CONTRACTSIMPLE LTD
Opportunity 60/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2020-03-31 |
|---|---|
| Total assets | £1 |
| Cash | £1 |
| Net assets | £1 |
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
Corporate timeline (14 events)Click to expand
- 2021-06-29📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2021-06-29🏁Company dissolved
- 2021-04-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2021-04-07📄dissolution-application-strike-off-companydissolution · DS01
- 2020-05-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-04-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-16📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-02🏢Company incorporatedAs CONTRACTSIMPLE LTD
- 2018-07-02➕NICOLSON, Angus appointeddirector
- 2018-07-02➕NICOLSON, Susan Wendy appointeddirector
- 2018-07-02📄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 63 — 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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2021-06-29
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Angus Nicolson Individual · Scottish · DOB 01/1963 · age 63 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/07/2018 |
Mrs Susan Wendy Nicolson Individual · British · DOB 11/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/07/2018 |
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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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 →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 (0 active · 0 resigned)
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