9MAG PROPULSION LTD
🏛️Establishedactive
11971912 · ltd · incorporated 2019-04-30
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 Jun 2025
Net worth
£-6.4k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (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
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
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £6,392
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£6k
↓ 20% YoY
Current Assets
£3k
↓ 29% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-5.5k | £-4.4k |
| Current assets | £3.0k | £4.2k |
| Net assets | £-6.4k | £-5.3k |
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
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
6
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-07📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-11-27📄capital-allotment-sharescapital · SH01
- 2019-11-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-30🏢Company incorporatedAs 9MAG PROPULSION LTD
- 2019-04-30➕GAADE, James Edward appointeddirector
- 2019-04-30➕GAADE, Naomi Ruth appointeddirector
- 2019-04-30📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Edward Gaade Individual · British · DOB 01/1971 · age 55 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 30/04/2019 |
Mrs Naomi Ruth Gaade Individual · British · DOB 10/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/04/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 4STAMP LIMITED→ 17040933 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4WI LIMITED→ 15436335 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 61 CONSULTANCY LIMITED→ 13723102 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 66B AT STRETTON LIMITED→ 16424665 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 6DEV LTD→ 17062358 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 7CS CULTURE CONSULTANCY LTD.→ 15535214 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 83 RIC’S PRECISION MANUFACTURING LTD→ 16157318 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 86 DEGREES CONSULTING LIMITED→ 12430410 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A & AP CONSULTANCY LIMITED→ 12416579 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A B MOUG LIMITED→ 10702105 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A.BLUNDELL (JEWEL BEARINGS) LIMITED→ 00525728 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| A1 BAILIFF SERVICES LTD.→ 04649846 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2019-04-30
Jurisdictionengland-wales
Primary SIC71122 — Engineering related scientific and technical consulting activities
Registered office
Weeamara Grove Park
Hampton On The Hill
Warwick
CV35 8QR
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-05-13
Last: 2026-04-29
Officers (2 active · 0 resigned)
GAADE, James Edward→
Activedirector · ~55y · appointed 2019-04-30
View their other companies + combined net worth →
GAADE, Naomi Ruth→
Activedirector · ~60y · appointed 2019-04-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16