PISYS.NET LIMITED

🌳Matureactive

SC266298 · ltd · incorporated 2004-04-13

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

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£167.9k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Information technology consultancy activities

Sector: Information & communication

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 22.0y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 22.0 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

11 officers (2 active, 11 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

2 connected companies via shared directors

Filing history

96 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £167,947

Cash YoY

+141%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£219k

↑ 141% YoY

Net Worth

£168k

↑ 23% YoY

Current Assets

£538k

↑ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£167.9k	£136.2k
Current assets	£537.8k	£484.1k
Cash	£219.3k	£91.0k
Debtors	£318.5k	£393.1k
Net assets	£167.9k	£136.2k

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

filing

• 1 mortgage

Last 90 days

filings

• 4 officers
• 1 mortgage
• 1 accounts

Last 180 days

filings

• 5 officers
• 1 mortgage
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2026-04-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
🔒
Charge registered #3
Lender: Time Invoice Finance Limited
2026-03-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-02-12
📄
second-filing-of-director-termination-with-name
officers · RP04TM01
2026-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
➕
MATTHEWS, David appointed
director
2025-12-09
➖
STROIA-MATTHEWS, Diana Sara resigned
director
2025-12-01
➖
MATTHEWS, David resigned
director
2025-10-13
📄
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2025-07-03
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-12-16
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-19
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2023-07-20
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-07-20
📄
legacy
accounts · PARENT_ACC
2023-07-20
📄
legacy
other · AGREEMENT2
2023-07-20
📄
legacy
other · GUARANTEE2
2022-12-07
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2022-07-13
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2022-07-13
📄
legacy
accounts · PARENT_ACC
2021-03-31
➖
FULFORD-BAIN, Jessica Nina resigned
secretary
2020-10-29
➕
MATTHEWS, David appointed
director
2020-10-29
➖
MERRICK, Richard John resigned
director
2020-10-29
➕
STROIA-MATTHEWS, Diana Sara appointed
director
2020-04-17
🔒
Charge registered #2
Lender: Santander UK PLC
2019-04-16
➖
BAIN, Steven Charles resigned
secretary
2019-04-16
➕
FULFORD-BAIN, Jessica Nina appointed
secretary
2012-03-01
➕
BAIN, Steven Charles appointed
secretary
2011-03-28
➖
ALLEN, Raymond resigned
director
2011-03-28
➖
HENDERSON, Peter Iain resigned
director
2009-05-19
🔓
Charge satisfied #1
2009-02-28
➖
HENDERSON, Peter Iain resigned
secretary
2007-11-12
➕
ALLEN, Raymond appointed
director
2007-11-12
➕
HENDERSON, Peter Iain appointed
director
2007-11-12
➖
PISYS LIMITED resigned
corporate-director
2006-12-01
➕
BAIN, Steven Charles appointed
director
2006-12-01
➕
MERRICK, Richard John appointed
director
2004-05-17
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-04-13
🏢
Company incorporated
As PISYS.NET LIMITED
2004-04-13
➕
HENDERSON, Peter Iain appointed
secretary
2004-04-13
➕
PISYS LIMITED appointed
corporate-director

Owner dependency

76/100

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.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

59/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 19 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MATTHEWS, David resigned 2025-12-01; STROIA-MATTHEWS, Diana Sara resigned 2025-12-09

Group structure

Cybersafeuk Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Cybersafeuk Ltd

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

ultimate parent

⬇

PISYS.NET LIMITED

This company · SC266298

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
Cybersafeuk Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	27/06/2025

3 historic (ceased) PSCs

Comcen Technology Ltdceased 27/06/2025· 75-100% shares
Mr Richard John Merrickceased 17/04/2020· 25-50% shares
Mr Stephen Charles Bainceased 17/04/2020· 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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PETER PARROT PRODUCTIONS LTD→ SC874111 · est 2026 · no financials extracted	—	—	—	—	—	—	—
PETROTECHNICAL DATA SYSTEMS SCOTLAND LIMITED→ SC616665 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
PHONE FIT LTD→ SC777105 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PINNACLE VISUALISATION LTD→ SC449973 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
PIRATE SCARLETT RECORDS LIMITED→ SC650150 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
PIXELIZE LABS LTD→ SC848990 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PIXELVIEW LIMITED→ SC796035 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2004-04-13

Jurisdictionscotland

Primary SIC62020 — Information technology consultancy activities

Registered office

15 Migvie Grove

Kingswells

Aberdeen

AB15 8GD

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-12-24

Last: 2025-12-10

Officers (2 active · 9 resigned)

BAIN, Steven Charles→

director · ~54y · appointed 2006-12-01

View their other companies + combined net worth →

Active

MATTHEWS, David→

director · ~59y · appointed 2025-12-11

View their other companies + combined net worth →

Active

BAIN, Steven Charles→

secretary · appointed 2012-03-01 · resigned 2019-04-16

Resigned

FULFORD-BAIN, Jessica Nina→

secretary · appointed 2019-04-16 · resigned 2021-03-31

Resigned

HENDERSON, Peter Iain→

secretary · appointed 2004-04-13 · resigned 2009-02-28

Resigned

ALLEN, Raymond→

director · ~64y · appointed 2007-11-12 · resigned 2011-03-28

Resigned

HENDERSON, Peter Iain→

director · ~63y · appointed 2007-11-12 · resigned 2011-03-28

Resigned

MATTHEWS, David→

director · ~59y · appointed 2020-10-29 · resigned 2025-12-01

Resigned

MERRICK, Richard John→

director · ~52y · appointed 2006-12-01 · resigned 2020-10-29

Resigned

STROIA-MATTHEWS, Diana Sara→

director · ~48y · appointed 2020-10-29 · resigned 2025-12-09

Resigned

PISYS LIMITED→

corporate-director · appointed 2004-04-13 · resigned 2007-11-12

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Time Invoice Finance Time Invoice Finance Limited	A registered charge	—	26/03/2026	—
outstanding	Santander Santander UK PLC	A registered charge	—	17/04/2020	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	17/05/2004	19/05/2009

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2026-04-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-27

appoint-person-director-company-with-name-date

officers · AP01

2026-03-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-04

termination-director-company-with-name-termination-date

officers · TM01

2026-03-04

second-filing-of-director-termination-with-name

officers · RP04TM01

2026-02-12

change-person-director-company-with-change-date

officers · CH01

2026-02-02

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-02

termination-director-company-with-name-termination-date

officers · TM01

2025-12-23

change-to-a-person-with-significant-control-without-name-date

persons-with-significant-control · PSC05

2025-10-13

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-07-03

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-07-02

accounts-with-accounts-type-small

accounts · AA

2025-06-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-16

change-person-director-company-with-change-date

officers · CH01

2024-12-16