AGAMIK LIMITED
🌳Matureactive
SC150508 · ltd · incorporated 1994-04-28
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 Apr 2025
Net worth
£-18.4k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
Data confidence
Overall: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £18,385
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£18k
↑ 7.7% YoY
Current Assets
£9k
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-17.8k | £-19.3k |
| Current assets | £8.9k | £7.4k |
| Net assets | £-18.4k | £-19.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-19📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-04-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-18📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-04-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-03📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 1998-01-20➕MCCALLUM, Douglas Graham appointeddirector
- 1998-01-20➖SPENCE, Alexander Graham resigneddirector
- 1997-01-01➖MCCALLUM, Douglas Graham resigneddirector
- 1996-10-31➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1996-10-18➕GRAY, Douglas Macmillan appointedsecretary
- 1996-06-28➖GORDON, Alan Balnavie resignedsecretary
- 1996-06-28➖GORDON, Alan Balnave resigneddirector
- 1996-06-01➕GRAY, Douglas Macmillan appointeddirector
- 1995-04-28➕GORDON, Alan Balnavie appointedsecretary
- 1994-04-28🏢Company incorporatedAs AGAMIK LIMITED
- 1994-04-28➕GORDON, Alan Balnave appointedsecretary
- 1994-04-28➖GORDON, Alan Balnave resignedsecretary
- 1994-04-28➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1994-04-28➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1994-04-28➕GORDON, Alan Balnave appointeddirector
- 1994-04-28➕MCCALLUM, Douglas Graham appointeddirector
- 1994-04-28➕SPENCE, Alexander Graham appointeddirector
- 1994-04-28➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe 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 70 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 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 32 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Alan Gordon Individual · British · DOB 06/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Douglas Macmillan Gray Individual · British · DOB 06/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Douglas Graham Mccallum Individual · British · DOB 07/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Douglas Macmillan Grayceased 01/01/2017· 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.
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Active · Technology · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3-56 MEDIA LIMITED→ SC413110 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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| ACEIT CONSULTANCY LIMITED→ SC572172 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| ADARTA LIMITED→ SC874004 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADR OPERATIONS LTD→ SC639863 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANCED DEFENCE SOLUTIONS LTD→ SC775927 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED WEATHER APPLICATIONS LTD.→ SC358999 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AFIT SOLUTIONS LIMITED→ SC500548 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1994-04-28
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development
Registered office
5 Cathlaw House
Torphichen
Bathgate
West Lothian
EH48 4NW
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-12
Last: 2025-04-28
Officers (3 active · 7 resigned)
GRAY, Douglas Macmillan→
Activesecretary · appointed 1996-10-18
View their other companies + combined net worth →
GRAY, Douglas Macmillan→
Activedirector · ~70y · appointed 1996-06-01
View their other companies + combined net worth →
MCCALLUM, Douglas Graham→
Activedirector · ~69y · appointed 1998-01-20
View their other companies + combined net worth →
GORDON, Alan Balnavie→
Resignedsecretary · appointed 1995-04-28 · resigned 1996-06-28
GORDON, Alan Balnave→
Resignedsecretary · appointed 1994-04-28 · resigned 1994-04-28
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-04-28 · resigned 1994-04-28
GORDON, Alan Balnave→
Resigneddirector · ~65y · appointed 1994-04-28 · resigned 1996-06-28
MCCALLUM, Douglas Graham→
Resigneddirector · ~69y · appointed 1994-04-28 · resigned 1997-01-01
SPENCE, Alexander Graham→
Resigneddirector · ~65y · appointed 1994-04-28 · resigned 1998-01-20
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1994-04-28 · resigned 1996-10-31
Click a director name to see their full track record across all companies.
Recent filings (100 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-person-secretary-company-with-change-date
officers · CH03
2024-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-person-director-company-with-change-date
officers · CH01
2024-03-11
change-person-director-company-with-change-date
officers · CH01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-19
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-05-19