ALGONEST LTD

🌱Startupactive
16293904 · ltd · incorporated 2025-03-05
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62090Other information technology service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 address
  • 1 persons-with-significant-control
Last 180 days
5
filings
  • 2 address
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-03-30
    AZIZ, Aamir Waqar appointed
    director
  5. 2026-03-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-03-05
    🏢
    Company incorporated
    As ALGONEST LTD
  7. 2025-03-05
    RIASAT, Muhammad Adeel appointed
    director
  8. 2025-03-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 1.4 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Muhammad Adeel Riasat
Individual · Pakistani · DOB 02/1996 · age 30
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/03/2025

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

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2025-03-05
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

106 Coronation Road
Hayes
UB3 4JU
England

Filing status

Accounts
Next due: 2026-12-05
Last made up to:
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (2 active · 0 resigned)

AZIZ, Aamir Waqar
director · ~40y · appointed 2026-03-30
View their other companies + combined net worth →
Active
RIASAT, Muhammad Adeel
director · ~30y · appointed 2025-03-05
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-22
appoint-person-director-company-with-name-date
officers · AP01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-29
incorporation-company
incorporation · NEWINC
2025-03-05