1623 THEATRE COMPANY LIMITED
🌳Matureactive
07925024 · private-limited-guarant-nsc · incorporated 2012-01-26
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
—
year to Mar 2025
Net worth
£-471
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
41 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £471
Net assets shrinking
Down £2,429 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£471
↓ 124% YoY
Current Assets
£5k
↑ 68% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-471 | £2.0k |
| Current assets | £5.0k | £3.0k |
| Net assets | £-471 | £2.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-08➖GIRDHAM, Samantha, Mx resigneddirector
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-04➕BROWN, James William appointeddirector
- 2022-03-04➕GIRDHAM, Samantha, Mx appointeddirector
- 2022-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-31➖LYDON, Christopher Andrew resigneddirector
- 2020-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-08-28➖BUSS, Adam Lloyd resigneddirector
- 2012-04-18➕BUSS, Adam Lloyd appointeddirector
- 2012-01-26🏢Company incorporatedAs 1623 THEATRE COMPANY LIMITED
- 2012-01-26➕SPILLER, Benjamin William appointeddirector
- 2012-01-26➕LYDON, Christopher Andrew appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Benjamin William Spiller Individual · British · DOB 10/1978 · age 48 | — | 25–50% | 25-50% voting | 06/04/2016 |
Mr James William Brown Individual · British · DOB 02/1985 · age 41 | — | — | board controlboard control | 04/03/2022 |
2 historic (ceased) PSCs
- Mx Samantha Girdhamceased 08/02/2026· board control
- Mr Christopher Andrew Lydonceased 31/03/2021· 25-50% voting
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 · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMBER VALLEY TRAINING LTD→ 07093275 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ANDIAMO PERFORMANCE LIMITED→ 16169447 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDREW SULLIVAN PROMOTIONS LTD→ 07772894 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANDY KING RIGGING LTD→ 13493321 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AOTG SPORT LTD→ 16041564 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APOLLO EVENTS LIVE LIMITED→ 16399311 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APPLIED MARTIAL ARTS ACADEMY LTD→ 13371103 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCADIAN MARINADES LTD→ 12094216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARCHIE LOVATT RACING LIMITED→ 12876414 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARIYA→ 06988447 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARK FINE ART LIMITED→ 15651745 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARLT LIFESTYLE GROUP LTD→ 16405696 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Typeprivate-limited-guarant-nsc
Incorporated2012-01-26
Jurisdictionengland-wales
Primary SIC90010 — Performing arts
Registered office
Quad Market Place
Cathedral Quarter
Derby
DE1 3AS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26
Officers (2 active · 3 resigned)
BROWN, James William→
Activedirector · ~41y · appointed 2022-03-04
View their other companies + combined net worth →
SPILLER, Benjamin William→
Activedirector · ~48y · appointed 2012-01-26
View their other companies + combined net worth →
BUSS, Adam Lloyd→
Resigneddirector · ~47y · appointed 2012-04-18 · resigned 2014-08-28
GIRDHAM, Samantha, Mx→
Resigneddirector · ~54y · appointed 2022-03-04 · resigned 2026-02-08
LYDON, Christopher Andrew→
Resigneddirector · ~42y · appointed 2012-01-26 · resigned 2021-03-31
Click a director name to see their full track record across all companies.
Recent filings (41 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-09
termination-director-company-with-name-termination-date
officers · TM01
2026-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-04
appoint-person-director-company-with-name-date
officers · AP01
2022-03-04
change-person-director-company-with-change-date
officers · CH01
2022-03-04
appoint-person-director-company-with-name-date
officers · AP01
2022-03-04