AEQUITAS SEARCH LIMITED
🌳Matureactive
08766540 · ltd · incorporated 2013-11-07
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 Mar 2025
Net worth
£145.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
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. Most likely exit: share sale to pe / searcher (58/100).
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 (2 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
55 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)Positive net assets
Net assets £145,549
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£146k
Current Assets
£150k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £146.2k | — |
| Current assets | £149.6k | — |
| Net assets | £145.5k | — |
| Average employees | — | 200 |
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
9
filings
- • 4 officers
- • 4 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-15📄change-person-director-company-with-change-dateofficers · CH01
- 2013-11-11➕YENDELL, Marie-Anne appointeddirector
- 2013-11-11➕YENDELL, Steven James appointeddirector
- 2013-11-07🏢Company incorporatedAs AEQUITAS SEARCH LIMITED
- 2013-11-07➕HEIMAN, Osker appointeddirector
- 2013-11-07➖HEIMAN, Osker resigneddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 |
|---|---|---|---|---|
Mrs Marie-Anne Yendell Individual · British · DOB 10/1971 · age 55 | 50–75% | — | 50-75% shares | 01/07/2016 |
Mr Steven James Yendell Individual · British · DOB 10/1972 · age 54 | — | — | sig. influencesignificant influence | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 2MORROW’S CONSULTING LTD→ 15927893 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5538 MANAGEMENT LIMITED→ 12480009 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 751 EARTH LTD→ 15950608 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 9 POWDERHAM TERRACE MANAGEMENT COMPANY LIMITED→ 04002051 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACCOUNTING IS EASY LIMITED→ 10203804 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACCOUNTS INVESTIGATIONS LIMITED→ 05667710 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ADEL YACHTING LTD→ 15706117 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADPAD GROUP LIMITED→ 08723689 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADVANCED TECHNICAL RECRUITMENT LIMITED→ 06026995 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AEROSPACE ENGINEERING CONSULTANCY SERVICES LIMITED→ 11210694 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AFRINOON CONSULTANCY LTD→ 04399212 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| AFTA LIMITED→ 12310230 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2013-11-07
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies
Registered office
14 Rocklands Business Park
Oxencombe Road
Chudleigh
Devon
TQ13 0GT
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07
Officers (2 active · 1 resigned)
YENDELL, Marie-Anne→
Activedirector · ~55y · appointed 2013-11-11
View their other companies + combined net worth →
YENDELL, Steven James→
Activedirector · ~54y · appointed 2013-11-11
View their other companies + combined net worth →
HEIMAN, Osker→
Resigneddirector · ~49y · appointed 2013-11-07 · resigned 2013-11-07
Click a director name to see their full track record across all companies.
Recent filings (55 total)
change-person-director-company-with-change-date
officers · CH01
2025-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-19
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03