AFO BIDCO LIMITED
🌿Early-stageactive
14513993 · ltd · incorporated 2022-11-29
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 66/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 3.4y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 10 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 600 | 600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-01-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-06➕WEBB, Jothan appointeddirector
- 2025-12-31➖LAZENBY, Marie Louise resigneddirector
- 2025-12-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-09➕LEITH, Danielle Louise appointeddirector
- 2025-12-09➕MARKS, Nicola Jane appointeddirector
- 2025-11-18➖LYONS, Stuart resigneddirector
- 2025-05-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-02➖MITCHELL, Peter Lawrence resigneddirector
- 2025-04-24➖KOSKY, Howard Barry resigneddirector
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-31➕LYONS, Stuart appointeddirector
- 2025-03-29➕LAZENBY, Marie Louise appointeddirector
- 2024-09-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-10📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-23➕MCMILLAN, Wendy Juliet appointeddirector
- 2024-05-23➖HALLWORTH, Ryan resigneddirector
- 2024-05-09✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-01-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-02🔓Charge satisfied #2
- 2024-01-02🔓Charge satisfied #1
- 2023-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-11🔒Charge registered #4Lender: Howard Kosky as Security Trustee
- 2023-12-11🔒Charge registered #3Lender: Glas Trust Corporation Limited (The “Security Agent”)
- 2023-01-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-01-17➕KOSKY, Howard Barry appointeddirector
- 2023-01-17➕MITCHELL, Peter Lawrence appointeddirector
- 2023-01-17🔒Charge registered #2Lender: Howard Kosky (As Security Trustee)
- 2023-01-17🔒Charge registered #1Lender: Tc Loans Limited as Security Agent for the Secured Parties.
- 2022-11-29🏢Company incorporatedAs AFO BIDCO LIMITED
- 2022-11-29➕ELLEY, Robin appointeddirector
- 2022-11-29➕HALLWORTH, Ryan appointeddirector
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: LAZENBY, Marie Louise resigned 2025-12-31; LYONS, Stuart resigned 2025-11-18
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Afo Midco 2 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Afo Midco 2 Limited
Corporate parent · holds 75-100% shares · board control
⬇
AFO BIDCO LIMITED
This company · 14513993
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 |
|---|---|---|---|---|
Afo Midco 2 Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/11/2022 |
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 →Similar companies
Active · Holding company · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALDERSGATE HOLDING COMPANY LIMITED→ 12215272 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALDGATE INVESTMENT MANAGEMENT LTD→ 16209313 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEA FINANCE LTD→ 10841663 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALEXANDRE GLOBAL HOLDINGS LTD→ 16683913 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALICORN (PHX) OSS II LIMITED→ 16480166 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALITRA HOLDINGS LTD→ 16668644 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALKRA INTERNATIONAL LTD→ 11073212 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALL CARDS HELPLINE LIMITED→ 16777144 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL FOR HER LTD→ 16661589 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL PROPERTY MAINTENANCE AND CONSTRUCTION LTD→ 15185270 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLEGN LIMITED→ 13525184 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALLEGRA INVEST LIMITED→ 15633023 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2022-11-29
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
12-14 Berry Street
London
EC1V 0AU
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28
Officers (5 active · 5 resigned)
ELLEY, Robin→
Activedirector · ~33y · appointed 2022-11-29
View their other companies + combined net worth →
LEITH, Danielle Louise→
Activedirector · ~40y · appointed 2025-12-09
View their other companies + combined net worth →
MARKS, Nicola Jane→
Activedirector · ~45y · appointed 2025-12-09
View their other companies + combined net worth →
MCMILLAN, Wendy Juliet→
Activedirector · ~51y · appointed 2024-05-23
View their other companies + combined net worth →
WEBB, Jothan→
Activedirector · ~41y · appointed 2026-01-06
View their other companies + combined net worth →
HALLWORTH, Ryan→
Resigneddirector · ~43y · appointed 2022-11-29 · resigned 2024-05-23
KOSKY, Howard Barry→
Resigneddirector · ~58y · appointed 2023-01-17 · resigned 2025-04-24
LAZENBY, Marie Louise→
Resigneddirector · ~60y · appointed 2025-03-29 · resigned 2025-12-31
LYONS, Stuart→
Resigneddirector · ~39y · appointed 2025-03-31 · resigned 2025-11-18
MITCHELL, Peter Lawrence→
Resigneddirector · ~55y · appointed 2023-01-17 · resigned 2025-05-02
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Howard Kosky as Security Trustee | A registered charge | — | 11/12/2023 | — | |
| outstanding | Glas Trust Corporation (The “Security Agent”) Glas Trust Corporation Limited (The “Security Agent”) | A registered charge | 1 property | 11/12/2023 | — | |
| satisfied | Howard Kosky (As Security Trustee) | A registered charge | — | 17/01/2023 | 02/01/2024 | |
| satisfied | Tc Loans as Security Agent for the Secured Parties. Tc Loans Limited as Security Agent for the Secured Parties. | A registered charge | 1 property | 17/01/2023 | 02/01/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-19
termination-director-company-with-name-termination-date
officers · TM01
2026-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-13
appoint-person-director-company-with-name-date
officers · AP01
2025-12-10
appoint-person-director-company-with-name-date
officers · AP01
2025-12-10
termination-director-company-with-name-termination-date
officers · TM01
2025-12-10
accounts-with-accounts-type-small
accounts · AA
2025-05-30
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-30
termination-director-company-with-name-termination-date
officers · TM01
2024-08-01
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01