CHANGESPACE LIMITED

💤Zombieactive
08752808 · ltd · incorporated 2013-10-29
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
year to Oct 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31

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
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-10-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-10-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-07-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2018-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2017-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2017-08-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-09-01
    LIGHTBOWN, Matthew John appointed
    director
  18. 2016-09-01
    LIGHTBOWN, Samantha Jane resigned
    director
  19. 2013-10-29
    🏢
    Company incorporated
    As CHANGESPACE LIMITED
  20. 2013-10-29
    LIGHTBOWN, Samantha Jane appointed
    director

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Matthew John Lightbown
Individual · British · DOB 10/1974 · age 52
75100%
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
Incorporated2013-10-29
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

2 Upton Road
Birkenhead
CH41 0DF
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29

Officers (1 active · 1 resigned)

LIGHTBOWN, Matthew John
director · ~52y · appointed 2016-09-01
View their other companies + combined net worth →
Active
LIGHTBOWN, Samantha Jane
director · ~45y · appointed 2013-10-29 · resigned 2016-09-01
Resigned

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

Recent filings (37 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-29