FINESPARK (HORSHAM) LIMITED

💤Zombieactive
02679374 · ltd · incorporated 1992-01-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 32.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 32.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
25 officers (1 active, 25 linked, 19 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
198 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
  1. 2025-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-07-14
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  3. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  4. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  5. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2025-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2025-05-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-04-01
    ➕
    TICHIAS, Ian Alan appointed
    director
  13. 2025-03-31
    ➖
    HUTCHINSON, Eric George resigned
    director
  14. 2025-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2025-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2025-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2025-02-21
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  18. 2025-02-21
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  19. 2025-02-21
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  20. 2025-02-21
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  21. 2025-02-21
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  22. 2025-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  23. 2025-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  24. 2025-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  25. 2025-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  26. 2025-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  27. 2023-08-21
    ➖
    BEDFORD, David Michael resigned
    director
  28. 2023-08-21
    ➕
    HUTCHINSON, Eric George appointed
    director
  29. 2023-06-20
    ➖
    WAKES, Angela resigned
    secretary
  30. 2023-05-12
    ➖
    WESTGARTH, Lee George resigned
    director
  31. 2022-11-14
    ➕
    BEDFORD, David Michael appointed
    director
  32. 2019-12-31
    ➖
    MALLEY, Christopher John resigned
    director
  33. 2019-12-31
    ➕
    WESTGARTH, Lee George appointed
    director
  34. 2019-10-04
    ➖
    COLE, Richard Andrew resigned
    secretary
  35. 2019-10-04
    ➕
    WAKES, Angela appointed
    secretary
  36. 2019-07-29
    ➕
    COLE, Richard Andrew appointed
    secretary
  37. 2019-07-29
    ➖
    OTTAWAY, Richard John resigned
    secretary
  38. 2019-07-29
    ➖
    OTTAWAY, Richard John resigned
    director
  39. 2018-03-31
    ➖
    BROOKSBANK, Robert James resigned
    director
  40. 2018-03-31
    ➕
    MALLEY, Christopher John appointed
    director
  41. 2015-03-31
    ➖
    COOK, Eric resigned
    secretary
  42. 2015-03-31
    ➕
    OTTAWAY, Richard John appointed
    secretary
  43. 2015-03-31
    ➖
    COOK, Eric resigned
    director
  44. 2015-03-31
    ➕
    OTTAWAY, Richard John appointed
    director
  45. 2013-03-27
    ➖
    WILLIAMSON, Ian resigned
    director
  46. 2010-08-31
    ➖
    WARD, Patrick Nigel resigned
    director
  47. 2006-08-29
    ➕
    COOK, Eric appointed
    secretary
  48. 2006-08-29
    ➖
    POTTAGE, Shaun David resigned
    secretary
  49. 2006-08-29
    ➕
    BROOKSBANK, Robert James appointed
    director
  50. 2006-08-29
    ➕
    COOK, Eric appointed
    director
Showing most recent 50 of 73 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Carclo Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Carclo Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FINESPARK (HORSHAM) LIMITED
This company · 02679374

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%
NameSharesVoting rightsNature of controlNotified
Carclo Plc
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated1992-01-21
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

47 Wates Way
Mitcham
Surrey
CR4 4HR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (1 active · 24 resigned)

TICHIAS, Ian Alan→
director · ~57y · appointed 2025-04-01
View their other companies + combined net worth →
Active
COLE, Richard Andrew→
secretary · appointed 2019-07-29 · resigned 2019-10-04
Resigned
COOK, Eric→
secretary · appointed 2006-08-29 · resigned 2015-03-31
Resigned
MASON, Alan→
secretary · resigned 2001-03-31
Resigned
OTTAWAY, Richard John→
secretary · appointed 2015-03-31 · resigned 2019-07-29
Resigned
POTTAGE, Shaun David→
secretary · appointed 2001-03-31 · resigned 2006-08-29
Resigned
WAKES, Angela→
secretary · appointed 2019-10-04 · resigned 2023-06-20
Resigned
BEDFORD, David Michael→
director · ~58y · appointed 2022-11-14 · resigned 2023-08-21
Resigned
BROOKSBANK, Robert James→
director · ~60y · appointed 2006-08-29 · resigned 2018-03-31
Resigned
COOK, Eric→
director · ~71y · appointed 2006-08-29 · resigned 2015-03-31
Resigned
HAYLLAR, Colin→
director · ~81y · resigned 2002-06-01
Resigned
HIBBS, Gerald→
director · ~77y · resigned 2002-03-01
Resigned
HUTCHINSON, Eric George→
director · ~71y · appointed 2023-08-21 · resigned 2025-03-31
Resigned
KURWIE, Tiessir Shhab→
director · ~75y · appointed 2000-12-02 · resigned 2002-05-17
Resigned
MALLEY, Christopher John→
director · ~59y · appointed 2018-03-31 · resigned 2019-12-31
Resigned
MASON, Alan→
director · ~87y · resigned 2001-03-31
Resigned
MAWE, Christopher→
director · ~64y · appointed 2000-12-02 · resigned 2004-02-29
Resigned
OTTAWAY, Richard John→
director · ~55y · appointed 2015-03-31 · resigned 2019-07-29
Resigned
POTTAGE, Shaun David→
director · ~58y · appointed 2001-03-31 · resigned 2006-08-28
Resigned
SALT, Roger→
director · ~68y · appointed 2000-12-02 · resigned 2003-07-11
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Midland Bank
Midland Bank PLC
Debenture1 property24/09/1999—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property21/04/199406/11/2000
satisfied
3I Group
3I Group PLC
Collateral debenture1 property14/01/199406/11/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (198 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-dormant
accounts · AA
2025-10-24
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-07-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-05-22
change-person-director-company-with-change-date
officers · CH01
2025-05-19
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-03-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-03-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2025-03-18