3 SERIES SPARES LTD
Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-01-31 | 2022-01-31 |
|---|---|---|
| Total assets | £14.1k | £14.1k |
| Current assets | £25.2k | £25.2k |
| Net assets | £14.1k | £14.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 address
- • 1 address
- • 1 gazette
- • 1 confirmation-statement
Corporate timeline (17 events)Click to expand
- 2026-03-27📍default-companies-house-service-address-applied-officeraddress · RP09
- 2026-03-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-09-05📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-07-08📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-01-14📄gazette-notice-compulsorygazette · GAZ1
- 2023-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-01-31🏢Company incorporatedAs 3 SERIES SPARES LTD
- 2011-01-31➕MORGAN, Ryan Richard appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 lowStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-10-31
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ryan Richard Morgan Individual · British · DOB 05/1983 · age 43 | 75–100% | — | 75-100% shares | 31/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ADVENTURE TRANSPORT SOLUTIONS LTD→ 16817189 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVIN HAND CAR WASH LTD→ 16625646 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFAN TYRE DISCOUNT CENTRE LIMITED→ 01393204 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| AFFORDABLE TYRES SWANSEA LTD→ 16427488 · est 2025 · 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 (1 active · 0 resigned)
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