AZURE LIMITED

💤Zombieactive
02515517 · ltd · incorporated 1990-06-25
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 Jun 2025
Net worth
£5.0k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 74100Specialised design activities
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
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
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,023
Cash YoY
+18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 18% YoY
Net Worth
£5k
↑ 8.7% YoY
Current Assets
£5k
↑ 16% YoY
Current Liabilities
£0£1k£2k£3k£4k£5kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£5.0k£4.6k
Current assets£4.8k£4.1k
Cash£4.7k£4.0k
Net assets£5.0k£4.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-17
    WHITE, Angela Mary Joan resigned
    secretary
  5. 2023-09-17
    WHITE, Angela Mary Joan resigned
    director
  6. 2023-09-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-11-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2013-04-06
    WHITE, Richard Mark, Dr appointed
    secretary
  20. 2013-04-06
    WHITE, Angela Mary Joan appointed
    director
  21. 2000-08-31
    CHAMBERS, Simon Paul, Dr resigned
    director
  22. 1995-06-01
    WHITE, Angela Mary Joan appointed
    secretary
  23. 1995-05-30
    WHITE, Richard Mark, Dr resigned
    secretary
  24. 1990-06-25
    🏢
    Company incorporated
    As AZURE LIMITED

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dr Richard Mark White
Individual · British · DOB 06/1965 · age 61
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 →

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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
Incorporated1990-06-25
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

13 Glebeland Close
West Stafford
Dorchester
DT2 8AE
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-25OVERDUE
Last: 2025-06-11

Officers (2 active · 4 resigned)

WHITE, Richard Mark, Dr
secretary · appointed 2013-04-06
View their other companies + combined net worth →
Active
WHITE, Richard Mark, Dr
director · ~61y
View their other companies + combined net worth →
Active
WHITE, Angela Mary Joan
secretary · appointed 1995-06-01 · resigned 2023-09-17
Resigned
WHITE, Richard Mark, Dr
secretary · resigned 1995-05-30
Resigned
CHAMBERS, Simon Paul, Dr
director · ~61y · resigned 2000-08-31
Resigned
WHITE, Angela Mary Joan
director · ~70y · appointed 2013-04-06 · resigned 2023-09-17
Resigned

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

Recent filings (98 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-17
termination-director-company-with-name-termination-date
officers · TM01
2023-09-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-21