6XW LIMITED

🚨Distressedactive
08798589 · ltd · incorporated 2013-12-02
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2024
Net worth
£-179.5k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 55/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £179,504

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£180k
↓ 8.5% YoY
Current Assets
£4k
↑ 30% YoY
Current Liabilities
-£180k-£143k-£106k-£69k-£33k£4kApr 2023Apr 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-04-302023-04-30
Total assets£-179.5k£-165.5k
Current assets£4.2k£3.2k
Net assets£-179.5k£-165.5k

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
4
filings
  • 2 persons-with-significant-control
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-08-17
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2021-07-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-02-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2020-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2019-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-03-31
    WRINCH, Nicholas Peter Hugh resigned
    director
  18. 2019-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2015-07-29
    WRINCH, Nicholas Peter Hugh appointed
    director
  20. 2015-04-30
    HOFFMAN, Alec John resigned
    director
  21. 2013-12-02
    🏢
    Company incorporated
    As 6XW LIMITED
  22. 2013-12-02
    COOK, Paul Michael appointed
    director
  23. 2013-12-02
    HOFFMAN, Alec John appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-01-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Michael Cook
Individual · British · DOB 07/1961 · age 65
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Mr Nicholas Peter Hugh Wrinch
Individual · British · DOB 10/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting15/03/2017

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

10 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
Incorporated2013-12-02
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

5 Beech Court
Hurst
Reading
RG10 0RQ
England

Filing status

Accounts
Next due: 2026-01-31OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (1 active · 2 resigned)

COOK, Paul Michael
director · ~65y · appointed 2013-12-02
View their other companies + combined net worth →
Active
HOFFMAN, Alec John
director · ~63y · appointed 2013-12-02 · resigned 2015-04-30
Resigned
WRINCH, Nicholas Peter Hugh
director · ~73y · appointed 2015-07-29 · resigned 2019-03-31
Resigned

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

Recent filings (53 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-31
change-person-director-company-with-change-date
officers · CH01
2026-01-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-27