APD GLOBAL RESEARCH LIMITED

🌳Matureactive
06005306 · ltd · incorporated 2006-11-21
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 Dec 2024
Net worth
£53.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 17.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 17.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
89 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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £53,005
Net assets shrinking
Down £112,034 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£53k
↓ 68% YoY
Current Assets
£75k
↓ 69% YoY
Current Liabilities
—
£0£49k£98k£147k£196k£245kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£154.3k£230.0k
Current assets£75.2k£244.9k
Net assets£53.0k£165.0k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-07-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-08-23
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2024-08-19
    ➖
    SMITH, Andrew resigned
    director
  7. 2024-08-01
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2024-07-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-07-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-07-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-07-10
    ➖
    WHALLEY, Robert resigned
    director
  12. 2023-10-18
    ➖
    HUGHES, Mark Foster resigned
    director
  13. 2023-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-12-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-06-23
    ➕
    HUGHES, Mark Foster appointed
    director
  20. 2021-06-23
    ➕
    SMITH, Andrew appointed
    director
  21. 2021-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2020-10-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2020-09-14
    ➖
    COURTENAY-EVANS, Kathryn Claire resigned
    director
  25. 2020-01-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2019-06-20
    ➕
    COURTENAY-EVANS, Kathryn Claire appointed
    director
  27. 2017-12-20
    ➕
    FISHER, Karl appointed
    director
  28. 2015-01-01
    ➕
    WHALLEY, Robert appointed
    director
  29. 2012-05-19
    🔓
    Charge satisfied #3
  30. 2012-05-19
    🔓
    Charge satisfied #2
  31. 2012-05-19
    🔓
    Charge satisfied #1
  32. 2011-07-20
    ➖
    KNIGHT, Derek George resigned
    director
  33. 2011-05-31
    🔒
    Charge registered #3
    Lender: Apd Group Limited
  34. 2011-05-27
    ➖
    JENKINS, Jeffrey Gordon resigned
    secretary
  35. 2011-05-27
    ➖
    KNIGHT, Derek George resigned
    secretary
  36. 2011-05-27
    ➖
    JENKINS, Jeffrey Gordon resigned
    director
  37. 2011-05-27
    ➖
    TYRRELL, James resigned
    director
  38. 2011-01-21
    🔒
    Charge registered #2
    Lender: Tyrrell Investments Limited
  39. 2010-12-02
    ➕
    JENKINS, Jeffrey Gordon appointed
    secretary
  40. 2010-12-02
    ➕
    JENKINS, Jeffrey Gordon appointed
    director
  41. 2010-12-02
    ➕
    TYRRELL, James appointed
    director
  42. 2010-01-06
    ➕
    SKELHORN, Andrew Robert, Dr appointed
    director
  43. 2009-07-20
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  44. 2006-11-21
    🏢
    Company incorporated
    As APD GLOBAL RESEARCH LIMITED
  45. 2006-11-21
    ➕
    TURNER, Paul John appointed
    director
  46. 2006-11-21
    ➕
    KNIGHT, Derek George appointed
    secretary
  47. 2006-11-21
    ➕
    KNIGHT, Derek George 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
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100
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 71 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul John Turner
Individual · British · DOB 06/1955 · age 71
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mr Robert Whalleyceased 28/06/2024· 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 →

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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
Incorporated2006-11-21
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

Unit 1 Gate Farm High Street
Sutton Benger
Chippenham
Wiltshire
SN15 4RE
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (3 active · 9 resigned)

FISHER, Karl→
director · ~51y · appointed 2017-12-20
View their other companies + combined net worth →
Active
SKELHORN, Andrew Robert, Dr→
director · ~64y · appointed 2010-01-06
View their other companies + combined net worth →
Active
TURNER, Paul John→
director · ~71y · appointed 2006-11-21
View their other companies + combined net worth →
Active
JENKINS, Jeffrey Gordon→
secretary · appointed 2010-12-02 · resigned 2011-05-27
Resigned
KNIGHT, Derek George→
secretary · appointed 2006-11-21 · resigned 2011-05-27
Resigned
COURTENAY-EVANS, Kathryn Claire→
director · ~53y · appointed 2019-06-20 · resigned 2020-09-14
Resigned
HUGHES, Mark Foster→
director · ~69y · appointed 2021-06-23 · resigned 2023-10-18
Resigned
JENKINS, Jeffrey Gordon→
director · ~68y · appointed 2010-12-02 · resigned 2011-05-27
Resigned
KNIGHT, Derek George→
director · ~79y · appointed 2006-11-21 · resigned 2011-07-20
Resigned
SMITH, Andrew→
director · ~57y · appointed 2021-06-23 · resigned 2024-08-19
Resigned
TYRRELL, James→
director · ~65y · appointed 2010-12-02 · resigned 2011-05-27
Resigned
WHALLEY, Robert→
director · ~75y · appointed 2015-01-01 · resigned 2024-07-10
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Apd Group
Apd Group Limited
Debenture1 property31/05/201119/05/2012
satisfied
Tyrrell Investments
Tyrrell Investments Limited
Debenture1 property21/01/201119/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property20/07/200919/05/2012

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
change-person-director-company-with-change-date
officers · CH01
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
capital-return-purchase-own-shares
capital · SH03
2024-08-23
capital-cancellation-shares
capital · SH06
2024-08-01
termination-director-company-with-name-termination-date
officers · TM01
2024-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-22
termination-director-company-with-name-termination-date
officers · TM01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-21