APEX SPECTRUM GROUP LIMITED

💤Zombieactive
04780912 · ltd · incorporated 2003-05-29
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 Aug 2023
Net worth
£937
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Wireless telecommunications activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).

🏦

Refinance opportunity

1 live charge · oldest 21.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review 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 £937
Net assets shrinking
Down £2,448 YoY
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
~ YoY
Net Worth
£937
↓ 72% YoY
Current Assets
£58k
↑ 8.1% YoY
Current Liabilities
£0£12k£23k£35k£46k£58kAug 2022Aug 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-08-312022-08-31
Total assets£26.3k£28.6k
Current assets£57.8k£53.4k
Cash£1.9k£1.9k
Debtors£55.9k£51.6k
Net assets£937£3.4k

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
0
filings
Last 180 days
9
filings
  • 2 confirmation-statement
  • 2 persons-with-significant-control
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-03-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-03-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-03-23
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  5. 2026-03-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-03-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-09-10
    MALAGONOY, Rehan Guialanie appointed
    director
  9. 2025-09-10
    OLSEN, Anthony Richard resigned
    director
  10. 2025-09-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2024-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2021-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-01-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2020-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-07-06
    GANNON, Colin resigned
    secretary
  22. 2020-07-06
    GANNON, Colin resigned
    director
  23. 2005-07-01
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  24. 2003-05-29
    🏢
    Company incorporated
    As APEX SPECTRUM GROUP LIMITED
  25. 2003-05-29
    GANNON, Colin appointed
    secretary
  26. 2003-05-29
    GANNON, Colin appointed
    director
  27. 2003-05-29
    OLSEN, Anthony Richard appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Some 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 · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-08-31

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-03-24: certificate-change-of-name-company

🔒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 · DE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALFIE'S IDEAS LTD
12452724 · est 2020 · no financials extracted
6y
ALGOBROKER LIMITED
10593795 · est 2017 · no financials extracted
9y
ALPHABABA LTD
14125100 · est 2022 · no financials extracted
3y
AMAYA TECHNOLOGY LTD
14590485 · est 2023 · no financials extracted
3y
AMB SOLUTIONS LIMITED
06120005 · est 2007 · no financials extracted
19y
AMYGDA LABS LTD
11539095 · est 2018 · no financials extracted
7y
ANDREW HINCHLEY LIMITED
07050583 · est 2009 · no financials extracted
16y
ANDREW ROSS DESIGN LIMITED
11317930 · est 2018 · no financials extracted
7y
ANTIFRAGILE SOLUTIONS LTD
10998949 · est 2017 · no financials extracted
8y
APOCRYPHA ENTERTAINMENT LIMITED
15037414 · est 2023 · no financials extracted
2y
APOLLO CONSULTANTS INTERNATIONAL LIMITED
02426248 · est 1989 · no financials extracted
36y
APP SOFTWARE LTD
07109450 · est 2009 · no financials extracted
16y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2003-05-29
Jurisdictionengland-wales
Primary SIC61200 — Wireless telecommunications activities

Registered office

117 High Street
Newhall
Swadlincote
DE11 0HR
England

Filing status

Accounts
Next due: 2025-08-31OVERDUE
Last made up to: 2023-08-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (1 active · 3 resigned)

MALAGONOY, Rehan Guialanie
director · ~47y · appointed 2025-09-10
View their other companies + combined net worth →
Active
GANNON, Colin
secretary · appointed 2003-05-29 · resigned 2020-07-06
Resigned
GANNON, Colin
director · ~51y · appointed 2003-05-29 · resigned 2020-07-06
Resigned
OLSEN, Anthony Richard
director · ~58y · appointed 2003-05-29 · resigned 2025-09-10
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
HSBC
Hsbc Bank PLC
Debenture1 property01/07/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-03-24
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-03-23
appoint-person-director-company-with-name-date
officers · AP01
2026-03-23
termination-director-company-with-name-termination-date
officers · TM01
2026-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-09-09
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26