1 SPINNINGFIELDS DEVELOPMENTS LTD

🌳Matureactive
05931958 · ltd · incorporated 2006-09-12
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£1
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (73/100, director aged 69). 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 18.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
30 connected companies via shared directors
90
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
—
£0£0£0£1£1£1Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-31
Total assets£1£1
Current assets£1£1
Net assets£1£1

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
1
filing
  • • 1 officers
Last 90 days
2
filings
  • • 1 officers
  • • 1 accounts
Last 180 days
2
filings
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-27
    ➖
    RAINE, Jonathan resigned
    director
  3. 2026-03-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2021-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-01-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2020-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-10-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2019-06-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2019-05-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-05-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  20. 2018-03-30
    ➖
    LYELL, Stuart Paul resigned
    director
  21. 2018-03-24
    ➖
    CAMPBELL, Andy resigned
    secretary
  22. 2018-03-24
    ➖
    CAMPBELL, Andrew James resigned
    director
  23. 2017-11-07
    🔓
    Charge satisfied #3
  24. 2016-08-15
    ➕
    GORASIA, Suresh Premji appointed
    director
  25. 2015-07-09
    ➕
    RAINE, Jonathan appointed
    director
  26. 2015-03-18
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  27. 2015-01-16
    🔓
    Charge satisfied #2
  28. 2014-12-18
    ➕
    CAMPBELL, Andrew James appointed
    director
  29. 2012-04-05
    ➖
    BELL, Martin resigned
    secretary
  30. 2012-04-05
    ➕
    CAMPBELL, Andy appointed
    secretary
  31. 2011-12-12
    ➕
    BELL, Martin appointed
    secretary
  32. 2011-12-12
    ➖
    GORASIA, Suresh Premji resigned
    secretary
  33. 2011-07-15
    ➕
    LYELL, Stuart Paul appointed
    director
  34. 2010-10-15
    ➖
    ASHURST, John Richard resigned
    secretary
  35. 2010-10-15
    ➕
    GORASIA, Suresh Premji appointed
    secretary
  36. 2010-03-31
    🔒
    Charge registered #2
    Lender: Orthet Limited
  37. 2010-03-24
    🔓
    Charge satisfied #1
  38. 2009-12-10
    ➕
    INGALL, Michael Julian appointed
    director
  39. 2008-11-19
    ➖
    TROTT, Gary Keith resigned
    director
  40. 2008-04-30
    ➖
    INGALL, Michael Julian resigned
    director
  41. 2007-12-13
    🔒
    Charge registered #1
    Lender: Eurohypo Ag, London Branch, as Agent and Trustee for Itself and for Each of the Other Financeparties
  42. 2006-09-12
    🏢
    Company incorporated
    As 1 SPINNINGFIELDS DEVELOPMENTS LTD
  43. 2006-09-12
    ➕
    GRAHAM-WATSON, Frederick Paul appointed
    director
  44. 2006-09-12
    ➕
    ASHURST, John Richard appointed
    secretary
  45. 2006-09-12
    ➕
    INGALL, Michael Julian appointed
    director
  46. 2006-09-12
    ➕
    TROTT, Gary Keith appointed
    director

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
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Allied London Properties Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Allied London Properties Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
1 SPINNINGFIELDS DEVELOPMENTS LTD
This company · 05931958

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
Allied London Properties 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 →

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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
Incorporated2006-09-12
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Allied London, Suite 1, Bonded Warehouse
18 Lower Byrom Street
Manchester
Greater Manchester
M3 4AP
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12

Officers (3 active · 9 resigned)

GORASIA, Suresh Premji→
director · ~52y · appointed 2016-08-15
View their other companies + combined net worth →
Active
GRAHAM-WATSON, Frederick Paul→
director · ~69y · appointed 2006-09-12
View their other companies + combined net worth →
Active
INGALL, Michael Julian→
director · ~67y · appointed 2009-12-10
View their other companies + combined net worth →
Active
ASHURST, John Richard→
secretary · appointed 2006-09-12 · resigned 2010-10-15
Resigned
BELL, Martin→
secretary · appointed 2011-12-12 · resigned 2012-04-05
Resigned
CAMPBELL, Andy→
secretary · appointed 2012-04-05 · resigned 2018-03-24
Resigned
GORASIA, Suresh Premji→
secretary · appointed 2010-10-15 · resigned 2011-12-12
Resigned
CAMPBELL, Andrew James→
director · ~50y · appointed 2014-12-18 · resigned 2018-03-24
Resigned
INGALL, Michael Julian→
director · ~67y · appointed 2006-09-12 · resigned 2008-04-30
Resigned
LYELL, Stuart Paul→
director · ~69y · appointed 2011-07-15 · resigned 2018-03-30
Resigned
RAINE, Jonathan→
director · ~45y · appointed 2015-07-09 · resigned 2026-04-27
Resigned
TROTT, Gary Keith→
director · ~54y · appointed 2006-09-12 · resigned 2008-11-19
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property18/03/201507/11/2017
satisfied
Orthet
Orthet Limited
Deed1 property31/03/201016/01/2015
satisfied
Eurohypo Ag, London Branch, as Agent and Trustee for Itself and for Each of the Other Financeparties
Debenture1 property13/12/200724/03/2010

Recent filings (99 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-01
accounts-with-accounts-type-dormant
accounts · AA
2026-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-09
change-person-director-company-with-change-date
officers · CH01
2022-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-05-25
change-person-director-company-with-change-date
officers · CH01
2021-05-20