AFFORDABLE SHUTTERS LIMITED
🌳Matureactive
07502269 · ltd · incorporated 2011-01-24
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 Jan 2025
Net worth
£515
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Special-situation opportunityDistressed construction with salvageable qualities — special-situations priority.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 15.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £515
Very low cash
Cash position: £4
Net assets shrinking
Down £531 YoY
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4
↓ 99% YoY
Net Worth
£515
↓ 51% YoY
Current Assets
£318k
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £3.9k | £52.4k |
| Current assets | £318.1k | £262.0k |
| Cash | £4 | £500 |
| Debtors | £318.1k | £261.5k |
| Net assets | £515 | £1.0k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-16🔓Charge satisfied #1
- 2021-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-02-02🔒Charge registered #2Lender: Lloyds Bank PLC
- 2016-07-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-28🔒Charge registered #1Lender: National Westminster Bank PLC
- 2011-01-24🏢Company incorporatedAs AFFORDABLE SHUTTERS LIMITED
- 2011-01-24➕VINCENT, Marina Anne appointeddirector
- 2011-01-24➕VINCENT, Paul Michael appointeddirector
- 2011-01-24➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-secretary
- 2011-01-24➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-secretary
- 2011-01-24➕COWDRY, John Jeremy Arthur appointeddirector
- 2011-01-24➖COWDRY, John Jeremy Arthur resigneddirector
Owner dependency
84/100
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
- +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 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. 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
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 Paul Michael Vincent Individual · British · DOB 05/1964 · age 62 | 25–50% | — | 25-50% shares | 24/01/2017 |
Mrs Marina Anne Vincent Individual · British · DOB 11/1963 · age 63 | 25–50% | — | 25-50% shares | 24/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 3D LAND SURVEYS LTD→ 05887231 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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| A CONSTRUCTION LIMITED→ 10775329 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A J FRANCIS BUILDING CONTRACTORS LTD→ 13278857 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A JOBE CONSTRUCTION LIMITED→ 08251792 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| A. MANDLEY FENCING LTD→ 15326871 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A&J CORNWALL PROPERTIES LIMITED→ 13461587 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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| ABDEL AZIZ HOLDING GROUP LIMITED→ 14533529 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADAM BUILDS SOUTH WEST LTD→ 15146029 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMIRE CONSTRUCTION LTD→ 12012420 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADRIAN PUNTER CONSTRUCTION LIMITED→ 05374719 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2011-01-24
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing
Registered office
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24
Officers (2 active · 2 resigned)
VINCENT, Marina Anne→
Activedirector · ~63y · appointed 2011-01-24
View their other companies + combined net worth →
VINCENT, Paul Michael→
Activedirector · ~62y · appointed 2011-01-24
View their other companies + combined net worth →
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2011-01-24 · resigned 2011-01-24
COWDRY, John Jeremy Arthur→
Resigneddirector · ~82y · appointed 2011-01-24 · resigned 2011-01-24
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/02/2017 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 28/02/2011 | 16/09/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-14