VENDOR IQ LIMITED

🌿Early-stageactive
SC802585 · ltd · incorporated 2024-03-12
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
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Other information service activities n.e.c.
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
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
7 connected companies via shared directors
66
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2024-05-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-03-29
    GAUNT, Andrew appointed
    director
  5. 2024-03-12
    🏢
    Company incorporated
    As VENDOR IQ LIMITED
  6. 2024-03-12
    MITCHELL, Kevin George appointed
    director
  7. 2024-03-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-25

Group structure

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

🏛️
Graphene Holdco Limited
Corporate parent · holds 75-100% shares
ultimate parent
VENDOR IQ LIMITED
This company · SC802585

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
Graphene Holdco Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting12/03/2024

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

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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2024-03-12
Jurisdictionscotland
Primary SIC63990 — Other information service activities n.e.c.

Registered office

1 Begg Road
Kirkcaldy
KY2 6HD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-25OVERDUE
Last: 2025-03-11

Officers (2 active · 0 resigned)

GAUNT, Andrew
director · ~38y · appointed 2024-03-29
View their other companies + combined net worth →
Active
MITCHELL, Kevin George
director · ~34y · appointed 2024-03-12
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-12-11
appoint-person-director-company-with-name-date
officers · AP01
2024-05-02
incorporation-company
incorporation · NEWINC
2024-03-12