1SPATIAL PLC
🌳Matureactive
05429800 · plc · incorporated 2005-04-20
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (48/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 19.9y
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 19.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (61/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
48 officers (5 active, 48 linked, 35 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
306 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
13
filings
- • 7 officers
- • 2 persons-with-significant-control
- • 1 miscellaneous
Last 180 days
15
filings
- • 7 officers
- • 3 capital
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (128 events)Click to expand
- 2026-05-07📄court-ordermiscellaneous · OC
- 2026-05-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-05-05📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2026-04-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-29➕SCHMIDT, Jens appointedsecretary
- 2026-04-29➕BERRY, Andrew appointeddirector
- 2026-04-29➕SMITH, Richard Paul appointeddirector
- 2026-04-29➖WALLACE, Susan Margaret resignedsecretary
- 2026-04-29➖MASSEY, Peter John resigneddirector
- 2026-04-29➖ROBERTS, Andrew Henry resigneddirector
- 2026-04-29➖SMALL, Francis David resigneddirector
- 2026-04-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-04-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-04-28📄capital-allotment-sharescapital · SH01
- 2026-03-30📄resolutionresolution · RESOLUTIONS
- 2026-03-16📄capital-cancellation-shares-by-plccapital · SH07
- 2026-01-02📄capital-allotment-sharescapital · SH01
- 2025-12-22📄capital-allotment-sharescapital · SH01
- 2025-11-07📄capital-allotment-sharescapital · SH01
- 2025-11-07📄capital-allotment-sharescapital · SH01
- 2025-11-07📄capital-allotment-sharescapital · SH01
- 2025-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-07📄capital-allotment-sharescapital · SH01
- 2025-07-31📄capital-allotment-sharescapital · SH01
- 2025-05-20➖HARBER, Ben resignedsecretary
- 2025-05-20➕WALLACE, Susan Margaret appointedsecretary
- 2024-06-27➕HARBER, Ben appointedsecretary
- 2024-06-27➖WALLACE, Susan Margaret resignedsecretary
- 2022-12-19➕RITCHIE, Stuart William appointeddirector
- 2022-12-19➖FABIAN, Andrew Mark resigneddirector
- 2022-06-22🔒Charge registered #7Lender: National Westminster Bank PLC
- 2020-06-16➕FABIAN, Andrew Mark appointeddirector
- 2020-06-16➖PAYNE, Nicole resigneddirector
- 2019-07-26🔓Charge satisfied #5
- 2019-07-05🔓Charge satisfied #6
- 2018-07-10➕MASSEY, Peter John appointeddirector
- 2018-03-14➖HABGOOD, Nicholas John resigneddirector
- 2018-03-13🔓Charge satisfied #4
- 2017-08-01➕SMALL, Francis David appointeddirector
- 2017-06-16➖MILVERTON, Claire resignedsecretary
- 2017-06-16➕WALLACE, Susan Margaret appointedsecretary
- 2017-03-13➕PAYNE, Nicole appointeddirector
- 2017-01-31➖SANDERSON, Michael Stephen, Dr resigneddirector
Showing most recent 50 of 128 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
53/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·4 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: WALLACE, Susan Margaret resigned 2026-04-29; MASSEY, Peter John resigned 2026-04-29; ROBERTS, Andrew Henry resigned 2026-04-29
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
Vertigis Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vertigis Ltd
Corporate parent · holds 75-100% shares
⬇
1SPATIAL PLC
This company · 05429800
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 |
|---|---|---|---|---|
Vertigis Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/04/2026 |
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
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Typeplc
Incorporated2005-04-20
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities
Registered office
Unit F7 Stirling House Cambridge Innovation Park
Denny End Road, Waterbeach
Cambridge
Cambridgeshire
CB25 9PB
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20
Officers (5 active · 43 resigned)
Active
BERRY, Andrew→
Activedirector · ~56y · appointed 2026-04-29
View their other companies + combined net worth →
MILVERTON, Claire→
Activedirector · ~52y · appointed 2010-05-20
View their other companies + combined net worth →
RITCHIE, Stuart William→
Activedirector · ~47y · appointed 2022-12-19
View their other companies + combined net worth →
SMITH, Richard Paul→
Activedirector · ~62y · appointed 2026-04-29
View their other companies + combined net worth →
HARBER, Ben→
Resignedsecretary · appointed 2024-06-27 · resigned 2025-05-20
HAWKES, Michael Gwyn→
Resignedsecretary · appointed 2005-06-14 · resigned 2005-11-18
MILVERTON, Claire→
Resignedsecretary · appointed 2015-09-18 · resigned 2017-06-16
NEALE, Duncan John→
Resignedsecretary · appointed 2006-09-04 · resigned 2009-07-15
TRUE, James→
Resignedsecretary · appointed 2005-04-20 · resigned 2005-07-04
WALLACE, Susan Margaret→
Resignedsecretary · appointed 2025-05-20 · resigned 2026-04-29
WALLACE, Susan Margaret→
Resignedsecretary · appointed 2017-06-16 · resigned 2024-06-27
EVERSECRETARY LIMITED→
Resignedcorporate-secretary · appointed 2005-04-20 · resigned 2005-04-20
LONDON REGISTRARS P.L.C.→
Resignedcorporate-secretary · appointed 2009-07-15 · resigned 2010-12-09
ST JOHNS SQUARE SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2010-12-09 · resigned 2015-09-18
ARROWSMITH, Robert George→
Resigneddirector · ~74y · appointed 2010-04-27 · resigned 2010-05-20
BATTLES, Mark Barney→
Resigneddirector · ~60y · appointed 2010-07-26 · resigned 2013-05-21
BEKHOR, Jack Anthony→
Resigneddirector · ~57y · appointed 2005-04-20 · resigned 2008-03-18
BERRY, Stephen Ronald→
Resigneddirector · ~72y · appointed 2011-11-25 · resigned 2015-02-02
CLAYDON, Jonathan Kent→
Resigneddirector · ~65y · appointed 2005-05-26 · resigned 2010-04-27
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
2
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/06/2022 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 15/03/2016 | 05/07/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 11/06/2013 | 26/07/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/10/2009 | 13/03/2018 | |
| satisfied | Morgan Benjamin (In Administration) Morgan Benjamin Limited (In Administration) | Debenture | 1 property | 09/09/2009 | 28/01/2011 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited as Security Trustee | Debenture | 1 property | 03/08/2009 | 07/04/2011 | |
| outstanding | Vernon Street Property Vernon Street Property Limited | Rent deposit deed | 1 property | 18/07/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (306 total)
court-order
miscellaneous · OC
2026-05-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-05-06
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-05-05
appoint-person-director-company-with-name-date
officers · AP01
2026-04-30
appoint-person-director-company-with-name-date
officers · AP01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-29
appoint-person-secretary-company-with-name-date
officers · AP03
2026-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
capital-allotment-shares
capital · SH01
2026-04-28
resolution
resolution · RESOLUTIONS
2026-03-30
capital-cancellation-shares-by-plc
capital · SH07
2026-03-16
capital-allotment-shares
capital · SH01
2026-01-02