APPY DEVELOPMENT LTD

🏛️Establishedactive
13118893 · ltd · incorporated 2021-01-07
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 Jan 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 46170
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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
10 officers (3 active, 10 linked, 10 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-03-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-03-07
    WALSH, Kathryn Marie resigned
    director
  6. 2024-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-09-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-09-20
    BODEN, Patrick Rodney appointed
    director
  10. 2024-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-09-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2024-09-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-09-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-09-10
    WALSH, Kathryn Marie appointed
    director
  16. 2024-09-01
    BODEN, Patrick Rodney resigned
    director
  17. 2024-01-10
    ODDIE, Patrick Michael resigned
    director
  18. 2024-01-10
    WAKEFIELD, Kevin Derek Tommy resigned
    director
  19. 2024-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2024-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2023-07-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2023-04-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2023-04-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-04-14
    KEMPTHORNE-LEY-EDWARDS, Matthew appointed
    director
  27. 2023-04-14
    PATEL, Hasmukhlal Kanjibhai appointed
    director
  28. 2023-04-14
    ODDIE, Patrick Michael appointed
    director
  29. 2023-04-14
    SUGDON, John appointed
    director
  30. 2023-04-14
    SUGDON, John resigned
    director
  31. 2023-04-14
    WAKEFIELD, Kevin Derek Tommy appointed
    director
  32. 2023-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  33. 2023-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  34. 2023-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2023-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  36. 2022-10-21
    BODEN, Paula Anne resigned
    director
  37. 2021-10-22
    BODEN, Paula Anne appointed
    director
  38. 2021-10-22
    GENDERS, Paul Robert resigned
    director
  39. 2021-01-07
    🏢
    Company incorporated
    As APPY DEVELOPMENT LTD
  40. 2021-01-07
    BODEN, Patrick Rodney appointed
    director
  41. 2021-01-07
    GENDERS, Paul Robert appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-20

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Patrick Rodney Boden
Individual · British · DOB 08/1942 · age 84
board controlboard control · trust interest · firm interest20/09/2024
Mr Hasmukhlal Kanjibhai Patel
Individual · British · DOB 03/1962 · age 64
sig. influencesignificant influence01/09/2024
3 historic (ceased) PSCs
  • Miss Paula Anne Bodenceased 21/10/2022· significant influence · trust interest · firm interest
  • Mr Patrick Rodney Bodenceased 01/09/2024· 25-50% shares · 25-50% voting · board control
  • Mr Paul Robert Gendersceased 22/10/2021· 25-50% shares · 25-50% voting

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒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.

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
Incorporated2021-01-07
Jurisdictionengland-wales
Primary SIC46170 — SIC 46170

Registered office

27 Bassingfield Lane
Gamston
Nottingham
NG2 6NL
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-01-20OVERDUE
Last: 2025-01-06

Officers (3 active · 7 resigned)

BODEN, Patrick Rodney
director · ~84y · appointed 2024-09-20
View their other companies + combined net worth →
Active
KEMPTHORNE-LEY-EDWARDS, Matthew
director · ~58y · appointed 2023-04-14
View their other companies + combined net worth →
Active
PATEL, Hasmukhlal Kanjibhai
director · ~64y · appointed 2023-04-14
View their other companies + combined net worth →
Active
BODEN, Patrick Rodney
director · ~84y · appointed 2021-01-07 · resigned 2024-09-01
Resigned
BODEN, Paula Anne
director · ~61y · appointed 2021-10-22 · resigned 2022-10-21
Resigned
GENDERS, Paul Robert
director · ~60y · appointed 2021-01-07 · resigned 2021-10-22
Resigned
ODDIE, Patrick Michael
director · ~68y · appointed 2023-04-14 · resigned 2024-01-10
Resigned
SUGDON, John
director · ~67y · appointed 2023-04-14 · resigned 2023-04-14
Resigned
WAKEFIELD, Kevin Derek Tommy
director · ~62y · appointed 2023-04-14 · resigned 2024-01-10
Resigned
WALSH, Kathryn Marie
director · ~44y · appointed 2024-09-10 · resigned 2025-03-07
Resigned

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

Recent filings (41 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-27
change-person-director-company-with-change-date
officers · CH01
2025-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
termination-director-company-with-name-termination-date
officers · TM01
2025-03-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-10
accounts-with-accounts-type-dormant
accounts · AA
2024-11-01
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-17
appoint-person-director-company-with-name-date
officers · AP01
2024-09-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-17
termination-director-company-with-name-termination-date
officers · TM01
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10