APPLIED NOVELTY LIMITED
💤Zombieactive
08267740 · ltd · incorporated 2012-10-25
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 Oct 2024
Net worth
£-88.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
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, 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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £88,509
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£89k
↓ 9.0% YoY
Current Assets
£16k
↓ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-30 | 2023-10-31 |
|---|---|---|
| Total assets | £-16.3k | £-65.6k |
| Current assets | £16.4k | £21.2k |
| Net assets | £-88.5k | £-81.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (23 events)Click to expand
- 2025-07-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-01-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-12-01➕NG, Soo Yeng appointeddirector
- 2017-12-01➖XU, Yuqiu resigneddirector
- 2012-10-25🏢Company incorporatedAs APPLIED NOVELTY LIMITED
- 2012-10-25➕COWAN, Graham Michael appointeddirector
- 2012-10-25➖COWAN, Graham Michael resigneddirector
- 2012-10-25➕XU, Yuqiu appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Soo Yeng Ng Individual · British · DOB 06/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2017 |
Mrs Yuqiu Xu Individual · Chinese · DOB 08/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ASHFIELD SHEET METAL LIMITED→ 09144544 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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| ASK AND CONSULT LIMITED→ 15706637 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASKEY CONTRACT SERVICES LIMITED→ 09849045 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ASKTARAH LIMITED→ 13631253 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASLVISTA LTD→ 12708001 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASM RECRUITMENT SERVICES LTD→ 11690490 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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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
Incorporated2012-10-25
Jurisdictionengland-wales
Primary SIC71122 — Engineering related scientific and technical consulting activities
Registered office
Glenewes House Gate Way Drive
Yeadon
Leeds
West Yorkshire
LS19 7XY
England
Filing status
Accounts
Next due: 2026-07-30
Last made up to: 2024-10-30
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (1 active · 2 resigned)
NG, Soo Yeng→
Activedirector · ~54y · appointed 2017-12-01
View their other companies + combined net worth →
COWAN, Graham Michael→
Resigneddirector · ~83y · appointed 2012-10-25 · resigned 2012-10-25
XU, Yuqiu→
Resigneddirector · ~49y · appointed 2012-10-25 · resigned 2017-12-01
Click a director name to see their full track record across all companies.
Recent filings (42 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30