9 SPOKES UK LIMITED

🌳Matureactive
09924541 · ltd · incorporated 2015-12-21
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
£-2.58M
book net assets
Opportunity
79/100
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 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: 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
9 officers (2 active, 9 linked, 9 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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
Negative net assets
Liabilities exceed assets by £2,576,537
Cash YoY
+227%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£171k
↑ 227% YoY
Net Worth
-£2.6m
~ YoY
Current Assets
£171k
↑ 54% YoY
Current Liabilities
-£2.6m-£2.0m-£1.5m-£935k-£382k£171kMar 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£-2.58M£-2.59M
Current assets£170.6k£110.9k
Cash£170.6k£52.2k
Debtors£58.7k
Net assets£-2.58M£-2.59M

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
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-01-27
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  9. 2023-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-01-01
    PHALEN, Kevin appointed
    director
  11. 2022-12-23
    RUHA, Shelley Maree appointed
    director
  12. 2022-12-23
    GRANT, Adrian David resigned
    director
  13. 2022-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-07-17
    REYNOLDS, Paul Joseph resigned
    director
  15. 2022-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-07-08
    GRANT, Adrian David appointed
    director
  19. 2022-07-08
    KINNEY, Maddison Margaret resigned
    director
  20. 2022-07-08
    MONTAGUE, Martin David resigned
    director
  21. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-02-17
    HOPKINS, Neil Muir resigned
    director
  26. 2022-02-17
    KINNEY, Maddison Margaret appointed
    director
  27. 2022-02-17
    MONTAGUE, Martin David appointed
    director
  28. 2021-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2020-10-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2020-09-03
    ESTALL, Mark Anthony resigned
    director
  31. 2017-04-03
    REYNOLDS, Paul Joseph appointed
    director
  32. 2016-03-31
    DANIEL, Sean Georges resigned
    director
  33. 2016-03-11
    DANIEL, Sean Georges appointed
    director
  34. 2015-12-21
    🏢
    Company incorporated
    As 9 SPOKES UK LIMITED
  35. 2015-12-21
    ESTALL, Mark Anthony appointed
    director
  36. 2015-12-21
    HOPKINS, Neil Muir 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 63 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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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
Incorporated2015-12-21
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

10 John Street
London
WC1N 2EB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (2 active · 7 resigned)

PHALEN, Kevin
director · ~63y · appointed 2023-01-01
View their other companies + combined net worth →
Active
RUHA, Shelley Maree
director · ~58y · appointed 2022-12-23
View their other companies + combined net worth →
Active
DANIEL, Sean Georges
director · ~55y · appointed 2016-03-11 · resigned 2016-03-31
Resigned
ESTALL, Mark Anthony
director · ~68y · appointed 2015-12-21 · resigned 2020-09-03
Resigned
GRANT, Adrian David
director · ~62y · appointed 2022-07-08 · resigned 2022-12-23
Resigned
HOPKINS, Neil Muir
director · ~66y · appointed 2015-12-21 · resigned 2022-02-17
Resigned
KINNEY, Maddison Margaret
director · ~32y · appointed 2022-02-17 · resigned 2022-07-08
Resigned
MONTAGUE, Martin David
director · ~44y · appointed 2022-02-17 · resigned 2022-07-08
Resigned
REYNOLDS, Paul Joseph
director · ~69y · appointed 2017-04-03 · resigned 2022-07-17
Resigned

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

Recent filings (39 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-09
appoint-person-director-company-with-name-date
officers · AP01
2023-02-21
appoint-person-director-company-with-name-date
officers · AP01
2023-02-21
termination-director-company-with-name-termination-date
officers · TM01
2023-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-27
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2023-01-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-27
termination-director-company-with-name-termination-date
officers · TM01
2022-10-14
termination-director-company-with-name-termination-date
officers · TM01
2022-07-11