BROKER APPLICATION BUILDING SERVICES LTD

🏛️Establishedactive

SC633906 · ltd · incorporated 2019-06-20

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.

Why now

Window steady · medium confidence

Mixed signals — 1 changes over 30 days, no clear direction yet.

· Filings: 13 → 14

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Filings: 13 → 14

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-4.9k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Business and domestic software development

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: 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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

14 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £4,925

Cash YoY

+0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£217

~ YoY

Net Worth

-£5k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£-4.9k	£-4.9k
Cash	£217	£217
Net assets	£-4.9k	£-4.9k

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

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (10 events)Click to expand

2026-03-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-02-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-20
🏢
Company incorporated
As BROKER APPLICATION BUILDING SERVICES LTD
2019-06-20
➕
RUSSELL, Paul Daniel appointed
director
2019-06-20
➕
YATES, David Michael appointed
director
2019-06-20
📄
incorporation-company
incorporation · NEWINC

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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Paul Daniel Russell Individual · British · DOB 07/1971 · age 55	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	20/06/2019
Mr David Michael Yates Individual · British · DOB 04/1972 · age 54	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	20/06/2019

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 →

Similar companies

Active · Technology · G postcode area

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BIP SOLUTIONS LIMITED→ SC086146 · est 1984	£10.24M £7.31M–£13.17M	—	—	137	42y	83	79y
BLACKBAUD EUROPE LTD.→ SC212593 · est 2000	£3.33M £2.38M–£4.28M	£23.77M	—	12000	25y	84	64y
ALTIA SOLUTIONS LIMITED→ SC228451 · est 2002	£409.8k £292.7k–£526.9k	£6.88M	—	0	24y	83	60y
29 STUDIOS LIMITED→ SC358469 · est 2009	—	—	£79.7k	—	17y	83	58y
ANGEL EYE MEDIA LIMITED→ SC268652 · est 2004	—	—	£18.6k	—	22y	83	61y
APERTA LIMITED→ SC136758 · est 1992	—	—	£13.46M	—	34y	83	75y
CALEDONIA TV PRODUCTIONS LTD.→ SC141667 · est 1992	—	—	£451.3k	—	33y	83	77y
CRAB APPLE FILMS LIMITED→ SC242643 · est 2003	—	—	—	200	23y	83	64y
CUE AND REVIEW RECORDING SERVICE LIMITED→ SC129748 · est 1991 · no financials extracted	—	—	—	—	35y	83	78y
E-MAX SYSTEMS LIMITED→ SC189614 · est 1998	—	—	£290.8k	—	27y	83	76y
ELASTIC CREATIVE LTD.→ SC203930 · est 2000	—	—	£20.1k	—	26y	83	58y
EURITEC LIMITED→ SC132746 · est 1991	—	—	£2.4k	—	35y	83	77y

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.

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Company details

Statusactive

Typeltd

Incorporated2019-06-20

Jurisdictionscotland

Primary SIC62012 — Business and domestic software development

Registered office

First Floor

41 St. Vincent Place

Glasgow

G1 2ER

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-05-21

Last: 2026-05-07

Officers (2 active · 0 resigned)

RUSSELL, Paul Daniel→

director · ~55y · appointed 2019-06-20

View their other companies + combined net worth →

Active

YATES, David Michael→

director · ~54y · appointed 2019-06-20

View their other companies + combined net worth →

Active

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