ARF SYSTEMS LTD
💤Zombieactive
07448495 · ltd · incorporated 2010-11-23
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 Nov 2024
Net worth
£21.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (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 -68% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: medium (76/100)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
2 officers (1 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
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
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 £21,035
Net assets shrinking
Down £3,511 YoY
Cash draining
Cash down 68% YoY
Cash YoY
-68%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↓ 68% YoY
Net Worth
£21k
↓ 14% YoY
Current Assets
£29k
↓ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £30.4k | £39.3k |
| Current assets | £29.2k | £37.0k |
| Cash | £3.7k | £11.5k |
| Debtors | £25.5k | £25.5k |
| Net assets | £21.0k | £24.5k |
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 (18 events)Click to expand
- 2025-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-10📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-02-08📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-03-01➖KUYE, Elizabeth resignedsecretary
- 2010-11-23🏢Company incorporatedAs ARF SYSTEMS LTD
- 2010-11-23➕OGUNBAYO, Akinpelu Babasola appointeddirector
- 2010-11-23➕KUYE, Elizabeth appointedsecretary
Owner dependency
85/100
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.
Succession & seller-readiness
68/100
Strong succession signalMultiple 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 16 years.
- secondaryStable-but-static management: Company is 16 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 |
|---|---|---|---|---|
Mr Akinpelu Babasola Ogunbayo Individual · British · DOB 02/1974 · age 52 | 75–100% | — | 75-100% shares | 01/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · SG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMALTHEA ENTERTAINMENT LTD→ 09818970 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANALYTIX CONSULTING LIMITED→ 05687970 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ANNEO CONSULTING LTD→ 11436921 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APERTURE WAY LTD→ 16991490 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APTECH SYSTEMS LIMITED→ 06980624 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARCALIS SERVICES LIMITED→ 11166931 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ARCIMEDIA LIMITED→ 10661634 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ARQMIND LTD→ 11859323 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARTAGNAN TECH LIMITED→ 08919576 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ARTEMA PRODUCTIONS LIMITED→ 11069844 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARTEMIS CONSULTANTS LIMITED→ 10172008 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ASCENDER LIMITED→ 13847918 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2010-11-23
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities
Registered office
44 Haycock Gardens
Clifton
Shefford
Bedfordshire
SG17 5QN
United Kingdom
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (1 active · 1 resigned)
OGUNBAYO, Akinpelu Babasola→
Activedirector · ~52y · appointed 2010-11-23
View their other companies + combined net worth →
KUYE, Elizabeth→
Resignedsecretary · appointed 2010-11-23 · resigned 2012-03-01
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
gazette-filings-brought-up-to-date
gazette · DISS40
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-03-10
gazette-notice-compulsory
gazette · GAZ1
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-24