AVENCA LIMITED

🌳Matureactive
04151672 · ltd · incorporated 2001-02-01
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£351.4k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 3 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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 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 £351,418
Cash YoY
+25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£272k
↑ 25% YoY
Net Worth
£351k
↑ 14% YoY
Current Assets
—
Current Liabilities
—
£0£70k£141k£211k£281k£351kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Cash£271.8k£217.1k
Net assets£351.4k£308.7k

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
5
filings
  • • 2 capital
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-21
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  2. 2026-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-01-08
    📄
    capital-allotment-shares
    capital · SH01
  4. 2026-01-08
    📄
    capital-return-purchase-own-shares
    capital · SH03
  5. 2025-12-16
    📄
    capital-alter-shares-reconversion
    capital · SH02
  6. 2025-11-27
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-11-27
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2025-11-27
    📄
    capital-cancellation-shares
    capital · SH06
  9. 2025-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-09-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-09-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-09-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-09-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-09-18
    🔓
    Charge satisfied #1
  20. 2016-03-18
    ➕
    CUTHBERT-BAINES, Ann appointed
    director
  21. 2014-07-16
    ➖
    TALBOT, Richard resigned
    director
  22. 2007-04-24
    🔒
    Charge registered #1
    Lender: Abbey National PLC Trading as Abbey National Business
  23. 2005-01-04
    ➕
    TALBOT, Richard appointed
    director
  24. 2001-02-07
    ➕
    CUTHBERT-BAINES, Ann appointed
    secretary
  25. 2001-02-07
    ➕
    BAINES, Neil Christie, Dr appointed
    director
  26. 2001-02-07
    ➖
    FIRST SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  27. 2001-02-07
    ➖
    FIRST DIRECTORS LIMITED resigned
    corporate-nominee-director
  28. 2001-02-01
    🏢
    Company incorporated
    As AVENCA LIMITED
  29. 2001-02-01
    ➕
    FIRST SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  30. 2001-02-01
    ➕
    FIRST DIRECTORS LIMITED appointed
    corporate-nominee-director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Ann Cuthbert-Baines
Individual · British · DOB 01/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Dr Neil Christie Baines
Individual · British · DOB 07/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Ann Cuthbert Bainesceased 02/04/2019· 25-50% shares · 25-50% voting

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

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
Incorporated2001-02-01
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

Leanne House
6 Avon Close
Weymouth
Dorset
DT4 9UX
United Kingdom

Filing status

Accounts
Next due: 2027-03-29
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13

Officers (3 active · 3 resigned)

CUTHBERT-BAINES, Ann→
secretary · appointed 2001-02-07
View their other companies + combined net worth →
Active
BAINES, Neil Christie, Dr→
director · ~69y · appointed 2001-02-07
View their other companies + combined net worth →
Active
CUTHBERT-BAINES, Ann→
director · ~66y · appointed 2016-03-18
View their other companies + combined net worth →
Active
FIRST SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2001-02-01 · resigned 2001-02-07
Resigned
TALBOT, Richard→
director · ~67y · appointed 2005-01-04 · resigned 2014-07-16
Resigned
FIRST DIRECTORS LIMITED→
corporate-nominee-director · appointed 2001-02-01 · resigned 2001-02-07
Resigned

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
TypeProperties
satisfied
Santander
Abbey National PLC Trading as Abbey National Business
Charge over cash deposit1 property24/04/200718/09/2018

Recent filings (107 total)

second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2026-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-02
capital-allotment-shares
capital · SH01
2026-01-08
capital-return-purchase-own-shares
capital · SH03
2026-01-08
capital-alter-shares-reconversion
capital · SH02
2025-12-16
resolution
resolution · RESOLUTIONS
2025-11-27
capital-cancellation-shares
capital · SH06
2025-11-27
capital-cancellation-shares
capital · SH06
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-18