PELION IOT LIMITED

🌳Matureactive

SC211701 · ltd · incorporated 2000-10-05

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 23.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Wireless telecommunications activities

Sector: Information & communication

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.4y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 23.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (60/100)

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

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

26 officers (6 active, 26 linked, 22 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

9 connected companies via shared directors

Filing history

158 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (72 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-11
📄
accounts-with-accounts-type-full
accounts · AA
2024-06-14
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-05-14
➕
BARCLAY, Lorna appointed
secretary
2024-03-05
📄
accounts-with-accounts-type-full
accounts · AA
2024-01-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
ANKERS, Timothy James resigned
director
2023-08-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-06
📄
accounts-with-accounts-type-full
accounts · AA
2022-11-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-01
➕
TAYLOR, Andrew George appointed
director
2022-10-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-08
➕
DAVISON, Andrew Peter appointed
director
2022-10-08
➕
STRACHAN, Niall Graham appointed
director
2022-10-08
➕
TAIT, Alan appointed
director
2022-10-08
➕
WEIDNER, David Andrew appointed
director
2022-10-08
➕
ANKERS, Timothy James appointed
director
2022-10-08
➖
FORTMULLER, Alexander Richard resigned
director
2022-10-08
➖
MUKKAMALA, Himagiri Kumar resigned
director
2022-10-08
➖
WESTHEAD, Adam David resigned
director
2022-10-05
📄
capital-allotment-shares
capital · SH01
2022-06-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-28
🔓
Charge satisfied #2
2022-03-23
➕
FORTMULLER, Alexander Richard appointed
director
2022-03-23
➖
NARASIMHAN, Glordiola resigned
director
2022-03-23
➕
WESTHEAD, Adam David appointed
director
2021-11-30
➖
KORSTANJE, Vincent resigned
director
2021-11-30
➕
NARASIMHAN, Glordiola appointed
director
2021-11-30
➖
PATEL, Dipesh Ishwerbhai resigned
director
2021-11-30
➖
RAJAH, Anna-Marie resigned
director
2021-11-30
➖
ROSE, Zoe Ariadne Helen Sinead Begg resigned
director
2020-10-02
➖
BUDD, Graham Stephen resigned
director
2020-10-02
➕
MUKKAMALA, Himagiri Kumar appointed
director
2020-10-02
➕
PATEL, Dipesh Ishwerbhai appointed
director
2020-10-02
➕
RAJAH, Anna-Marie appointed
director
2020-10-02
➕
ROSE, Zoe Ariadne Helen Sinead Begg appointed
director
2020-10-02
➖
SLORACH, Craig George resigned
director
2020-03-31
➕
KORSTANJE, Vincent appointed
director
2020-03-31
➖
PORTHOUSE, Christopher Frederick resigned
director
2019-09-01
➕
SLORACH, Craig George appointed
director

Showing most recent 50 of 72 events

Owner dependency

48/100

Moderate — manageable with handover

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Tennant Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Tennant Bidco Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

PELION IOT LIMITED

This company · SC211701

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Tennant Bidco Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	08/10/2022

4 historic (ceased) PSCs

Softbank Group Capital Limitedceased 08/10/2022· 75-100% shares · 75-100% voting · board control
Arm Limitedceased 15/02/2022· significant influence
Mr Nigel Andrew Chadwickceased 01/06/2018· 25-50% shares
Mr Kevin Mcdowallceased 01/06/2018· 25-50% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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.

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Company details

Statusactive

Typeltd

Incorporated2000-10-05

Jurisdictionscotland

Primary SIC61200 — Wireless telecommunications activities

Registered office

319 St. Vincent Street

Glasgow

G2 5LD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-06

Last: 2025-09-22