UPSTREAM IT LIMITED

🌳Matureactive
SC311050 · ltd · incorporated 2006-10-27
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Computer facilities management activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. 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: medium (78/100)

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
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-22
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  7. 2021-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-04-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2014-03-18
    ➖
    BROWN, John Derek resigned
    secretary
  17. 2014-03-10
    ➕
    DODD, William appointed
    director
  18. 2014-03-10
    ➖
    DODD, Terrance William resigned
    director
  19. 2006-12-21
    ➕
    BROWN, John Derek appointed
    secretary
  20. 2006-12-21
    ➖
    CCW SECRETARIES LIMITED resigned
    corporate-secretary
  21. 2006-12-21
    ➖
    DODD, William Mitchell resigned
    director
  22. 2006-10-31
    ➕
    DODD, Terrance William appointed
    director
  23. 2006-10-27
    🏢
    Company incorporated
    As UPSTREAM IT LIMITED
  24. 2006-10-27
    ➕
    COWAN, Steven Ronald appointed
    director
  25. 2006-10-27
    ➕
    CCW SECRETARIES LIMITED appointed
    corporate-secretary
  26. 2006-10-27
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 2006-10-27
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  28. 2006-10-27
    ➕
    DODD, William Mitchell appointed
    director

Owner dependency

68/100
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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Steven Ronald Cowan
Individual · British · DOB 03/1978 · age 48
——sig. influencesignificant influence01/10/2016
Mr William Dodd
Individual · British · DOB 01/1969 · age 57
——sig. influencesignificant influence01/10/2016

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 →

Similar companies

Active · Technology · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BITWISE LIMITED→
SC107588 · est 1987
£8.27M
£5.90M–£10.63M
——40038y8369y
SRS TELECOM LIMITED→
SC155323 · est 1995
£101.0k
£72.1k–£129.9k
——031y8363y
FORTH TECH LIMITED→
SC219483 · est 2001
——£27.6k—25y8366y
SUPPLY DESIGN LIMITED→
SC222485 · est 2001
———1724y8363y
AQUARIUS CONTACT CENTRES LIMITED→
SC367855 · est 2009
——£180.3k—16y8277y
INTERNET CREATION LTD.→
SC235322 · est 2002
——£9.8k—23y8259y
M4PROJECTS LTD.→
SC353186 · est 2009
——£14.8k—17y8262y
NUVIDEO (2014) LIMITED→
SC240015 · est 2002
————23y8263y
SCOTHOSTS LIMITED→
SC208736 · est 2000
——£8.8k—25y8266y
SOLUTIONS DEVELOPED LIMITED→
SC337953 · est 2008
———40018y8268y
AV DEPARTMENT LIMITED→
SC293624 · est 2005
——£58.3k—20y8160y
EDINBURGH TELEMEDICINE SOLUTIONS LTD.→
SC182016 · est 1998
———028y8164y
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
Incorporated2006-10-27
Jurisdictionscotland
Primary SIC62030 — Computer facilities management activities

Registered office

Crescent House
Enterprise Way
Dunfermline
KY11 8GR
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (2 active · 5 resigned)

COWAN, Steven Ronald→
director · ~48y · appointed 2006-10-27
View their other companies + combined net worth →
Active
DODD, William→
director · ~57y · appointed 2014-03-10
View their other companies + combined net worth →
Active
BROWN, John Derek→
secretary · appointed 2006-12-21 · resigned 2014-03-18
Resigned
CCW SECRETARIES LIMITED→
corporate-secretary · appointed 2006-10-27 · resigned 2006-12-21
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2006-10-27 · resigned 2006-10-27
Resigned
DODD, Terrance William→
director · ~77y · appointed 2006-10-31 · resigned 2014-03-10
Resigned
DODD, William Mitchell→
director · ~57y · appointed 2006-10-27 · resigned 2006-12-21
Resigned

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

Recent filings (64 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-27
change-sail-address-company-with-old-address-new-address
address · AD02
2021-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-28