SOLID APPLICATIONS LIMITED
💤Zombieactive
03498006 · ltd · incorporated 1998-01-23
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 Dec 2024
Net worth
—
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 67/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).
🏦
Refinance opportunity
1 live charge · oldest 28.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.2 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
15 officers (2 active, 15 linked, 9 with DOB)
82
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
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-08-31 |
|---|---|---|
| Average employees | 7 | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (52 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-12-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-11➕JONES, Michael Gareth David appointedsecretary
- 2024-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-01➕JONES, Michael Gareth David appointeddirector
- 2024-12-01➖HENDERSON, Scott resigneddirector
- 2024-10-31➖TAYLOR, Andrew James resigneddirector
- 2024-04-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-01-30➖HALL, Neale resigneddirector
- 2024-01-30➕HENDERSON, Scott appointeddirector
- 2024-01-30➖HILL, Christopher William resigneddirector
- 2024-01-30➕TAYLOR, Andrew James appointeddirector
- 2023-08-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-20🔓Charge satisfied #1
- 2023-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-13📄capital-cancellation-sharescapital · SH06
- 2023-03-29📄capital-return-purchase-own-sharescapital · SH03
- 2023-02-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-02📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-01-30➖HOWELLS, Michael William resignedsecretary
- 2023-01-30➖HOWELLS, Michael William resigneddirector
- 2014-12-03➖NON-EXECUTIVE DIRECTORS LIMITED resignedcorporate-director
- 2014-03-17➖L.A.P. BUREAU LTD resignedcorporate-director
- 2014-03-17➕NON-EXECUTIVE DIRECTORS LIMITED appointedcorporate-director
- 2012-09-28➕L.A.P. BUREAU LTD appointedcorporate-director
- 2008-07-25➕HOWELLS, Michael William appointedsecretary
- 2008-07-25➖VARMA, Kailash Chand resignedsecretary
- 2008-07-25➕HALL, Neale appointeddirector
- 2008-07-25➕HOWELLS, Michael William appointeddirector
- 2008-07-25➖NEW, Stephen Anthony resigneddirector
- 2008-07-25➖VARMA, Kailash Chand resigneddirector
- 1998-03-10🔒Charge registered #1Lender: Barclays Bank PLC
- 1998-01-23🏢Company incorporatedAs SOLID APPLICATIONS LIMITED
- 1998-01-23➕BREWER, Suzanne appointednominee-secretary
- 1998-01-23➖BREWER, Suzanne resignednominee-secretary
- 1998-01-23➕VARMA, Kailash Chand appointedsecretary
- 1998-01-23➕BREWER, Kevin, Dr appointednominee-director
- 1998-01-23➖BREWER, Kevin, Dr resignednominee-director
- 1998-01-23➕HILL, Christopher William appointeddirector
Showing most recent 50 of 52 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-10
Group structure
Visiativ Solutions Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Visiativ Solutions Uk Limited
Corporate parent · holds 75-100% shares · board control
⬇
SOLID APPLICATIONS LIMITED
This company · 03498006
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Visiativ Solutions Uk Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/01/2024 |
1 historic (ceased) PSC
- Mr Neale Hallceased 30/01/2024· 25-50% shares
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 · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 108 AI LTD→ 15237275 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1709 PRODUCTIONS LIMITED→ 12987531 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 17I LTD→ 15191976 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1830 CREW LTD→ 15650590 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1911 DATA CENTRES LIMITED→ 14496497 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1T CONSULTANCY LTD→ 10210186 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 1TECHAI LTD→ 16481311 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 20 DOORS DOWN LTD→ 15126082 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2410 STUDIO LTD→ 15318704 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 247SNIP LTD→ 16804845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 28 STORIES LTD→ 16304091 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2A VIBES RECORDS LTD→ 15258504 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1998-01-23
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
Old Market Place
Market Street
Oldbury
B69 4DH
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-10OVERDUE
Last: 2025-04-26
Officers (2 active · 13 resigned)
JONES, Michael Gareth David→
Activesecretary · appointed 2024-12-11
View their other companies + combined net worth →
JONES, Michael Gareth David→
Activedirector · ~38y · appointed 2024-12-01
View their other companies + combined net worth →
BREWER, Suzanne→
Resignednominee-secretary · appointed 1998-01-23 · resigned 1998-01-23
HOWELLS, Michael William→
Resignedsecretary · appointed 2008-07-25 · resigned 2023-01-30
VARMA, Kailash Chand→
Resignedsecretary · appointed 1998-01-23 · resigned 2008-07-25
BREWER, Kevin, Dr→
Resignednominee-director · ~74y · appointed 1998-01-23 · resigned 1998-01-23
HALL, Neale→
Resigneddirector · ~64y · appointed 2008-07-25 · resigned 2024-01-30
HENDERSON, Scott→
Resigneddirector · ~54y · appointed 2024-01-30 · resigned 2024-12-01
HILL, Christopher William→
Resigneddirector · ~64y · appointed 1998-01-23 · resigned 2024-01-30
HOWELLS, Michael William→
Resigneddirector · ~60y · appointed 2008-07-25 · resigned 2023-01-30
NEW, Stephen Anthony→
Resigneddirector · ~62y · appointed 1998-01-23 · resigned 2008-07-25
TAYLOR, Andrew James→
Resigneddirector · ~49y · appointed 2024-01-30 · resigned 2024-10-31
VARMA, Kailash Chand→
Resigneddirector · ~70y · appointed 1998-01-23 · resigned 2008-07-25
L.A.P. BUREAU LTD→
Resignedcorporate-director · appointed 2012-09-28 · resigned 2014-03-17
NON-EXECUTIVE DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2014-03-17 · resigned 2014-12-03
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 10/03/1998 | 20/08/2023 |
Recent filings (106 total)
accounts-with-accounts-type-small
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
appoint-person-secretary-company-with-name-date
officers · AP03
2024-12-12
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
appoint-person-director-company-with-name-date
officers · AP01
2024-12-11
termination-director-company-with-name-termination-date
officers · TM01
2024-12-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-21
termination-director-company-with-name-termination-date
officers · TM01
2024-04-05
termination-director-company-with-name-termination-date
officers · TM01
2024-04-05
appoint-person-director-company-with-name-date
officers · AP01
2024-04-05
appoint-person-director-company-with-name-date
officers · AP01
2024-04-05
change-account-reference-date-company-current-extended
accounts · AA01
2024-03-15