C2 SOFTWARE LIMITED
🌳Matureactive
SC176133 · ltd · incorporated 1997-06-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£150
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 25.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 25.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
15 officers (2 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £150
Net assets shrinking
Down £1,002,756 YoY
Cash YoY
+10%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£119k
↑ 10% YoY
Net Worth
£150
↓ 100% YoY
Current Assets
£119k
↓ 87% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £150 | £1.01M |
| Current assets | £118.7k | £888.6k |
| Cash | £118.7k | £107.6k |
| Debtors | — | £781.0k |
| Net assets | £150 | £1.00M |
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
2
filings
- • 1 accounts
- • 1 officers
Last 180 days
3
filings
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
- 2026-03-12📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2026-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-02➕BROWN, Steven John appointeddirector
- 2025-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30➖O'HARA, Thomas resigneddirector
- 2025-03-20📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2025-02-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-01-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31➖TURNBULL, Alan Logan resigneddirector
- 2024-12-11📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2024-09-26➖CARMICHAEL, Finlay James resigneddirector
- 2024-09-26➖POTTER, Kirk Thomas resigneddirector
- 2024-09-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-12📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-01-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-11🔓Charge satisfied #2
- 2024-01-09📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-01-08📄memorandum-articlesincorporation · MA
- 2024-01-08📄resolutionresolution · RESOLUTIONS
- 2024-01-06📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-01-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-23🔒Charge registered #4Lender: Glas Trust Corporation Limited as Security Agent
- 2023-12-23🔒Charge registered #3Lender: Ldc (Managers) Limited as Security Trustee
- 2023-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-03➕MCDONALD, Andrew James appointeddirector
- 2023-11-03➖POTTER, Kirk Thomas resignedsecretary
- 2023-11-03➖DAVIES, Warren Stephen Colin resigneddirector
- 2023-11-03➖HOCKING, Guy Robert resigneddirector
- 2023-11-03➕O'HARA, Thomas appointeddirector
- 2023-11-03➕TURNBULL, Alan Logan appointeddirector
- 2023-11-03🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2017-12-04🔓Charge satisfied #1
- 2016-07-04➕DAVIES, Warren Stephen Colin appointeddirector
- 2016-07-04➕HOCKING, Guy Robert appointeddirector
- 2016-07-04➖TINDALL, Richard Robert resigneddirector
- 2006-01-01➕TINDALL, Richard Robert appointeddirector
- 2005-02-06➖CARNEGIE, Steven Alexander resigneddirector
- 2004-11-25➖CARNEGIE, Steven Alexander resignedsecretary
- 2004-11-25➕POTTER, Kirk Thomas appointedsecretary
- 2002-08-19➕POTTER, Kirk Thomas appointeddirector
- 2001-08-15➖THE BUSINESS LAB LIMITED resignedcorporate-director
- 2001-01-04🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2000-12-04➕THE BUSINESS LAB LIMITED appointedcorporate-director
Showing most recent 50 of 58 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Kick Ict Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Kick Ict Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
C2 SOFTWARE LIMITED
This company · SC176133
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kick Ict Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/11/2023 |
1 historic (ceased) PSC
- Mr Finlay James Carmichaelceased 03/11/2023· 25-50% shares
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 →Similar companies
Active · Technology · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C-PATH SOFTWARE ENGINEERING LTD→ SC422542 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CATCH THE LIGHT LIMITED→ SC500216 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CHERT AI LIMITED→ SC838354 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CLAIRE PIDGEON DESIGN LIMITED→ SC571071 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| COBALT IT CONSULTING LTD.→ SC686146 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| COLLABORATIVE CONSULTING LIMITED→ SC359585 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| COMMUNICATION STRATEGIES LTD→ SC380666 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| COMPUTERS4U (WISHAW) LIMITED→ SC263300 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| CONSILIUM U.K. LIMITED→ SC188830 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| COURTYARD BROADCAST LTD→ SC808003 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CURIOUS DREAMERS LTD→ SC766533 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CUTTLEFISH GRAPHICS LIMITED→ SC501431 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1997-06-05
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development
Registered office
Solais House, 19 Phoenix Crescent
Strathclyde Business Park
Bellshill
ML4 3NJ
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05
Officers (2 active · 13 resigned)
BROWN, Steven John→
Activedirector · ~48y · appointed 2026-02-02
View their other companies + combined net worth →
MCDONALD, Andrew James→
Activedirector · ~44y · appointed 2023-11-03
View their other companies + combined net worth →
CARNEGIE, Steven Alexander→
Resignedsecretary · appointed 1997-06-05 · resigned 2004-11-25
POTTER, Kirk Thomas→
Resignedsecretary · appointed 2004-11-25 · resigned 2023-11-03
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-06-05 · resigned 1997-06-05
CARMICHAEL, Finlay James→
Resigneddirector · ~58y · appointed 1997-06-05 · resigned 2024-09-26
CARNEGIE, Steven Alexander→
Resigneddirector · ~60y · appointed 1997-06-05 · resigned 2005-02-06
DAVIES, Warren Stephen Colin→
Resigneddirector · ~56y · appointed 2016-07-04 · resigned 2023-11-03
HOCKING, Guy Robert→
Resigneddirector · ~43y · appointed 2016-07-04 · resigned 2023-11-03
MARKS, Antony→
Resigneddirector · ~62y · appointed 1999-02-12 · resigned 2000-10-27
O'HARA, Thomas→
Resigneddirector · ~66y · appointed 2023-11-03 · resigned 2025-09-30
POTTER, Kirk Thomas→
Resigneddirector · ~53y · appointed 2002-08-19 · resigned 2024-09-26
TINDALL, Richard Robert→
Resigneddirector · ~66y · appointed 2006-01-01 · resigned 2016-07-04
TURNBULL, Alan Logan→
Resigneddirector · ~64y · appointed 2023-11-03 · resigned 2024-12-31
THE BUSINESS LAB LIMITED→
Resignedcorporate-director · appointed 2000-12-04 · resigned 2001-08-15
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation as Security Agent Glas Trust Corporation Limited as Security Agent | A registered charge | 1 property | 23/12/2023 | — | |
| outstanding | Ldc (Managers) as Security Trustee Ldc (Managers) Limited as Security Trustee | A registered charge | — | 23/12/2023 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | — | 03/11/2023 | 11/01/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 04/01/2001 | 04/12/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (120 total)
accounts-with-accounts-type-audited-abridged
accounts · AA
2026-03-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-audited-abridged
accounts · AA
2025-03-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-02-24
termination-director-company-with-name-termination-date
officers · TM01
2025-01-10
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-12-11
termination-director-company-with-name-termination-date
officers · TM01
2024-09-26
termination-director-company-with-name-termination-date
officers · TM01
2024-09-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-11
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-01-09
memorandum-articles
incorporation · MA
2024-01-08