AFRIC FLAVORS CIC

🌱Startupactive
15937610 · private-limited-guarant-nsc · incorporated 2024-09-05
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
year to Sept 2025
Net worth
£-3.0k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £2,980
Very low cash
Cash position: £4

Key financials

1 year extracted from filed iXBRL accounts
Cash
£4
Net Worth
-£3k
Current Assets
£4
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-30
Total assets£-3.0k
Current assets£4
Cash£4
Net assets£-3.0k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-09-12
    OLANIYAN, Abiola Olugbenga appointed
    director
  5. 2025-09-12
    OLONIMOYO, Temidayo resigned
    director
  6. 2024-09-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-09-05
    🏢
    Company incorporated
    As AFRIC FLAVORS CIC
  8. 2024-09-05
    AMISU, Adebayo Kenneth appointed
    director
  9. 2024-09-05
    OLONIMOYO, Temidayo appointed
    director
  10. 2024-09-05
    📄
    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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 1.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Adebayo Kenneth Amisu
Individual · British · DOB 12/1971 · age 55
75–100%board control75-100% voting · board control05/09/2024

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
Incorporated2024-09-05
Jurisdictionengland-wales
Primary SIC56290 — Other food services

Registered office

31 Thrush Lane
Wellingborough
NN8 4TE
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 1 resigned)

AMISU, Adebayo Kenneth
director · ~55y · appointed 2024-09-05
View their other companies + combined net worth →
Active
OLANIYAN, Abiola Olugbenga
director · ~52y · appointed 2025-09-12
View their other companies + combined net worth →
Active
OLONIMOYO, Temidayo
director · ~59y · appointed 2024-09-05 · resigned 2025-09-12
Resigned

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

Recent filings (6 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
appoint-person-director-company-with-name-date
officers · AP01
2025-09-13
termination-director-company-with-name-termination-date
officers · TM01
2025-09-13
appoint-person-director-company-with-name-date
officers · AP01
2024-09-18
incorporation-community-interest-company
incorporation · CICINC
2024-09-05