AGF STEELS LTD
🌱Startupactive
15890388 · ltd · incorporated 2024-08-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: SIC 24530
Sector: Manufacturing
ALSO REGISTERED FOR
- 25110Manufacture of metal structures and parts of structures
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (strong), bankability 65/100. 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 (58/100).
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
5
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Last 90 days
5
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Last 180 days
13
filings
- • 6 persons-with-significant-control
- • 6 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-05-19➕ALI, Ahmad appointeddirector
- 2026-05-19➖HASSAN, Ijazul resigneddirector
- 2026-05-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-05-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-29➖ALI, Ahmad resigneddirector
- 2026-01-29➕HASSAN, Ijazul appointeddirector
- 2026-01-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-20➕ALI, Ahmad appointeddirector
- 2026-01-20➖ALI, Liaqat resigneddirector
- 2026-01-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-12🏢Company incorporatedAs AGF STEELS LTD
- 2024-08-12➕ALI, Liaqat appointeddirector
- 2024-08-12📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
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.
- +Young company: Only 1.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ALI, Ahmad resigned 2026-01-29; ALI, Liaqat resigned 2026-01-20; HASSAN, Ijazul resigned 2026-05-19
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ahmad Ali Individual · British · DOB 01/2004 · age 22 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/05/2026 |
3 historic (ceased) PSCs
- Mr Ijazul Hassanceased 19/05/2026· 75-100% shares · 75-100% voting · board control
- Mr Ahmad Aliceased 29/01/2026· 75-100% shares · 75-100% voting · board control
- Mr Liaqat Aliceased 19/01/2026· 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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|---|---|---|---|---|---|---|---|
| A & K ENGINEERING SERVICES LTD→ 04521123 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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| ADEL EQUIPMENT MANAGEMENT LIMITED→ 15232637 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED LASER CLEANING LTD→ 13414169 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVANCED PROTECTIVE PACKAGING LTD→ 02052369 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| AEHEALTH LIMITED→ 12746171 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AEROTEGRITY LTD→ 15625851 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFF (EPOXY COATINGS) LTD.→ 09630866 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AG7 CONSTRUCT LTD→ 14557034 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGB-TECH LTD→ 09948224 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AH1 TECHNOLOGY LTD→ 16251499 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2024-08-12
Jurisdictionengland-wales
Primary SIC24530 — SIC 24530
Registered office
Suite 4 703 Stockport Road
Manchester
M12 4QN
England
Filing status
Accounts
Next due: 2026-08-12
Last made up to: —
Confirmation statement
Next due: 2027-06-02
Last: 2026-05-19
Officers (1 active · 3 resigned)
Active
ALI, Ahmad→
Resigneddirector · ~22y · appointed 2026-01-20 · resigned 2026-01-29
ALI, Liaqat→
Resigneddirector · ~69y · appointed 2024-08-12 · resigned 2026-01-20
HASSAN, Ijazul→
Resigneddirector · ~26y · appointed 2026-01-29 · resigned 2026-05-19
Click a director name to see their full track record across all companies.
Recent filings (18 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-19
termination-director-company-with-name-termination-date
officers · TM01
2026-05-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-19
appoint-person-director-company-with-name-date
officers · AP01
2026-05-19
termination-director-company-with-name-termination-date
officers · TM01
2026-01-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-29
appoint-person-director-company-with-name-date
officers · AP01
2026-01-29
termination-director-company-with-name-termination-date
officers · TM01
2026-01-20
appoint-person-director-company-with-name-date
officers · AP01
2026-01-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-09