HALLELPAY LIMITED

🌱Startupactive
SC836669 · ltd · incorporated 2025-02-06
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 Feb 2026
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (71/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-02-28

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-04-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-12-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-02-06
    🏢
    Company incorporated
    As HALLELPAY LIMITED
  5. 2025-02-06
    ADELAJA, Oluwaseun Ganiyu appointed
    director
  6. 2025-02-06
    ADESANYA-ADENIRAN, Damilola Hannah appointed
    director
  7. 2025-02-06
    📄
    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 1.2 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Olufunmilade Ife Adetogun
Individual · Nigerian · DOB 10/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/02/2025
Mr Oluwaseun Ganiyu Adelaja
Individual · Nigerian · DOB 04/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/02/2025
Mrs Damilola Hannah Adesanya-Adeniran
Individual · Nigerian · DOB 07/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/02/2025
1 historic (ceased) PSC
  • Miss Onyinye Stella Iloanugoceased 27/12/2025· 25-50% shares · 25-50% voting · board control

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.

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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2025-02-06
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Flat 3 8 Appin Place
Edinburgh
EH14 1NJ
Scotland

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (2 active · 0 resigned)

ADELAJA, Oluwaseun Ganiyu
director · ~40y · appointed 2025-02-06
View their other companies + combined net worth →
Active
ADESANYA-ADENIRAN, Damilola Hannah
director · ~32y · appointed 2025-02-06
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
2026-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-27
incorporation-company
incorporation · NEWINC
2025-02-06