ALTERED SPACE LIMITED

🌳Matureactive
NI632442 · ltd · incorporated 2015-07-15
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window steady · low confidence
Asset base steady — strong defensive profile, no urgency cue.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
37 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.

Recent activity

Last 30 days
0
filings
Last 90 days
5
filings
  • • 3 officers
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
5
filings
  • • 3 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-14
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-08-14
    📄
    capital-alter-shares-subdivision
    capital · SH02
  8. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-08-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-08-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-01-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-03
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2020-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-07-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-07-01
    ➕
    REBBECK, Mark Edward appointed
    director
  20. 2019-07-01
    ➖
    QUINN, William Paul resigned
    director
  21. 2019-07-01
    ➕
    REBBECK, Mark appointed
    director
  22. 2019-07-01
    ➖
    REBBECK, Mark resigned
    director
  23. 2015-07-15
    🏢
    Company incorporated
    As ALTERED SPACE LIMITED
  24. 2015-07-15
    ➕
    BROWN, Michael James appointed
    director
  25. 2015-07-15
    ➕
    QUINN, William Paul appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mark Edward Rebbeck
Individual · British · DOB 05/1968 · age 58
——sig. influencesignificant influence01/07/2019
Mr Michael James Brown
Individual · British · DOB 09/1974 · age 52
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr William Paul Quinnceased 01/07/2019· 25-50% shares · 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 →

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2015-07-15
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

4a Enterprise Road
Bangor
County Down
BT19 7TA
Northern Ireland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (2 active · 2 resigned)

BROWN, Michael James→
director · ~52y · appointed 2015-07-15
View their other companies + combined net worth →
Active
REBBECK, Mark Edward→
director · ~58y · appointed 2019-07-01
View their other companies + combined net worth →
Active
QUINN, William Paul→
director · ~58y · appointed 2015-07-15 · resigned 2019-07-01
Resigned
REBBECK, Mark→
director · ~58y · appointed 2019-07-01 · resigned 2019-07-01
Resigned

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

Recent filings (37 total)

replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-25
appoint-person-director-company-with-name-date
officers · AP01
2026-03-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-20
capital-alter-shares-subdivision
capital · SH02
2025-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-19