APPFORGE.UK LTD
🌿Early-stageactive
14175234 · ltd · incorporated 2022-06-15
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-17.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other software publishing
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
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
3 connected companies via shared directors
54
Filing history
13 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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 £17,924
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£18k
↓ 2.9% YoY
Current Assets
£76
~ 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 | £-10.9k | £-10.4k |
| Current assets | £76 | £76 |
| Net assets | £-17.9k | £-17.4k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-21📄capital-allotment-sharescapital · SH01
- 2022-07-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-14➕CHAPMAN, Roger Allan appointeddirector
- 2022-06-15🏢Company incorporatedAs APPFORGE.UK LTD
- 2022-06-15➕COUSINS, Darren Leslie appointeddirector
- 2022-06-15📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 Roger Allan Chapman Individual · British · DOB 04/1960 · age 66 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/07/2022 |
Mr Darren Leslie Cousins Individual · British · DOB 02/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/06/2022 |
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 →Similar companies
Active · Technology · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANNALS OF BOTANY COMPANY→ 00078001 · est 1903 · no financials extracted | — | — | — | — | 122y | — | — |
| ARGRAFF LTD→ 05031998 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ARIAN HAPUS LIMITED→ 14054424 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARNEURA LIMITED→ 14842761 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ART-ICULATE (SHROPSHIRE) LTD→ 10537508 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ARTIFICIAL INTELLIGENCE CONSULTANTS LTD→ 15659215 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASCEND TECHNOLOGY SOLUTIONS LTD→ 14122794 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASHBRIDGE-LAW LIMITED→ 16144850 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AT THE ELBOW LTD→ 16423681 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATEBOL CYFYNGEDIG→ 04660521 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ATTICA PUBLISHING LTD→ 12991498 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATTICA RECORDS LIMITED→ 04817554 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated2022-06-15
Jurisdictionengland-wales
Primary SIC58290 — Other software publishing
Registered office
Ironmaster House
37 Wyle Cop
Shrewsbury
Shropshire
SY1 1XF
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (2 active · 0 resigned)
CHAPMAN, Roger Allan→
Activedirector · ~66y · appointed 2022-07-14
View their other companies + combined net worth →
COUSINS, Darren Leslie→
Activedirector · ~54y · appointed 2022-06-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2023-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-06
capital-allotment-shares
capital · SH01
2022-07-21
appoint-person-director-company-with-name-date
officers · AP01
2022-07-21
incorporation-company
incorporation · NEWINC
2022-06-15