JUSTEVAL LIMITED

⚰️Wound downdissolved
11260308 · ltd · incorporated 2018-03-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (58/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (18 events)Click to expand
  1. 2019-06-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2019-06-11
    🏁
    Company dissolved
  3. 2019-03-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2019-03-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-12-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2018-12-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2018-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2018-12-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2018-11-01
    RAMASWAMY, Subramanian resigned
    secretary
  10. 2018-11-01
    RAMASWAMY, Subramanian resigned
    director
  11. 2018-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2018-10-07
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-09-24
    SERUMADAR, Prabu appointed
    director
  14. 2018-03-23
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2018-03-16
    🏢
    Company incorporated
    As JUSTEVAL LIMITED
  16. 2018-03-16
    RAMASWAMY, Subramanian appointed
    secretary
  17. 2018-03-16
    RAMASWAMY, Subramanian appointed
    director
  18. 2018-03-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2019-06-11

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Prabu Serumadar
Individual · British · DOB 05/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/11/2018
1 historic (ceased) PSC
  • Mr Subramanian Ramaswamyceased 01/11/2018· 75-100% shares · 75-100% voting · board control

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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🔒Tailored diligence questions

8 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.

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🔒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.

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Company details

Statusdissolved
Typeltd
Incorporated2018-03-16
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

102 Cranbrook Road 2nd Floor
Ilford
IG1 4NH
United Kingdom

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

SERUMADAR, Prabu
director · ~54y · appointed 2018-09-24
View their other companies + combined net worth →
Active
RAMASWAMY, Subramanian
secretary · appointed 2018-03-16 · resigned 2018-11-01
Resigned
RAMASWAMY, Subramanian
director · ~60y · appointed 2018-03-16 · resigned 2018-11-01
Resigned

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

Recent filings (11 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2019-06-11
gazette-notice-voluntary
gazette · GAZ1(A)
2019-03-26
dissolution-application-strike-off-company
dissolution · DS01
2019-03-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-12-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-12-14
termination-director-company-with-name-termination-date
officers · TM01
2018-12-12
termination-secretary-company-with-name-termination-date
officers · TM02
2018-12-12
appoint-person-director-company-with-name-date
officers · AP01
2018-10-08
capital-allotment-shares
capital · SH01
2018-10-07
resolution
resolution · RESOLUTIONS
2018-03-23
incorporation-company
incorporation · NEWINC
2018-03-16