MYKEYINFO LIMITED

🏛️Establishedactive
SC683283 · ltd · incorporated 2020-12-09
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.
🔒Estimated value
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Turnover
year to Dec 2024
Net worth
£-42.1k
book net assets
Opportunity
77/100
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 77/100 (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: Cash flow review and working-capital discipline. Cash down -93% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £42,083
Very low cash
Cash position: £49
Cash draining
Cash down 93% YoY
Cash YoY
-93%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49
↓ 93% YoY
Net Worth
-£42k
↓ 6.2% YoY
Current Assets
£49
↓ 93% YoY
Current Liabilities
-£42k-£34k-£25k-£16k-£8k£717Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-42.1k£-39.6k
Current assets£49£717
Cash£49£662
Debtors£55
Net assets£-42.1k£-39.6k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2020-12-09
    🏢
    Company incorporated
    As MYKEYINFO LIMITED
  6. 2020-12-09
    LATTO, Keith Robert Alston appointed
    director
  7. 2020-12-09
    SCHMIDT, Mark Stephen, Dr appointed
    director
  8. 2020-12-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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
NameSharesVoting rightsNature of controlNotified
Dr Mark Stephen Schmidt
Individual · British,German · DOB 09/1966 · age 60
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2020
Mr Keith Robert Alston Latto
Individual · Scottish · DOB 02/1969 · age 57
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-12-09
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

3 Tranter Road
Aberlady
Longniddry
EH32 0UE
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (2 active · 0 resigned)

LATTO, Keith Robert Alston
director · ~57y · appointed 2020-12-09
View their other companies + combined net worth →
Active
SCHMIDT, Mark Stephen, Dr
director · ~60y · appointed 2020-12-09
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-dormant
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-dormant
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-10
incorporation-company
incorporation · NEWINC
2020-12-09