APPLIED FINANCE LIMITED

💤Zombieactive
01492177 · ltd · incorporated 1980-04-21
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 Apr 2026
Net worth
£1.51M
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 71/100 (strong), bankability 55/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 40.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 40.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
123 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
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,505,625
Net assets shrinking
Down £548 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1.5m
~ YoY
Current Assets
£1.6m
~ YoY
Current Liabilities
—
£0£323k£646k£969k£1.3m£1.6mApr 2025Apr 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-04-282025-04-28
Total assets£1.51M£1.51M
Current assets£1.61M£1.61M
Debtors£1.61M£1.61M
Net assets£1.51M£1.51M

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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-11-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-03-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-03-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-03-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-04-22
    ➕
    SMITH, Richard Peter appointed
    director
  16. 2019-04-22
    ➖
    GOLDING, Geoff Alan resigned
    director
  17. 2019-01-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-05-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2013-04-11
    ➖
    KNIGHT, Gerald Malcolm George resigned
    director
  20. 2009-09-08
    ➖
    REID, Delvin Orlando resigned
    secretary
  21. 2009-09-08
    ➖
    REID, Delvin Orlando resigned
    director
  22. 2008-10-14
    🔓
    Charge satisfied #1
  23. 2008-08-01
    ➕
    REID, Delvin Orlando appointed
    director
  24. 2008-02-28
    ➖
    HUSSAIN, Ahmed resigned
    secretary
  25. 2008-02-28
    ➕
    REID, Delvin Orlando appointed
    secretary
  26. 2008-02-28
    ➖
    HUSSAIN, Ahmed resigned
    director
  27. 2008-02-18
    ➕
    GOLDING, Geoff Alan appointed
    director
  28. 2008-02-18
    ➕
    HUSSAIN, Ahmed appointed
    director
  29. 2007-11-01
    ➕
    HUSSAIN, Ahmed appointed
    secretary
  30. 2007-04-30
    ➖
    WETHERILL, Jane resigned
    director
  31. 2006-10-28
    ➕
    WETHERILL, Jane appointed
    director
  32. 2005-12-23
    ➕
    KNIGHT, Gerald Malcolm George appointed
    director
  33. 1987-10-30
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  34. 1985-12-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 1980-04-21
    🏢
    Company incorporated
    As APPLIED FINANCE LIMITED

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Peter Smith
Individual · British · DOB 04/1949 · age 77
75–100%
75–100%board control75-100% shares · 75-100% voting · board control22/04/2019
1 historic (ceased) PSC
  • Mr Geoff Alan Goldingceased 22/04/2019· 75-100% shares · 75-100% voting · board control

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

9 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
Incorporated1980-04-21
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

1 Lower Northam Road
Hedge End
Southampton
SO30 4FN
England

Filing status

Accounts
Next due: 2028-01-28
Last made up to: 2026-04-28
Confirmation statement
Next due: 2027-05-05
Last: 2026-04-21

Officers (1 active · 7 resigned)

SMITH, Richard Peter→
director · ~77y · appointed 2019-04-22
View their other companies + combined net worth →
Active
HUSSAIN, Ahmed→
secretary · appointed 2007-11-01 · resigned 2008-02-28
Resigned
REID, Delvin Orlando→
secretary · appointed 2008-02-28 · resigned 2009-09-08
Resigned
GOLDING, Geoff Alan→
director · ~80y · appointed 2008-02-18 · resigned 2019-04-22
Resigned
HUSSAIN, Ahmed→
director · ~61y · appointed 2008-02-18 · resigned 2008-02-28
Resigned
KNIGHT, Gerald Malcolm George→
director · ~93y · appointed 2005-12-23 · resigned 2013-04-11
Resigned
REID, Delvin Orlando→
director · ~48y · appointed 2008-08-01 · resigned 2009-09-08
Resigned
WETHERILL, Jane→
director · ~65y · appointed 2006-10-28 · resigned 2007-04-30
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of charge1 property30/10/1987—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property19/12/198514/10/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (123 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-dormant
accounts · AA
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-dormant
accounts · AA
2021-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-dormant
accounts · AA
2020-07-06