KONEXON LTD

🌳Matureactive
SC465547 · ltd · incorporated 2013-12-10
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 Dec 2024
Net worth
£28.9k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £28,949

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£29k
~ YoY
Current Assets
£74k
~ YoY
Current Liabilities
£0£15k£30k£45k£59k£74kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£30.8k£30.8k
Current assets£74.3k£74.3k
Net assets£28.9k£28.9k

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
1
filing
  • 1 gazette
Last 90 days
3
filings
  • 2 gazette
  • 1 accounts
Last 180 days
5
filings
  • 3 gazette
  • 1 accounts
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-02-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2026-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2025-12-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-12-08
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2023-11-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-03-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-03-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2022-03-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  16. 2022-03-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2021-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2014-04-07
    KHAN, Mohammad Kashif Ali appointed
    director
  22. 2013-12-10
    🏢
    Company incorporated
    As KONEXON LTD
  23. 2013-12-10
    FRAZ-KHAN, Sobia appointed
    director

Owner dependency

63/100
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.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

44/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-12-24

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Sobia Fraz-Khan
Individual · British · DOB 09/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Mohammad Kashif Ali Khan
Individual · British · DOB 05/1975 · age 51
2550%
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.

🔒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

7 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
Incorporated2013-12-10
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

28-30 North Street
Dalry
Ayrshire
KA24 5DW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2025-12-24OVERDUE
Last: 2024-12-10

Officers (2 active · 0 resigned)

FRAZ-KHAN, Sobia
director · ~48y · appointed 2013-12-10
View their other companies + combined net worth →
Active
KHAN, Mohammad Kashif Ali
director · ~51y · appointed 2014-04-07
View their other companies + combined net worth →
Active

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

Recent filings (48 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-12-08
gazette-notice-compulsory
gazette · GAZ1
2023-11-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-01
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24