VISPECTRA LTD

🌱Startupactive
SC817482 · ltd · incorporated 2024-07-25
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 Jul 2025
Net worth
£-283
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 63110Data processing, hosting and related activities
  • 63990Other information service activities n.e.c.
  • 72190Other research and experimental development on natural sciences and engineering
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 65/100. 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, 4 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £283

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£283
Current Assets
£1k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-31
Total assets£-283
Current assets£1.4k
Cash£1.4k
Net assets£-283

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

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
7
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
  • 1 capital
Last 90 days
10
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
  • 1 capital
Last 180 days
13
filings
  • 4 persons-with-significant-control
  • 2 confirmation-statement
  • 2 gazette
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2026-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2026-04-16
    📄
    capital-allotment-shares
    capital · SH01
  6. 2026-04-15
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2026-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2026-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2026-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-12-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2025-11-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2024-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-08-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-07-25
    🏢
    Company incorporated
    As VISPECTRA LTD
  15. 2024-07-25
    ELYAN, Eyad, Prof appointed
    director
  16. 2024-07-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-04-15: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Prof Eyad Elyan
Individual · British · DOB 01/1972 · age 54
5075%
50–75%board control50-75% shares · 50-75% voting · board control25/07/2024
Dr Mahammad Shareef Mekala
Individual · Indian · DOB 05/1990 · age 36
2550%
25–50%25-50% shares · 25-50% voting15/04/2026
1 historic (ceased) PSC
  • Lubna Al Eqedatceased 21/08/2024· 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 →
🔒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
Incorporated2024-07-25
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

Clyde Offices
2nd Floor, 48 West George Street
Glasgow
G2 1BP
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-05-01
Last: 2026-04-17

Officers (1 active · 0 resigned)

ELYAN, Eyad, Prof
director · ~54y · appointed 2024-07-25
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-16
capital-allotment-shares
capital · SH01
2026-04-16
certificate-change-of-name-company
change-of-name · CERTNM
2026-04-15
change-person-director-company-with-change-date
officers · CH01
2026-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-12
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
gazette-notice-compulsory
gazette · GAZ1
2025-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-27