BOOM SPIN LTD
Opportunity 43/100 (watch), bankability 52/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (30/100). Current lenders should be on monthly review.
Refinance opportunity
4 live charges · 4 lenders · oldest 14.9y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 14.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2021-12-31 |
|---|---|
| Average employees | 7000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (60 events)Click to expand
- 2025-04-27⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-04-27🏁Company dissolved
- 2025-01-27⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2025-01-27⚠️liquidation-in-administration-move-to-dissolutioninsolvency · AM23
- 2024-09-05⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2024-08-13➖ROWLAND, Hilary Lynn resigneddirector
- 2024-08-13➖ROWLAND, Robert David resigneddirector
- 2024-08-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-11⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2024-02-24⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2024-02-22⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · AM02
- 2024-02-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-12⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2024-01-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-25➕ROWLAND, Robert David appointeddirector
- 2024-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-17➕ROWLAND, Hilary Lynn appointeddirector
- 2024-01-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-10📄legacymiscellaneous · ANNOTATION
- 2024-01-10📄legacymiscellaneous · ANNOTATION
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-04📄legacymiscellaneous · ANNOTATION
- 2023-12-04📄legacymiscellaneous · ANNOTATION
- 2023-12-01➖ALOM, Mohammed Tuhel resigneddirector
- 2023-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-29➖COTTAM, Jonathan Daniel Nicholas resigneddirector
- 2023-09-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-25📄gazette-notice-compulsorygazette · GAZ1
- 2023-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-23➕COTTAM, Jonathan Daniel Nicholas appointeddirector
- 2023-01-12➕ALOM, Mohammed Tuhel appointeddirector
- 2023-01-12➖COHEN, Joe Edward resigneddirector
- 2023-01-12➖ROWLAND, Robert David resigneddirector
- 2022-03-31🔓Charge satisfied #4
- 2021-06-18🔓Charge satisfied #3
- 2021-06-14➕COHEN, Joe Edward appointeddirector
- 2021-06-11➖LLOYD, David Alan resigneddirector
- 2021-06-11➖ROWLAND, Hilary resigneddirector
- 2021-06-11➖RUDMANN, Scott William, Mr. resigneddirector
- 2021-06-11➖WOLFSON, Andrew Daniel resigneddirector
- 2021-03-11➖ROWLAND, Hilary resignedsecretary
- 2019-03-20🔓Charge satisfied #2
- 2018-09-06➕LLOYD, David Alan appointeddirector
- 2017-11-13🔓Charge satisfied #1
- 2017-11-10➖LEBOFF, Rob Julian Daniel resigneddirector
- 2017-09-01🔒Charge registered #4Lender: Prism Finance
- 2017-08-07🔒Charge registered #3Lender: Pembroke Vct PLC
- 2017-08-07🔒Charge registered #2Lender: Joca Limited
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-04-27
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-04-27: gazette-dissolved-liquidation; 2025-01-27: liquidation-in-administration-progress-report
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
United Fitness Brands is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
United Fitness Brands Corporate entity | 75–100% | — | 75-100% shares | 08/03/2021 |
2 historic (ceased) PSCs
- Pembroke Vct Plc Limitedceased 08/03/2021· 25-50% shares · 25-50% voting · board control
- Mr Pierre Andurandceased 01/03/2018· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 4CVOICES LTD→ 12261244 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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| 50/50 LIVE LIMITED→ 14665163 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 7 MOUNTAINS PRODUCTIONS LTD→ 11615276 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 7SKYTOURS LTD→ 16118597 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 8020LIFE&STYLE LTD→ 14398931 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 82 FITNESS CONCEPTS LIMITED→ 15171245 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 825 VENTURES LTD→ 16706831 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 8MO10 LIMITED→ 14579545 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 963 LTD→ 14602499 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 9TH HOUSE ENTERTAINMENT LIMITED→ 12088720 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A&A ART AND INVESTMENTS LTD→ 17078471 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
9 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 →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
Registered office
Filing status
Officers (0 active · 13 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Prism Finance | A registered charge | 1 property | 01/09/2017 | 31/03/2022 | |
| satisfied | Pembroke Vct Pembroke Vct PLC | A registered charge | 1 property | 07/08/2017 | 18/06/2021 | |
| satisfied | Joca / Olga Allon / Justin Crewe / Gregory Allon Joca Limited / Olga Allon / Justin Crewe / Gregory Allon | A registered charge | 1 property | 07/08/2017 | 20/03/2019 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 07/07/2011 | 13/11/2017 |