AFC FITNESS LTD

💤Zombieactive
NI671600 · ltd · incorporated 2020-08-06
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 Aug 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 32300
Sector: Manufacturing
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 75/100. 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 (72/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-31
Average employees0

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-02-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-08-06
    🏢
    Company incorporated
    As AFC FITNESS LTD
  8. 2020-08-06
    O'NEILL, Gavin appointed
    director
  9. 2020-08-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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 ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-02-13: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gavin O'Neill
Individual · Irish · DOB 04/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/08/2020

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 · Manufacturing · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
NICOBRAND LIMITED
NI033276 · est 1997
£92.22M
£71.73M£112.72M
650028y8558y
CONEXPO (NI) LIMITED
NI025270 · est 1991
£30.52M
£23.74M£37.30M
£38.91M420035y8581y
METAL TECHNOLOGY LIMITED
NI018949 · est 1985
£19.88M
£15.46M£24.30M
810040y8482y
OAKWOOD DOOR DESIGNS LIMITED
NI035907 · est 1999
£19.38M
£15.08M£23.69M
32427y8561y
COLORITE EUROPE LIMITED
NI030887 · est 1996
£17.60M
£13.69M£21.52M
£19.22M400029y8564y
JAMES F MCCUE LIMITED
NI005090 · est 1961
£11.70M
£9.10M£14.30M
£44.45M1320064y8865y
WARMFLOW ENGINEERING CO.LIMITED
NI016292 · est 1982
£10.72M
£8.34M£13.10M
£20.29M830043y8460y
MOYOLA PRECISION ENGINEERING LIMITED
NI011104 · est 1976
£9.10M
£7.08M£11.12M
£25.33M1450050y9361y
GRAY & ADAMS (IRELAND) LIMITED
NI015858 · est 1982
£8.63M
£6.71M£10.54M
6943y8771y
ATC SYSTEMS LIMITED
NI035553 · est 1999
£8.25M
£6.41M£10.08M
£8.09M690027y8463y
CROSSLAND TANKERS LIMITED
NI018916 · est 1985
£7.56M
£5.88M£9.24M
£23.91M1320040y8767y
BLK BOX FITNESS LIMITED
NI611745 · est 2012
£6.75M
£5.25M£8.25M
£19.58M1040014y8463y
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
Incorporated2020-08-06
Jurisdictionnorthern-ireland
Primary SIC32300 — SIC 32300

Registered office

23 Poet's Walk
Bellaghy
Co. Derry
BT45 8LZ
United Kingdom

Filing status

Accounts
Next due: 2026-05-30
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05

Officers (1 active · 0 resigned)

O'NEILL, Gavin
director · ~35y · appointed 2020-08-06
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-05-30
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
incorporation-company
incorporation · NEWINC
2020-08-06