AFG LAW LIMITED
- · Oldest live charge 12.3y old — refinance window within 12 months
Opportunity 77/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 12.3y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (71/100)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 · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £730.8k |
| Current assets | £1.39M |
| Cash | £173.9k |
| Debtors | £1.21M |
| Net assets | £185.4k |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 2 officers
- • 1 confirmation-statement
- • 1 capital
Corporate timeline (47 events)Click to expand
- 2026-01-29📄capital-cancellation-sharescapital · SH06
- 2026-01-16➖FOX, Stacy Angela resigneddirector
- 2026-01-16➖WOOLLEY, Catherine resigneddirector
- 2026-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30➖CORDOCK, Emma Louise resigneddirector
- 2025-06-11📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-03-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-01➕LONGWORTH, Kate appointeddirector
- 2024-03-01➕FOX, Stacy Angela appointeddirector
- 2023-11-29📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2023-11-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-14📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-03➖MARSHALL, Aaron James resigneddirector
- 2022-07-20🔓Charge satisfied #1
- 2022-01-01➕MARSHALL, Aaron James appointeddirector
- 2019-06-28➖VICKERS, Teresa Mary resigneddirector
- 2018-08-01➖THEXTON, Thomas Ronald resigneddirector
- 2017-01-01➕FLETCHER, Carl David appointeddirector
- 2017-01-01➕CORDOCK, Emma Louise appointeddirector
- 2016-06-30➖GRAY, Isobel resigneddirector
- 2016-05-06🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2014-03-04🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-09-06➕BOARDMAN, Anita appointeddirector
- 2013-09-06➕FRENCH, Gregory Cornelius appointeddirector
- 2013-09-06➕KHAN, Rahil appointeddirector
- 2013-09-06➕THEXTON, Thomas Ronald appointeddirector
- 2013-09-06➕VICKERS, Teresa Mary appointeddirector
- 2013-09-06➕WOOLLEY, Catherine appointeddirector
- 2013-05-24➕GRAY, Isobel appointeddirector
- 2013-05-24➖HURN, Elaine resigneddirector
- 2013-04-19🏢Company incorporatedAs AFG LAW LIMITED
- 2013-04-19➕HURN, Elaine appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CORDOCK, Emma Louise resigned 2025-09-30; FOX, Stacy Angela resigned 2026-01-16; WOOLLEY, Catherine resigned 2026-01-16
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Anita Boardman Individual · British · DOB 05/1971 · age 55 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Gregory Cornelius French Individual · British · DOB 04/1973 · age 53 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 (5 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 06/05/2016 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 04/03/2014 | 20/07/2022 |