JOHN SPENCER (TEXTILES) LIMITED

💤Zombieactive
01031371 · ltd · incorporated 1971-11-17
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 Apr 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Weaving of textiles
Sector: Manufacturing
ALSO REGISTERED FOR
  • 13300SIC 13300
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.6y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees565400

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
1
filing
  • • 1 officers
Last 180 days
2
filings
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2025-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-01
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2023-03-01
    📄
    memorandum-articles
    incorporation · MA
  7. 2022-11-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2022-11-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-11-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-11-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2022-11-01
    ➖
    COLLINGE, Megan Una resigned
    secretary
  13. 2022-11-01
    ➖
    COLLINGE, Charles David Rhoades resigned
    director
  14. 2022-11-01
    ➖
    COLLINGE, Megan Una resigned
    director
  15. 2022-11-01
    🔒
    Charge registered #2
    Lender: Charles David Rhoades Collinge
  16. 2022-11-01
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC (09928412) 1 Centenary Square, Birmingham, United Kingdom, B1 1HQ
  17. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-08-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-07-13
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  21. 2021-07-13
    📍
    change-sail-address-company-with-new-address
    address · AD02
  22. 2020-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2018-12-12
    ➕
    COLLINGE, Megan Una appointed
    secretary
  25. 2018-12-12
    ➖
    POLLARD, Claire Louise resigned
    secretary
  26. 2012-06-08
    ➖
    COLLINGE, Edgar Mark resigned
    director
  27. 2012-02-06
    ➕
    BLACKLEY, Simon Timothy appointed
    director
  28. 2012-02-06
    ➕
    COLLINGE, Megan Una appointed
    director
  29. 2008-06-12
    ➖
    COLLINGE, Sylvia Marilyn resigned
    director
  30. 2003-11-25
    ➖
    BRENNAND, Colin resigned
    secretary
  31. 2003-11-25
    ➕
    POLLARD, Claire Louise appointed
    secretary
  32. 2003-03-24
    ➕
    BRENNAND, Colin appointed
    secretary
  33. 2003-03-24
    ➖
    COLLINGE, Sara Deborah resigned
    secretary
  34. 1995-06-16
    ➕
    COLLINGE, Sara Deborah appointed
    secretary
  35. 1995-06-16
    ➖
    HEAP, Ethel resigned
    secretary
  36. 1993-04-30
    ➖
    FERGUSON, John Michael resigned
    director
  37. 1971-11-17
    🏢
    Company incorporated
    As JOHN SPENCER (TEXTILES) LIMITED

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

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 55 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Group structure

Ashfield Mill Co Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ashfield Mill Co Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
JOHN SPENCER (TEXTILES) LIMITED
This company · 01031371

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ashfield Mill Co Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

Similar companies

Active · Manufacturing · BB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 CLICK LOG CABINS LIMITED→
07984465 · est 2012 · no financials extracted
————14y——
24 PRINT LTD→
12070885 · est 2019 · no financials extracted
————6y——
3D PLATES LIMITED→
15674431 · est 2024 · no financials extracted
————1y——
A & H HARGREAVES (ROSSENDALE) LIMITED→
04762807 · est 2003 · no financials extracted
————22y——
A & K BESPOKE MANUFACTURING LTD→
15151206 · est 2023 · no financials extracted
————2y——
ACCENTIA ARTS LIMITED→
05829483 · est 2006 · no financials extracted
————19y——
ACEWELL INSTALLATIONS LIMITED→
04043946 · est 2000 · no financials extracted
————25y——
ACORN DOOR SYSTEMS LIMITED→
03934046 · est 2000 · no financials extracted
————26y——
ACUTOOLS LIMITED→
08882222 · est 2014 · no financials extracted
————12y——
ADL HOLDINGS LIMITED→
06455481 · est 2007 · no financials extracted
————18y——
ADM (SOLUTIONS) LIMITED→
04940346 · est 2003 · no financials extracted
————22y——
ADPAK MACHINERY SYSTEMS LIMITED→
02179444 · est 1987 · no financials extracted
————38y——
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
Incorporated1971-11-17
Jurisdictionengland-wales
Primary SIC13200 — Weaving of textiles

Registered office

Ashfield Mill
Active Way,
Burnley
Lancs
BB11 1BS

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (1 active · 10 resigned)

BLACKLEY, Simon Timothy→
director · ~55y · appointed 2012-02-06
View their other companies + combined net worth →
Active
BRENNAND, Colin→
secretary · appointed 2003-03-24 · resigned 2003-11-25
Resigned
COLLINGE, Megan Una→
secretary · appointed 2018-12-12 · resigned 2022-11-01
Resigned
COLLINGE, Sara Deborah→
secretary · appointed 1995-06-16 · resigned 2003-03-24
Resigned
HEAP, Ethel→
secretary · resigned 1995-06-16
Resigned
POLLARD, Claire Louise→
secretary · appointed 2003-11-25 · resigned 2018-12-12
Resigned
COLLINGE, Charles David Rhoades→
director · ~63y · resigned 2022-11-01
Resigned
COLLINGE, Edgar Mark→
director · ~93y · resigned 2012-06-08
Resigned
COLLINGE, Megan Una→
director · ~70y · appointed 2012-02-06 · resigned 2022-11-01
Resigned
COLLINGE, Sylvia Marilyn→
director · ~89y · resigned 2008-06-12
Resigned
FERGUSON, John Michael→
director · ~92y · resigned 1993-04-30
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Charles David Rhoades Collinge / Megan Una Collinge
A registered charge1 property01/11/2022—
outstanding
HSBC
Hsbc UK Bank PLC (09928412) 1 Centenary Square, Birmingham, United Kingdom, B1 1HQ
A registered charge—01/11/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-13
accounts-with-accounts-type-small
accounts · AA
2025-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-small
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-06
resolution
resolution · RESOLUTIONS
2023-03-01
memorandum-articles
incorporation · MA
2023-03-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-04
termination-director-company-with-name-termination-date
officers · TM01
2022-11-02
termination-director-company-with-name-termination-date
officers · TM01
2022-11-02
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05