AI RACE SUMMARIES LTD

🌿Early-stageactive
14975063 · ltd · incorporated 2023-07-03
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 Apr 2026
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. 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: strategic trade sale (73/100).

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-04-01
Average employees0

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Last 180 days
5
filings
  • 3 accounts
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-07-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-07-11
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2026-04-01
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2026-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-07-03
    🏢
    Company incorporated
    As AI RACE SUMMARIES LTD
  13. 2023-07-03
    PIERCE, Michael Lee appointed
    director
  14. 2023-07-03
    POLLARD, Michael appointed
    director
  15. 2023-07-03
    SIMNOR, Richard Huw appointed
    director
  16. 2023-07-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-16

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Lee Pierce
Individual · British · DOB 12/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/07/2023
Mr Michael Pollard
Individual · British · DOB 03/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/07/2023
Mr Richard Huw Simnor
Individual · British · DOB 10/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/07/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2023-07-03
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

Williams And Co 8/10
South Street
Epsom
KT18 7PF
England

Filing status

Accounts
Next due: 2028-01-01
Last made up to: 2026-04-01
Confirmation statement
Next due: 2026-07-16OVERDUE
Last: 2025-07-02

Officers (3 active · 0 resigned)

PIERCE, Michael Lee
director · ~37y · appointed 2023-07-03
View their other companies + combined net worth →
Active
POLLARD, Michael
director · ~53y · appointed 2023-07-03
View their other companies + combined net worth →
Active
SIMNOR, Richard Huw
director · ~45y · appointed 2023-07-03
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-21
dissolution-application-strike-off-company
dissolution · DS01
2026-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
change-person-director-company-with-change-date
officers · CH01
2023-07-10
change-person-director-company-with-change-date
officers · CH01
2023-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-10
incorporation-company
incorporation · NEWINC
2023-07-03