SPAIN BUILDING & MAINTENANCE LIMITED
🌳Matureactive
04494276 · ltd · incorporated 2002-07-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 18.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£3.06M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 18.3y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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, 1 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
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,062,197
Key financials
2 years extracted from filed iXBRL accountsCash
£2.7m
Net Worth
£3.1m
Current Assets
£3.7m
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £3.24M | — |
| Current assets | £3.68M | — |
| Cash | £2.71M | — |
| Debtors | £895.6k | — |
| Net assets | £3.06M | — |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-07📄capital-cancellation-sharescapital · SH06
- 2022-11-07📄resolutionresolution · RESOLUTIONS
- 2022-11-07📄capital-return-purchase-own-sharescapital · SH03
- 2022-07-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-12🔓Charge satisfied #2
- 2022-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-30🔓Charge satisfied #1
- 2022-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-21📄capital-return-purchase-own-sharescapital · SH03
- 2020-04-20📄capital-cancellation-sharescapital · SH06
- 2019-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2018-03-12➖DERBYSHIRE, Anthony John resigneddirector
- 2017-10-10🔒Charge registered #2Lender: Santander UK PLC
- 2016-07-07➕DERBYSHIRE, Anthony John appointeddirector
- 2008-01-25🔒Charge registered #1Lender: Abbey National PLC Trading as Abbey National Business
- 2003-07-01➕SPAIN, Carol appointedsecretary
- 2003-04-30➖MORPETH, Robert Scott resignedsecretary
- 2002-07-28➕SPAIN, Carol appointeddirector
- 2002-07-28➕SPAIN, Jason John appointeddirector
- 2002-07-28➕MORPETH, Robert Scott appointedsecretary
- 2002-07-28➖CDF SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-07-28➖CDF FORMATIONS LIMITED resignedcorporate-nominee-director
- 2002-07-24🏢Company incorporatedAs SPAIN BUILDING & MAINTENANCE LIMITED
- 2002-07-24➕CDF SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-07-24➕CDF FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
99/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "SPAIN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
cleanNo 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 |
|---|---|---|---|---|
Mr Jason John Spain Individual · British · DOB 08/1967 · age 59 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Carol Spain Individual · British · DOB 04/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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 →Similar companies
Active · Construction · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24 HOUR CONSTRUCTION SERVICES LIMITED→ 10831606 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 247 HOME ASSIST LIMITED→ 09438900 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 247 JOINERS AND DECORATORS LIMITED→ 12326706 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 247 STAY GREEN LIMITED→ 15139998 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2D ROOFING LTD.→ 08142311 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 2TECH INSTALLATIONS LTD→ 17083758 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3D PAINTING & DECORATING LTD→ 15979603 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3FOUR5 JOINERY LIMITED→ 07363284 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 4A VENTURES LIMITED→ 12045207 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 4B SERVICES LIMITED→ 12468793 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 4S VENTURES LIMITED→ 12041434 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 56103 LIMITED→ 14260432 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2002-07-24
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing
Registered office
Unit 5 Carrside
Lomeshaye Industrial Estate
Nelson
Lancashire
BB9 6RX
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24
Officers (3 active · 4 resigned)
Active
SPAIN, Carol→
Activedirector · ~55y · appointed 2002-07-28
View their other companies + combined net worth →
SPAIN, Jason John→
Activedirector · ~59y · appointed 2002-07-28
View their other companies + combined net worth →
MORPETH, Robert Scott→
Resignedsecretary · appointed 2002-07-28 · resigned 2003-04-30
CDF SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-07-24 · resigned 2002-07-28
DERBYSHIRE, Anthony John→
Resigneddirector · ~60y · appointed 2016-07-07 · resigned 2018-03-12
CDF FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-07-24 · resigned 2002-07-28
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Santander Santander UK PLC | A registered charge | — | 10/10/2017 | 12/07/2022 | |
| satisfied | Santander Abbey National PLC Trading as Abbey National Business | Mortgage debenture | 1 property | 25/01/2008 | 30/05/2022 |
Recent filings (75 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-08
capital-cancellation-shares
capital · SH06
2022-11-07
resolution
resolution · RESOLUTIONS
2022-11-07
capital-return-purchase-own-shares
capital · SH03
2022-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-08
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-10