HEY LEGAL LTD
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 (73/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 2 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (15 events)Click to expand
- 2026-01-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-28📄resolutionresolution · RESOLUTIONS
- 2019-05-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-01-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-01-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-06➕THOMSON, Sarah Jane appointeddirector
- 2018-01-17🏢Company incorporatedAs HEY LEGAL LTD
- 2018-01-17➕THOMSON, Alasdair Austin appointeddirector
- 2018-01-17📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sarah Jane Thomson Individual · British · DOB 11/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/03/2018 |
Mr Alasdair Austin Thomson Individual · British · DOB 04/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/01/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| FREEMAN ENGINEERING LTD.→ SC331312 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.