AAFS PROPERTIES LTD
💤Zombieactive
14092987 · ltd · incorporated 2022-05-09
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 May 2025
Net worth
£-22.4k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). 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).
🏦
Refinance opportunity
1 live charge · oldest 3.8y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.8 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £22,445
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£22k
Current Assets
£5k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 |
|---|---|
| Total assets | £88.1k |
| Current assets | £4.8k |
| Net assets | £-22.4k |
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
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Last 90 days
8
filings
- • 4 persons-with-significant-control
- • 2 miscellaneous
- • 1 confirmation-statement
Last 180 days
9
filings
- • 4 persons-with-significant-control
- • 2 miscellaneous
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-29📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-24📄legacymiscellaneous · RPCH01
- 2026-04-24📄legacymiscellaneous · RPCH01
- 2026-04-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-05-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-09📄capital-allotment-sharescapital · SH01
- 2024-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-08-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-10🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2022-05-09🏢Company incorporatedAs AAFS PROPERTIES LTD
- 2022-05-09➕SPILLER, Gregory Vesey appointeddirector
- 2022-05-09📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Derydd-Anne Spiller Individual · British · DOB 07/1995 · age 31 | 50–75% | — | 50-75% shares | 10/05/2023 |
Gregory Vesey Spiller Individual · Welsh · DOB 11/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/05/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 181 LICHFIELD ROAD LTD→ 13393661 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST GROUP PROPERTY LTD→ 15215804 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 LINDEN CLOSE LTD→ 12438139 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 25 PARK PLACE LTD→ 16586869 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4U2RENT LTD→ 14491598 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 5 SACKVILLE GARDENS MANAGEMENT LIMITED→ 03001027 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| 56ABC WOODLAND ROAD MANAGEMENT COMPANY LTD→ 09623265 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 7 NINETEEN LIMITED→ 12125096 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A DREW PROPERTY LTD→ 15655915 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A&A CHANDRA LTD→ 15790411 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AA 2020 LTD→ 12967767 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AB4 PROPERTIES LTD→ 12441344 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2022-05-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Summit House 10 Waterside Court
Albany Street
Newport
NP20 5NT
Wales
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08
Officers (1 active · 0 resigned)
SPILLER, Gregory Vesey→
Activedirector · ~68y · appointed 2022-05-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 10/08/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-29
change-person-director-company-with-change-date
officers · CH01
2026-04-29
legacy
miscellaneous · RPCH01
2026-04-24
legacy
miscellaneous · RPCH01
2026-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-17
change-account-reference-date-company-previous-extended
accounts · AA01
2025-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-12
change-person-director-company-with-change-date
officers · CH01
2025-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-09