DECA BROKERS LTD

🌳Matureactive
07231631 · ltd · incorporated 2010-04-22
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
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Turnover
year to Sept 2025
Net worth
£706
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £706

Key financials

2 years extracted from filed iXBRL accounts
Cash
£721
Net Worth
£706
↑ 20% YoY
Current Assets
£721
Current Liabilities
£0£144£288£433£577£721Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£706£590
Current assets£721
Cash£721
Debtors£470
Net assets£706£590

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 (20 events)Click to expand
  1. 2025-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-06-04
    KANGELLARIS, Kyriacos Sotiris appointed
    director
  4. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-01-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  12. 2018-01-30
    📄
    legacy
    capital · SH20
  13. 2018-01-30
    ⚠️
    legacy
    insolvency · CAP-SS
  14. 2018-01-30
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2018-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-01-10
    NIKOLAOU, Ioanna, Mrs. resigned
    director
  18. 2010-07-09
    NIKOLAOU, Ioanna, Mrs. appointed
    director
  19. 2010-04-22
    🏢
    Company incorporated
    As DECA BROKERS LTD
  20. 2010-04-22
    DIMAS, Evangelos appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2018-01-30: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Evangelos Dimas
Individual · Greek · DOB 12/1968 · age 58
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated2010-04-22
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

12 Gateway Mews
Bounds Green
London
N11 2UT

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05

Officers (2 active · 1 resigned)

DIMAS, Evangelos
director · ~58y · appointed 2010-04-22
View their other companies + combined net worth →
Active
KANGELLARIS, Kyriacos Sotiris
director · ~49y · appointed 2025-06-04
View their other companies + combined net worth →
Active
NIKOLAOU, Ioanna, Mrs.
director · ~54y · appointed 2010-07-09 · resigned 2018-01-10
Resigned

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

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-05
appoint-person-director-company-with-name-date
officers · AP01
2025-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-18