SOFTAWARE (SCOTLAND) LIMITED

🌳Matureactive
SC272281 · ltd · incorporated 2004-08-23
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (76/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees2200

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-07-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-07-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-11-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-11-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2004-08-30
    ➕
    SCHOFIELD, Helen appointed
    secretary
  19. 2004-08-30
    ➕
    SCHOFIELD, Andrew appointed
    director
  20. 2004-08-30
    ➕
    SCHOFIELD, Helen appointed
    director
  21. 2004-08-23
    🏢
    Company incorporated
    As SOFTAWARE (SCOTLAND) LIMITED
  22. 2004-08-23
    ➕
    HCS SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  23. 2004-08-23
    ➖
    HCS SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  24. 2004-08-23
    ➕
    HANOVER DIRECTORS LIMITED appointed
    corporate-nominee-director
  25. 2004-08-23
    ➖
    HANOVER DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Helen Catherine Schofield
Individual · British · DOB 09/1966 · age 60
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Andrew Michael Schofield
Individual · British · DOB 05/1965 · age 61
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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
Incorporated2004-08-23
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

Appletreehall House
Appletreehall
Hawick
TD9 8PW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (3 active · 2 resigned)

SCHOFIELD, Helen→
secretary · appointed 2004-08-30
View their other companies + combined net worth →
Active
SCHOFIELD, Andrew→
director · ~62y · appointed 2004-08-30
View their other companies + combined net worth →
Active
SCHOFIELD, Helen→
director · ~60y · appointed 2004-08-30
View their other companies + combined net worth →
Active
HCS SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 2004-08-23 · resigned 2004-08-23
Resigned
HANOVER DIRECTORS LIMITED→
corporate-nominee-director · appointed 2004-08-23 · resigned 2004-08-23
Resigned

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

Recent filings (63 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
gazette-notice-compulsory
gazette · GAZ1
2024-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-11