APICALLITY LIMITED

⚰️Wound downdissolved
09616874 · ltd · incorporated 2015-06-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Average employees00

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
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 2 gazette
Last 180 days
3
filings
  • 2 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-07-14
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-07-14
    🏁
    Company dissolved
  3. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-04-17
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-03-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-30
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-07-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-06-01
    🏢
    Company incorporated
    As APICALLITY LIMITED
  17. 2015-06-01
    TSANGIDIS, Michail appointed
    director
  18. 2015-06-01
    📄
    incorporation-company
    incorporation · NEWINC

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 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
Moderate signal

Some 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-07-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michail Tsangidis
Individual · Greek · DOB 04/1972 · age 54
75100%
75-100% shares06/04/2016

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

8 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

Statusdissolved
Typeltd
Incorporated2015-06-01
Jurisdictionengland-wales
Primary SIC72190 — Other research and experimental development on natural sciences and engineering

Registered office

5 Robin Hood Lane
Sutton
Surrey
SM1 2SW
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2024-06-30
Confirmation statement
Next due:
Last: 2025-06-01

Officers (0 active · 0 resigned)

TSANGIDIS, Michail
director · ~54y · appointed 2015-06-01
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-07-14
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-dormant
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-dormant
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-dormant
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-dormant
accounts · AA
2022-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-15