ANGEL SOFTWARE LIMITED
🌳Matureactive
03863318 · ltd · incorporated 1999-10-21
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 Oct 2024
Net worth
£2.55M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 72-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,552,371
Key financials
2 years extracted from filed iXBRL accountsCash
£650k
Net Worth
£2.6m
Current Assets
£2.9m
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £2.56M | — |
| Current assets | £2.87M | — |
| Cash | £650.2k | — |
| Debtors | £2.02M | — |
| Net assets | £2.55M | — |
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 persons-with-significant-control
Last 180 days
2
filings
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-05-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-31➖AMES, Nicholas Oliver Philip resigneddirector
- 2008-10-20➕AMES, Samuel appointeddirector
- 1999-10-21🏢Company incorporatedAs ANGEL SOFTWARE LIMITED
- 1999-10-21➕WHITHAM, Margaret Mary appointedsecretary
- 1999-10-21➕WHITHAM, Margaret Mary appointeddirector
- 1999-10-21➕AMES, Nicholas Oliver Philip appointeddirector
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
96/100
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 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Margaret Mary Whitham Individual · British · DOB 05/1954 · age 72 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 20/10/2016 |
Mr Samuel Ames Individual · British · DOB 10/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · firm interest | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| AGRITEC INTERNATIONAL LTD→ 04671688 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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| AQUAJET MACHINING SYSTEMS LIMITED→ 03125420 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| AUSTIN WALMSLEY LTD→ 04556651 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AUTOMET LIMITED→ 04448557 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AUTOMOTIVE 1 LTD→ 15803034 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AVCO AUDIO VISUAL LIMITED→ 06909405 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AVEC COOKERS (UK) LTD→ 07526199 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AWL ENGINEERING LIMITED→ 05045073 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
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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
Incorporated1999-10-21
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Unit 5 Dewhurst Row
Bamber Bridge
Preston
PR5 6SW
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21
Officers (3 active · 1 resigned)
WHITHAM, Margaret Mary→
Activesecretary · appointed 1999-10-21
View their other companies + combined net worth →
AMES, Samuel→
Activedirector · ~38y · appointed 2008-10-20
View their other companies + combined net worth →
WHITHAM, Margaret Mary→
Activedirector · ~72y · appointed 1999-10-21
View their other companies + combined net worth →
AMES, Nicholas Oliver Philip→
Resigneddirector · ~46y · appointed 1999-10-21 · resigned 2010-03-31
Click a director name to see their full track record across all companies.
Recent filings (68 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-15