APW SOFTWARE LIMITED

💤Zombieactive
08802331 · ltd · incorporated 2013-12-04
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 Mar 2026
Net worth
£8.7k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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 £8,674

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£9k
Current Assets
£21k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2026-03-31
Total assets£10.1k
Current assets£20.6k
Net assets£8.7k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-04-17
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2025-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-12-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-12-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2024-12-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-12-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-12-01
    WILSON, Melanie appointed
    secretary
  14. 2023-12-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2023-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2013-12-04
    🏢
    Company incorporated
    As APW SOFTWARE LIMITED
  21. 2013-12-04
    WILSON, Iain Kevin appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Iain Kevin Wilson
Individual · British · DOB 03/1981 · age 45
75100%
75-100% shares01/06/2016

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
Incorporated2013-12-04
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

37 Lamaleach Drive
Preston
Lancashire
PR4 1AJ
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (2 active · 0 resigned)

WILSON, Melanie
secretary · appointed 2023-12-01
View their other companies + combined net worth →
Active
WILSON, Iain Kevin
director · ~45y · appointed 2013-12-04
View their other companies + combined net worth →
Active

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

Recent filings (37 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-26
change-account-reference-date-company-previous-extended
accounts · AA01
2026-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-11
change-person-secretary-company-with-change-date
officers · CH03
2024-12-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-09
change-person-director-company-with-change-date
officers · CH01
2024-12-09
change-person-secretary-company-with-change-date
officers · CH03
2024-12-06
change-person-director-company-with-change-date
officers · CH01
2024-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-07