PONGO PAYMENTS LTD

💤Zombieactive
SC629184 · ltd · incorporated 2019-05-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£33.2k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (80/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £33,159
Net assets shrinking
Down £17,033 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£33k
↓ 34% YoY
Current Assets
£600
↑ 2400% YoY
Current Liabilities
£0£10k£20k£30k£40k£50kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£10.4k£22.1k
Current assets£600£24
Net assets£33.2k£50.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
3
filings
  • 1 accounts
  • 1 gazette
  • 1 confirmation-statement
Last 90 days
6
filings
  • 3 address
  • 1 accounts
  • 1 gazette
Last 180 days
6
filings
  • 3 address
  • 1 accounts
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-05-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2026-04-07
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  4. 2026-04-07
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  5. 2026-04-07
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  6. 2025-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2019-05-01
    🏢
    Company incorporated
    As PONGO PAYMENTS LTD
  14. 2019-05-01
    MCFARLANE, Jonathan Bernard appointed
    director
  15. 2019-05-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Bernard Mcfarlane
Individual · British · DOB 09/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/05/2019

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
Incorporated2019-05-01
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

SC629184 - COMPANIES HOUSE DEFAULT ADDRESS
Edinburgh
EH7 9HR

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20

Officers (1 active · 0 resigned)

MCFARLANE, Jonathan Bernard
director · ~37y · appointed 2019-05-01
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-12
gazette-notice-compulsory
gazette · GAZ1
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-07
default-companies-house-service-address-applied-psc
address · RP10
2026-04-07
default-companies-house-service-address-applied-officer
address · RP09
2026-04-07
default-companies-house-registered-office-address-applied
address · RP05
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-18