DEFEON LIMITED

🌿Early-stageactive
SC728868 · ltd · incorporated 2022-04-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Average employees00

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-10-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-04-14
    ➕
    IBUKUN, Matthew Bolanle appointed
    director
  12. 2022-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-04-07
    🏢
    Company incorporated
    As DEFEON LIMITED
  14. 2022-04-07
    ➕
    OLUKITIBI, Olaniyi Joshua appointed
    director
  15. 2022-04-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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 62 — approaching natural succession window.

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 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr Olaniyi Joshua Olukitibi
Individual · Nigerian · DOB 02/1989 · age 37
50–75%
50–75%board control50-75% shares · 50-75% voting · board control07/04/2022

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
Incorporated2022-04-07
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

64 Newlands Court
Bathgate
EH48 2GD
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (2 active · 0 resigned)

IBUKUN, Matthew Bolanle→
director · ~62y · appointed 2022-04-14
View their other companies + combined net worth →
Active
OLUKITIBI, Olaniyi Joshua→
director · ~37y · appointed 2022-04-07
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-17
change-person-director-company-with-change-date
officers · CH01
2024-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-28
appoint-person-director-company-with-name-date
officers · AP01
2022-04-14