AFFINITY IFA LIMITED

🌳Matureactive
SC415377 · ltd · incorporated 2012-01-25
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
69 filings on record
85
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
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-11-14
    MCVEY, Catherine Theresa appointed
    director
  2. 2025-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-07
    THOMAS, Charlotte Emily resigned
    director
  5. 2025-10-21
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-10-21
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-10-21
    📄
    legacy
    other · GUARANTEE2
  8. 2025-10-21
    📄
    legacy
    other · AGREEMENT2
  9. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-06-30
    DICKSON, Graeme Grattan appointed
    director
  12. 2025-06-30
    SCOTT-SOMERS, Alistair Michael resigned
    director
  13. 2025-04-04
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  14. 2025-04-04
    📄
    legacy
    capital · SH20
  15. 2025-04-04
    ⚠️
    legacy
    insolvency · CAP-SS
  16. 2025-04-04
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2025-03-27
    📄
    capital-allotment-shares
    capital · SH01
  18. 2024-10-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  19. 2024-10-09
    📄
    legacy
    accounts · PARENT_ACC
  20. 2024-10-09
    📄
    legacy
    other · AGREEMENT2
  21. 2024-10-09
    📄
    legacy
    other · GUARANTEE2
  22. 2024-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2024-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2024-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2024-06-24
    BARR, Shona resigned
    director
  26. 2024-06-24
    MOLES, Neil Anthony resigned
    director
  27. 2024-06-24
    SCOTT-SOMERS, Alistair Michael appointed
    director
  28. 2024-04-24
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  29. 2024-04-24
    📄
    legacy
    other · GUARANTEE2
  30. 2024-04-14
    📄
    legacy
    accounts · PARENT_ACC
  31. 2023-09-05
    ALLEN, Steven Michael resigned
    director
  32. 2021-04-09
    ALLEN, Steven Michael appointed
    director
  33. 2021-04-09
    MOLES, Neil Anthony appointed
    director
  34. 2021-04-09
    THOMAS, Charlotte Emily appointed
    director
  35. 2012-01-25
    🏢
    Company incorporated
    As AFFINITY IFA LIMITED
  36. 2012-01-25
    BARR, Shona appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-04-04: legacy

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SCOTT-SOMERS, Alistair Michael resigned 2025-06-30; THOMAS, Charlotte Emily resigned 2025-11-07

Group structure

The Progeny Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Progeny Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AFFINITY IFA LIMITED
This company · SC415377

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
The Progeny Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/04/2021
1 historic (ceased) PSC
  • Miss Shona Barrceased 09/04/2021· 75-100% shares · 75-100% voting · board control · firm interest

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

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
Typeltd
Incorporated2012-01-25
Jurisdictionscotland
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

6 Ayr Street
Troon
KA10 6EB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25

Officers (2 active · 5 resigned)

DICKSON, Graeme Grattan
director · ~49y · appointed 2025-06-30
View their other companies + combined net worth →
Active
MCVEY, Catherine Theresa
director · ~62y · appointed 2025-11-14
View their other companies + combined net worth →
Active
ALLEN, Steven Michael
director · ~45y · appointed 2021-04-09 · resigned 2023-09-05
Resigned
BARR, Shona
director · ~48y · appointed 2012-01-25 · resigned 2024-06-24
Resigned
MOLES, Neil Anthony
director · ~47y · appointed 2021-04-09 · resigned 2024-06-24
Resigned
SCOTT-SOMERS, Alistair Michael
director · ~54y · appointed 2024-06-24 · resigned 2025-06-30
Resigned
THOMAS, Charlotte Emily
director · ~54y · appointed 2021-04-09 · resigned 2025-11-07
Resigned

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

Recent filings (69 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
termination-director-company-with-name-termination-date
officers · TM01
2025-11-14
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-21
legacy
accounts · PARENT_ACC
2025-10-21
legacy
other · GUARANTEE2
2025-10-21
legacy
other · AGREEMENT2
2025-10-21
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
appoint-person-director-company-with-name-date
officers · AP01
2025-07-01
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-04-04
legacy
capital · SH20
2025-04-04
legacy
insolvency · CAP-SS
2025-04-04
resolution
resolution · RESOLUTIONS
2025-04-04
capital-allotment-shares
capital · SH01
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05