SPACO LIMITED
- 68209Other letting and operating of own or leased real estate
Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 11.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £2.50M | £2.51M |
| Current assets | £30.5k | £187.1k |
| Net assets | £823.4k | £800.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2026-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-12🔒Charge registered #3Lender: One Savings Bank PLC
- 2023-07-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-05-25🔓Charge satisfied #2
- 2019-05-25🔓Charge satisfied #1
- 2019-04-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-10-24📄gazette-notice-compulsorygazette · GAZ1
- 2015-08-19🔒Charge registered #2Lender: Lloyds Bank PLC
- 2015-02-26🔒Charge registered #1Lender: Lloyds Bank PLC
- 2014-08-07➕DHALIWAL, Gurjinder appointeddirector
- 2014-08-07➖HUGHES, Stephen John resigneddirector
- 2013-07-31🏢Company incorporatedAs SPACO LIMITED
- 2013-07-31➕HUGHES, Stephen John appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-31
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gurjinder Dhaliwal Individual · British · DOB 09/1975 · age 51 | 75–100% | — | 75-100% shares | 01/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kent Reliance / OSB One Savings Bank PLC | A registered charge | 2 properties | 12/06/2024 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 19/08/2015 | 25/05/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 26/02/2015 | 25/05/2019 |