AAF I L.P.

💤Zombieactive
SL016550 · limited-partnership · incorporated 2014-04-24
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
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: No active directors on record. Company is active but has no current directors in the register. This is unusual and should be investigated. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (41/100)

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

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
60
Adequate data — full accounts will sharpen view.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-24
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  2. 2025-03-31
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  3. 2024-03-27
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  4. 2023-04-17
    📄
    legacy
    incorporation · LP6
  5. 2023-03-24
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  6. 2022-04-06
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  7. 2021-03-25
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  8. 2020-04-27
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  9. 2019-05-07
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  10. 2018-11-15
    📄
    change-to-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC05
  11. 2018-05-04
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  12. 2017-09-04
    📄
    legacy
    incorporation · LP6
  13. 2017-08-10
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  14. 2015-01-07
    📄
    legacy
    incorporation · LP6
  15. 2014-07-29
    📄
    legacy
    incorporation · LP6
  16. 2014-05-16
    📄
    legacy
    incorporation · LP6
  17. 2014-04-24
    🏢
    Company incorporated
    As AAF I L.P.
  18. 2014-04-24
    📄
    legacy
    incorporation · LP5

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

1 high ·
No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

Group structure

Schroder Private Assets Holdings Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Schroder Private Assets Holdings Ltd
Corporate parent
AAF I L.P.
This company · SL016550

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Schroder Private Assets Holdings Ltd
Corporate entity
control reported31/07/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

See pricing →
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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
Typelimited-partnership
Incorporated2014-04-24
Jurisdictionscotland
Primary SIC

Registered office

50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (0 active · 0 resigned)

Recent filings (17 total)

confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2026-03-24
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2025-03-31
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2024-03-27
legacy
incorporation · LP6
2023-04-17
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2023-03-24
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2022-04-06
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2021-03-25
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2020-04-27
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2019-05-07
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2018-11-15
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-05-04
legacy
incorporation · LP6
2017-09-04
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-08-10
legacy
incorporation · LP6
2015-01-07
legacy
incorporation · LP6
2014-07-29