AF TRAVEL LIMITED

💤Zombieactive
13630675 · ltd · incorporated 2021-09-20
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
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Turnover
year to Sept 2024
Net worth
£1.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. 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 (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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 · accounting standard not declared
Positive net assets
Net assets £1,909

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 79% YoY
Current Assets
£4k
↑ 1439% YoY
Current Liabilities
£0£708£1k£2k£3k£4kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£1.9k£1.1k
Current assets£3.5k£230
Net assets£1.9k£1.1k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2023-09-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-12-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-12-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-12-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-12-30
    📄
    withdrawal-of-the-directors-residential-address-register-information-from-the-public-register
    officers · EW02
  11. 2022-12-30
    📄
    elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
    officers · EH02
  12. 2021-09-20
    🏢
    Company incorporated
    As AF TRAVEL LIMITED
  13. 2021-09-20
    AZAM, Farooq appointed
    director
  14. 2021-09-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Farooq Azam
Individual · British · DOB 02/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest25/09/2023
1 historic (ceased) PSC
  • Mr Farooq Azamceased 20/12/2022· 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.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2021-09-20
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities

Registered office

5 Market Hill Cambridge
5 Market Hill
Cambridge
CB2 3NR
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (1 active · 0 resigned)

AZAM, Farooq
director · ~59y · appointed 2021-09-20
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-25
gazette-notice-compulsory
gazette · GAZ1
2023-09-19
change-person-director-company-with-change-date
officers · CH01
2022-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-30
withdrawal-of-the-directors-residential-address-register-information-from-the-public-register
officers · EW02
2022-12-30
elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
officers · EH02
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-01