AF RESTAURANTS LIMITED
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -72% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-119.3k | £-111.9k |
| Current assets | £13.8k | £14.1k |
| Cash | £124 | £437 |
| Debtors | £13.7k | £13.7k |
| Net assets | £-119.3k | £-111.9k |
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 (13 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-02📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-17🏢Company incorporatedAs AF RESTAURANTS LIMITED
- 2019-10-17➕AHMED, Shakoor appointeddirector
- 2019-10-17➕ALI, Asghar appointeddirector
- 2019-10-17📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hawwa Farooq Individual · British · DOB 08/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/10/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| A HIGHER PATH LTD→ 11442662 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| AF EVENTS BLACKBURN LIMITED→ 14184773 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AF EVENTS MANCHESTER LIMITED→ 15616180 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFC FRIED CHICKEN LTD→ 15263253 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AFRI FOODS GLOBAL LIMITED→ 16152882 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFRICANOS DRINKS LTD→ 10957340 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AFZAL FOODS LTD→ 16644464 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGC TAVERNS LTD→ 14779035 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
6 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 · 0 resigned)
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