AFG HOUSEWARES UK LIMITED
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. 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
2 live charges · 2 lenders · oldest 5.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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 · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £585.1k | £578.1k |
| Current assets | £1.43M | £729.3k |
| Cash | £10.1k | £7.3k |
| Debtors | £350.7k | £58.7k |
| Net assets | £387.3k | £334.0k |
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
Corporate timeline (19 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-22📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-28🔒Charge registered #2Lender: Octane Property Finance 4 Limited
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-03🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2020-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-08-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-11-21🏢Company incorporatedAs AFG HOUSEWARES UK LIMITED
- 2012-11-21➕AGHA, Mohammad Saber appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 Mohammed Saber Agha Individual · British · DOB 09/1973 · age 53 | 75–100% | — | 75-100% shares | 01/05/2016 |
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
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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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Octane Property Finance 4 Octane Property Finance 4 Limited | A registered charge | 1 property | 28/01/2022 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 03/09/2020 | — |