APSIS LIMITED
⚰️Wound downliquidation
03215939 · ltd · incorporated 1996-06-24
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
£172.4k
book net assets
Opportunity
51/100
Worth a look
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Special-situation opportunityDistressed technology with salvageable qualities — special-situations priority.
Opportunity 51/100 (worth a look), bankability 50/100. Strong seller-intent signal (70/100, director aged 71). Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (68/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
51/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £172,367
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£172k
Current Assets
£198k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-03-23 |
|---|---|
| Total assets | £172.4k |
| Current assets | £198.4k |
| Net assets | £172.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 2 insolvency
- • 1 address
- • 1 resolution
Last 180 days
7
filings
- • 3 accounts
- • 2 insolvency
- • 1 address
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-06-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-06-01⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2026-06-01⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2026-06-01📄resolutionresolution · RESOLUTIONS
- 2026-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2026-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-22➖WINTERBURN, Betty resignedsecretary
- 2024-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 1996-06-25➕WINTERBURN, David Charles appointeddirector
- 1996-06-25➕WINTERBURN, Betty appointedsecretary
- 1996-06-25➖BRIGHTON SECRETARY LIMITED resignedcorporate-nominee-secretary
- 1996-06-25➖BRIGHTON DIRECTOR LIMITED resignedcorporate-nominee-director
- 1996-06-24🏢Company incorporatedAs APSIS LIMITED
- 1996-06-24➕BRIGHTON SECRETARY LIMITED appointedcorporate-nominee-secretary
- 1996-06-24➕BRIGHTON DIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 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
2 high ·Company in liquidation
highCompany is actively being wound up. Not a going concern.
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-06-01: liquidation-voluntary-declaration-of-solvency; 2026-06-01: liquidation-voluntary-appointment-of-liquidator
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Charles Winterburn Individual · British · DOB 03/1955 · age 71 | 75–100% | — | 75-100% shares | 06/04/2016 |
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
11 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
Statusliquidation
Typeltd
Incorporated1996-06-24
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Lawrence House
5 St. Andrews Hill
Norwich
Norfolk
NR2 1AD
Filing status
Accounts
Next due: 2027-12-23
Last made up to: 2026-03-23
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24
Officers (1 active · 3 resigned)
WINTERBURN, David Charles→
Activedirector · ~71y · appointed 1996-06-25
View their other companies + combined net worth →
WINTERBURN, Betty→
Resignedsecretary · appointed 1996-06-25 · resigned 2024-07-22
BRIGHTON SECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-06-24 · resigned 1996-06-25
BRIGHTON DIRECTOR LIMITED→
Resignedcorporate-nominee-director · appointed 1996-06-24 · resigned 1996-06-25
Click a director name to see their full track record across all companies.
Recent filings (73 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-01
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2026-06-01
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-06-01
resolution
resolution · RESOLUTIONS
2026-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-07