S P BROKER SERVICES LIMITED

💤Zombieactive

06370011 · ltd · incorporated 2007-09-13

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 Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Non-life reinsurance

Sector: Financial & insurance

Investor take

Pursue

Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

9 connected companies via shared directors

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	2	200

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-22
📄
change-account-reference-date-company-current-extended
accounts · AA01
2016-06-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-03-11
➖
COLLIER, Wendy Ann resigned
secretary
2011-03-11
➖
CLAYFIELD, Adrian James resigned
director
2011-03-07
➕
OLIVER, Hayley Angela appointed
secretary
2011-03-07
➕
LOCKETT, Gary James appointed
director
2008-07-24
➕
COLLIER, Wendy Ann appointed
secretary
2008-07-23
➖
RHIND, James Frederick resigned
secretary
2008-07-01
➕
CLAYFIELD, Adrian James appointed
director
2008-06-30
➖
BISLEY, Carol Anne resigned
director
2007-09-13
🏢
Company incorporated
As S P BROKER SERVICES LIMITED
2007-09-13
➕
RHIND, James Frederick appointed
secretary
2007-09-13
➕
BISLEY, Carol Anne appointed
director

Owner dependency

93/100

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.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 19 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Gary James Lockett Individual · British · DOB 02/1963 · age 63	75–100%	—	75-100% shares	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 · Financial services · SS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
33BLACKINVESTMENTS LIMITED→ 16783911 · est 2025 · no financials extracted	—	—	—	—	—	—	—
A BROWN MORTGAGE SERVICES LIMITED→ 10430525 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A MERCHANT LIMITED→ 07169105 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
AB SPECIALIST FINANCE LTD→ 16620098 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADAM MURPHY CONSULTANCY LTD→ 15163577 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADR GROUP LIMITED→ 02876683 · est 1993 · no financials extracted	—	—	—	—	32y	—	—
ADVANCE MORTGAGE & PROTECTION ADVISERS LIMITED→ 15953994 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AGILE SPECIALIST CONSULTANCY LIMITED→ 13608837 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AGODECOTT LTD→ 13525883 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AH ASSETS FOR LIFE LTD→ 15600606 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AH WEALTH MANAGEMENT LTD→ 15883187 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AIMD INVESTMENT LTD→ 16183406 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2007-09-13

Jurisdictionengland-wales

Primary SIC65202 — Non-life reinsurance

Registered office

2nd Floor

69 High Street

Rayleigh

Essex

SS6 7EJ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-15

Last: 2025-06-01

Officers (2 active · 4 resigned)

OLIVER, Hayley Angela→

secretary · appointed 2011-03-07

View their other companies + combined net worth →

Active

LOCKETT, Gary James→

director · ~63y · appointed 2011-03-07

View their other companies + combined net worth →

Active

COLLIER, Wendy Ann→

secretary · appointed 2008-07-24 · resigned 2011-03-11

Resigned

RHIND, James Frederick→

secretary · appointed 2007-09-13 · resigned 2008-07-23

Resigned

BISLEY, Carol Anne→

director · ~75y · appointed 2007-09-13 · resigned 2008-06-30

Resigned

CLAYFIELD, Adrian James→

director · ~56y · appointed 2008-07-01 · resigned 2011-03-11

Resigned

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