AFW MANAGEMENT LTD

💤Zombieactive
08444220 · ltd · incorporated 2013-03-14
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 Mar 2026
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 7.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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.

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-04-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2018-07-09
    🔒
    Charge registered #1
    Lender: Bcrs Business Loans Limited
  14. 2018-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2016-04-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-03-14
    🏢
    Company incorporated
    As AFW MANAGEMENT LTD
  19. 2013-03-14
    WALSH, Anthony Francis appointed
    secretary
  20. 2013-03-14
    WALSH, Anthony Francis appointed
    director

Owner dependency

88/100
Critical — business is the founder

The 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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. 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 13 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anthony Francis Walsh
Individual · British · DOB 12/1964 · age 62
75100%
75-100% shares14/03/2017

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 →

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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
Incorporated2013-03-14
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Union House
111 New Union Street
Coventry
CV1 2NT
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-03-26OVERDUE
Last: 2025-03-12

Officers (2 active · 0 resigned)

WALSH, Anthony Francis
secretary · appointed 2013-03-14
View their other companies + combined net worth →
Active
WALSH, Anthony Francis
director · ~62y · appointed 2013-03-14
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Bcrs Business Loans
Bcrs Business Loans Limited
A registered charge2 properties09/07/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-01-09
change-person-secretary-company-with-change-date
officers · CH03
2026-01-09
accounts-with-accounts-type-dormant
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-dormant
accounts · AA
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-15
accounts-with-accounts-type-dormant
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-dormant
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-dormant
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-15
accounts-with-accounts-type-dormant
accounts · AA
2020-03-31