AFIT SOLUTIONS LIMITED

💤Zombieactive
SC500548 · ltd · incorporated 2015-03-16
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 Mar 2025
Net worth
£56.3k
book net assets
Opportunity
73/100
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: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: Cash flow review and working-capital discipline. Cash down -51% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).

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
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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £56,339
Net assets shrinking
Down £50,704 YoY
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£59k
↓ 51% YoY
Net Worth
£56k
↓ 47% YoY
Current Assets
£59k
↓ 51% YoY
Current Liabilities
£0£24k£48k£73k£97k£121kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£56.3k£107.0k
Current assets£58.9k£121.0k
Cash£58.8k£120.9k
Debtors£77£67
Net assets£56.3k£107.0k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2016-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-03-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-03-16
    🏢
    Company incorporated
    As AFIT SOLUTIONS LIMITED
  15. 2015-03-16
    FRADE, Antonio Manuel Diogo appointed
    director
  16. 2015-03-16
    📄
    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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Antonio Manuel Diogo Frade
Individual · British · DOB 06/1972 · age 54
75100%
75-100% shares06/04/2016

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 · Technology · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
3-56 MEDIA LIMITED
SC413110 · est 2011 · no financials extracted
14y
99 VENTURES LTD
SC400733 · est 2011 · no financials extracted
14y
ABEL & CO SERVICES LTD
SC333097 · est 2007 · no financials extracted
18y
ACEIT CONSULTANCY LIMITED
SC572172 · est 2017 · no financials extracted
8y
ACTING UP LIMITED
SC211404 · est 2000 · no financials extracted
25y
ADARTA LIMITED
SC874004 · est 2026 · no financials extracted
ADR OPERATIONS LTD
SC639863 · est 2019 · no financials extracted
6y
ADVANCED DEFENCE SOLUTIONS LTD
SC775927 · est 2023 · no financials extracted
2y
ADVANCED WEATHER APPLICATIONS LTD.
SC358999 · est 2009 · no financials extracted
16y
AG LINING GROUP LTD
SC712333 · est 2021 · no financials extracted
4y
AGAPE CONSULTING SC LIMITED
SC867886 · est 2025 · no financials extracted
AGBIOINVESTOR LIMITED
SC841096 · est 2025 · no financials extracted
1y
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
Incorporated2015-03-16
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

2nd Floor, 2nd Flat 6 Clarence Street
Edinburgh
EH3 5AF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16

Officers (1 active · 0 resigned)

FRADE, Antonio Manuel Diogo
director · ~54y · appointed 2015-03-16
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-22