AFFORDABLE CONTRACTORS LTD
💤Zombieactive
07528864 · ltd · incorporated 2011-02-14
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 Dec 2024
Net worth
£66.1k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 8.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (83/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
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 £66,142
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£66k
↑ 26% YoY
Current Assets
£173k
↑ 10% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-27 | 2023-12-27 |
|---|---|---|
| Total assets | £272.4k | £257.1k |
| Current assets | £173.0k | £156.8k |
| Net assets | £66.1k | £52.4k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-07🔓Charge satisfied #1
- 2022-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-01🔒Charge registered #6Lender: Aldermore Bank PLC
- 2021-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-09-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-12-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-04🔒Charge registered #5Lender: Interbay Funding Limited
- 2018-12-04🔒Charge registered #4Lender: Interbay Funding Limited
- 2017-10-19🔒Charge registered #3Lender: Charter Court Financial Services Limited
- 2017-09-18🔒Charge registered #2Lender: Paratus Amc Limited
- 2017-07-21🔒Charge registered #1Lender: Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
- 2016-12-20➖OCONNOR, Karen resigneddirector
- 2011-02-14🏢Company incorporatedAs AFFORDABLE CONTRACTORS LTD
- 2011-02-14➕MOFFITT, Lee appointeddirector
- 2011-02-14➕OCONNOR, Karen appointeddirector
Owner dependency
93/100
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 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lee Moffitt Individual · British · DOB 04/1968 · age 58 | 75–100% | — | 75-100% shares | 01/01/2017 |
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 →Similar companies
Active · Property · WN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & C PROPERTIES NORTHWEST LIMITED→ 12433288 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A. L. G. INVESTMENTS (WIGAN) LIMITED→ 00772307 · est 1963 · no financials extracted | — | — | — | — | 62y | — | — |
| A1 PROPERTIES & INVESTMENTS LIMITED→ 11252042 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ABBIEVIEW LIMITED→ 14142717 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACJ PROPERTY ESTATES LIMITED→ 15666078 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AD PROPERTY SERVICES LIMITED→ 15227148 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADDTIME PROPERTIES LIMITED→ 13008160 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADM PROPERTIES LIMITED→ 05031406 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AER SERVICES LTD→ 10913951 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AERIE ESTATE LIMITED→ 15831065 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFORDABLE CONTRACTORS NORTH WEST LTD→ 11727611 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AFFORDABLE PROPERTY NORTH WEST LTD→ 13031073 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2011-02-14
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
61 Warrington Road
Abram
Wigan
WN2 5PH
England
Filing status
Accounts
Next due: 2026-09-27
Last made up to: 2024-12-27
Confirmation statement
Next due: 2027-06-17
Last: 2026-06-03
Officers (1 active · 1 resigned)
MOFFITT, Lee→
Activedirector · ~58y · appointed 2011-02-14
View their other companies + combined net worth →
OCONNOR, Karen→
Resigneddirector · ~48y · appointed 2011-02-14 · resigned 2016-12-20
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
4
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 01/08/2022 | — | |
| outstanding | InterBay Interbay Funding Limited | A registered charge | 1 property | 04/12/2018 | — | |
| outstanding | InterBay Interbay Funding Limited | A registered charge | 1 property | 04/12/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 19/10/2017 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 2 properties | 18/09/2017 | — | |
| satisfied | Npif Nw Debt LP Acting by North West Loans Npif Gp as the General Partner of Npif Nw Debt LP Acting by Fw Capital Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited | A registered charge | — | 21/07/2017 | 07/11/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (54 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
change-person-director-company-with-change-date
officers · CH01
2024-01-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02