4TH MILLENNIUM SYSTEMS LIMITED

🌳Matureactive
03236099 · ltd · incorporated 1996-08-09
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-1.1k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Video production activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 85600Educational support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 28.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 28.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,056

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
↑ 77% YoY
Current Assets
£47k
↑ 116% YoY
Current Liabilities
-£5k£6k£16k£26k£36k£47kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£-1.1k£665
Current assets£46.7k£21.6k
Net assets£-1.1k£-4.7k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2015-09-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-08-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-08-29
    📄
    capital-allotment-shares
    capital · SH01
  16. 2002-04-05
    🔓
    Charge satisfied #1
  17. 1998-02-15
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  18. 1997-09-20
    WRIGHT, Andrew Norris appointed
    director
  19. 1997-09-20
    CHAPMAN, James Matthew resigned
    director
  20. 1997-09-20
    RICHARDS, Mark Leslie resigned
    director
  21. 1996-08-09
    🏢
    Company incorporated
    As 4TH MILLENNIUM SYSTEMS LIMITED
  22. 1996-08-09
    WRIGHT, James William appointed
    secretary
  23. 1996-08-09
    WRIGHT, James William appointed
    director
  24. 1996-08-09
    BREWER, Suzanne appointed
    nominee-secretary
  25. 1996-08-09
    BREWER, Suzanne resigned
    nominee-secretary
  26. 1996-08-09
    BREWER, Kevin, Dr appointed
    nominee-director
  27. 1996-08-09
    BREWER, Kevin, Dr resigned
    nominee-director
  28. 1996-08-09
    CHAPMAN, James Matthew appointed
    director
  29. 1996-08-09
    RICHARDS, Mark Leslie appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Mr James William Wright
Individual · British · DOB 06/1975 · age 51
2550%
25-50% shares06/04/2016
Mr Peter Thomas Wright
Individual · British · DOB 07/1978 · age 48
2550%
25-50% shares06/04/2016
Mr Andrew Norris Wright
Individual · British · DOB 06/1949 · age 77
2550%
25-50% shares06/04/2016

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

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.

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.

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Company details

Statusactive
Typeltd
Incorporated1996-08-09
Jurisdictionengland-wales
Primary SIC59112 — Video production activities

Registered office

56 Helena Road
Norwich
Norfolk
NR2 3BZ

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (3 active · 4 resigned)

WRIGHT, James William
secretary · appointed 1996-08-09
View their other companies + combined net worth →
Active
WRIGHT, Andrew Norris
director · ~77y · appointed 1997-09-20
View their other companies + combined net worth →
Active
WRIGHT, James William
director · ~51y · appointed 1996-08-09
View their other companies + combined net worth →
Active
BREWER, Suzanne
nominee-secretary · appointed 1996-08-09 · resigned 1996-08-09
Resigned
BREWER, Kevin, Dr
nominee-director · ~74y · appointed 1996-08-09 · resigned 1996-08-09
Resigned
CHAPMAN, James Matthew
director · ~52y · appointed 1996-08-09 · resigned 1997-09-20
Resigned
RICHARDS, Mark Leslie
director · ~52y · appointed 1996-08-09 · resigned 1997-09-20
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property15/02/199805/04/2002

Recent filings (80 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-11