APPSCAPE LTD
💤Zombieactive
11620873 · ltd · incorporated 2018-10-12
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 2025
Net worth
£455.1k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 47421
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 0.7y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 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
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £455,106
Cash YoY
+65%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£534k
↑ 65% YoY
Net Worth
£455k
↑ 60% YoY
Current Assets
£716k
↑ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £502.1k | £341.0k |
| Current assets | £715.9k | £501.2k |
| Cash | £534.1k | £324.6k |
| Debtors | £181.8k | £176.6k |
| Net assets | £455.1k | £284.5k |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-14🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2025-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-12🏢Company incorporatedAs APPSCAPE LTD
- 2018-10-12➕APPS, Robert David appointeddirector
- 2018-10-12📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "APPS" — strong identity link between founder and business.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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
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 Robert David Apps Individual · British · DOB 03/1980 · age 46 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 12/10/2018 |
Mrs Davina Apps Individual · British · DOB 01/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/01/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · TN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANGLING AMBITIONS LIMITED→ 04387557 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| APPLE TREE PURCHASE AND SALES LIMITED→ 13565477 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| APPLEYARDS BUTCHERS LIMITED→ 05508173 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AQIRO LIMITED→ 16173037 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AQUILA DATA LIMITED→ 06993047 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARCHERS OF WESTFIELD LIMITED→ 05408196 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ARCHITECTS HOLIDAY LTD→ 12958211 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARDICURE LTD→ 15741939 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AREA D SPORT LIMITED→ 16751942 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AREACHECK123 LIMITED→ 06792243 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ARIICA LIMITED→ 16031004 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARITIA LTD→ 13457122 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2018-10-12
Jurisdictionengland-wales
Primary SIC47421 — SIC 47421
Registered office
7 Ashdown Close
St Leonards On Sea
East Sussex
TN38 9SP
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11
Officers (1 active · 0 resigned)
APPS, Robert David→
Activedirector · ~46y · appointed 2018-10-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 14/10/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-29