MI TELECOM LIMITED

🌳Matureactive
02668468 · ltd · incorporated 1991-12-04
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
—
year to Apr 2025
Net worth
£29.3k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other telecommunications activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 0.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 15 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · accounting standard not declared
Positive net assets
Net assets £29,257
Net assets shrinking
Down £90,131 YoY
Cash YoY
+41%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£139k
↑ 41% YoY
Net Worth
£29k
↓ 75% YoY
Current Assets
£742k
↓ 19% YoY
Current Liabilities
—
£0£182k£364k£546k£729k£911kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£149.1k£347.9k
Current assets£741.6k£910.6k
Cash£138.9k£98.3k
Debtors£602.6k£812.3k
Net assets£29.3k£119.4k

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 officers
Last 180 days
3
filings
  • • 1 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
  1. 2026-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2025-09-26
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  4. 2025-09-17
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  5. 2025-08-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-08-12
    🔒
    Charge registered #1
    Lender: Funding Circle LTD
  7. 2025-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2024-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2023-04-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2022-01-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2021-04-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-03-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2020-03-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2019-02-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2018-02-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2017-07-12
    📄
    capital-allotment-shares
    capital · SH01
  18. 2015-04-20
    ➕
    GARDNER, Russell appointed
    director
  19. 2010-10-01
    ➖
    HANSON, Larry resigned
    secretary
  20. 2010-10-01
    ➖
    HANSON, Larry resigned
    director
  21. 2010-05-01
    ➕
    GARDNER, Dennis appointed
    director
  22. 2005-08-03
    ➕
    HEALEY, Peter Leslie appointed
    director
  23. 2004-07-16
    ➖
    GREENACRE, Michael David resigned
    director
  24. 2004-07-16
    ➖
    THOMPSON, Christopher Howard Gould resigned
    director
  25. 2004-07-16
    ➖
    WATES, Martyn James resigned
    director
  26. 2003-02-08
    ➕
    HANSON, Larry appointed
    secretary
  27. 2003-02-08
    ➖
    RUSSELL, Michael resigned
    secretary
  28. 2003-02-08
    ➕
    HANSON, Larry appointed
    director
  29. 2003-02-08
    ➖
    RUSSELL, Michael resigned
    director
  30. 2003-02-08
    ➕
    THOMPSON, Christopher Howard Gould appointed
    director
  31. 2002-09-06
    ➖
    KEW, Philip Anthony resigned
    director
  32. 2002-08-01
    ➖
    GIBSON, Roger John resigned
    secretary
  33. 2002-08-01
    ➖
    GIBSON, Sandra Joyce resigned
    secretary
  34. 2002-08-01
    ➕
    RUSSELL, Michael appointed
    secretary
  35. 2002-08-01
    ➖
    GIBSON, Roger John resigned
    director
  36. 2002-08-01
    ➖
    GIBSON, Sandra Joyce resigned
    director
  37. 2002-08-01
    ➕
    GREENACRE, Michael David appointed
    director
  38. 2002-08-01
    ➖
    HEALEY, Pamela resigned
    director
  39. 2002-08-01
    ➖
    HEALEY, Peter Leslie resigned
    director
  40. 2002-08-01
    ➕
    KEW, Philip Anthony appointed
    director
  41. 2002-08-01
    ➕
    RUSSELL, Michael appointed
    director
  42. 2002-08-01
    ➕
    WATES, Martyn James appointed
    director
  43. 2002-07-30
    ➕
    GIBSON, Roger John appointed
    secretary
  44. 2002-07-30
    ➕
    GIBSON, Roger John appointed
    director
  45. 2002-07-30
    ➕
    HEALEY, Peter Leslie appointed
    director
  46. 1993-11-01
    ➖
    GIBSON, Roger John resigned
    director
  47. 1993-11-01
    ➕
    GIBSON, Sandra Joyce appointed
    director
  48. 1993-11-01
    ➕
    HEALEY, Pamela appointed
    director
  49. 1993-11-01
    ➖
    HEALEY, Peter Leslie resigned
    director
  50. 1992-03-16
    ➕
    GIBSON, Sandra Joyce appointed
    secretary
Showing most recent 50 of 57 events

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
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Group structure

Notsallow 134 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Notsallow 134 Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MI TELECOM LIMITED
This company · 02668468

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Notsallow 134 Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting · firm interest06/04/2016
Russell Gardner
Individual · British · DOB 02/1977 · age 49
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · SS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
157LIGHTING LIMITED→
16311039 · est 2025 · no financials extracted
————1y——
266 HOLDINGS LIMITED→
14505281 · est 2022 · no financials extracted
————3y——
4WARD THINKING LIMITED→
07425285 · est 2010 · no financials extracted
————15y——
AARNA TECH SOLUTIONS LTD→
10966634 · est 2017 · no financials extracted
————8y——
ABIBEX GROUP LTD→
13827563 · est 2022 · no financials extracted
————4y——
ABICHAEL LIMITED→
10644640 · est 2017 · no financials extracted
————9y——
ABILITY FIRST LIMITED→
05423042 · est 2005 · no financials extracted
————21y——
ABLE TO CABLE LIMITED→
02494376 · est 1990 · no financials extracted
————35y——
ABP OASIS LTD→
15307610 · est 2023 · no financials extracted
————2y——
ABSOLUTE DIGITAL MEDIA LIMITED→
06643590 · est 2008 · no financials extracted
————17y——
ACCELERATEAI LTD→
15025657 · est 2023 · no financials extracted
————2y——
ACCESS TO RETAIL LIMITED→
04089600 · est 2000 · no financials extracted
————25y——
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
Incorporated1991-12-04
Jurisdictionengland-wales
Primary SIC61900 — Other telecommunications activities

Registered office

14 Hemmells Laindon
Basildon
Essex
SS15 6ED

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (3 active · 18 resigned)

GARDNER, Dennis→
director · ~79y · appointed 2010-05-01
View their other companies + combined net worth →
Active
GARDNER, Russell→
director · ~49y · appointed 2015-04-20
View their other companies + combined net worth →
Active
HEALEY, Peter Leslie→
director · ~75y · appointed 2005-08-03
View their other companies + combined net worth →
Active
GIBSON, Roger John→
secretary · appointed 2002-07-30 · resigned 2002-08-01
Resigned
GIBSON, Sandra Joyce→
secretary · appointed 1992-03-16 · resigned 2002-08-01
Resigned
HANSON, Larry→
secretary · appointed 2003-02-08 · resigned 2010-10-01
Resigned
RUSSELL, Michael→
secretary · appointed 2002-08-01 · resigned 2003-02-08
Resigned
L & A SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 1991-11-29 · resigned 1992-03-16
Resigned
GIBSON, Roger John→
director · ~82y · appointed 2002-07-30 · resigned 2002-08-01
Resigned
GIBSON, Roger John→
director · ~82y · appointed 1992-03-16 · resigned 1993-11-01
Resigned
GIBSON, Sandra Joyce→
director · ~80y · appointed 1993-11-01 · resigned 2002-08-01
Resigned
GREENACRE, Michael David→
director · ~78y · appointed 2002-08-01 · resigned 2004-07-16
Resigned
HANSON, Larry→
director · ~73y · appointed 2003-02-08 · resigned 2010-10-01
Resigned
HEALEY, Pamela→
director · ~73y · appointed 1993-11-01 · resigned 2002-08-01
Resigned
HEALEY, Peter Leslie→
director · ~75y · appointed 2002-07-30 · resigned 2002-08-01
Resigned
HEALEY, Peter Leslie→
director · ~75y · appointed 1992-03-16 · resigned 1993-11-01
Resigned
KEW, Philip Anthony→
director · ~76y · appointed 2002-08-01 · resigned 2002-09-06
Resigned
RUSSELL, Michael→
director · ~60y · appointed 2002-08-01 · resigned 2003-02-08
Resigned
THOMPSON, Christopher Howard Gould→
director · ~71y · appointed 2003-02-08 · resigned 2004-07-16
Resigned
WATES, Martyn James→
director · ~60y · appointed 2002-08-01 · resigned 2004-07-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Funding Circle
Funding Circle LTD
A registered charge1 property12/08/2025—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (129 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-11
accounts-with-accounts-type-small
accounts · AA
2026-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-13
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-26
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-18
accounts-with-accounts-type-small
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-small
accounts · AA
2024-01-30
accounts-with-accounts-type-small
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-small
accounts · AA
2022-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
accounts-with-accounts-type-small
accounts · AA
2021-04-28