EVOLYST LTD

⚰️Wound downliquidation
08280219 · ltd · incorporated 2012-11-05
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
book net assets
Opportunity
35/100
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62090Other information technology service activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 35/100 (watch), bankability 30/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
35/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31
Average employees300300

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
0
filings
Last 90 days
5
filings
  • 3 insolvency
  • 1 address
  • 1 resolution
Last 180 days
6
filings
  • 3 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-02-09
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2026-02-09
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2026-02-09
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2026-01-26
    ⚠️
    liquidation-voluntary-arrangement-completion
    insolvency · CVA4
  6. 2025-09-09
    ⚠️
    liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
    insolvency · CVA3
  7. 2025-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-07-16
    ⚠️
    liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement
    insolvency · CVA1
  9. 2024-04-07
    📄
    capital-allotment-shares
    capital · SH01
  10. 2024-04-07
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-09-16
    📄
    capital-allotment-shares
    capital · SH01
  14. 2021-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-06-16
    📄
    capital-alter-shares-subdivision
    capital · SH02
  16. 2021-06-16
    📄
    memorandum-articles
    incorporation · MA
  17. 2021-06-16
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2021-03-30
    DOYLE, Andrew Norbert resigned
    director
  20. 2021-03-30
    MILTON, David Bowen Douglas resigned
    director
  21. 2021-03-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-03-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2019-02-06
    MILTON, David Bowen Douglas appointed
    director
  24. 2018-11-13
    DOYLE, Andrew Norbert appointed
    director
  25. 2015-05-31
    NELLIST, Mesut Kieran resigned
    director
  26. 2012-11-05
    🏢
    Company incorporated
    As EVOLYST LTD
  27. 2012-11-05
    GOLBY, Christopher appointed
    director
  28. 2012-11-05
    SKIRTH, Ben James William appointed
    director
  29. 2012-11-05
    NELLIST, Mesut Kieran appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

44/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

3 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: 2026-02-28

Company in liquidation
high

Company is actively being wound up. Not a going concern.

5 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-02-09: liquidation-voluntary-statement-of-affairs; 2026-02-09: liquidation-voluntary-appointment-of-liquidator

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ben James William Skirth
Individual · British · DOB 07/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Dr Christopher Kenneth Golby
Individual · British · DOB 12/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

11 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

Statusliquidation
Typeltd
Incorporated2012-11-05
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

The Copper Room Deva City Office Park
Trinity Way
Manchester
M3 7BG

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-08-20
Last: 2025-08-06

Officers (2 active · 3 resigned)

GOLBY, Christopher
director · ~40y · appointed 2012-11-05
View their other companies + combined net worth →
Active
SKIRTH, Ben James William
director · ~39y · appointed 2012-11-05
View their other companies + combined net worth →
Active
DOYLE, Andrew Norbert
director · ~67y · appointed 2018-11-13 · resigned 2021-03-30
Resigned
MILTON, David Bowen Douglas
director · ~39y · appointed 2019-02-06 · resigned 2021-03-30
Resigned
NELLIST, Mesut Kieran
director · ~39y · appointed 2012-11-05 · resigned 2015-05-31
Resigned

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

Recent filings (56 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-09
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-02-09
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-02-09
resolution
resolution · RESOLUTIONS
2026-02-09
liquidation-voluntary-arrangement-completion
insolvency · CVA4
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
liquidation-cva-supervisors-abstract-of-receipts-payments-with-brought-down-date
insolvency · CVA3
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement
insolvency · CVA1
2024-07-16
capital-allotment-shares
capital · SH01
2024-04-07
resolution
resolution · RESOLUTIONS
2024-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-16