AFON TECHNOLOGY LTD

🌳Matureactive
09700231 · ltd · incorporated 2015-07-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Research and experimental development on biotechnology
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 3.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 6 with DOB)
90
Ownership & PSC
0 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
124 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees131300

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

🔒Filing-note intelligence

4 signals 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

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-30
    📄
    capital-allotment-shares
    capital · SH01
  3. 2025-11-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-11-24
    🔓
    Charge satisfied #2
  5. 2025-11-21
    📄
    capital-allotment-shares
    capital · SH01
  6. 2025-09-15
    📄
    capital-allotment-shares
    capital · SH01
  7. 2025-08-14
    ✏️
    legacy
    change-of-name · RP04SH01
  8. 2025-08-13
    📄
    capital-allotment-shares
    capital · SH01
  9. 2025-08-07
    📄
    capital-allotment-shares
    capital · SH01
  10. 2025-07-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2025-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-07-10
    🔒
    Charge registered #2
    Lender: Sprk Capital Limited
  13. 2025-05-30
    📄
    capital-allotment-shares
    capital · SH01
  14. 2025-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-05-06
    DEVANI, Atul Suryakant resigned
    director
  16. 2025-04-29
    📄
    capital-allotment-shares
    capital · SH01
  17. 2025-04-29
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  18. 2025-04-28
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  19. 2025-03-24
    📄
    capital-allotment-shares
    capital · SH01
  20. 2025-03-05
    📄
    capital-allotment-shares
    capital · SH01
  21. 2025-03-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2025-03-05
    🔓
    Charge satisfied #1
  23. 2025-02-17
    📄
    capital-allotment-shares
    capital · SH01
  24. 2025-01-20
    📄
    resolution
    resolution · RESOLUTIONS
  25. 2024-11-22
    📄
    capital-allotment-shares
    capital · SH01
  26. 2024-09-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2024-07-29
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  28. 2024-06-06
    DEVANI, Atul Suryakant appointed
    director
  29. 2024-06-06
    ONIONS, David, Professor resigned
    director
  30. 2023-04-28
    🔒
    Charge registered #1
    Lender: Sprk Capital Limited
  31. 2019-04-03
    CHAUDHRY, Mohamed Sabih, Dr appointed
    director
  32. 2019-04-03
    HIRST, John, Dr appointed
    director
  33. 2019-04-03
    SHILLINGFORD, John, Dr appointed
    director
  34. 2019-04-03
    ONIONS, David, Professor appointed
    director
  35. 2019-04-03
    WALLS, John Arthur Beverley resigned
    director
  36. 2015-07-23
    🏢
    Company incorporated
    As AFON TECHNOLOGY LTD
  37. 2015-07-23
    WALLS, John Arthur Beverley appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-08-14: legacy

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2015-07-23
Jurisdictionengland-wales
Primary SIC72110 — Research and experimental development on biotechnology

Registered office

Unit 670 Castlegate Business Park
Caldicot
Monmouthshire
NP26 5AD
United Kingdom

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (3 active · 3 resigned)

CHAUDHRY, Mohamed Sabih, Dr
director · ~61y · appointed 2019-04-03
View their other companies + combined net worth →
Active
HIRST, John, Dr
director · ~74y · appointed 2019-04-03
View their other companies + combined net worth →
Active
SHILLINGFORD, John, Dr
director · ~77y · appointed 2019-04-03
View their other companies + combined net worth →
Active
DEVANI, Atul Suryakant
director · ~60y · appointed 2024-06-06 · resigned 2025-05-06
Resigned
ONIONS, David, Professor
director · ~77y · appointed 2019-04-03 · resigned 2024-06-06
Resigned
WALLS, John Arthur Beverley
director · ~74y · appointed 2015-07-23 · resigned 2019-04-03
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Sprk Capital
Sprk Capital Limited
A registered charge10/07/202524/11/2025
satisfied
Sprk Capital
Sprk Capital Limited
A registered charge4 properties28/04/202305/03/2025

Recent filings (124 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-17
capital-allotment-shares
capital · SH01
2026-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-24
capital-allotment-shares
capital · SH01
2025-11-21
capital-allotment-shares
capital · SH01
2025-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-10
legacy
change-of-name · RP04SH01
2025-08-14
capital-allotment-shares
capital · SH01
2025-08-13
capital-allotment-shares
capital · SH01
2025-08-07
accounts-with-accounts-type-small
accounts · AA
2025-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
capital-allotment-shares
capital · SH01
2025-05-30
termination-director-company-with-name-termination-date
officers · TM01
2025-05-27
capital-allotment-shares
capital · SH01
2025-04-29
second-filing-capital-allotment-shares
capital · RP04SH01
2025-04-29