A & F (MANGAL) LTD
- · Oldest live charge 16.3y old — refinance window within 12 months
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 16.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (38 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-06➕SHERZAD, Ekram appointeddirector
- 2026-01-06➕SHERZAD, Kamran appointeddirector
- 2026-01-06➖ABDUL, Ebdal Walayat resigneddirector
- 2025-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-15➕ABDUL, Ebdal Walayat appointeddirector
- 2025-06-15➖ADAM, Hadayat resigneddirector
- 2025-02-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-01➕ADAM, Hadayat appointeddirector
- 2017-05-01➖ADAM, Hadayat resigneddirector
- 2017-05-01➕BASIT, Abdul appointeddirector
- 2017-05-01➖BASIT, Abdul resigneddirector
- 2016-09-15➖MANGAL, Abdullah resigneddirector
- 2016-03-18➕ADAM, Hadayat appointeddirector
- 2010-03-19🔒Charge registered #1Lender: Gms Estates Limited
- 2010-02-01➖AHMED, Masud resigneddirector
- 2008-04-08🏢Company incorporatedAs A & F (MANGAL) LTD
- 2008-04-08➕TEMPLE SECRETARIES LIMITED appointedcorporate-secretary
- 2008-04-08➖TEMPLE SECRETARIES LIMITED resignedcorporate-secretary
- 2008-04-08➕AHMED, Masud appointeddirector
- 2008-04-08➕MANGAL, Abdullah appointeddirector
- 2008-04-08➕COMPANY DIRECTORS LIMITED appointedcorporate-director
- 2008-04-08➖COMPANY DIRECTORS LIMITED resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ekram Sherzad Individual · Afghan · DOB 07/2005 · age 21 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/01/2026 |
Mr Kamran Sherzad Individual · Afghan · DOB 04/2004 · age 22 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/01/2026 |
2 historic (ceased) PSCs
- Mr Ebdal Walayat Abdulceased 06/01/2026· 75-100% shares · 75-100% voting · board control
- Mr Hadayat Adamceased 15/06/2025· 75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Gms Estates Gms Estates Limited | Rent deposit deed | 1 property | 19/03/2010 | — |