A A F PROPERTIES LTD

💤Zombieactive
12094715 · ltd · incorporated 2019-07-10
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£40.6k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 6.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £40,559
Net assets shrinking
Down £5,955 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£41k
↓ 13% YoY
Current Assets
£41k
~ YoY
Current Liabilities
£0£9k£19k£28k£37k£47kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-312024-07-31
Total assets£112.1k£122.4k
Current assets£40.5k£40.2k
Net assets£40.6k£46.5k

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

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-06-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-06-21
    YAKUB, Ali Hasan appointed
    director
  7. 2024-06-21
    YAKUB, Zaeem Waqas resigned
    director
  8. 2024-05-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-05-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-05-10
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  11. 2024-05-10
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  12. 2023-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-12-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-12-23
    🔓
    Charge satisfied #3
  17. 2020-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2020-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2020-12-04
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  20. 2020-12-04
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  21. 2020-12-01
    📄
    legacy
    miscellaneous · RPCH01
  22. 2020-11-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2020-08-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2020-08-14
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  25. 2019-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2019-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2019-11-04
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  28. 2019-11-04
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  29. 2019-07-10
    🏢
    Company incorporated
    As A A F PROPERTIES LTD
  30. 2019-07-10
    YAKUB, Zaeem Waqas appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Zaeem Waqas Yakub
Individual · British · DOB 08/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/07/2019

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-07-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

15a Yarm Street
Stockton-On-Tees
TS18 3DS
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12

Officers (1 active · 1 resigned)

YAKUB, Ali Hasan
director · ~21y · appointed 2024-06-21
View their other companies + combined net worth →
Active
YAKUB, Zaeem Waqas
director · ~49y · appointed 2019-07-10 · resigned 2024-06-21
Resigned

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

Mortgages & charges

7
Total charges
6
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property10/05/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property10/05/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge3 properties04/12/2020
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property04/12/2020
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge14/08/202023/12/2020
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property04/11/2019
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property04/11/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-01
appoint-person-director-company-with-name-date
officers · AP01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-24
termination-director-company-with-name-termination-date
officers · TM01
2024-06-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-06