2012 SYSTEMS LIMITED

🌳Matureactive
05503188 · ltd · incorporated 2005-07-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 95110Repair of computers and peripheral equipment
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 75). Share purchase looks the cleaner deal structure. 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 (73/100).

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, 2 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-18
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-04-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-03-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-03-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2005-07-08
    🏢
    Company incorporated
    As 2012 SYSTEMS LIMITED
  17. 2005-07-08
    POOLE, Stephen Charles appointed
    secretary
  18. 2005-07-08
    PARTRIDGE, Byron appointed
    director
  19. 2005-07-08
    POOLE, Stephen Charles appointed
    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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 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 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-06

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Stephen Charles Poole
Individual · English · DOB 01/1951 · age 75
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence12/07/2016

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2005-07-08
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

3 Sheephouse Way
New Malden
KT3 5PF
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-05-06OVERDUE
Last: 2025-04-22

Officers (3 active · 0 resigned)

POOLE, Stephen Charles
secretary · appointed 2005-07-08
View their other companies + combined net worth →
Active
PARTRIDGE, Byron
director · ~69y · appointed 2005-07-08
View their other companies + combined net worth →
Active
POOLE, Stephen Charles
director · ~75y · appointed 2005-07-08
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (52 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-18
accounts-with-accounts-type-dormant
accounts · AA
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-dormant
accounts · AA
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-dormant
accounts · AA
2024-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-dormant
accounts · AA
2023-03-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-15
accounts-with-accounts-type-dormant
accounts · AA
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-25
accounts-with-accounts-type-dormant
accounts · AA
2021-03-26