PATCHS HEALTH LIMITED
🌳Matureactive
09108913 · ltd · incorporated 2014-06-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 3.6y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 9 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
112 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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
4
filings
- • 2 resolution
- • 1 incorporation
- • 1 capital
Last 180 days
14
filings
- • 6 officers
- • 2 resolution
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-03-11📄resolutionresolution · RESOLUTIONS
- 2026-03-11📄memorandum-articlesincorporation · MA
- 2026-02-27📄resolutionresolution · RESOLUTIONS
- 2026-02-26📄capital-name-of-class-of-sharescapital · SH08
- 2025-12-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-24📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-12-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-24📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-17➕DEWS, Stephen Eric appointeddirector
- 2025-12-17➕WALSH, Simon David appointeddirector
- 2025-12-17➖BRADY, Robert Michael resigneddirector
- 2025-12-17➖BURNETT, Michael resigneddirector
- 2025-12-17➖ONG, Marcus Alexander, Dr resigneddirector
- 2025-12-17➖SPRAGUE, Daniel Alexander, Dr resigneddirector
- 2025-11-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-05🔓Charge satisfied #3
- 2025-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-03📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-02-13📄capital-name-of-class-of-sharescapital · SH08
- 2025-02-13📄capital-name-of-class-of-sharescapital · SH08
- 2024-10-25📄capital-name-of-class-of-sharescapital · SH08
- 2024-09-12📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-08-22📄capital-allotment-sharescapital · SH01
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-14🔒Charge registered #3Lender: Hsbc Innovation Banking
- 2024-04-03➕BRADY, Robert Michael appointeddirector
- 2024-04-03➕BURNETT, Michael appointeddirector
- 2024-04-03➖CONNOR, Sean Paul Michael William resigneddirector
- 2024-04-03➖PHILLIPS, Joseph Anthony resigneddirector
- 2024-04-03➖SANDERS, Jeremy Robin resigneddirector
- 2024-03-20🔓Charge satisfied #2
- 2024-02-02🔒Charge registered #2Lender: Rocking Horse Solutions UK Limited
- 2022-11-29🔓Charge satisfied #1
- 2022-10-24🔒Charge registered #1Lender: Fundsquire Limited
- 2017-03-02➕CONNOR, Sean Paul Michael William appointeddirector
- 2017-03-02➕PHILLIPS, Joseph Anthony appointeddirector
- 2017-03-02➕SANDERS, Jeremy Robin appointeddirector
- 2014-06-30🏢Company incorporatedAs PATCHS HEALTH LIMITED
- 2014-06-30➕ONG, Marcus Alexander, Dr appointeddirector
- 2014-06-30➕SPRAGUE, Daniel Alexander, Dr appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·4 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BRADY, Robert Michael resigned 2025-12-17; BURNETT, Michael resigned 2025-12-17; ONG, Marcus Alexander, Dr resigned 2025-12-17
Group structure
Oneadvanced Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Oneadvanced Limited
Corporate parent · holds 75-100% shares · board control
⬇
PATCHS HEALTH LIMITED
This company · 09108913
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Oneadvanced Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/12/2025 |
2 historic (ceased) PSCs
- Marcus Alexander Ongceased 03/04/2024· 25-50% shares · 25-50% voting
- Daniel Alexander Spragueceased 03/04/2024· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Technology · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 108 AI LTD→ 15237275 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1709 PRODUCTIONS LIMITED→ 12987531 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 17I LTD→ 15191976 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1830 CREW LTD→ 15650590 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1T CONSULTANCY LTD→ 10210186 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 1TECHAI LTD→ 16481311 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 20 DOORS DOWN LTD→ 15126082 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2410 STUDIO LTD→ 15318704 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 247SNIP LTD→ 16804845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 28 STORIES LTD→ 16304091 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2INSIGHTS RESEARCH LTD.→ 12343120 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2M DIRECT LIMITED→ 04092139 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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
Incorporated2014-06-30
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
The Mailbox Level 3
101 Wharfside Street
Birmingham
B1 1RF
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30
Officers (2 active · 7 resigned)
DEWS, Stephen Eric→
Activedirector · ~51y · appointed 2025-12-17
View their other companies + combined net worth →
WALSH, Simon David→
Activedirector · ~55y · appointed 2025-12-17
View their other companies + combined net worth →
BRADY, Robert Michael→
Resigneddirector · ~70y · appointed 2024-04-03 · resigned 2025-12-17
BURNETT, Michael→
Resigneddirector · ~31y · appointed 2024-04-03 · resigned 2025-12-17
CONNOR, Sean Paul Michael William→
Resigneddirector · ~58y · appointed 2017-03-02 · resigned 2024-04-03
ONG, Marcus Alexander, Dr→
Resigneddirector · ~45y · appointed 2014-06-30 · resigned 2025-12-17
PHILLIPS, Joseph Anthony→
Resigneddirector · ~57y · appointed 2017-03-02 · resigned 2024-04-03
SANDERS, Jeremy Robin→
Resigneddirector · ~64y · appointed 2017-03-02 · resigned 2024-04-03
SPRAGUE, Daniel Alexander, Dr→
Resigneddirector · ~38y · appointed 2014-06-30 · resigned 2025-12-17
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Innovation Banking | A registered charge | — | 14/08/2024 | 05/11/2025 | |
| satisfied | Rocking Horse Solutions UK Rocking Horse Solutions UK Limited | A registered charge | 1 property | 02/02/2024 | 20/03/2024 | |
| satisfied | Fundsquire Fundsquire Limited | A registered charge | 1 property | 24/10/2022 | 29/11/2022 |
Recent filings (112 total)
resolution
resolution · RESOLUTIONS
2026-03-11
memorandum-articles
incorporation · MA
2026-03-11
resolution
resolution · RESOLUTIONS
2026-02-27
capital-name-of-class-of-shares
capital · SH08
2026-02-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-27
change-account-reference-date-company-current-shortened
accounts · AA01
2025-12-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-24
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-12-24
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
appoint-person-director-company-with-name-date
officers · AP01
2025-12-24
appoint-person-director-company-with-name-date
officers · AP01
2025-12-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-05