ACTIVE LOGIC LIMITED

💤Zombieactive
01914274 · ltd · incorporated 1985-05-16
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 May 2025
Net worth
£61.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 24.2y

45/100
under pressure

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

  • · Oldest live charge is 24.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £61,162

Key financials

2 years extracted from filed iXBRL accounts
Cash
£71k
Net Worth
£61k
Current Assets
£71k
Current Liabilities
£0£14k£28k£42k£56k£71kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£61.2k
Current assets£70.5k
Cash£70.5k
Net assets£61.2k
Average employees200

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
0
filings
Last 180 days
3
filings
  • 1 mortgage
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-02-03
    🔓
    Charge satisfied #1
  3. 2026-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-08-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2022-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-02-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2002-03-28
    🔒
    Charge registered #1
    Lender: Monmouthshire Building Society
  19. 1985-05-16
    🏢
    Company incorporated
    As ACTIVE LOGIC LIMITED

Owner dependency

95/100
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 74 — succession pressure is live.
  • +No director turnover: Company is 41 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 74 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 41 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Adrian Richard Lewis
Individual · Welsh · DOB 09/1952 · age 74
2550%
25-50% shares01/06/2016
Ms Joanna Brooks Lewis
Individual · Welsh · DOB 02/1951 · age 75
2550%
25-50% shares01/06/2016

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

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

Statusactive
Typeltd
Incorporated1985-05-16
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

9 Cwrt-Y-Vil Road
Penarth
CF64 3HN
Wales

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (2 active · 0 resigned)

LEWIS, Mair Joanna Brookes
secretary
View their other companies + combined net worth →
Active
LEWIS, Adrian Richard
director · ~74y
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Monmouthshire Building Society
Mortgage1 property28/03/200203/02/2026

Recent filings (90 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01
change-person-director-company-with-change-date
officers · CH01
2022-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-15
change-person-secretary-company-with-change-date
officers · CH03
2022-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-23