AFFORDABLE LOCKS LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £79.6k | £82.2k |
| Current assets | £108.3k | £103.5k |
| Cash | £42.1k | — |
| Debtors | £60.6k | — |
| Net assets | £52.3k | £43.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Corporate timeline (19 events)Click to expand
- 2026-06-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2026-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-02-01➕KINGSTON, Leanne Valentine appointeddirector
- 2012-06-26🏢Company incorporatedAs AFFORDABLE LOCKS LTD
- 2012-06-26➕KINGSTON, Shane Marc appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shane Marc Kingston Individual · British · DOB 12/1985 · age 41 | — | 75–100% | 75-100% voting | 06/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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)
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