AFC NASAA CIC

🌿Early-stageactive
15307483 · private-limited-guarant-nsc · incorporated 2023-11-24
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
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-01-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-01-02
    ASHER, Zilpah Mimi appointed
    director
  3. 2026-01-02
    WAITE, Bianca appointed
    director
  4. 2026-01-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-01-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-12-17
    ASHER, Zilpah resigned
    director
  7. 2025-12-17
    WAITE, Bianca resigned
    director
  8. 2025-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-11-24
    🏢
    Company incorporated
    As AFC NASAA CIC
  11. 2023-11-24
    ADUSEI, Michael Carl appointed
    director
  12. 2023-11-24
    ASHER, Zilpah appointed
    director
  13. 2023-11-24
    WAITE, Bianca appointed
    director
  14. 2023-11-24
    📄
    incorporation-community-interest-company
    incorporation · CICINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ASHER, Zilpah resigned 2025-12-17; WAITE, Bianca resigned 2025-12-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Carl Adusei
Individual · British · DOB 10/1989 · age 37
75–100%board control75-100% voting · board control24/11/2023

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.

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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.

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🔒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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2023-11-24
Jurisdictionengland-wales
Primary SIC93120 — Activities of sport clubs

Registered office

12 Glendall Street
London
SW9 8AJ
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (3 active · 2 resigned)

ADUSEI, Michael Carl
director · ~37y · appointed 2023-11-24
View their other companies + combined net worth →
Active
ASHER, Zilpah Mimi
director · ~59y · appointed 2026-01-02
View their other companies + combined net worth →
Active
WAITE, Bianca
director · ~38y · appointed 2026-01-02
View their other companies + combined net worth →
Active
ASHER, Zilpah
director · ~59y · appointed 2023-11-24 · resigned 2025-12-17
Resigned
WAITE, Bianca
director · ~37y · appointed 2023-11-24 · resigned 2025-12-17
Resigned

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

Recent filings (8 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-01-09
appoint-person-director-company-with-name-date
officers · AP01
2026-01-02
appoint-person-director-company-with-name-date
officers · AP01
2026-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
termination-director-company-with-name-termination-date
officers · TM01
2025-12-17
termination-director-company-with-name-termination-date
officers · TM01
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
incorporation-community-interest-company
incorporation · CICINC
2023-11-24