RGS93 LTD

🌱Startupactive
SC817264 · ltd · incorporated 2024-07-23
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
9
filings
  • 3 persons-with-significant-control
  • 3 officers
  • 1 change-of-name
Last 180 days
9
filings
  • 3 persons-with-significant-control
  • 3 officers
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-02-06
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-02-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2026-02-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2026-01-30
    ILYES, Ayaz appointed
    director
  8. 2026-01-30
    NAJAFIAN, Omid resigned
    director
  9. 2026-01-30
    NAJAFIAN, Reza resigned
    director
  10. 2026-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2026-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-07-23
    🏢
    Company incorporated
    As RGS93 LTD
  13. 2024-07-23
    NAJAFIAN, Omid appointed
    director
  14. 2024-07-23
    NAJAFIAN, Reza appointed
    director
  15. 2024-07-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 2 med ·
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: 2026-04-23

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: NAJAFIAN, Omid resigned 2026-01-30; NAJAFIAN, Reza resigned 2026-01-30

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-06: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ayaz Ilyes
Individual · Pakistani · DOB 09/1991 · age 35
75100%
75-100% shares30/01/2026
2 historic (ceased) PSCs
  • Mr Reza Najafianceased 30/01/2026· 25-50% shares · 25-50% voting · board control
  • Mr Omid Najafianceased 30/01/2026· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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10 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-07-23
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

93 West Regent Street
Glasgow
G2 2BA
Scotland

Filing status

Accounts
Next due: 2026-04-23OVERDUE
Last made up to:
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (1 active · 2 resigned)

ILYES, Ayaz
director · ~35y · appointed 2026-01-30
View their other companies + combined net worth →
Active
NAJAFIAN, Omid
director · ~43y · appointed 2024-07-23 · resigned 2026-01-30
Resigned
NAJAFIAN, Reza
director · ~40y · appointed 2024-07-23 · resigned 2026-01-30
Resigned

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

Recent filings (11 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-02
appoint-person-director-company-with-name-date
officers · AP01
2026-02-02
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-15
incorporation-company
incorporation · NEWINC
2024-07-23