NEWIQ LTD

🌱Startupactive
SC815073 · ltd · incorporated 2024-07-01
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
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
  • 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 4 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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
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
0
filings
Counts from Companies House filing history.
Corporate timeline (4 events)Click to expand
  1. 2024-07-01
    🏢
    Company incorporated
    As NEWIQ LTD
  2. 2024-07-01
    FREER, Bryce Peter William appointed
    director
  3. 2024-07-01
    RYAN, Christopher William appointed
    director
  4. 2024-07-01
    📄
    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 1.9 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 ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-01

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Christopher William Ryan
Individual · British · DOB 10/1988 · age 38
5075%
50–75%50-75% shares · 50-75% voting01/07/2024
Mr Bryce Peter William Freer
Individual · Scottish · DOB 05/1998 · age 28
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2024

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 →
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Company details

Statusactive
Typeltd
Incorporated2024-07-01
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

47a Heriot Row
Edinburgh
EH3 6EX
Scotland

Filing status

Accounts
Next due: 2026-04-01OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (2 active · 0 resigned)

FREER, Bryce Peter William
director · ~28y · appointed 2024-07-01
View their other companies + combined net worth →
Active
RYAN, Christopher William
director · ~38y · appointed 2024-07-01
View their other companies + combined net worth →
Active

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

Recent filings (2 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
incorporation-company
incorporation · NEWINC
2024-07-01