ITOLOGY CREATIONS LTD

💤Zombieactive
SC768557 · ltd · incorporated 2023-05-08
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 May 2025
Net worth
£4.2k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. 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 (70/100)

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,230

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£4k
Current Assets
£10k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31
Total assets£4.2k
Current assets£9.5k
Net assets£4.2k

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
2
filings
  • • 2 accounts
Last 180 days
2
filings
  • • 2 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-07
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  2. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-01-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-01-13
    ➖
    TAUFIQ, Amna resigned
    director
  8. 2025-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-01-10
    ➕
    MIRZA, Waqas Baig, Mr. appointed
    director
  11. 2024-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-03-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-03-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2024-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-03-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-03-06
    ➖
    BAIG, Danish Raad resigned
    director
  18. 2024-03-03
    ➕
    TAUFIQ, Amna appointed
    director
  19. 2023-06-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-05-08
    🏢
    Company incorporated
    As ITOLOGY CREATIONS LTD
  21. 2023-05-08
    ➕
    BAIG, Danish Raad appointed
    director
  22. 2023-05-08
    📄
    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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Danish Raad Baig
Individual · Pakistani · DOB 09/1993 · age 33
75–100%
75–100%75-100% shares · 75-100% voting10/01/2025
2 historic (ceased) PSCs
  • Ms Amna Taufiqceased 10/01/2025· 75-100% shares
  • Mr Danish Raad Baigceased 25/10/2023· 75-100% shares · 75-100% voting · board control

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

8 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 →
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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
Incorporated2023-05-08
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

5 3f1 Edina Place
Flat 13
Edinburgh
EH7 5RN
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (1 active · 2 resigned)

MIRZA, Waqas Baig, Mr.→
director · ~40y · appointed 2025-01-10
View their other companies + combined net worth →
Active
BAIG, Danish Raad→
director · ~33y · appointed 2023-05-08 · resigned 2024-03-06
Resigned
TAUFIQ, Amna→
director · ~33y · appointed 2024-03-03 · resigned 2025-01-13
Resigned

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

Recent filings (18 total)

accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
change-person-director-company-with-change-date
officers · CH01
2025-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-14
termination-director-company-with-name-termination-date
officers · TM01
2025-01-13
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-16
termination-director-company-with-name-termination-date
officers · TM01
2024-03-16