FULL SURFACE LTD

💤Zombieactive
SC608171 · ltd · incorporated 2018-09-14
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 Sept 2024
Net worth
£8.4k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,401

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£8k
↑ 24% YoY
Current Assets
£11k
↓ 4.3% YoY
Current Liabilities
£0£2k£4k£7k£9k£11kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£8.4k£11.0k
Current assets£10.6k£11.0k
Net assets£8.4k£6.8k

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

Recent activity

Last 30 days
0
filings
Last 90 days
4
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 address
Last 180 days
7
filings
  • 2 officers
  • 2 gazette
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-12-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-12-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-08-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2024-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-08-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-01-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-01-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2022-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-08-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2018-09-14
    🏢
    Company incorporated
    As FULL SURFACE LTD
  21. 2018-09-14
    SPITTAL, Max William Douglas appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +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 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Max William Douglas Spittal
Individual · British · DOB 11/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/09/2018

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
Incorporated2018-09-14
Jurisdictionscotland
Primary SIC90010 — Performing arts

Registered office

19 Birch Avenue
Scone
Perth
PH2 6LE
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (1 active · 0 resigned)

SPITTAL, Max William Douglas
director · ~34y · appointed 2018-09-14
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-06
change-person-director-company-with-change-date
officers · CH01
2026-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-06
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-29
gazette-notice-compulsory
gazette · GAZ1
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28