EYESPACE LTD

🌳Matureactive

SC503260 · ltd · incorporated 2015-04-14

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 Apr 2025

Net worth

£-1.7k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Business and domestic software development

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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: strategic trade sale (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

33 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £1,691

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£2k

↑ 70% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£2.8k	£-83
Debtors	£19.2k	£16.7k
Net assets	£-1.7k	£-5.7k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-10
📄
change-person-secretary-company-with-change-date
officers · CH03
2024-01-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-14
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-14
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-14
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-04-14
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-14
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-04-14
🏢
Company incorporated
As EYESPACE LTD
2015-04-14
➕
MCGARRIGLE, Shiona appointed
secretary
2015-04-14
➕
MCGARRIGLE, Shiona appointed
director
2015-04-14
➕
MCGARRIGLE, Tom appointed
director

Owner dependency

74/100

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 60 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 60. 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Shiona Mcgarrigle Individual · British · DOB 09/1983 · age 43	25–50%	—	25-50% shares	06/04/2016
Mr Tom Mcgarrigle Individual · British · DOB 02/1966 · age 60	25–50%	—	25-50% shares	06/04/2016

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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DIGITAL TRAINING AND COMPLIANCE LTD→ SC770701 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
DJ JACKIE SHAN LTD→ SC859582 · est 2025 · no financials extracted	—	—	—	—	—	—	—
DRAMATIC STUDIOS LIMITED→ SC656205 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
EBN-COMMUNICATIONS LIMITED→ SC507780 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
EVENT MANAGEMENT SYSTEMS LTD→ SC537173 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
FACTOTUM FILMS LTD→ SC816268 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
FAST CORPORATE SERVICES LTD→ SC464486 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
FEELING AND FOCUS LTD→ SC403354 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
FERN TECHNOLOGY UK LTD.→ SC148486 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
FIBERGRID SOLUTIONS LTD→ SC872344 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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 →

🔒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

Incorporated2015-04-14

Jurisdictionscotland

Primary SIC62012 — Business and domestic software development

Registered office

Tigh Na Mara

Lamlash

Isle Of Arran

KA27 8JU

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-04-28

Last: 2025-04-14

Officers (3 active · 0 resigned)

MCGARRIGLE, Shiona→

secretary · appointed 2015-04-14

View their other companies + combined net worth →

Active

MCGARRIGLE, Shiona→

director · ~43y · appointed 2015-04-14

View their other companies + combined net worth →

Active

MCGARRIGLE, Tom→

director · ~60y · appointed 2015-04-14

View their other companies + combined net worth →

Active

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

Recent filings (33 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-01-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-01-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-30

change-person-director-company-with-change-date

officers · CH01

2024-01-10

change-person-director-company-with-change-date

officers · CH01

2024-01-10

change-person-secretary-company-with-change-date

officers · CH03

2024-01-10

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-01-10

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-01-10

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-01-10

change-person-director-company-with-change-date

officers · CH01

2023-04-14

change-person-director-company-with-change-date

officers · CH01

2023-04-14

change-person-secretary-company-with-change-date

officers · CH03

2023-04-14

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-04-14