SPYRA-BASE PRODUCTS LIMITED

🌳Matureactive
04830789 · ltd · incorporated 2003-07-11
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 19.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£-151.2k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 declared
Negative net assets
Liabilities exceed assets by £151,236

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£151k
~ YoY
Current Assets
—
Current Liabilities
—
-£151k-£151k-£151k-£151k-£151k-£151kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£-151.2k£-151.2k
Net assets£-151.2k£-151.2k

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
0
filings
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-07-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-08-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-08-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-07-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-08-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2011-05-27
    ➕
    PERRY, Richard Willisford appointed
    director
  16. 2011-05-27
    ➕
    STANLEY, Philip Michael appointed
    director
  17. 2011-05-27
    ➖
    POWELL, Janet Christine resigned
    secretary
  18. 2011-05-27
    ➖
    POWELL, Brent Kirk resigned
    director
  19. 2011-05-27
    ➖
    POWELL, Michael John resigned
    director
  20. 2011-05-26
    🔓
    Charge satisfied #1
  21. 2006-08-04
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  22. 2004-05-20
    ➖
    POWELL, Brent Kirk resigned
    secretary
  23. 2004-05-20
    ➕
    POWELL, Janet Christine appointed
    secretary
  24. 2003-07-11
    🏢
    Company incorporated
    As SPYRA-BASE PRODUCTS LIMITED
  25. 2003-07-11
    ➕
    POWELL, Brent Kirk appointed
    secretary
  26. 2003-07-11
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2003-07-11
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  28. 2003-07-11
    ➕
    POWELL, Brent Kirk appointed
    director
  29. 2003-07-11
    ➕
    POWELL, Michael John appointed
    director
  30. 2003-07-11
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  31. 2003-07-11
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

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.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 23 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

Access To Design Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Access To Design Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
SPYRA-BASE PRODUCTS LIMITED
This company · 04830789

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
Access To Design Limited
Corporate entity
75–100%
—75-100% shares06/04/2016

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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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
Incorporated2003-07-11
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

Unit 3 Malthouse Road
Tipton
West Midlands
DY4 9AE

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (2 active · 6 resigned)

PERRY, Richard Willisford→
director · ~60y · appointed 2011-05-27
View their other companies + combined net worth →
Active
STANLEY, Philip Michael→
director · ~57y · appointed 2011-05-27
View their other companies + combined net worth →
Active
POWELL, Brent Kirk→
secretary · appointed 2003-07-11 · resigned 2004-05-20
Resigned
POWELL, Janet Christine→
secretary · appointed 2004-05-20 · resigned 2011-05-27
Resigned
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-07-11 · resigned 2003-07-11
Resigned
POWELL, Brent Kirk→
director · ~59y · appointed 2003-07-11 · resigned 2011-05-27
Resigned
POWELL, Michael John→
director · ~86y · appointed 2003-07-11 · resigned 2011-05-27
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-07-11 · resigned 2003-07-11
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property04/08/200626/05/2011

Recent filings (71 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-dormant
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-dormant
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-dormant
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-dormant
accounts · AA
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
accounts-with-accounts-type-dormant
accounts · AA
2021-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-11