4TH MILLENNIUM SYSTEMS LIMITED
- · Oldest live charge 28.2y old — refinance window within 12 months
- 62020Information technology consultancy activities
- 85600Educational support services
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
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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| 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
Corporate timeline (29 events)Click to expand
- 2025-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-09-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-08-29📄capital-allotment-sharescapital · SH01
- 2002-04-05🔓Charge satisfied #1
- 1998-02-15🔒Charge registered #1Lender: Midland Bank PLC
- 1997-09-20➕WRIGHT, Andrew Norris appointeddirector
- 1997-09-20➖CHAPMAN, James Matthew resigneddirector
- 1997-09-20➖RICHARDS, Mark Leslie resigneddirector
- 1996-08-09🏢Company incorporatedAs 4TH MILLENNIUM SYSTEMS LIMITED
- 1996-08-09➕WRIGHT, James William appointedsecretary
- 1996-08-09➕WRIGHT, James William appointeddirector
- 1996-08-09➕BREWER, Suzanne appointednominee-secretary
- 1996-08-09➖BREWER, Suzanne resignednominee-secretary
- 1996-08-09➕BREWER, Kevin, Dr appointednominee-director
- 1996-08-09➖BREWER, Kevin, Dr resignednominee-director
- 1996-08-09➕CHAPMAN, James Matthew appointeddirector
- 1996-08-09➕RICHARDS, Mark Leslie appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
cleanShareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James William Wright Individual · British · DOB 06/1975 · age 51 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Peter Thomas Wright Individual · British · DOB 07/1978 · age 48 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Andrew Norris Wright Individual · British · DOB 06/1949 · age 77 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 15/02/1998 | 05/04/2002 |