COAD SYSTEMS LIMITED
🌳Matureactive
SC348910 · ltd · incorporated 2008-09-22
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 Sept 2024
Net worth
£153.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
PursueAsset-holding vehicle with a 61-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £153,479
Net assets shrinking
Down £72,562 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£153k
↓ 32% YoY
Current Assets
£203k
↓ 24% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £153.5k | £226.0k |
| Current assets | £203.0k | £268.0k |
| Net assets | £153.5k | £226.0k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-10-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-10-01➕OWENS, Kelly Ann appointeddirector
- 2008-09-22🏢Company incorporatedAs COAD SYSTEMS LIMITED
- 2008-09-22➕OWENS, Kelly appointedsecretary
- 2008-09-22➕COAD, Billy appointeddirector
Owner dependency
91/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "COAD" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Kelly Ann Owens Individual · Scottish · DOB 08/1965 · age 61 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest | 01/07/2016 |
Mr Billy Coad Individual · Irish · DOB 04/1968 · age 58 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COLIEDOUS STRATEGY LTD→ SC881011 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COMPANY RADAR (AI) LTD→ SC825272 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COMPUTE THING LIMITED→ SC503443 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| COMPUTERCRAFT ADVANCED TECHNOLOGY LIMITED→ SC128229 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| CONFIDENT IN YOU LTD→ SC509079 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CONNECTING MEDIA GROUP LTD→ SC701778 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CONNECTPROIT LTD→ SC877753 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CONNEK2 LIMITED→ SC836905 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CONSALIS LTD→ SC408519 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CONSENSUS ONE LTD→ SC790748 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CONSIDER IT LIMITED→ SC320341 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CONSULTANCY AND FINANCE SERVICES LIMITED→ SC796710 · 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
Incorporated2008-09-22
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities
Registered office
1/1 Ascot, Gracefield Court
Musselburgh
East Lothian
EH21 6LL
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (3 active · 0 resigned)
Active
Active
OWENS, Kelly Ann→
Activedirector · ~61y · appointed 2009-10-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-24