AI APPLICATION TECHNOLOGIES LTD
💤Zombieactive
13443388 · ltd · incorporated 2021-06-07
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 Jun 2025
Net worth
£3.5k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
- 62030Computer facilities management activities
- 62090Other information technology service activities
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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, 3 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 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 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
55
Some acquirability indicators.
Risk profile
82
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 £3,474
Net assets shrinking
Down £19,348,946 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£3k
↓ 100% YoY
Current Assets
£283k
↓ 97% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £200.9k | £20.08M |
| Current assets | £282.9k | £8.47M |
| Cash | — | £498.5k |
| Debtors | — | £39.8k |
| Net assets | £3.5k | £19.35M |
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
5
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 accounts
Last 180 days
6
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-04-16➖SMITH, Chad Michael Ben resigneddirector
- 2026-01-01➕WILLIAMS, Devlin Aaron appointeddirector
- 2025-11-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-22➖FATIMAH, Ahmed resigneddirector
- 2024-11-22➕SMITH, Chad Michael Ben appointeddirector
- 2024-11-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-28➕FATIMAH, Ahmed appointeddirector
- 2024-08-07📄legacymiscellaneous · ANNOTATION
- 2024-08-07📄legacymiscellaneous · ANNOTATION
- 2024-08-07📄legacymiscellaneous · ANNOTATION
- 2024-04-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-03📍default-companies-house-registered-office-address-appliedaddress · RP05
- 2023-10-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-19➖LUKWAGO, Benonzi resigneddirector
- 2021-06-07🏢Company incorporatedAs AI APPLICATION TECHNOLOGIES LTD
- 2021-06-07➕LUKWAGO, Benonzi 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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Devlin Aaron Williams Individual · British · DOB 12/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/01/2026 |
3 historic (ceased) PSCs
- Mr Chad Michael Ben Smithceased 16/04/2026· 75-100% shares · 75-100% voting
- Mrs Ahmed Fatimahceased 22/11/2024· 75-100% shares · 75-100% voting · board control · significant influence · trust interest
- Mr Benonzi Lukwagoceased 17/10/2023· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADITI CONSULTING LIMITED→ 07576682 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AFTER MAGHRIB MEDIA GROUP LIMITED→ 15105580 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIDAN ZAMIRI LIMITED→ 15782572 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIDE HEALTH LIMITED→ 13126170 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AIDREAMER.AI LTD→ 16441004 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIGENCY GLOBAL LTD→ 16473477 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AINT THAT GRAPHICS LTD→ 16304165 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRMAGEDDON PRODUCTIONS LTD→ 09744790 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AIVOY LTD→ 15289277 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIX AUTOMATIONS LIMITED→ 16459431 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJ MEDIA PRODUCTIONS LIMITED→ 12267605 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJKELLER LIMITED→ 11187624 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2021-06-07
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Office 5 56 - 58 High Street
Harlesden
London
NW10 4LP
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28
Officers (1 active · 3 resigned)
WILLIAMS, Devlin Aaron→
Activedirector · ~43y · appointed 2026-01-01
View their other companies + combined net worth →
FATIMAH, Ahmed→
Resigneddirector · ~67y · appointed 2024-08-28 · resigned 2024-11-22
LUKWAGO, Benonzi→
Resigneddirector · ~69y · appointed 2021-06-07 · resigned 2023-09-19
SMITH, Chad Michael Ben→
Resigneddirector · ~51y · appointed 2024-11-22 · resigned 2026-04-16
Click a director name to see their full track record across all companies.
Recent filings (34 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-29
appoint-person-director-company-with-name-date
officers · AP01
2026-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-28
termination-director-company-with-name-termination-date
officers · TM01
2024-12-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-28
appoint-person-director-company-with-name-date
officers · AP01
2024-11-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-22
appoint-person-director-company-with-name-date
officers · AP01
2024-08-31