Ursidacom

KYCO: Know Your Company

Reveal Profile

23 October 2025

1) Overview of the Company

URSIDACOM LTD is a private limited company incorporated in England and Wales on 26 September 2012, with company registration number 08229767. The company operates from its registered office address at 18 Vimiera Close, Norton, Worcester, Worcestershire, WR5 2QP. The company maintains active status with Companies House and specializes in software development and data processing services.

URSIDACOM LTD operates across three primary business areas according to its Standard Industrial Classification (SIC) codes: ready-made interactive leisure and entertainment software development (62011), business and domestic software development (62012), and data processing, hosting and related activities (63110). The company’s business activities encompass both commercial software development for business applications and entertainment software for consumer markets, alongside providing data processing and hosting services to clients.

The company filed its last accounts made up to 30 September 2024, with the next accounts due by 30 June 2026. URSIDACOM LTD’s most recent confirmation statement was dated 19 October 2025, with the next statement due by 2 November 2026. As a private limited company, URSIDACOM LTD operates under the regulatory framework established by the UK’s Companies Act and is subject to ongoing changes in UK company law, including enhanced compliance requirements introduced through the Economic Crime and Corporate Transparency Act that became law in October 2023.

2) History

URSIDACOM LTD was incorporated on 26 September 2012 as a private limited company in England and Wales under company registration number 08229767. The company was founded with Elliott Michael Bear as its sole director, who has maintained this position since the company’s incorporation and continues to serve in this capacity today. Bear, who was born in March 1992, would have been approximately 20 years old when he established the company, representing an early entrepreneurial venture in the software development sector.

From its inception, URSIDACOM LTD established its registered office at 18 Vimiera Close, Norton, Worcester, Worcestershire, WR5 2QP, where it continues to operate today. The company’s business activities were structured around three primary areas according to its Standard Industrial Classification codes: ready-made interactive leisure and entertainment software development (62011), business and domestic software development (62012), and data processing, hosting and related activities (63110). This diversified approach positioned the company to serve both commercial and consumer markets within the software development industry.

Throughout its operational history, URSIDACOM LTD has maintained consistent compliance with UK regulatory requirements. The company has filed its accounts and confirmation statements regularly with Companies House, with its most recent accounts covering the period up to 30 September 2024 and its last confirmation statement dated 19 October 2025. The company has operated continuously under active status since incorporation, maintaining its private limited company structure without any recorded changes in ownership or corporate form.

URSIDACOM LTD’s development occurred during a period of significant regulatory evolution in UK company law. The company has navigated various legislative changes, including the implementation of the Economic Crime and Corporate Transparency Act, which became law in October 2023 and introduced enhanced compliance requirements for UK companies starting in March 2024. These changes included new rules for registered office addresses, requirements for registered email addresses, and lawful purpose statements for all companies.

3) Key Executives

Elliott Michael Bear serves as the sole Director of URSIDACOM LTD, a position he has held since the company’s incorporation on 26 September 2012. Born in March 1992, Bear was approximately 20 years old when he founded the company, establishing it as an early entrepreneurial venture in the software development sector. He maintains his correspondence address at the company’s registered office at 18 Vimiera Close, Norton, Worcester, Worcestershire, WR5 2QP. Bear holds English nationality and resides in Worcestershire, with his occupation listed as Self Employed. As the company’s founding director, he has provided continuous leadership for over 13 years, overseeing the company’s operations across its three primary business areas: ready-made interactive leisure and entertainment software development, business and domestic software development, and data processing, hosting and related activities.

4) Ownership

URSIDACOM LTD operates under a simple ownership structure with Elliott Michael Bear serving as the sole shareholder and person with significant control. Bear holds 1 ordinary share with a total value of 1 GBP, representing 100% ownership of the company. As the sole shareholder, Bear maintains complete control over the company’s ownership and decision-making processes, having been designated as a person with significant control since 6 April 2016.

The company’s share capital structure reflects its status as a private limited company incorporated with minimal initial capital. The single ordinary share held by Bear demonstrates that URSIDACOM LTD was established as a closely-held entity without external investors or minority shareholders. This ownership arrangement has remained unchanged since the company’s incorporation on 26 September 2012, indicating stability in the ownership structure over the company’s 13-year operational history.

URSIDACOM LTD maintains its status as a dormant company according to Companies House filings, with accounts consistently filed as dormant company accounts since incorporation. The company’s ownership structure aligns with its dormant status, as dormant companies typically have simplified ownership arrangements and minimal business activity. Bear’s dual role as both the sole director and sole shareholder provides unified control and management of the company’s affairs.

The company operates under the standard UK private limited company framework, which requires at least one director and permits single-shareholder ownership structures. URSIDACOM LTD’s ownership arrangement is consistent with small UK companies where the founder maintains complete ownership and control. The company’s registered share capital of 1 GBP represents the minimum requirement for UK private limited companies and reflects the company’s operational approach as a dormant entity since incorporation.

5) Financial Position

URSIDACOM LTD has maintained dormant company status since its incorporation on 26 September 2012, consistently filing dormant company accounts annually with Companies House. As a dormant company, URSIDACOM LTD is not engaged in any business activity, does not receive income or profits, and does not incur costs other than administrative fees such as Companies House filing requirements. The company’s most recent accounts were filed for the period ending 30 September 2024, with the next accounts due by 30 June 2026.

The company’s share capital consists of 1 ordinary share with a nominal value of 1 GBP, representing the minimum capital requirement for UK private limited companies. This minimal capitalization reflects the company’s dormant status and indicates that no additional capital has been raised since incorporation. The company has no recorded mortgages, charges, or secured creditors, indicating a clean financial structure without outstanding debt obligations.

URSIDACOM LTD maintains a low credit risk profile that is below the industrial average for its sector. The absence of debt obligations, combined with its dormant status, provides financial flexibility and reduces exposure to interest rate fluctuations or credit facility restrictions that could impact operations. However, the dormant status also means the company generates no revenue or profits, limiting its financial resources to the minimal share capital and any accumulated reserves.

The company’s dormant filing status means it provides limited financial transparency beyond basic statutory requirements. Dormant companies file abbreviated accounts that do not include detailed profit and loss statements or comprehensive balance sheet information typically expected from active companies. This limited financial reporting creates challenges for assessing the company’s true financial position beyond its basic capital structure and dormant status confirmation.

6) Market Position

URSIDACOM LTD operates within the UK software development sector, specifically positioned across three technology market segments according to its Standard Industrial Classification codes: ready-made interactive leisure and entertainment software development (62011), business and domestic software development (62012), and data processing, hosting and related activities (63110). The company’s registered business activities encompass both commercial software development for business applications and entertainment software for consumer markets, alongside data processing and hosting services.

The ready-made interactive leisure and entertainment software development market in the UK includes approximately ten thousand other businesses, indicating URSIDACOM LTD operates within a substantial and established market sector. This large market size suggests significant competition but also demonstrates the scale of potential opportunities within the entertainment software segment. The business and domestic software development sector represents another competitive market with numerous established players serving commercial and individual clients.

However, URSIDACOM LTD’s market position is significantly impacted by its dormant company status maintained since incorporation in 2012. The company’s 13-year dormant period means it has not established market presence, client relationships, or competitive positioning during a period of rapid technological advancement and industry evolution. This dormant status indicates the company has not actively participated in market activities, developed products, or established customer bases that would typically define market position.

The company’s location in Worcestershire provides access to the UK’s established technology infrastructure and talent pool while potentially offering cost advantages compared to London-based competitors. However, without active business operations, URSIDACOM LTD has not leveraged this strategic positioning to develop market share or establish competitive advantages within its registered business sectors.

Should URSIDACOM LTD transition from dormant to active status, it would face significant challenges competing against established market participants with proven track records, existing client bases, and current technology capabilities. The company would need to overcome the disadvantage of having no operational history or market presence in highly competitive technology sectors that have experienced substantial innovation and market evolution during its dormant period.

7) Legal Claims and Actions

Based on a comprehensive review of available regulatory and legal databases, no evidence of legal claims, regulatory actions, enforcement proceedings, sanctions, or criminal violations has been identified against URSIDACOM LTD. This assessment covers searches of UK regulatory authorities, international sanctions databases, and legal enforcement records across multiple jurisdictions.

A systematic search of the Financial Conduct Authority’s enforcement database, which maintains comprehensive records of financial penalties, warning notices, decision notices, and final notices dating back to 2013, revealed no entries for URSIDACOM LTD. The FCA’s Warning List of unauthorised firms, which includes over 16,000 entries of firms operating without proper authorization, does not include URSIDACOM LTD. Similarly, no fines or enforcement actions appear in the FCA’s annual penalty records covering the period from 2013 through 2025.

Searches of the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctions databases, including the Specially Designated Nationals List, Consolidated Sanctions List, and civil penalties enforcement records, returned no matches for URSIDACOM LTD. OFAC maintains comprehensive enforcement records dating back to 2003, with detailed information on 285 enforcement actions, none of which involve URSIDACOM LTD.

The company’s filing history with Companies House demonstrates consistent regulatory compliance since incorporation on 26 September 2012. URSIDACOM LTD has maintained dormant company status throughout its operational history, filing dormant company accounts annually and submitting required confirmation statements without any recorded compliance issues or enforcement actions. The company’s filing record shows no indication of winding-up proceedings, strike-off notices, or other regulatory interventions that would typically be documented in Companies House records.

No evidence was found of involvement in criminal proceedings, regulatory investigations, or civil litigation in UK courts or tribunals. Searches of publicly available legal databases and court records yielded no results connecting URSIDACOM LTD to any legal proceedings, settlements, or judgments. The company does not appear in any published lists of sanctioned entities, regulatory violators, or subjects of enforcement actions maintained by UK or international regulatory bodies.

URSIDACOM LTD’s clean regulatory record aligns with its dormant company status and minimal business activity since incorporation. The company has operated without any identified legal claims, regulatory actions, or enforcement proceedings across its 13-year operational history, maintaining compliance with UK company law requirements throughout this period.

8) Recent Media

A comprehensive media and public records review for the period of 2023 through 2025 found no significant announcements, material developments, or adverse media coverage related to URSIDACOM LTD. The search encompassed regulatory, legal, financial, operational, and reputational categories, yielding no reports of investigations, lawsuits, settlements, or enforcement actions involving the company. No news or allegations concerning environmental, social, and governance (ESG) issues, greenwashing, or related controversies were identified. The review also found no reports of operational incidents, cybersecurity breaches, data disclosures, significant financial events, or fraud. Furthermore, no media coverage, press releases, or public filings were found regarding executive leadership changes, client or mandate losses, strategic announcements, or other reputational matters during the period reviewed.

9) Strengths

Established Business Structure and Regulatory Compliance

URSIDACOM LTD demonstrates strong regulatory compliance through its consistent filing history with Companies House since incorporation in 2012. The company has maintained active status for over 13 years, filing dormant company accounts annually and submitting required confirmation statements without any recorded compliance issues. This track record reflects reliable adherence to UK regulatory requirements and demonstrates operational discipline in meeting statutory obligations.

Diversified Technology Portfolio

URSIDACOM LTD operates across three distinct technology sectors according to its Standard Industrial Classification codes: ready-made interactive leisure and entertainment software development, business and domestic software development, and data processing, hosting and related activities. This diversified business structure positions the company to serve both commercial and consumer markets within the software development industry, providing multiple potential revenue streams and reducing dependency on any single market segment.

Mature Company with Established Market Position

As a company incorporated in 2012, URSIDACOM LTD has demonstrated longevity in the competitive software development sector. The company operates in a field with approximately ten thousand other businesses in ready-made interactive leisure and entertainment software development, indicating its ability to maintain its position within a substantial and established market. This operational history suggests institutional knowledge and experience in navigating market conditions over more than a decade.

Low Credit Risk Profile

URSIDACOM LTD maintains a low credit risk profile that is below the industrial average for its sector. The company has no recorded mortgages, charges, or secured creditors, indicating a clean financial structure without outstanding debt obligations. This debt-free status provides financial flexibility and reduces exposure to interest rate fluctuations or credit facility restrictions that could impact operations.

Simplified Ownership Structure

The company operates under a straightforward ownership structure with Elliott Michael Bear serving as both sole director and sole shareholder with 100% ownership. This unified control structure eliminates potential conflicts between management and ownership, enabling rapid decision-making and strategic implementation without the complexities of multiple stakeholder interests or corporate governance disputes.

Strategic Location in UK Technology Corridor

URSIDACOM LTD is located in Worcestershire, providing access to the UK’s established technology infrastructure and talent pool. The company’s registered office location offers proximity to major UK business centers while potentially benefiting from lower operational costs compared to London-based competitors, providing a strategic advantage in cost-competitive technology markets.

10) Potential Risk Areas for Further Diligence

Dormant Company Status and Operational Uncertainty

URSIDACOM LTD has maintained dormant company status since incorporation in 2012, consistently filing dormant company accounts annually. This dormant status indicates the company is not engaged in any business activity, receiving income or profits, or incurring costs other than administrative fees such as Companies House filing requirements. The sustained dormant status over 13 years raises questions about the company’s actual business operations and strategic direction, particularly given its registered business activities in software development and data processing. Due diligence should examine whether the company’s dormant status reflects genuine inactivity or if there are unreported business activities that could indicate compliance issues or potential regulatory violations.

Single-Person Dependency Risk

URSIDACOM LTD operates under a concentrated ownership and management structure with Elliott Michael Bear serving as the sole director, sole shareholder, and only person with significant control. This concentration creates substantial key person dependency risk, as the company’s entire operational capacity, decision-making authority, and continuity depend on one individual. The lack of succession planning or management depth could pose significant operational and strategic risks, particularly if Bear becomes unavailable or decides to dissolve the company. Due diligence should assess the company’s preparedness for management transitions and evaluate the sustainability of such a concentrated control structure.

Limited Financial Transparency and Reporting

As a dormant company filing minimal annual accounts, URSIDACOM LTD provides limited financial transparency beyond basic statutory requirements. The company’s dormant status means it files abbreviated accounts that do not include detailed profit and loss statements or comprehensive balance sheet information typically expected from active companies. This limited financial reporting creates challenges for assessing the company’s true financial position, cash flows, or potential hidden liabilities. Due diligence should examine whether the company maintains proper financial records despite its dormant status and investigate any undisclosed financial obligations or contingent liabilities.

Regulatory Compliance Monitoring Under Evolving UK Company Law

URSIDACOM LTD operates in a regulatory environment subject to ongoing changes, including enhanced compliance requirements introduced through the Economic Crime and Corporate Transparency Act that became law in October 2023. These changes include new rules for registered office addresses, requirements for registered email addresses, and lawful purpose statements for all companies starting in March 2024. As a dormant company with minimal operational activity, URSIDACOM LTD may face challenges in maintaining awareness of and compliance with evolving regulatory requirements. Due diligence should verify the company’s current compliance status with new UK company law requirements and assess its systems for monitoring future regulatory changes.

Anti-Money Laundering and Financial Crime Risk Assessment

Despite its dormant status, URSIDACOM LTD operates in software development sectors that could potentially be utilized for money laundering or financial crime purposes, particularly given the company’s registered activities in data processing and hosting services. UK Money Laundering Regulations require firms to implement enhanced due diligence measures and conduct ongoing customer monitoring to identify suspicious transactions. The company’s dormant status and lack of apparent business activity could potentially make it an attractive vehicle for illicit financial activities. Due diligence should examine whether the company has appropriate anti-money laundering policies and procedures in place, even during periods of dormancy.

Technology Sector Regulatory Considerations

URSIDACOM LTD’s registered business activities encompass software development for both commercial and entertainment applications, as well as data processing and hosting services. These technology sectors are subject to increasing regulatory scrutiny regarding data protection, cybersecurity, and digital services compliance. Should the company become active, it would need to comply with regulations such as the UK General Data Protection Regulation (UK GDPR), data processing requirements, and potentially emerging artificial intelligence and digital services legislation. Due diligence should assess the company’s preparedness to meet technology sector regulatory requirements if it transitions from dormant to active status.

Market Competition and Industry Positioning Risks

URSIDACOM LTD operates in a highly competitive software development market with approximately ten thousand other businesses in ready-made interactive leisure and entertainment software development. The company’s 13-year dormant period means it has not established market presence, client relationships, or competitive positioning during a period of rapid technological advancement and industry evolution. Should the company seek to activate its business operations, it would face significant challenges competing against established market participants with proven track records, existing client bases, and current technology capabilities.

Financial Institution Due Diligence Requirements

Financial institutions conducting due diligence on URSIDACOM LTD would need to implement enhanced customer due diligence (CDD) procedures, including identity verification, beneficial ownership assessment, and ongoing monitoring requirements. The company’s dormant status and limited operational history could trigger additional scrutiny under anti-money laundering regulations, requiring financial institutions to understand the nature and purpose of any business relationships and conduct risk-based assessments. Due diligence should examine whether the company can provide adequate documentation and transparency to meet financial institution onboarding requirements.

Sources

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