AFM TRACTORS LIMITED
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · oldest 0.9y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.9 years old — likely still in initial term.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (15 events)Click to expand
- 2025-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-14🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2025-08-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-24🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2024-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-05🏢Company incorporatedAs AFM TRACTORS LIMITED
- 2019-02-05➕MADDOX, Adrian Frank appointeddirector
- 2019-02-05➕MADDOX, Gillian Elizabeth appointeddirector
- 2019-02-05➕MADDOX, William Oliver appointeddirector
- 2019-02-05📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adrian Frank Maddox Individual · British · DOB 07/1962 · age 64 | 25–50% | — | 25-50% shares | 05/02/2019 |
Mrs Gillian Elizabeth Maddox Individual · British · DOB 02/1964 · age 62 | 25–50% | — | 25-50% shares | 05/02/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| AIRCARE LTD→ 12808274 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/08/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 24/06/2025 | — |