CHANGES PLUS LTD
🌳Matureactive
09428732 · ltd · incorporated 2015-02-09
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 Feb 2025
Net worth
£-6.2k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £6,223
Net assets shrinking
Down £12,156 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
Net Worth
-£6k
↓ 205% YoY
Current Assets
£2k
↓ 63% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £-6.2k | £5.6k |
| Current assets | £2.3k | £6.3k |
| Cash | £2.1k | — |
| Debtors | £260 | — |
| Net assets | £-6.2k | £5.9k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-26➖MUNRO, James Stuart resigneddirector
- 2023-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-01➕MUNRO, James Stuart appointeddirector
- 2023-03-21➕CARTER, Dorothy Anne appointeddirector
- 2023-03-21➕WALKER, Robert appointeddirector
- 2023-03-21➖MILLAR, Keith resigneddirector
- 2023-03-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-02➖WALKER, James Robert resigneddirector
- 2020-11-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-10➕MILLAR, Keith appointeddirector
- 2020-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-01➖MELLOR, Peter Robert resigneddirector
- 2015-02-09🏢Company incorporatedAs CHANGES PLUS LTD
- 2015-02-09➕MELLOR, Peter Robert appointeddirector
- 2015-02-09➕WALKER, James Robert appointeddirector
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 82 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Walker Individual · British · DOB 02/1956 · age 70 | 75–100% | — | 75-100% shares | 21/03/2023 |
2 historic (ceased) PSCs
- Mr Peter Robert Mellorceased 21/03/2023· 25-50% shares
- Mr James Robert Walkerceased 02/08/2021· 75-100% shares
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 · Education & training · CW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADVENTURE WELLBEING SCHOOLS LTD→ 15070584 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AUTSUPPORT COMMUNITY INTEREST COMPANY→ 16463056 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEEHIVE EDUCATIONAL AND CHILD PSYCHOLOGY SERVICE LTD→ 12585055 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BJJKO JU-JITSU AND KOBUDO ORGANISATION LTD→ 12261955 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLACK CAT COLLECTIVE LTD→ 13430162 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BLOOM & BIRTH CHESHIRE LTD→ 14193975 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BULGARCHE LTD→ 11926119 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CANOPY TRAINING GROUP LTD→ 16088523 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CDS TRAINING ACADEMY LTD→ 15731622 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHANCERY MULTI ACADEMY TRUST→ 11024808 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CHARLES ROSE HAIR LIMITED→ 16366370 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CHESHIRE ACADEMIES TRUST→ 08108086 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2015-02-09
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.
Registered office
74 Welles Street
Sandbach
CW11 1GU
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21
Officers (2 active · 4 resigned)
CARTER, Dorothy Anne→
Activedirector · ~82y · appointed 2023-03-21
View their other companies + combined net worth →
WALKER, Robert→
Activedirector · ~70y · appointed 2023-03-21
View their other companies + combined net worth →
MELLOR, Peter Robert→
Resigneddirector · ~67y · appointed 2015-02-09 · resigned 2017-04-01
MILLAR, Keith→
Resigneddirector · ~62y · appointed 2020-11-10 · resigned 2023-03-21
MUNRO, James Stuart→
Resigneddirector · ~67y · appointed 2023-06-01 · resigned 2024-05-26
WALKER, James Robert→
Resigneddirector · ~33y · appointed 2015-02-09 · resigned 2021-08-02
Click a director name to see their full track record across all companies.
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
appoint-person-director-company-with-name-date
officers · AP01
2023-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-21
appoint-person-director-company-with-name-date
officers · AP01
2023-03-21
appoint-person-director-company-with-name-date
officers · AP01
2023-03-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-21
termination-director-company-with-name-termination-date
officers · TM01
2023-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26