AJF ENGINEERING LIMITED

⚰️Wound downdissolved
SC217397 · ltd · incorporated 2001-03-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: SIC 7240
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (33 events)Click to expand
  1. 2011-07-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-07-22
    🏁
    Company dissolved
  3. 2011-04-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-03-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2011-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2010-06-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2010-06-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2010-01-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2009-07-07
    📄
    legacy
    annual-return · 363a
  10. 2009-02-18
    📄
    legacy
    annual-return · 363a
  11. 2009-02-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2008-02-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2007-04-25
    📄
    legacy
    annual-return · 363s
  14. 2007-02-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2006-04-04
    📄
    legacy
    annual-return · 363s
  16. 2006-02-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2005-03-29
    📄
    legacy
    annual-return · 363s
  18. 2005-02-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2004-03-31
    📄
    legacy
    annual-return · 363s
  20. 2004-02-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2003-04-02
    📄
    legacy
    annual-return · 363s
  22. 2003-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2003-01-06
    📄
    legacy
    accounts · 225
  24. 2002-04-29
    📄
    legacy
    annual-return · 363s
  25. 2001-04-19
    📄
    legacy
    officers · 288a
  26. 2001-04-19
    📄
    legacy
    officers · 288a
  27. 2001-03-28
    🏢
    Company incorporated
    As AJF ENGINEERING LIMITED
  28. 2001-03-28
    ➕
    FARMER, Janice Helen appointed
    secretary
  29. 2001-03-28
    ➕
    FARMER, Alexander Wallace appointed
    director
  30. 2001-03-28
    ➕
    EAC (SECRETARIES) LIMITED appointed
    corporate-nominee-secretary
  31. 2001-03-28
    ➖
    EAC (SECRETARIES) LIMITED resigned
    corporate-nominee-secretary
  32. 2001-03-28
    ➕
    EAC (DIRECTORS) LIMITED appointed
    corporate-nominee-director
  33. 2001-03-28
    ➖
    EAC (DIRECTORS) LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2011-07-22

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————36y8372y
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——£87.8k—32y8273y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

See pricing →
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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2001-03-28
Jurisdictionscotland
Primary SIC7240 — SIC 7240

Registered office

4 Forth View
Kennoway
Fife
KY8 5JT

Filing status

Accounts
Next due: —
Last made up to: 2010-04-05
Confirmation statement
Next due: —
Last: —

Officers (0 active · 2 resigned)

FARMER, Janice Helen→
secretary · appointed 2001-03-28
View their other companies + combined net worth →
Active
FARMER, Alexander Wallace→
director · ~67y · appointed 2001-03-28
View their other companies + combined net worth →
Active
EAC (SECRETARIES) LIMITED→
corporate-nominee-secretary · appointed 2001-03-28 · resigned 2001-03-28
Resigned
EAC (DIRECTORS) LIMITED→
corporate-nominee-director · appointed 2001-03-28 · resigned 2001-03-28
Resigned

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

Recent filings (29 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-07-22
gazette-notice-voluntary
gazette · GAZ1(A)
2011-04-01
dissolution-application-strike-off-company
dissolution · DS01
2011-03-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-02-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-30
change-person-director-company-with-change-date
officers · CH01
2010-06-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-01-04
legacy
annual-return · 363a
2009-07-07
legacy
annual-return · 363a
2009-02-18
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-02-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-02-08
legacy
annual-return · 363s
2007-04-25
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-07
legacy
annual-return · 363s
2006-04-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-02-05