AFR ENTERPRISES LIMITED

⚰️Wound downdissolved
SC336733 · ltd · incorporated 2008-01-25
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2023
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

3 live charges · oldest 18.1y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 18.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-03-312022-03-31
Average employees01200

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

🔒Filing-note intelligence

2 signals 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 (43 events)Click to expand
  1. 2024-11-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-11-05
    🏁
    Company dissolved
  3. 2024-08-20
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2024-08-12
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2023-12-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-07
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  8. 2022-07-05
    📄
    memorandum-articles
    incorporation · MA
  9. 2022-07-05
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2022-06-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2022-06-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-06-29
    🔓
    Charge satisfied #3
  13. 2022-06-29
    🔓
    Charge satisfied #1
  14. 2022-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2022-01-19
    🔓
    Charge satisfied #2
  16. 2021-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-12-09
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  18. 2021-12-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2021-12-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2021-12-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2021-12-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  25. 2021-12-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2021-12-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2021-12-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  28. 2021-12-02
    WEIR, Jennifer Ritchie Gibson appointed
    director
  29. 2021-12-02
    FOX, Stephen James resigned
    secretary
  30. 2021-12-02
    BALLANTYNE, John Pithie, Dr resigned
    director
  31. 2021-12-02
    BLAIR, Andrew James, Dr resigned
    director
  32. 2021-12-02
    FOX, Stephen James resigned
    director
  33. 2017-08-02
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  34. 2008-03-26
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  35. 2008-01-25
    🏢
    Company incorporated
    As AFR ENTERPRISES LIMITED
  36. 2008-01-25
    FOX, Stephen James appointed
    secretary
  37. 2008-01-25
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-secretary
  38. 2008-01-25
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-secretary
  39. 2008-01-25
    BALLANTYNE, John Pithie, Dr appointed
    director
  40. 2008-01-25
    BLAIR, Andrew James, Dr appointed
    director
  41. 2008-01-25
    FOX, Stephen James appointed
    director
  42. 2008-01-25
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-director
  43. 2008-01-25
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

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

Evidence: Dissolved on 2024-11-05

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Holm Pharm Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Holm Pharm Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AFR ENTERPRISES LIMITED
This company · SC336733

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Holm Pharm Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/12/2021
3 historic (ceased) PSCs
  • Mr Stephen Foxceased 02/12/2021· 25-50% shares · 25-50% voting
  • Dr Andrew James Blairceased 02/12/2021· 25-50% shares · 25-50% voting
  • Dr John Pithie Ballantyneceased 02/12/2021· 25-50% shares · 25-50% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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

Statusdissolved
Typeltd
Incorporated2008-01-25
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

163 Bath Street
Glasgow
G2 4SQ
Scotland

Filing status

Accounts
Next due:
Last made up to: 2023-03-31
Confirmation statement
Next due:
Last: 2024-01-25

Officers (0 active · 6 resigned)

WEIR, Jennifer Ritchie Gibson
director · ~47y · appointed 2021-12-02
View their other companies + combined net worth →
Active
FOX, Stephen James
secretary · appointed 2008-01-25 · resigned 2021-12-02
Resigned
HOGG JOHNSTON SECRETARIES LTD.
corporate-secretary · appointed 2008-01-25 · resigned 2008-01-25
Resigned
BALLANTYNE, John Pithie, Dr
director · ~55y · appointed 2008-01-25 · resigned 2021-12-02
Resigned
BLAIR, Andrew James, Dr
director · ~56y · appointed 2008-01-25 · resigned 2021-12-02
Resigned
FOX, Stephen James
director · ~56y · appointed 2008-01-25 · resigned 2021-12-02
Resigned
HOGG JOHNSTON DIRECTORS LTD.
corporate-director · appointed 2008-01-25 · resigned 2008-01-25
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties09/12/202129/06/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property02/08/201719/01/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property26/03/200829/06/2022

Recent filings (71 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-11-05
gazette-notice-voluntary
gazette · GAZ1(A)
2024-08-20
dissolution-application-strike-off-company
dissolution · DS01
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-dormant
accounts · AA
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
statement-of-companys-objects
change-of-constitution · CC04
2022-07-07
memorandum-articles
incorporation · MA
2022-07-05
resolution
resolution · RESOLUTIONS
2022-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-29
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-27
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-10