COGENT CONNECTIVE LIMITED
🌿Early-stageactive
SC774434 · ltd · incorporated 2023-07-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-33.6k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: medium (78/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £33,553
Net assets shrinking
Down £35,791 YoY
Cash YoY
+402%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£10k
↑ 402% YoY
Net Worth
-£34k
↓ 1599% YoY
Current Assets
£36k
↑ 197% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £-33.6k | £10.7k |
| Current assets | £35.5k | £12.0k |
| Cash | £9.6k | £1.9k |
| Debtors | £26.0k | £10.1k |
| Net assets | £-33.6k | £2.2k |
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
1
filing
- • 1 accounts
Last 90 days
8
filings
- • 3 persons-with-significant-control
- • 2 capital
- • 1 accounts
Last 180 days
8
filings
- • 3 persons-with-significant-control
- • 2 capital
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-17📄resolutionresolution · RESOLUTIONS
- 2026-02-17📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-02-17📄capital-name-of-class-of-sharescapital · SH08
- 2026-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-13📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-02-11📄capital-name-of-class-of-sharescapital · SH08
- 2025-02-11📄resolutionresolution · RESOLUTIONS
- 2024-10-08📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-03-18📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-03-18📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-18📄resolutionresolution · RESOLUTIONS
- 2024-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-01➕MICHEL, Kevin appointeddirector
- 2023-07-03🏢Company incorporatedAs COGENT CONNECTIVE LIMITED
- 2023-07-03➕MICHEL, Daryl appointeddirector
- 2023-07-03📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
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.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lydia Michel Individual · British · DOB 02/2000 · age 26 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/08/2025 |
Mr Daryl Michel Individual · British · DOB 03/1996 · age 30 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/07/2023 |
Mr Kevin Michel Individual · British · DOB 05/1972 · age 54 | — | — | sig. influencesignificant influence | 15/02/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| FLIGHT DISPATCH LTD→ SC717776 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GLOBAL EVENTS 247 LIMITED→ SC732388 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ICEBERG.TECH LIMITED→ SC605616 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| JR DIGITAL DESIGN LTD→ SC453351 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| KENNETH MACLEAN LIMITED→ SC311619 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| LEMON SYSTEMS DESIGN LIMITED→ SC165136 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| LOGIC AI AGENTS LTD→ SC833840 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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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
Incorporated2023-07-03
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities
Registered office
Unit 9 Main Street
Glencarse
Perth
PH2 7LX
Scotland
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19
Officers (2 active · 0 resigned)
MICHEL, Daryl→
Activedirector · ~30y · appointed 2023-07-03
View their other companies + combined net worth →
MICHEL, Kevin→
Activedirector · ~54y · appointed 2024-03-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-19
resolution
resolution · RESOLUTIONS
2026-02-17
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-02-17
capital-name-of-class-of-shares
capital · SH08
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2025-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-13
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-02-13
capital-name-of-class-of-shares
capital · SH08
2025-02-11