SEOPA LTD

📈Growthactive
NI046322 · ltd · incorporated 2003-04-25
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
£32.38M
year to Feb 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. 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: strategic trade sale (80/100).

🏦

Refinance opportunity

1 live charge · oldest 10.3y

95/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £8,132,911
Strong revenue growth
Turnover up 30% YoY
Turnover YoY
+30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Turnover£32.38M£24.90M
Gross profit£11.33M£8.57M
Operating profit£6.30M£3.62M
Profit before tax£8.13M£4.55M
Average employees75007200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-07-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2024-11-29
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  4. 2024-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-12-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2022-12-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-03-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2022-01-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2022-01-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2020-12-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2019-12-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2019-11-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2019-11-13
    🔓
    Charge satisfied #1
  14. 2019-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-01-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-02-04
    🔒
    Charge registered #1
    Lender: Metro Bank PLC
  19. 2003-04-25
    🏢
    Company incorporated
    As SEOPA LTD
  20. 2003-04-25
    WILSON, Rosemary Margaret appointed
    secretary
  21. 2003-04-25
    WILSON, Gregory Raymond appointed
    director

Owner dependency

90/100
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 23 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 23 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

Seopa Holdings Ltd holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Seopa Holdings Ltd
Corporate parent · holds 50-75% shares
majority
SEOPA LTD
This company · NI046322

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Seopa Holdings Ltd
Corporate entity
5075%
50-75% shares06/04/2016
Mr Gregory Raymond Wilson
Individual · British · DOB 08/1975 · age 51
sig. influencesignificant influence06/04/2016

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

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
Incorporated2003-04-25
Jurisdictionnorthern-ireland
Primary SIC65120 — Non-life insurance

Registered office

Floor 4 Blackstaff Studios
8-10 Amelia Street
Belfast
BT2 7GS
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (2 active · 0 resigned)

WILSON, Rosemary Margaret
secretary · appointed 2003-04-25
View their other companies + combined net worth →
Active
WILSON, Gregory Raymond
director · ~51y · appointed 2003-04-25
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Metro Bank
Metro Bank PLC
A registered charge04/02/201613/11/2019

Recent filings (76 total)

accounts-with-accounts-type-medium
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-medium
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-12
accounts-with-accounts-type-full
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-05
accounts-with-accounts-type-full
accounts · AA
2022-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-full
accounts · AA
2022-03-03
gazette-filings-brought-up-to-date
gazette · DISS40
2022-01-26
gazette-notice-compulsory
gazette · GAZ1
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28