AFAS THE CORE LIMITED
Opportunity 67/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -89% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 4.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 →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 | £21.11M | £17.73M |
| Current assets | £8.11M | £7.40M |
| Cash | £16.7k | £153.6k |
| Debtors | £8.10M | £7.24M |
| Net assets | £9.61M | £10.53M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 address
- • 1 confirmation-statement
- • 1 address
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2026-06-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-25➕WYNNE-GRIFFITH, James Michael appointeddirector
- 2025-09-25➖GRADISCHNIG, Matthias Wilhelm resigneddirector
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-29➖RALF, Stephen Alexander resigneddirector
- 2023-11-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-18➖BOWMAN, Alex resigneddirector
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-27➕GREEN, Daniel Edward appointeddirector
- 2022-04-01📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-08🔒Charge registered #1Lender: Oaknorth Bank PLC
- 2021-12-03📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-12-03📄legacycapital · SH20
- 2021-12-03⚠️legacyinsolvency · CAP-SS
- 2021-12-03📄resolutionresolution · RESOLUTIONS
- 2021-09-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-12📄capital-allotment-sharescapital · SH01
- 2021-08-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-04📄capital-allotment-sharescapital · SH01
- 2021-07-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-28➕CASTLE, Samuel Joseph appointeddirector
- 2021-07-28➕BOWMAN, Alex appointeddirector
- 2021-07-28➕RALF, Stephen Alexander appointeddirector
- 2021-07-12🏢Company incorporatedAs AFAS THE CORE LIMITED
- 2021-07-12➕GRADISCHNIG, Matthias Wilhelm appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
1 high ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-12-03: legacy
Group structure
Afas Debtco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Afas Debtco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/07/2021 |
1 historic (ceased) PSC
- Mr Matthias Wilhelm Gradischnigceased 12/07/2021· 75-100% shares · 75-100% voting · board control
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
Active · Holding company · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 62/63 BELSIZE PARK FLAT MANAGEMENT COMPANY LIMITED→ 01290869 · est 1976 | £37.8k £32.2k–£43.5k | — | £37.8k | — | 49y | — | — |
| AARDEE REAL ESTATE ENTERPRISES LIMITED→ 11677081 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACRE LANE (BRIXTON) MANAGEMENT CO. LIMITED→ 03860683 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ACUK MANAGEMENT LTD→ 14303413 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AFAS DEBTCO LIMITED→ 13506103 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AICA HOLDINGS LIMITED→ 17102405 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AJONMAX HOLDINGS LTD→ 17027390 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AL INVESTMENT HOLDINGS LIMITED→ 16493839 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBION YARD E1 RTM COMPANY LIMITED→ 06234664 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALBRAZESH HOLDINGS LIMITED→ 16274500 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALBURY VIEW LIMITED→ 15592536 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALDENHAM SCHOOLS HOLDINGS LIMITED→ 11923888 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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 · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | OakNorth Oaknorth Bank PLC | A registered charge | 1 property | 08/12/2021 | — |