SOFTHETIC DEVELOPMENT LTD

💤Zombieactive
SC643696 · ltd · incorporated 2019-10-07
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 Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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. 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: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees100

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
0
filings
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-11-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-10-15
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  5. 2025-10-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-08-29
    FIELDFISHER SECRETARIES LIMITED appointed
    corporate-secretary
  7. 2025-08-29
    EDISON, Laura resigned
    secretary
  8. 2025-02-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2025-02-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-10-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2023-09-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2023-03-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-04-06
    📄
    capital-allotment-shares
    capital · SH01
  15. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-06-08
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2019-10-07
    🏢
    Company incorporated
    As SOFTHETIC DEVELOPMENT LTD
  18. 2019-10-07
    LEVYKIN, Volodymyr appointed
    director
  19. 2019-10-07
    EDISON, Laura appointed
    secretary
  20. 2019-10-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Skyrora Ventures Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Skyrora Ventures Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SOFTHETIC DEVELOPMENT LTD
This company · SC643696

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Skyrora Ventures Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/04/2022
2 historic (ceased) PSCs
  • Mr Maxym Polyakovceased 24/12/2024· 75-100% shares · 75-100% voting · board control
  • Mr Volodymyr Levykinceased 24/12/2024· 75-100% shares

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
T & T CLARK LIMITED
SC130999 · est 1991 · no financials extracted
35y
THERAPY MADE SIMPLE LTD
SC858283 · est 2025 · no financials extracted
THIRD PLATFORM TECHNOLOGIES LTD
SC629618 · est 2019 · no financials extracted
6y
THUS GROUP HOLDINGS LIMITED
SC192666 · est 1999 · no financials extracted
27y
TIXSKI LTD
SC824048 · est 2024 · no financials extracted
1y
TNS SOFTWARE GROUP LTD
SC767671 · est 2023 · no financials extracted
2y
TRADENATION LTD
SC858549 · est 2025 · no financials extracted
TRAKSY LIMITED
SC637410 · est 2019 · no financials extracted
6y
TRAVEL IN STYLE 365 LTD
SC863782 · est 2025 · no financials extracted
TREETOPFROG LTD
SC649703 · est 2019 · no financials extracted
6y
TREFULY LTD
SC698928 · est 2021 · no financials extracted
4y
TRESONATE LTD
SC712983 · est 2021 · no financials extracted
4y
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
Incorporated2019-10-07
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09

Officers (2 active · 1 resigned)

FIELDFISHER SECRETARIES LIMITED
corporate-secretary · appointed 2025-08-29
View their other companies + combined net worth →
Active
LEVYKIN, Volodymyr
director · ~50y · appointed 2019-10-07
View their other companies + combined net worth →
Active
EDISON, Laura
secretary · appointed 2019-10-07 · resigned 2025-08-29
Resigned

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

Recent filings (21 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-05
accounts-with-accounts-type-small
accounts · AA
2025-11-14
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-10-15
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-04
accounts-with-accounts-type-small
accounts · AA
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-small
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-09