SPIRE MANAGEMENT LIMITED

🌳Matureactive
08136849 · ltd · incorporated 2012-07-10
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 66). Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

16 live charges · 10 lenders · oldest 11.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 11.1 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 mortgage
Last 180 days
5
filings
  • 3 mortgage
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
  1. 2026-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-02-19
    🔒
    Charge registered #16
    Lender: U.S. Bank Trustees Limited
  3. 2026-02-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-02-03
    🔒
    Charge registered #15
    Lender: U.S. Bank Trustees Limited (The “Security Agent”)
  5. 2025-12-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-12-16
    🔒
    Charge registered #14
    Lender: U.S. Bank Trustees Limited
  7. 2025-12-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2025-07-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-07-24
    🔓
    Charge satisfied #12
  10. 2025-06-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-06-27
    🔒
    Charge registered #13
    Lender: Deutsche Trustee Company Limited
  12. 2025-04-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2025-04-03
    🔓
    Charge satisfied #11
  14. 2024-12-23
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  15. 2024-12-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2024-12-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2024-12-09
    📄
    legacy
    capital · SH20
  18. 2024-12-09
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  19. 2024-12-09
    ⚠️
    legacy
    insolvency · CAP-SS
  20. 2024-12-09
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2024-12-03
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2024-12-03
    📄
    memorandum-articles
    incorporation · MA
  23. 2024-12-03
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2024-12-03
    📄
    memorandum-articles
    incorporation · MA
  25. 2024-12-02
    📄
    capital-allotment-shares
    capital · SH01
  26. 2024-12-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  27. 2024-12-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  28. 2024-12-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  29. 2024-11-29
    📄
    capital-allotment-shares
    capital · SH01
  30. 2024-09-16
    🔓
    Charge satisfied #10
  31. 2024-05-03
    🔒
    Charge registered #12
    Lender: Deutsche Trustee Company Limited
  32. 2024-04-11
    🔒
    Charge registered #11
    Lender: U.S. Bank Trustees Limited, as Security Agent
  33. 2024-02-29
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC (The "Security Agent")
  34. 2023-11-27
    🔓
    Charge satisfied #9
  35. 2022-10-05
    🔒
    Charge registered #9
    Lender: U.S. Bank Trustees Limited as Security Trustee for Itself and the Secured Parties (As Defined in the Instrument)
  36. 2022-06-24
    🔓
    Charge satisfied #8
  37. 2022-04-08
    🔓
    Charge satisfied #7
  38. 2021-11-12
    🔒
    Charge registered #8
    Lender: Deutsche Trustee Company Limited (As 'Security Agent')
  39. 2021-07-03
    🔓
    Charge satisfied #5
  40. 2021-05-25
    🔓
    Charge satisfied #6
  41. 2021-04-15
    🔓
    Charge satisfied #4
  42. 2021-04-09
    🔒
    Charge registered #7
    Lender: U.S. Bank Trustees Limited, for Itself and on Behalf of the Other Secured Parties (As Defined in the Instrument)
  43. 2021-02-26
    🔒
    Charge registered #6
    Lender: Deutsche Trustee Company Limited
  44. 2020-12-23
    🔒
    Charge registered #5
    Lender: U.S. Bank Trustees Limited
  45. 2020-10-30
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  46. 2019-09-23
    🔓
    Charge satisfied #3
  47. 2019-06-07
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  48. 2017-05-19
    🔓
    Charge satisfied #2
  49. 2017-05-19
    🔓
    Charge satisfied #1
  50. 2016-06-20
    🔒
    Charge registered #2
    Lender: Investec Bank PLC
Showing most recent 50 of 68 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 2 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-12-09: legacy

4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-02-19: A registered charge; 2026-02-03: A registered charge; 2025-12-16: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Spire International Investment Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Spire International Investment Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
SPIRE MANAGEMENT LIMITED
This company · 08136849

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%
NameSharesVoting rightsNature of controlNotified
Spire International Investment Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting20/11/2024
1 historic (ceased) PSC
  • Spire Partners Llpceased 20/11/2024· 75-100% shares · 75-100% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2012-07-10
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

24 Grosvenor Street
London
W1K 4QN
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (4 active · 6 resigned)

RUSSELL, Jonathan Brian Cameron
secretary · appointed 2014-02-28
View their other companies + combined net worth →
Active
BENNETT- BRITTON, Philip Andrew
director · ~48y · appointed 2012-08-09
View their other companies + combined net worth →
Active
DRUMMOND SMITH, Oliver Joseph
director · ~46y · appointed 2012-08-09
View their other companies + combined net worth →
Active
RUSSELL, Jonathan Brian Cameron
director · ~66y · appointed 2012-08-09
View their other companies + combined net worth →
Active
GOLDING, Andrew Neil
secretary · appointed 2012-08-09 · resigned 2014-02-28
Resigned
TRAVERS SMITH SECRETARIES LIMITED
corporate-secretary · appointed 2012-07-10 · resigned 2012-08-09
Resigned
BRACKEN, Ruth
director · ~75y · appointed 2012-07-10 · resigned 2012-08-09
Resigned
GOLDING, Andrew Neil
director · ~64y · appointed 2012-08-09 · resigned 2014-02-28
Resigned
TRAVERS SMITH LIMITED
corporate-director · appointed 2012-07-10 · resigned 2012-08-09
Resigned
TRAVERS SMITH SECRETARIES LIMITED
corporate-director · appointed 2012-07-10 · resigned 2012-08-09
Resigned

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

Mortgages & charges

16
Total charges
4
Outstanding
3
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
U.S. Bank Trustees
U.S. Bank Trustees Limited
A registered charge19/02/2026
outstanding
U.S. Bank Trustees (The “Security Agent”)
U.S. Bank Trustees Limited (The “Security Agent”)
A registered charge03/02/2026
outstanding
U.S. Bank Trustees
U.S. Bank Trustees Limited
A registered charge16/12/2025
outstanding
Deutsche Trustee Company
Deutsche Trustee Company Limited
A registered charge1 property27/06/2025
satisfied
Deutsche Trustee Company
Deutsche Trustee Company Limited
A registered charge1 property03/05/202424/07/2025
satisfied
U.S. Bank Trustees , as Security Agent
U.S. Bank Trustees Limited, as Security Agent
A registered charge11/04/202403/04/2025
satisfied
Barclays
Barclays Bank PLC (The "Security Agent")
A registered charge1 property29/02/202416/09/2024
satisfied
U.S. Bank Trustees as Security Trustee for Itself and the Secured Parties (As Defined in the Instrument)
U.S. Bank Trustees Limited as Security Trustee for Itself and the Secured Parties (As Defined in the Instrument)
A registered charge05/10/202227/11/2023
satisfied
Deutsche Trustee Company (As 'Security Agent')
Deutsche Trustee Company Limited (As 'Security Agent')
A registered charge12/11/202124/06/2022
satisfied
U.S. Bank Trustees , for Itself and on Behalf of the Other Secured Parties (As Defined in the Instrument)
U.S. Bank Trustees Limited, for Itself and on Behalf of the Other Secured Parties (As Defined in the Instrument)
A registered charge09/04/202108/04/2022
satisfied
Deutsche Trustee Company
Deutsche Trustee Company Limited
A registered charge26/02/202125/05/2021
satisfied
U.S. Bank Trustees
U.S. Bank Trustees Limited
A registered charge23/12/202003/07/2021
satisfied
Barclays
Barclays Bank PLC
A registered charge30/10/202015/04/2021
satisfied
Barclays
Barclays Bank PLC
A registered charge07/06/201923/09/2019
satisfied
Investec Bank
Investec Bank PLC
A registered charge20/06/201619/05/2017
satisfied
Investec Bank
Investec Bank PLC
A registered charge26/03/201519/05/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-17
accounts-with-accounts-type-full
accounts · AA
2025-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-03
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-12-23
confirmation-statement
confirmation-statement · CS01
2024-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-20
legacy
capital · SH20
2024-12-09
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-12-09
legacy
insolvency · CAP-SS
2024-12-09