmon Individual · British · DOB 01/1975 · age 51 | 25–50% | — | 25-50% shares | 01/10/2021 |
Mrs Charlene Demmon Individual · British · DOB 03/1980 · age 46 | 25–50% | — | 25-50% shares | 01/10/2021 |
1 historic (ceased) PSC
- Mr Alan Clive Barnardceased 01/10/2021· 50-75% shares
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 · Manufacturing · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A A MASON LIMITED→ 06636917 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AGD SYSTEMS LIMITED→ 02666988 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| AGH AIRCRAFT ENGINEERING LTD→ 15368584 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIM COMMERCIAL CATERING EQUIPMENT LTD→ 04966282 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AIS SUBSEA LTD→ 05592264 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AJ TIMBERCRAFT LTD→ 15477566 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJW SOLUTIONS (UK) LIMITED→ 06581025 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AKIHI LIMITED→ 14721151 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAN CLARK ENGINEERING 1991 LTD→ 11805784 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALBANY ENGINEERING COMPANY LIMITED(THE)→ 00313089 · est 1936 · no financials extracted | — | — | — | — | 90y | — | — |
| ALBANY ENGINEERING GROUP LIMITED→ 06541919 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ALBUTT LIMITED→ 01960809 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
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
Incorporated2008-02-27
Jurisdictionengland-wales
Primary SIC28990 — SIC 28990
Registered office
Vannincourt Church Road
Cam
Dursley
GL11 5PQ
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (2 active · 6 resigned)
DEMMON, Antony Richard→
Activedirector · ~51y · appointed 2021-10-01
View their other companies + combined net worth →
DEMMON, Charlene→
Activedirector · ~46y · appointed 2021-10-01
View their other companies + combined net worth →
BARNARD, Tracy→
Resignedsecretary · appointed 2009-04-22 · resigned 2021-10-01
PALMER, Gary→
Resignedsecretary · appointed 2008-02-27 · resigned 2009-04-22
DUPORT SECRETARY LIMITED→
Resignedcorporate-secretary · appointed 2008-02-27 · resigned 2008-02-27
BARNARD, Alan Clive→
Resigneddirector · ~71y · appointed 2009-04-23 · resigned 2021-10-01
PALMER, Mark→
Resigneddirector · ~65y · appointed 2008-02-27 · resigned 2009-04-22
DUPORT DIRECTOR LIMITED→
Resignedcorporate-director · appointed 2008-02-27 · resigned 2008-02-27
Click a director name to see their full track record across all companies.
Recent filings (57 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-03
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2021-10-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-10-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-10-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-10-04
termination-director-company-with-name-termination-date
officers · TM01
2021-10-01
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-01