AFB FLOORING SOLUTIONS LIMITED
💤Zombieactive
07808119 · ltd · incorporated 2011-10-13
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 Oct 2024
Net worth
£170.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Floor and wall covering
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 12.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £170,916
Cash YoY
+141%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£169k
↑ 141% YoY
Net Worth
£171k
↑ 96% YoY
Current Assets
£215k
↑ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £197.7k | £118.1k |
| Current assets | £215.3k | £153.2k |
| Cash | £169.1k | £70.3k |
| Debtors | £42.7k | £77.5k |
| Net assets | £170.9k | £87.4k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-07-05🔓Charge satisfied #1
- 2018-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-14➖BURY, Andrew Peter resigneddirector
- 2014-04-09🔒Charge registered #1Lender: Bibby Financial Services LTD (As Security Trustee)
- 2011-10-13🏢Company incorporatedAs AFB FLOORING SOLUTIONS LIMITED
- 2011-10-13➕BURY, Frances Elizabeth appointedsecretary
- 2011-10-13➕BURY, Frances Elizabeth appointeddirector
- 2011-10-13➕BURY, Andrew Peter appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
58/100
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 15 years.
- 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 |
|---|---|---|---|---|
Mrs Frances Elizabeth Bury Individual · British · DOB 11/1982 · age 44 | 75–100% | — | 75-100% shares | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A JACKSON & SONS LIMITED→ 16351641 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A&G DAY BUILDING AND CONSTRUCTION LTD→ 12263016 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADA CONSTRUCTION NW LTD→ 15177643 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADHAN CONSTRUCTION LIMITED→ 11268771 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ADNIC DEVELOPMENTS LTD→ 15700004 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADONSTAR LIMITED→ 05296727 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANCED ECO SOLUTIONS LTD→ 15145214 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED GUTTERING LTD→ 14707822 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCED PAVING LIMITED→ 11173890 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AFA CIVIL LIMITED→ 16813085 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFA TELECOMS LIMITED→ 16812833 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AG CONSTRUCTION (NW) LIMITED→ 14059589 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2011-10-13
Jurisdictionengland-wales
Primary SIC43330 — Floor and wall covering
Registered office
51 The Meadows
Darwen
BB3 0PF
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13
Officers (2 active · 1 resigned)
BURY, Frances Elizabeth→
Activesecretary · appointed 2011-10-13
View their other companies + combined net worth →
BURY, Frances Elizabeth→
Activedirector · ~44y · appointed 2011-10-13
View their other companies + combined net worth →
BURY, Andrew Peter→
Resigneddirector · ~47y · appointed 2011-10-13 · resigned 2015-08-14
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | — | 09/04/2014 | 05/07/2019 |
Recent filings (39 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-27
change-person-director-company-with-change-date
officers · CH01
2020-05-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-05-13
change-person-secretary-company-with-change-date
officers · CH03
2020-05-13