DISCOVER SPACE UK LTD.

💤Zombieactive
SC499199 · ltd · incorporated 2015-03-02
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 Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 51220
Sector: Transportation & storage
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: 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
8 officers (1 active, 8 linked, 8 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
50 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-05-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-05-05
    ➖
    COOK, David resigned
    director
  6. 2024-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-09-01
    ➖
    BOYD, Innes resigned
    director
  10. 2024-09-01
    ➖
    CANE, Rosemary Charlotte resigned
    director
  11. 2024-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-03-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2023-03-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-03-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-03-04
    ➕
    CANE, Rosemary Charlotte appointed
    director
  17. 2023-03-01
    ➖
    MONTAG, Charlotte Victoria resigned
    director
  18. 2022-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-10-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-09-27
    ➕
    BOYD, Innes appointed
    director
  22. 2022-09-27
    ➖
    MCNAIR, Cameron resigned
    director
  23. 2022-09-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  24. 2022-05-04
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  25. 2022-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  26. 2022-05-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  27. 2022-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  28. 2022-05-03
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  29. 2022-01-10
    ➕
    GREY, Andrew appointed
    director
  30. 2022-01-10
    ➕
    MONTAG, Charlotte Victoria appointed
    director
  31. 2020-09-22
    ➕
    COOK, David appointed
    director
  32. 2020-09-22
    ➖
    MCFADYEN, Archie Malcolm resigned
    director
  33. 2019-11-08
    ➕
    MCNAIR, Cameron appointed
    director
  34. 2019-11-08
    ➖
    MILLAR, Thomas resigned
    director
  35. 2015-03-02
    🏢
    Company incorporated
    As DISCOVER SPACE UK LTD.
  36. 2015-03-02
    ➕
    MCFADYEN, Archie Malcolm appointed
    director
  37. 2015-03-02
    ➕
    MILLAR, Thomas 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.)

Group structure

Greyspace Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Greyspace Holdings Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
DISCOVER SPACE UK LTD.
This company · SC499199

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Greyspace Holdings Limited
Corporate entity
25–50%
—25-50% shares30/08/2022
2 historic (ceased) PSCs
  • Uk Launch Services Limitedceased 01/11/2022· 25-50% shares · 25-50% voting
  • Machrihanish Airbase Community Companyceased 05/05/2025· 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

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
Incorporated2015-03-02
Jurisdictionscotland
Primary SIC51220 — SIC 51220

Registered office

Building 124 M A C C Business Park
Machrihanish
Campbeltown
PA28 6NU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (1 active · 7 resigned)

GREY, Andrew→
director · ~40y · appointed 2022-01-10
View their other companies + combined net worth →
Active
BOYD, Innes→
director · ~51y · appointed 2022-09-27 · resigned 2024-09-01
Resigned
CANE, Rosemary Charlotte→
director · ~33y · appointed 2023-03-04 · resigned 2024-09-01
Resigned
COOK, David→
director · ~69y · appointed 2020-09-22 · resigned 2025-05-05
Resigned
MCFADYEN, Archie Malcolm→
director · ~68y · appointed 2015-03-02 · resigned 2020-09-22
Resigned
MCNAIR, Cameron→
director · ~72y · appointed 2019-11-08 · resigned 2022-09-27
Resigned
MILLAR, Thomas→
director · ~49y · appointed 2015-03-02 · resigned 2019-11-08
Resigned
MONTAG, Charlotte Victoria→
director · ~42y · appointed 2022-01-10 · resigned 2023-03-01
Resigned

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

Recent filings (50 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-22
termination-director-company-with-name-termination-date
officers · TM01
2025-05-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-18
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-17
appoint-person-director-company-with-name-date
officers · AP01
2023-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-15
termination-director-company-with-name-termination-date
officers · TM01
2023-03-15