APPLY GATEWAY LTD
🏛️Establishedactive
10988286 · ltd · incorporated 2017-09-29
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 Sept 2025
Net worth
£184.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (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
6 officers (3 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £184,049
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £147,482 YoY
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£184k
↓ 44% YoY
Current Assets
£1.4m
↑ 24% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £1.73M | £1.17M |
| Current assets | £1.44M | £1.16M |
| Net assets | £184.0k | £331.5k |
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 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-07📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-06📄capital-name-of-class-of-sharescapital · SH08
- 2021-10-06📄memorandum-articlesincorporation · MA
- 2021-10-06📄resolutionresolution · RESOLUTIONS
- 2021-10-06📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-09-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-09-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-09-23➕STARK, Ewan Douglas John appointeddirector
- 2021-09-23➖YANKUS, Willard Steitz resigneddirector
- 2021-09-22➖SLAVIN, Joseph resigneddirector
- 2019-11-19➖BRENDEL, Femke Marije resigneddirector
- 2019-11-19➕SLAVIN, Joseph appointeddirector
- 2018-08-14➕WARREN, Stephen appointeddirector
- 2018-08-14➕BRENDEL, Femke Marije appointeddirector
- 2018-08-14➕YANKUS, Willard Steitz appointeddirector
- 2017-09-29🏢Company incorporatedAs APPLY GATEWAY LTD
- 2017-09-29➕MADDOCKS, Rhys appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Internet Revenue Group Llc holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Internet Revenue Group Llc
Corporate parent · holds 25-50% shares
⬇
APPLY GATEWAY LTD
This company · 10988286
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Internet Revenue Group Llc Corporate entity | 25–50% | — | 25-50% shares | 01/02/2024 |
Mr Rhys Maddocks Individual · British · DOB 03/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/09/2017 |
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 →Similar companies
Active · Technology · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMBULANT SOLUTIONS LTD→ 16731377 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMES AI LIMITED→ 17071760 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANGDIM TECHNOLOGY LTD→ 13983357 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ANIMATION FOLK LIMITED→ 16984519 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APERTURETECH LTD→ 15488837 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| APEX SHIFT LTD→ 14633356 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APOLLO I.T. LTD→ 06948436 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARCADIAN DESIGN LIMITED→ 10630673 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ARENA ACADEMY CIC→ 17012146 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASSET DATA SOLUTIONS LTD→ 15753696 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASTROPANDA LTD→ 08132185 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ATHENEUM AI LTD→ 17082236 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2017-09-29
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Watcombe Priors Lodge
Teignmouth Road
Torquay
TQ1 4SQ
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18
Officers (3 active · 3 resigned)
MADDOCKS, Rhys→
Activedirector · ~51y · appointed 2017-09-29
View their other companies + combined net worth →
STARK, Ewan Douglas John→
Activedirector · ~57y · appointed 2021-09-23
View their other companies + combined net worth →
WARREN, Stephen→
Activedirector · ~54y · appointed 2018-08-14
View their other companies + combined net worth →
BRENDEL, Femke Marije→
Resigneddirector · ~54y · appointed 2018-08-14 · resigned 2019-11-19
SLAVIN, Joseph→
Resigneddirector · ~67y · appointed 2019-11-19 · resigned 2021-09-22
YANKUS, Willard Steitz→
Resigneddirector · ~53y · appointed 2018-08-14 · resigned 2021-09-23
Click a director name to see their full track record across all companies.
Recent filings (90 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-18
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-11-18
change-person-director-company-with-change-date
officers · CH01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-05