AFC REAL ESTATE LTD

🏛️Establishedactive
13445068 · ltd · incorporated 2021-06-08
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: early → established
  • · Investment thesis: growth_story → unclassified
  • · Bankability: 70 → 75
What changed my view
Last 30 days

Picture improved over the last 30 days — 2 positive signals vs 0 negative.

  • Lifecycle stage: earlyestablished
  • ·Investment thesis: growth_storyunclassified
  • Bankability: 7075
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£-2.1k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (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: high (84/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £2,094

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 43% YoY
Current Assets
£44k
~ YoY
Current Liabilities
-£2k£7k£16k£25k£35k£44kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£-2.1k£-1.5k
Current assets£43.7k£43.7k
Net assets£-2.1k£-1.5k

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-05-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-02-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2023-02-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2023-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-02-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2023-02-14
    📄
    administrative-restoration-company
    restoration · RT01
  15. 2022-12-20
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  16. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2022-05-25
    SINGH, Hargurdial appointed
    director
  18. 2022-05-25
    BAKER, John Paul resigned
    director
  19. 2021-07-05
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2021-06-08
    🏢
    Company incorporated
    As AFC REAL ESTATE LTD
  21. 2021-06-08
    CHUNG, Kirpal Singh appointed
    director
  22. 2021-06-08
    BAKER, John Paul appointed
    director
  23. 2021-06-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +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.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Irai Group Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Irai Group Ltd
Corporate parent · holds 25-50% shares
significant stake
AFC REAL ESTATE LTD
This company · 13445068

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Irai Group Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting25/05/2022
Mr Kirpal Singh Chung
Individual · British · DOB 01/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control08/06/2021
1 historic (ceased) PSC
  • Mr John Paul Bakerceased 25/05/2022· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2021-06-08
Jurisdictionengland-wales
Primary SIC93199 — Other sports activities

Registered office

143 Loughborough Road
Leicester
LE4 5LR
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 1 resigned)

CHUNG, Kirpal Singh
director · ~46y · appointed 2021-06-08
View their other companies + combined net worth →
Active
SINGH, Hargurdial
director · ~67y · appointed 2022-05-25
View their other companies + combined net worth →
Active
BAKER, John Paul
director · ~61y · appointed 2021-06-08 · resigned 2022-05-25
Resigned

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-17
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-15
gazette-notice-compulsory
gazette · GAZ1
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
change-person-director-company-with-change-date
officers · CH01
2023-08-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-02-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-23
termination-director-company-with-name-termination-date
officers · TM01
2023-02-23