CITIZEN SPRITZ LIMITED
🌿Early-stageactive
13650755 · ltd · incorporated 2021-09-29
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£37.1k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: SIC 11070
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £37,112
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£37k
Current Assets
£94k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 |
|---|---|
| Total assets | £192.9k |
| Current assets | £94.0k |
| Net assets | £37.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-06-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2026-02-27📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-07➖GOULD, Mark Linden resigneddirector
- 2026-01-07➖PORTER, Joanne Louise resigneddirector
- 2026-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-08📄resolutionresolution · RESOLUTIONS
- 2023-11-28📄capital-allotment-sharescapital · SH01
- 2023-08-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-21✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-03-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-21📄capital-allotment-sharescapital · SH01
- 2022-02-21📄resolutionresolution · RESOLUTIONS
- 2022-01-10➕BAGSHAW, Lynsey Kate appointeddirector
- 2022-01-10➕PORTER, Joanne Louise appointeddirector
- 2021-09-29🏢Company incorporatedAs CITIZEN SPRITZ LIMITED
- 2021-09-29➕BAGSHAW, Michael Alexander appointeddirector
- 2021-09-29➕GOULD, Mark Linden appointeddirector
- 2021-09-29📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GOULD, Mark Linden resigned 2026-01-07; PORTER, Joanne Louise resigned 2026-01-07
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Alexander Bagshaw Individual · British · DOB 07/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 29/09/2021 |
1 historic (ceased) PSC
- Mark Linden Gouldceased 07/01/2026· 25-50% shares · 25-50% voting · board control
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 · Food & drink · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BOND BREWS LTD→ 09638800 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BRAZILIAN STREET FOOD LIMITED→ 14855615 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BREACH FARM BREWING LTD→ 12545435 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BREW CREW COFFEE LIMITED→ 13393765 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CB PATCH LTD→ 16059397 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHAOS AND CAKES LTD→ 14860701 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHOCCABOX LIMITED→ 12302499 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CIAO TO BE CONTINUED LTD→ 14911809 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CJDK LTD.→ 16233890 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CLASADO LIMITED→ 05268862 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| COATES AND SEELY LIMITED→ 06676717 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| COLOURFUL OUTBURSTS LIMITED→ 10744076 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2021-09-29
Jurisdictionengland-wales
Primary SIC11070 — SIC 11070
Registered office
Flavour Foundry
Abex Road
Newbury
Berkshire
RG14 5EY
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17
Officers (2 active · 2 resigned)
BAGSHAW, Lynsey Kate→
Activedirector · ~48y · appointed 2022-01-10
View their other companies + combined net worth →
BAGSHAW, Michael Alexander→
Activedirector · ~49y · appointed 2021-09-29
View their other companies + combined net worth →
GOULD, Mark Linden→
Resigneddirector · ~61y · appointed 2021-09-29 · resigned 2026-01-07
PORTER, Joanne Louise→
Resigneddirector · ~52y · appointed 2022-01-10 · resigned 2026-01-07
Click a director name to see their full track record across all companies.
Recent filings (22 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-06-30
change-person-director-company-with-change-date
officers · CH01
2026-02-27
termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-31
resolution
resolution · RESOLUTIONS
2023-12-08
capital-allotment-shares
capital · SH01
2023-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-08