ADVANCED FACTORS LTD.

🌳Matureactive
07003446 · ltd · incorporated 2009-08-28
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 Aug 2024
Net worth
£194.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -62% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
40 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 declared
Positive net assets
Net assets £194,433
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£335
↓ 62% YoY
Net Worth
£194k
↑ 21% YoY
Current Assets
£969k
↑ 1.7% YoY
Current Liabilities
£0£194k£388k£581k£775k£969kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£194.4k£161.0k
Current assets£969.0k£952.4k
Cash£335£885
Debtors£365.6k£394.6k
Net assets£194.4k£161.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-09-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2015-05-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-04-06
    HORNER, Stephen appointed
    director
  15. 2014-10-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-08-28
    🏢
    Company incorporated
    As ADVANCED FACTORS LTD.
  18. 2009-08-28
    WINDHEUSER, Max appointed
    secretary
  19. 2009-08-28
    WINDHEUSER, Martin Peter appointed
    director
  20. 2009-08-28
    WINDHEUSER, Max Robert appointed
    director
  21. 2009-08-28
    BHARDWAJ, Ashok appointed
    secretary
  22. 2009-08-28
    BHARDWAJ, Ashok resigned
    secretary
  23. 2009-08-28
    SHAH, Ela Jayendra appointed
    director
  24. 2009-08-28
    SHAH, Ela Jayendra resigned
    director
  25. 2009-08-28
    BHARDWAJ CORPORATE SERVICES LIMITED appointed
    corporate-director
  26. 2009-08-28
    BHARDWAJ CORPORATE SERVICES LIMITED resigned
    corporate-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Max Robert Windheuser
Individual · British · DOB 11/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Martin Peter Windheuser
Individual · British · DOB 06/1961 · age 65
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2009-08-28
Jurisdictionengland-wales
Primary SIC45310 — SIC 45310

Registered office

3 The Mews
16 Holly Bush Lane
Sevenoaks
Kent
TN13 3TH

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28

Officers (4 active · 3 resigned)

WINDHEUSER, Max
secretary · appointed 2009-08-28
View their other companies + combined net worth →
Active
HORNER, Stephen
director · ~62y · appointed 2015-04-06
View their other companies + combined net worth →
Active
WINDHEUSER, Martin Peter
director · ~65y · appointed 2009-08-28
View their other companies + combined net worth →
Active
WINDHEUSER, Max Robert
director · ~63y · appointed 2009-08-28
View their other companies + combined net worth →
Active
BHARDWAJ, Ashok
secretary · appointed 2009-08-28 · resigned 2009-08-28
Resigned
SHAH, Ela Jayendra
director · ~74y · appointed 2009-08-28 · resigned 2009-08-28
Resigned
BHARDWAJ CORPORATE SERVICES LIMITED
corporate-director · appointed 2009-08-28 · resigned 2009-08-28
Resigned

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-11