APP TECH DEVELOPMENT LIMITED
💤Zombieactive
10174308 · ltd · incorporated 2016-05-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£248.0k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Ready-made interactive leisure and entertainment software development
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle 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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -79% YoY — forensic review of receivables, stock turns, and creditor days. 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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £247,965
Cash draining
Cash down 79% YoY
Cash YoY
-79%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↓ 79% YoY
Net Worth
£248k
↑ 113% YoY
Current Assets
£2.2m
↑ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £258.2k | £124.2k |
| Current assets | £2.19M | £1.66M |
| Cash | £11.0k | £52.5k |
| Debtors | £2.18M | £1.61M |
| Net assets | £248.0k | £116.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-01➕MESSINA, Lee Anton appointeddirector
- 2025-06-30➖WESTLEY, Hannah resigneddirector
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-10-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-15📄elect-to-keep-the-secretaries-register-information-on-the-public-registerofficers · EH03
- 2019-01-15📄elect-to-keep-the-directors-residential-address-register-information-on-the-public-registerofficers · EH02
- 2019-01-15📄elect-to-keep-the-directors-register-information-on-the-public-registerofficers · EH01
- 2017-03-10➖SKELHORN, Leonard Michael resigneddirector
- 2017-03-08➕WESTLEY, Hannah appointeddirector
- 2016-08-10➖WESTLEY, Hannah resigneddirector
- 2016-08-09➕SKELHORN, Leonard Michael appointeddirector
- 2016-05-11🏢Company incorporatedAs APP TECH DEVELOPMENT LIMITED
- 2016-05-11➕WESTLEY, Hannah appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Mark Oliver Skelhorn Individual · British · DOB 04/1980 · age 46 | — | — | sig. influencesignificant influence · firm interest | 29/10/2019 |
2 historic (ceased) PSCs
- Mr Richard Mark Oliver Skelhornceased 21/10/2019· 75-100% shares · 75-100% voting · firm interest
- Ms Hannah Westleyceased 12/03/2018· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| ANDRO IT LIMITED→ 16931666 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGLIA COMPUTER SOLUTIONS BUSINESS LIMITED→ 09865554 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANOKHI LIMITED→ 03953611 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ANS LINE LTD→ 16233962 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANTICIPATORY HEALTH LIMITED→ 08970066 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| APEXVERSE LTD→ 16797916 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APIS FILMS LIMITED→ 03882944 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| APPLIED GENOMICS LTD→ 09180742 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2016-05-11
Jurisdictionengland-wales
Primary SIC62011 — Ready-made interactive leisure and entertainment software development
Registered office
C/O Glx
Thorpe Road
Norwich
NR1 1UA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-25
Last: 2026-05-11
Officers (1 active · 3 resigned)
MESSINA, Lee Anton→
Activedirector · ~44y · appointed 2025-07-01
View their other companies + combined net worth →
SKELHORN, Leonard Michael→
Resigneddirector · ~81y · appointed 2016-08-09 · resigned 2017-03-10
WESTLEY, Hannah→
Resigneddirector · ~50y · appointed 2017-03-08 · resigned 2025-06-30
WESTLEY, Hannah→
Resigneddirector · ~50y · appointed 2016-05-11 · resigned 2016-08-10
Click a director name to see their full track record across all companies.
Recent filings (40 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-11
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
appoint-person-director-company-with-name-date
officers · AP01
2025-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-15