CHRONOWORKS LTD
🌳Matureactive
10105225 · ltd · incorporated 2016-04-06
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 Apr 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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: strategic trade sale (65/100).
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-01-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-04-06🏢Company incorporatedAs CHRONOWORKS LTD
- 2016-04-06➕GREENHOUGH, Adam John Thomas appointeddirector
- 2016-04-06➕QUAYLE, Nicholas Paul appointeddirector
- 2016-04-06📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
41/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas Paul Quayle Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Adam John Thomas Greenhough Individual · British · DOB 05/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| BUZZ . COMPUTING LIMITED→ 03940505 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| CALDER COMPUTER SERVICES LIMITED→ 04795595 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| CAN CAN HOOPS THREE LIMITED→ 16960568 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CAN CAN HOOPS TWO LIMITED→ 16130519 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CANCAN HOOPS LTD→ 14121354 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CANCAN PRODUCTIONS LIMITED→ 06550433 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| CARTER AND JACKSON LIMITED→ 04252220 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CARYSFORTH CONSULTING LIMITED→ 11210068 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CASS COMPUTERS LIMITED→ 11858004 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CAVADA LTD→ 06349496 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CHICKPEA PRODUCTIONS LTD→ 13489524 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CIRCLE OF CHANGE PRODUCTIONS LTD→ 15453598 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2016-04-06
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
40 Cheltenham Place
Halifax
HX3 0AW
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30
Officers (2 active · 0 resigned)
GREENHOUGH, Adam John Thomas→
Activedirector · ~42y · appointed 2016-04-06
View their other companies + combined net worth →
QUAYLE, Nicholas Paul→
Activedirector · ~38y · appointed 2016-04-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-dormant
accounts · AA
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-dormant
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-dormant
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-07
accounts-with-accounts-type-dormant
accounts · AA
2023-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-15
accounts-with-accounts-type-dormant
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28
accounts-with-accounts-type-dormant
accounts · AA
2021-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-08
accounts-with-accounts-type-dormant
accounts · AA
2020-02-12