X-GENIX LIMITED

🏛️Establishedactive
SC689546 · ltd · incorporated 2021-02-17
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
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28

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

Recent activity

Last 30 days
1
filing
  • 1 officers
Last 90 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Last 180 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-19
    MILLICAN, Keith appointed
    director
  2. 2026-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-03-03
    GOSS, Rebecca Jane Miriam, Prof resigned
    director
  4. 2026-03-03
    SHARMA, Sunil, Dr resigned
    director
  5. 2026-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2024-10-04
    📄
    change-corporate-director-company-with-change-date
    officers · CH02
  10. 2024-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2023-10-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-11-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-02-17
    🏢
    Company incorporated
    As X-GENIX LIMITED
  15. 2021-02-17
    ST ANDREWS INNOVATION LIMITED appointed
    corporate-director
  16. 2021-02-17
    GOSS, Rebecca Jane Miriam, Prof appointed
    director
  17. 2021-02-17
    SHARMA, Sunil, Dr appointed
    director
  18. 2021-02-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GOSS, Rebecca Jane Miriam, Prof resigned 2026-03-03; SHARMA, Sunil, Dr resigned 2026-03-03

Group structure

St Andrews Innovation Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
St Andrews Innovation Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
X-GENIX LIMITED
This company · SC689546

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
St Andrews Innovation Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/02/2021

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
Incorporated2021-02-17
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Walter Bower House Main Street
Guardbridge
St. Andrews
KY16 0US
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (2 active · 2 resigned)

MILLICAN, Keith
director · ~66y · appointed 2026-05-19
View their other companies + combined net worth →
Active
ST ANDREWS INNOVATION LIMITED
corporate-director · appointed 2021-02-17
View their other companies + combined net worth →
Active
GOSS, Rebecca Jane Miriam, Prof
director · ~50y · appointed 2021-02-17 · resigned 2026-03-03
Resigned
SHARMA, Sunil, Dr
director · ~53y · appointed 2021-02-17 · resigned 2026-03-03
Resigned

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

Recent filings (16 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
termination-director-company-with-name-termination-date
officers · TM01
2026-03-03
termination-director-company-with-name-termination-date
officers · TM01
2026-03-03
accounts-with-accounts-type-dormant
accounts · AA
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-dormant
accounts · AA
2024-11-14
change-corporate-director-company-with-change-date
officers · CH02
2024-10-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-dormant
accounts · AA
2023-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-dormant
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-16