AFTERTHOUGHT SOFTWARE LTD.

🌳Matureactive
07827992 · ltd · incorporated 2011-10-28
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 Oct 2024
Net worth
£333.4k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Wireless telecommunications activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62012Business and domestic software development
  • 62020Information technology consultancy activities
  • 71122Engineering related scientific and technical consulting activities
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £333,417

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£333k
↑ 1.6% YoY
Current Assets
£376k
↑ 1.6% YoY
Current Liabilities
—
£0£75k£150k£226k£301k£376kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£333.4k£328.2k
Current assets£376.2k£370.4k
Net assets£333.4k£328.2k

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 (22 events)Click to expand
  1. 2025-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2022-11-10
    📄
    capital-allotment-shares
    capital · SH01
  6. 2022-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-05-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-04-01
    ➕
    DULLER, Morag appointed
    director
  9. 2021-11-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-01-12
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2020-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-09-07
    ➖
    BRADLEY, Byron Edward resigned
    director
  15. 2020-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-07-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2011-10-28
    🏢
    Company incorporated
    As AFTERTHOUGHT SOFTWARE LTD.
  20. 2011-10-28
    ➕
    DULLER, Alexander Robert George appointed
    director
  21. 2011-10-28
    ➕
    DULLER, Andrew William George, Dr appointed
    director
  22. 2011-10-28
    ➕
    BRADLEY, Byron Edward appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 15 years.
  • 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Morag Duller
Individual · British · DOB 09/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting10/11/2022
Dr Andrew William George Duller
Individual · British · DOB 07/1960 · age 66
25–50%
—25-50% shares28/10/2016
Mr Alexander Robert George Duller
Individual · British · DOB 03/1988 · age 38
25–50%
—25-50% shares28/10/2016
1 historic (ceased) PSC
  • Mr Byron Edward Bradleyceased 07/09/2020· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2011-10-28
Jurisdictionengland-wales
Primary SIC61200 — Wireless telecommunications activities

Registered office

C/O Business Control Ltd Red Lion Yard
Odd Down
Bath
BA2 2PP
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-11
Last: 2025-10-28

Officers (3 active · 1 resigned)

DULLER, Alexander Robert George→
director · ~38y · appointed 2011-10-28
View their other companies + combined net worth →
Active
DULLER, Andrew William George, Dr→
director · ~66y · appointed 2011-10-28
View their other companies + combined net worth →
Active
DULLER, Morag→
director · ~55y · appointed 2022-04-01
View their other companies + combined net worth →
Active
BRADLEY, Byron Edward→
director · ~42y · appointed 2011-10-28 · resigned 2020-09-07
Resigned

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-10
capital-allotment-shares
capital · SH01
2022-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-24
appoint-person-director-company-with-name-date
officers · AP01
2022-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-16
capital-return-purchase-own-shares
capital · SH03
2021-01-12