ADDRESS LOGIC LTD

🌳Matureactive
09662435 · ltd · incorporated 2015-06-30
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
£2.1k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (73/100).

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,138
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
~ YoY
Net Worth
£2k
~ YoY
Current Assets
£4k
~ YoY
Current Liabilities
—
£0£849£2k£3k£3k£4kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£2.1k£2.1k
Current assets£4.2k£4.2k
Cash£4.1k£4.1k
Debtors£144£144
Net assets£2.1k£2.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-01
    ➖
    SPINK, Harry resigned
    director
  5. 2025-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-04-01
    ➕
    SPINK, Harry appointed
    director
  11. 2022-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2022-01-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-03-07
    ➖
    CHEOW, Rudi Weng Ho resigned
    director
  21. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2015-06-30
    🏢
    Company incorporated
    As ADDRESS LOGIC LTD
  23. 2015-06-30
    ➕
    ELDRIDGE, Milton Jason appointed
    director
  24. 2015-06-30
    ➕
    IVES, Richard George appointed
    director
  25. 2015-06-30
    ➕
    CHEOW, Rudi Weng Ho appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Milton Jason Eldridge
Individual · British · DOB 05/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting13/06/2016
Mr Richard George Ives
Individual · British · DOB 03/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting13/06/2016
1 historic (ceased) PSC
  • Mr Rudi Weng Ho Cheowceased 17/03/2019· 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 →

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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
Incorporated2015-06-30
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Finsbury House
New Street
Chipping Norton
Oxfordshire
OX7 5LL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (2 active · 2 resigned)

ELDRIDGE, Milton Jason→
director · ~59y · appointed 2015-06-30
View their other companies + combined net worth →
Active
IVES, Richard George→
director · ~58y · appointed 2015-06-30
View their other companies + combined net worth →
Active
CHEOW, Rudi Weng Ho→
director · ~45y · appointed 2015-06-30 · resigned 2019-03-07
Resigned
SPINK, Harry→
director · ~36y · appointed 2022-04-01 · resigned 2025-11-01
Resigned

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

Recent filings (37 total)

change-person-director-company-with-change-date
officers · CH01
2025-11-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-14
termination-director-company-with-name-termination-date
officers · TM01
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
appoint-person-director-company-with-name-date
officers · AP01
2022-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-13