CHELLEX LTD

🏛️Establishedactive
SC535034 · ltd · incorporated 2016-05-10
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 May 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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: share sale to pe / searcher (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
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
1 connected companies via shared directors
48
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees300200

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-05
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2024-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-08-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2020-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-05-10
    🏢
    Company incorporated
    As CHELLEX LTD
  16. 2016-05-10
    ➕
    RUSSELL, Alex Thomas appointed
    secretary
  17. 2016-05-10
    ➕
    RUSSELL, Alex Thomas appointed
    director
  18. 2016-05-10
    ➕
    RUSSELL, Michelle Christine appointed
    director
  19. 2016-05-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

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

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.

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 Alex Thomas Russell
Individual · British · DOB 04/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting10/05/2016
Mrs Michelle Christine Russell
Individual · British · DOB 01/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting10/05/2016

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

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
Incorporated2016-05-10
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

13 Lochty Drive
Kinglassie
Fife
KY5 0YW
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09

Officers (3 active · 0 resigned)

RUSSELL, Alex Thomas→
secretary · appointed 2016-05-10
View their other companies + combined net worth →
Active
RUSSELL, Alex Thomas→
director · ~59y · appointed 2016-05-10
View their other companies + combined net worth →
Active
RUSSELL, Michelle Christine→
director · ~54y · appointed 2016-05-10
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-20
change-person-director-company-with-change-date
officers · CH01
2020-08-04