BLUSEAL (HOLDINGS) LIMITED
🌳Matureactive
07447718 · ltd · incorporated 2010-11-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Activities of production holding companies
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle with a 76-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 7.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 3 | 300 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-12-20📄capital-allotment-sharescapital · SH01
- 2018-11-09🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2018-10-25🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2010-11-23🏢Company incorporatedAs BLUSEAL (HOLDINGS) LIMITED
- 2010-11-23➕SPENCER, David Arthur appointeddirector
- 2010-11-23➕SPENCER, Pauline Patricia appointeddirector
- 2010-11-23➕SPENCER, Steven David appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kirsty Ann Spencer Individual · British · DOB 08/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/10/2018 |
Mrs Pauline Patricia Spencer Individual · British · DOB 01/1954 · age 72 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Steven David Spencer Individual · British · DOB 12/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Arthur Spencerceased 01/04/2019· 25-50% shares · 25-50% voting
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 · Holding company · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B BAMFORD HOLDINGS LIMITED→ 10501177 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BAN BROOK COPSE RESIDENTS MANAGEMENT COMPANY LIMITED→ 02851185 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BELLATOR HOLDINGS LIMITED→ 15448787 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BGP HOLDINGS LIMITED→ 11362364 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BIRCH MEADOW (WORCESTER) MANAGEMENT COMPANY LIMITED→ 11649990 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BIRD COURT MANAGEMENT COMPANY LIMITED→ 04292087 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BLACKTHORN MEWS FLATS MANAGEMENT LIMITED→ 01904503 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| BLUE CHARM VENTURES LTD→ 16198870 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUEBELLS (PERSHORE) MANAGEMENT COMPANY LIMITED→ 10110710 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BONITAS GROUP HOLDINGS LIMITED→ 12932983 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BOOT HILL INVESTMENTS LTD→ 15518669 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOREAS HOLDINGS LIMITED→ 10745105 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2010-11-23
Jurisdictionengland-wales
Primary SIC64202 — Activities of production holding companies
Registered office
Unit P Blackpole Trading Estate East
Blackpole Road
Worcester
Worcestershire
WR3 8SG
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23
Officers (3 active · 0 resigned)
SPENCER, David Arthur→
Activedirector · ~76y · appointed 2010-11-23
View their other companies + combined net worth →
SPENCER, Pauline Patricia→
Activedirector · ~72y · appointed 2010-11-23
View their other companies + combined net worth →
SPENCER, Steven David→
Activedirector · ~48y · appointed 2010-11-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 09/11/2018 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 25/10/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (51 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-19
change-person-director-company-with-change-date
officers · CH01
2023-12-19
change-person-director-company-with-change-date
officers · CH01
2023-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-19
change-person-director-company-with-change-date
officers · CH01
2023-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05