A FORDABLE STORAGE SOLUTIONS LIMITED
- · Oldest live charge 13.0y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · oldest 13.0y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)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 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £103.1k | £109.4k |
| Current assets | £93.5k | £100.6k |
| Net assets | £101.5k | £100.5k |
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 (21 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-18✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-14➕COLE, Michael Alexander appointeddirector
- 2021-11-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-02🔒Charge registered #3Lender: Hsbc Bank PLC
- 2015-07-02🔒Charge registered #2Lender: Hsbc Bank PLC
- 2013-04-23🔒Charge registered #1Lender: Hsbc Bank PLC
- 2010-12-20🏢Company incorporatedAs A FORDABLE STORAGE SOLUTIONS LIMITED
- 2010-12-20➕COLE, Michael Ralph appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — COLE, Michael Alexander (same surname) appointed 2021-12-14. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-07-18: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Donna Cole Individual · British · DOB 02/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/03/2021 |
Mr Michael Ralph Cole Individual · British · DOB 03/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/12/2016 |
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
Active · Automotive · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100-106 BER STREET NORWICH LIMITED→ 15841683 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST CHOICE SPARES UK LIMITED→ 05867409 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 1ST CLASS CARS LIMITED→ 11433533 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1ST PERFORMANCE & EXHAUSTS LIMITED→ 10226027 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 4K WRAPS LIMITED→ 17024511 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A & I CAR WASH LTD→ 13732884 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A AND X AUTO GARAGE LIMITED→ 09520033 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| A D NICHOLSON LTD→ 16384272 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A&A MINI SPECIALIST LTD→ 13315496 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 ADAS SOLUTIONS LIMITED→ 13554603 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AAA MOTOR SERVICES LIMITED→ 11151902 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AB MOBILE MECHANICS LTD→ 15296937 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 02/07/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 02/07/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 23/04/2013 | — |