AF LIGHT ENGINEERING LTD
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)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 · FRS 105 (micro)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 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £22.8k | £7.9k |
| Current assets | £27.8k | £22.0k |
| Net assets | £21.2k | £5.2k |
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
Corporate timeline (22 events)Click to expand
- 2025-10-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-29➖FOREMAN, Wendy resignedsecretary
- 2022-06-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-13➕FOREMAN, Wendy Deborah appointeddirector
- 2019-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-07-20➕FOREMAN, Wendy appointedsecretary
- 2019-06-28🏢Company incorporatedAs AF LIGHT ENGINEERING LTD
- 2019-06-28➕FOREMAN, Adrian appointeddirector
- 2019-06-28📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adrian Foreman Individual · British · DOB 08/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/06/2019 |
Mrs Wendy Deborah Foreman Individual · British · DOB 06/1959 · age 67 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/06/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.