AFEXED LTD

💤Zombieactive
08658870 · ltd · incorporated 2013-08-21
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
£-45.3k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other information service activities n.e.c.
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 73). 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 (73/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £45,272

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£45k
↓ 10% YoY
Current Assets
£85
↓ 35% YoY
Current Liabilities
-£45k-£36k-£27k-£18k-£9k£131Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£-20.7k£-20.7k
Current assets£85£131
Net assets£-45.3k£-41.0k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-11-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-05-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-08-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-08-21
    🏢
    Company incorporated
    As AFEXED LTD
  17. 2013-08-21
    OKIKE, Elewechi Ngozi Modupe, Dr appointed
    director

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Dr Elewechi Ngozi Modupe Okike
Individual · British · DOB 07/1953 · age 73
75100%
75-100% shares21/08/2016

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.

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Company details

Statusactive
Typeltd
Incorporated2013-08-21
Jurisdictionengland-wales
Primary SIC63990 — Other information service activities n.e.c.

Registered office

6 Heatherslaw Road
Newcastle Upon Tyne
NE5 2QJ
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (1 active · 0 resigned)

OKIKE, Elewechi Ngozi Modupe, Dr
director · ~73y · appointed 2013-08-21
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-26
gazette-notice-compulsory
gazette · GAZ1
2024-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-25