AUDEMIC LTD
💤Zombieactive
13873777 · ltd · incorporated 2022-01-26
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 Jan 2026
Net worth
£3.8k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), 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: 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 (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 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
60
Adequate — check latest filings for context.
Acquirability
55
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 £3,774
Key financials
1 year extracted from filed iXBRL accountsCash
£64k
Net Worth
£4k
Current Assets
£81k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-01-31 |
|---|---|
| Total assets | £3.8k |
| Current assets | £81.2k |
| Cash | £63.9k |
| Debtors | £17.3k |
| Net assets | £3.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
- • 2 accounts
Last 180 days
5
filings
- • 2 accounts
- • 2 miscellaneous
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-05-07📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2026-01-24📄legacymiscellaneous · RP01SH01
- 2026-01-24📄legacymiscellaneous · RP01SH01
- 2026-01-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-10📄capital-allotment-sharescapital · SH01
- 2025-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-04📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-02-04📄capital-allotment-sharescapital · SH01
- 2024-06-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-25📄capital-allotment-sharescapital · SH01
- 2024-05-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-04-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-13📄capital-allotment-sharescapital · SH01
- 2024-02-06📄capital-allotment-sharescapital · SH01
- 2023-10-10📄resolutionresolution · RESOLUTIONS
- 2023-10-10📄memorandum-articlesincorporation · MA
- 2023-04-05📄capital-allotment-sharescapital · SH01
- 2023-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-08📄resolutionresolution · RESOLUTIONS
- 2022-07-08📄resolutionresolution · RESOLUTIONS
- 2022-01-26🏢Company incorporatedAs AUDEMIC LTD
- 2022-01-26➕MITCHAM, Joshua James 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jose Manuel Rayo Cortes Individual · Spanish · DOB 12/1993 · age 33 | — | 25–50% | 25-50% voting | 26/01/2022 |
Mr Joshua James Mitcham Individual · British · DOB 11/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/01/2022 |
1 historic (ceased) PSC
- Mr Alejandro Garcia Garciaceased 03/04/2024· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · DH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMBITIOUS MOTION PICTURES LIMITED→ 06611934 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ANDY GREENWOOD FILM & TELEVISION SERVICES LTD→ 10516759 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| APPLIED CONNECTIONS LTD→ 07608503 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| APPLIFICATION LIMITED→ 06833042 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ARREBOL MEDIA LTD.→ 15271272 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASTRAL INSPECTIONS LTD→ 14694668 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AUDITMIND INTELLIGENCE LIMITED→ 17085435 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AVENTIS GROUP LTD→ 15127638 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AXETERA LIMITED→ 07169009 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AXIL LIMITED→ 06563165 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AYTBALL FILM LTD→ 16284324 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| B.S.A. PUBLICATIONS LIMITED→ 01245771 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
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
Incorporated2022-01-26
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
Salvus House
Aykley Heads
Durham
DH1 5TS
England
Filing status
Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25
Officers (1 active · 0 resigned)
MITCHAM, Joshua James→
Activedirector · ~35y · appointed 2022-01-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (31 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-11
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-04
legacy
miscellaneous · RP01SH01
2026-01-24
legacy
miscellaneous · RP01SH01
2026-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-14
capital-allotment-shares
capital · SH01
2025-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-02-04
capital-allotment-shares
capital · SH01
2025-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-26
capital-allotment-shares
capital · SH01
2024-06-25
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-09