L M ELECTRICAL SPARES LIMITED
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 102| Metric | 2024-09-30 | 2023-09-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (18 events)Click to expand
- 2025-07-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-06-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-28➖STORAH, Richard resigneddirector
- 2018-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-06-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-09-01➕STORAH, Richard appointeddirector
- 2017-08-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-01-13✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2015-11-26✏️change-of-name-noticechange-of-name · CONNOT
- 2015-09-30🏢Company incorporatedAs L M ELECTRICAL SPARES LIMITED
- 2015-09-30➕HULME, Philip appointeddirector
- 2015-09-30📄incorporation-companyincorporation · NEWINC
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip Hulme Individual · British · DOB 10/1965 · age 61 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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| 9T2 LTD→ 16616526 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| A1 BARGAIN STORE LIMITED→ 12864649 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 LOCAL BARGAINS LTD→ 15456126 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 OPTICAL SOLUTIONS LTD→ 16348978 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 PLUS CONVENIENCE STORES LTD→ 15922902 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 POUND STORE LTD→ 06608663 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A1J LIMITED→ 08802228 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A2 STARSHINE LTD→ 14037244 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A2Z APPLIANCES LIMITED→ 16393483 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A2Z COLLECTION LIMITED→ 15303304 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A2Z ELECTRONICS MANCHESTER LTD→ 14704519 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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)
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