BLACK ISLAND STUDIOS LIMITED
🌳Matureactive
02600089 · ltd · incorporated 1991-04-10
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
—
not disclosed
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 68/100 (strong), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 7 lenders · oldest 25.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 25.7 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 16 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
204 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 mortgage
Last 180 days
5
filings
- • 2 officers
- • 1 mortgage
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (84 events)Click to expand
- 2026-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-22🔒Charge registered #12Lender: Siena Lending Group Llc
- 2026-04-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-21📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2026-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-01➖SNYDER, Kimberly Ann resigneddirector
- 2025-07-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-10📄legacyaccounts · PARENT_ACC
- 2025-07-10📄legacyother · GUARANTEE2
- 2025-07-10📄legacyother · AGREEMENT2
- 2025-05-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-08🔓Charge satisfied #10
- 2025-05-08🔓Charge satisfied #9
- 2025-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-02🔒Charge registered #11Lender: Great Rock Capital Partners Management, Llc (As Agent) (as Defined in the Instrument)
- 2024-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-30➕CHANNER, Michele Caron appointeddirector
- 2024-06-30➖FURSSEDONN, Mark Vincent resigneddirector
- 2024-06-12📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-05-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-05-17📄legacyaccounts · PARENT_ACC
- 2024-05-17📄legacyother · GUARANTEE2
- 2024-05-17📄legacyother · AGREEMENT2
- 2024-05-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-03-13🔒Charge registered #10Lender: Bank of America, N.A.
- 2022-12-09🔒Charge registered #9Lender: Bank of America, N.A.
- 2022-08-29🔒Charge registered #8Lender: Alter Domus (Us) Llc
- 2020-11-04🔓Charge satisfied #6
- 2020-11-04🔓Charge satisfied #5
- 2020-11-04🔓Charge satisfied #4
- 2020-10-29🔒Charge registered #7Lender: Alter Domus (Us) Llc
- 2020-09-30➖ALLEN, Jeffrey Thomas resigneddirector
- 2020-09-30➕FURSSEDONN, Mark Vincent appointeddirector
- 2020-02-18🔒Charge registered #6Lender: Bank of America, N.A.
- 2018-07-31➕KALSEY, Jasminder Singh appointeddirector
- 2018-03-31➖GIUDICI, Steven resigneddirector
- 2016-12-31➖BOSTON, Derrick Osmond resigneddirector
- 2016-06-03🔒Charge registered #5Lender: Bank of America, N.A.
- 2016-02-22➖SAVJANI, Snehal resigneddirector
- 2016-02-11🔓Charge satisfied #3
- 2016-02-05🔒Charge registered #4Lender: Bank of America, N.A.
- 2013-06-26➕ALLEN, Jeffrey Thomas appointeddirector
- 2013-06-26➕BOSTON, Derrick Osmond appointeddirector
- 2013-06-26➖SMITH, Steven resigneddirector
- 2013-06-26➕SNYDER, Kimberly Ann appointeddirector
Showing most recent 50 of 84 events
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Afm Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Afm Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
BLACK ISLAND STUDIOS LIMITED
This company · 02600089
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 |
|---|---|---|---|---|
Afm Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Leisure & entertainment · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BASINGSTOKE BOXING CLASSES LTD→ 16221476 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BB THEATRE PRODUCTIONS LTD→ 09906516 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BE SPORTS MARKETING LTD→ 16427017 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BERKSHIRE BALLROOM LIMITED→ 12294200 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BERKSHIRE PRINTMAKERS LTD→ 14938977 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BERKSHIREFURS CIC→ 15611284 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BIBLICAL LIFE LTD→ 16448810 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIG B ENTERTAINMENT LTD→ 14741243 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BIG GRANDMA ENERGY LTD→ 16117717 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BINFIELD 10K CIC→ 12172393 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLACKEYED THEATRE LTD→ 09340449 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BLANK CANVAS ENTERTAINMENT LIMITED→ 08711922 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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.
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
Incorporated1991-04-10
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation
Registered office
4th Floor Aquis House
Blagrave Street
Reading
RG1 1PL
England
Filing status
Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21
Officers (3 active · 19 resigned)
PITSEC LIMITED→
Activecorporate-secretary · appointed 2010-05-15
View their other companies + combined net worth →
CHANNER, Michele Caron→
Activedirector · ~62y · appointed 2024-06-30
View their other companies + combined net worth →
KALSEY, Jasminder Singh→
Activedirector · ~52y · appointed 2018-07-31
View their other companies + combined net worth →
HALL, Norman→
Resignedsecretary · appointed 1991-04-10 · resigned 1999-06-10
HURDLE, Nigel Edward→
Resignedsecretary · appointed 2007-02-23 · resigned 2010-05-15
WILSON, Allan Ross→
Resignedsecretary · appointed 1999-06-10 · resigned 2007-02-23
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-04-10 · resigned 1991-04-10
ALLEN, Jeffrey Thomas→
Resigneddirector · ~73y · appointed 2013-06-26 · resigned 2020-09-30
AMES, Richard John→
Resigneddirector · ~74y · appointed 1991-04-10 · resigned 1993-10-15
BOSTON, Derrick Osmond→
Resigneddirector · ~62y · appointed 2013-06-26 · resigned 2016-12-31
FURSSEDONN, Mark Vincent→
Resigneddirector · ~61y · appointed 2020-09-30 · resigned 2024-06-30
GIUDICI, Steven→
Resigneddirector · ~72y · appointed 1999-10-01 · resigned 2018-03-31
GIUDICI, Steven→
Resigneddirector · ~72y · appointed 1993-10-15 · resigned 1999-06-10
HALL, Norman→
Resigneddirector · ~74y · appointed 1991-04-10 · resigned 1999-06-10
HEUSCH, Russell→
Resigneddirector · ~66y · appointed 1999-10-01 · resigned 2008-08-18
HURDLE, Nigel Edward→
Resigneddirector · ~73y · appointed 2007-02-23 · resigned 2010-05-15
MARTIN, Andrew Francis→
Resigneddirector · ~67y · appointed 1999-06-10 · resigned 2008-03-14
SAVJANI, Snehal→
Resigneddirector · ~60y · appointed 2008-08-18 · resigned 2016-02-22
SMITH, Steven→
Resigneddirector · ~60y · appointed 1999-06-10 · resigned 2013-06-26
SNYDER, Kimberly Ann→
Resigneddirector · ~64y · appointed 2013-06-26 · resigned 2026-01-01
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
4
Outstanding
3
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Siena Lending Group Siena Lending Group Llc | A registered charge | 1 property | 22/04/2026 | — | |
| outstanding | Great Rock Capital Partners Management, (As Agent) (as Defined in the Instrument) Great Rock Capital Partners Management, Llc (As Agent) (as Defined in the Instrument) | A registered charge | — | 02/05/2025 | — | |
| satisfied | Bank of America, N.A. | A registered charge | — | 13/03/2023 | 08/05/2025 | |
| satisfied | Bank of America, N.A. | A registered charge | 1 property | 09/12/2022 | 08/05/2025 | |
| outstanding | Alter Domus (Us) Alter Domus (Us) Llc | A registered charge | 1 property | 29/08/2022 | — | |
| outstanding | Alter Domus (Us) Alter Domus (Us) Llc | A registered charge | 1 property | 29/10/2020 | — | |
| satisfied | Bank of America, N.A. | A registered charge | 1 property | 18/02/2020 | 04/11/2020 | |
| satisfied | Bank of America, N.A. | A registered charge | — | 03/06/2016 | 04/11/2020 | |
| satisfied | Bank of America, N.A. | A registered charge | 2 properties | 05/02/2016 | 04/11/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 29/10/2009 | 11/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 26/10/2000 | 15/09/2012 | |
| satisfied | 3I Group 3I Group PLC | Debenture | 1 property | 26/10/2000 | 22/03/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (204 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-03
change-corporate-secretary-company-with-change-date
officers · CH04
2026-03-21
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-10
legacy
accounts · PARENT_ACC
2025-07-10
legacy
other · GUARANTEE2
2025-07-10
legacy
other · AGREEMENT2
2025-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
change-person-director-company-with-change-date
officers · CH01
2024-07-02