SPRUCE HILL (NO. 3) MANAGEMENT COMPANY LIMITED

💤Zombieactive
NI031731 · ltd · incorporated 1996-12-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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 (58/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-03-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-01-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-06
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  4. 2023-08-17
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  5. 2023-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-08-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-02-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-01-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-03-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-12-08
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  13. 2016-09-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2016-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-12-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2008-11-20
    ➕
    O'RAWE, Mark appointed
    director
  17. 2008-11-20
    ➖
    MC CANN, Bernard resigned
    director
  18. 2008-01-01
    ➖
    ROBINSON, Clare resigned
    director
  19. 2007-01-18
    ➖
    MARGARET, Dawson resigned
    director
  20. 2006-12-31
    ➕
    SECRETARY SERVICES LTD appointed
    corporate-secretary
  21. 2006-12-31
    ➖
    RANKIN, Louise resigned
    secretary
  22. 2006-08-01
    ➕
    MC CANN, Bernard appointed
    director
  23. 2005-12-14
    ➖
    BISHOP, Mary resigned
    secretary
  24. 2005-12-14
    ➕
    RANKIN, Louise appointed
    secretary
  25. 2000-09-08
    ➕
    ROBINSON, Clare appointed
    director
  26. 1996-12-05
    🏢
    Company incorporated
    As SPRUCE HILL (NO. 3) MANAGEMENT COMPANY LIMITED
  27. 1996-12-05
    ➕
    BISHOP, Mary appointed
    secretary
  28. 1996-12-05
    ➕
    MARGARET, Dawson appointed
    director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 29 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Secretary Services Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Secretary Services Ltd
Corporate parent
⬇
SPRUCE HILL (NO. 3) MANAGEMENT COMPANY LIMITED
This company · NI031731

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Secretary Services Ltd
Corporate entity
——sig. influencesignificant influence01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Other · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AME (NI) LIMITED→
NI067369 · est 2007
————18y8370y
ANNALONG COMMUNITY DEVELOPMENT ASSOCIATION LIMITED→
NI029070 · est 1994 · no financials extracted
————31y8363y
BELFAST CITY VINEYARD CHURCH→
NI060526 · est 2006
——£1.29M—19y8374y
BRACKAGHREILLY AND DISTRICT COMMUNITY ASSOCIATION LIMITED→
NI044042 · est 2002 · no financials extracted
————23y8384y
BROUGHSHANE & DISTRICT COMMUNITY ASSOCIATION LIMITED→
NI010840 · est 1975 · no financials extracted
————50y8386y
CLEENISH RENEWAL CO LTD - THE→
NI059605 · est 2006
——£12.8k—19y8373y
COA COMMUNITY GROUP→
NI604118 · est 2010
——£4.5k—15y8376y
CONNECT CHRISTIAN FELLOWSHIP→
NI053634 · est 2005
——£330.3k—21y8377y
CROMAC REGENERATION INITIATIVE C.I.C.→
NI604163 · est 2010 · no financials extracted
————15y8367y
DENROY PLASTICS LIMITED→
NI012112 · est 1977 · no financials extracted
————48y8377y
DROMBOUGHIL COMMUNITY ASSOCIATION→
NI047312 · est 2003
———122y8373y
FALLS COMMUNITY COUNCIL LIMITED→
NI041704 · est 2001 · no financials extracted
————24y8381y
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
Incorporated1996-12-05
Jurisdictionnorthern-ireland
Primary SIC99999 — SIC 99999

Registered office

422 Lisburn Road
Belfast
BT9 6GN
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (2 active · 5 resigned)

SECRETARY SERVICES LTD→
corporate-secretary · appointed 2006-12-31
View their other companies + combined net worth →
Active
O'RAWE, Mark→
director · ~51y · appointed 2008-11-20
View their other companies + combined net worth →
Active
BISHOP, Mary→
secretary · appointed 1996-12-05 · resigned 2005-12-14
Resigned
RANKIN, Louise→
secretary · appointed 2005-12-14 · resigned 2006-12-31
Resigned
MARGARET, Dawson→
director · ~94y · appointed 1996-12-05 · resigned 2007-01-18
Resigned
MC CANN, Bernard→
director · ~66y · appointed 2006-08-01 · resigned 2008-11-20
Resigned
ROBINSON, Clare→
director · ~50y · appointed 2000-09-08 · resigned 2008-01-01
Resigned

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

Recent filings (85 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-dormant
accounts · AA
2025-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-dormant
accounts · AA
2024-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-06
change-corporate-secretary-company-with-change-date
officers · CH04
2023-12-06
change-corporate-secretary-company-with-change-date
officers · CH04
2023-08-17
accounts-with-accounts-type-dormant
accounts · AA
2023-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-07
accounts-with-accounts-type-dormant
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-dormant
accounts · AA
2021-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09
accounts-with-accounts-type-dormant
accounts · AA
2020-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-16