A10 BOILER SPARES LIMITED

🌳Matureactive

06759262 · ltd · incorporated 2008-11-26

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 17.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£11.05M

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.0y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 17.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (6 active, 8 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £11,050,204

Cash YoY

+38%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.6m

↑ 38% YoY

Net Worth

£11m

↑ 11% YoY

Current Assets

£10m

↑ 40% YoY

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
Total assets	£11.17M	£10.09M
Current assets	£10.14M	£7.23M
Cash	£2.57M	£1.86M
Debtors	£2.92M	£2.22M
Net assets	£11.05M	£9.96M

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

filings

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-12-24
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-12
📄
accounts-with-accounts-type-medium
accounts · AA
2024-12-13
📄
accounts-with-accounts-type-full
accounts · AA
2024-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-07
📄
accounts-with-accounts-type-full
accounts · AA
2023-02-24
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-28
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-03-28
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-03-28
📄
capital-name-of-class-of-shares
capital · SH08
2022-03-24
📄
memorandum-articles
incorporation · MA
2022-03-24
📄
resolution
resolution · RESOLUTIONS
2022-03-24
📄
resolution
resolution · RESOLUTIONS
2021-12-23
📄
accounts-with-accounts-type-full
accounts · AA
2021-10-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-01
➕
BOLAND, Niall James appointed
director
2021-10-01
➕
CAVALIER, Lewis Paul appointed
director
2021-10-01
➕
ROWLINGSON, Hannah Kathleen appointed
director
2021-10-01
➕
ROWLINGSON, Jake appointed
director
2021-04-01
📄
accounts-with-accounts-type-full
accounts · AA
2009-07-28
🔒
Charge registered #1
Lender: Lloyds Tsb Bank PLC
2008-11-26
🏢
Company incorporated
As A10 BOILER SPARES LIMITED
2008-11-26
➕
VICARY, Debra Ann appointed
director
2008-11-26
➕
VICARY, Paul David appointed
director
2008-11-26
➕
ALPHA SECRETARIAL LIMITED appointed
corporate-secretary
2008-11-26
➖
ALPHA SECRETARIAL LIMITED resigned
corporate-secretary
2008-11-26
➕
PARRY, David Robert appointed
director
2008-11-26
➖
PARRY, David Robert resigned
director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 64. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Paul David Vicary Individual · British · DOB 12/1966 · age 60	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Debra Ann Vicary Individual · British · DOB 09/1962 · age 64	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.

Similar companies

Active · Retail · N postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
3D MAKERY LTD→ 16289777 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
3DV LASER LTD→ 14207909 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
3P MANAGEMENT CONSULTANCY LTD→ 16437471 · est 2025 · no financials extracted	—	—	—	—	—	—	—
4YOUEXPRESS2 LTD→ 15151979 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
88 ELEMENTS LTD→ 11981410 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
923 TRADING LTD→ 16939960 · est 2026 · no financials extracted	—	—	—	—	—	—	—
A&A.PS LTD→ 14109716 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
A&AY LTD→ 15906110 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
A1 KHAN STORE LIMITED→ 11885676 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
A1 LOGIC LTD→ 12885244 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
A1 SMART LTD→ 10181453 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A10 FOOD & WINE LTD→ 09253118 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

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

Incorporated2008-11-26

Jurisdictionengland-wales

Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

7 Cheapside

Palmers Green

London

N13 5ED

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-10

Last: 2025-11-26