SPARK'S MECHANICAL SERVICES LIMITED

🌳Matureactive

SC102458 · ltd · incorporated 1986-12-18

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£3.06M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 36.4y

35/100

too messy

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

· Oldest live charge is 36.4 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

17 officers (2 active, 17 linked, 13 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

131 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3,056,382

Cash YoY

+18%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.8m

↑ 18% YoY

Net Worth

£3.1m

↑ 7.4% YoY

Current Assets

£4.6m

↓ 19% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£3.27M	£3.17M
Current assets	£4.62M	£5.72M
Cash	£1.80M	£1.52M
Debtors	£2.72M	£4.08M
Net assets	£3.06M	£2.85M

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

• 1 officers
• 1 address
• 1 confirmation-statement

Last 180 days

filings

• 1 officers
• 1 address
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2026-03-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
➖
KIRK, David Alexander resigned
director
2026-03-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-03
📄
accounts-with-accounts-type-medium
accounts · AA
2024-09-11
📄
accounts-with-accounts-type-full
accounts · AA
2023-09-22
📄
accounts-with-accounts-type-full
accounts · AA
2022-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2021-09-29
📄
accounts-with-accounts-type-full
accounts · AA
2021-02-23
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-02-23
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-16
📄
accounts-with-accounts-type-full
accounts · AA
2020-03-25
📄
auditors-resignation-company
auditors · AUD
2019-06-17
📄
accounts-with-accounts-type-full
accounts · AA
2018-10-04
📄
accounts-with-accounts-type-full
accounts · AA
2017-10-05
📄
accounts-with-accounts-type-full
accounts · AA
2017-09-05
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2017-09-01
➖
BORLAND, Tracy resigned
secretary
2017-09-01
➖
GOODCHILD, Paul Alan resigned
director
2017-09-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-08-21
➕
BORLAND, Tracy appointed
secretary
2017-08-21
➖
FORREST, Lesley resigned
secretary
2017-06-02
🔒
Charge registered #4
Lender: Lloyds Bank Commercial Finance LTD
2017-02-13
➖
ARGO, Charles Cameron resigned
director
2016-12-31
➖
DELDAY, Russell resigned
director
2013-09-17
➖
WATT, Grigor resigned
director
2013-03-31
➖
KIRK, Alexander Clark resigned
director
2010-03-31
➖
LEIPER, Steven Albert resigned
director
2009-07-15
➕
GOODCHILD, Paul Alan appointed
director
2009-02-01
➕
FORREST, Lesley appointed
secretary
2009-02-01
➖
KIRK, Alexander Clark resigned
secretary
2008-12-12
🔒
Charge registered #3
Lender: Bank of Scotland PLC
2008-06-03
➕
LEIPER, Steven Albert appointed
director
2008-06-03
➕
WATT, Grigor appointed
director
2007-12-27
➖
PARKER, Maureen resigned
director
2007-04-06
➖
CRAIG, George resigned
director
2007-01-25
➕
FORREST, Lesley appointed
director
2004-01-20
➖
BLACK, Alan resigned
director
2001-05-03
➕
BURNETT, Roger Ian Steele appointed
director
2001-05-03
➕
BLACK, Alan appointed
director
2001-05-03
➕
DELDAY, Russell appointed
director
2001-05-03
➕
KIRK, David Alexander appointed
director
2000-07-13
➕
PARKER, Maureen appointed
director
1997-02-10
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
1993-04-13
➖
DUTHIE, Alexander Macintosh resigned
secretary
1993-04-13
➖
DUTHIE, Alexander Macintosh resigned
director
1990-01-05
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
1986-12-18
🏢
Company incorporated
As SPARK'S MECHANICAL SERVICES LIMITED

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 39 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

Sparks (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Sparks (Holdings) Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

SPARK'S MECHANICAL SERVICES LIMITED

This company · SC102458

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%

Name	Shares	Voting rights	Nature of control	Notified
Sparks (Holdings) Limited Corporate entity	75–100%	—	75-100% shares	20/02/2020

1 historic (ceased) PSC

Bkf Twenty-Seven Limitedceased 20/02/2020· 75-100% shares

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 →

Similar companies

Active · Construction · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
HUTCHEON SERVICES LIMITED→ SC071884 · est 1980	£3.47M £2.48M–£4.46M	—	—	17200	45y	84	61y
M.T.M.CONSTRUCTION LIMITED→ SC056163 · est 1974	£2.93M £2.10M–£3.77M	—	—	5200	51y	87	76y
THISTLE WINDOWS & CONSERVATORIES LIMITED→ SC159622 · est 1995	£1.28M £917.3k–£1.65M	—	—	119	30y	84	65y
SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
AM CAMPBELL (UK) LTD.→ SC212573 · est 2000	—	—	£72.9k	—	25y	83	63y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	22y	83	59y
WHITEHILLS DEVELOPMENT CO. LTD.→ SC216307 · est 2001	—	—	£49.1k	—	25y	83	75y
A & B BUCHAN LIMITED→ SC375607 · est 2010	—	—	£945.4k	—	16y	82	62y
ABERDEEN & NORTH EAST HEATING LIMITED→ SC202054 · est 1999	—	—	£43.0k	—	26y	82	65y

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

Incorporated1986-12-18

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

. Broadfold Road

Bridge Of Don Industrial Estate

Aberdeen

AB23 8EE

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-06

Last: 2026-02-20

Officers (2 active · 15 resigned)

BURNETT, Roger Ian Steele→

director · ~59y · appointed 2001-05-03

View their other companies + combined net worth →

Active

FORREST, Lesley→

director · ~57y · appointed 2007-01-25

View their other companies + combined net worth →

Active

BORLAND, Tracy→

secretary · appointed 2017-08-21 · resigned 2017-09-01

Resigned

DUTHIE, Alexander Macintosh→

secretary · resigned 1993-04-13

Resigned

FORREST, Lesley→

secretary · appointed 2009-02-01 · resigned 2017-08-21

Resigned

KIRK, Alexander Clark→

secretary · resigned 2009-02-01

Resigned

ARGO, Charles Cameron→

director · ~77y · resigned 2017-02-13

Resigned

BLACK, Alan→

director · ~67y · appointed 2001-05-03 · resigned 2004-01-20

Resigned

CRAIG, George→

director · ~78y · resigned 2007-04-06

Resigned

DELDAY, Russell→

director · ~65y · appointed 2001-05-03 · resigned 2016-12-31

Resigned

DUTHIE, Alexander Macintosh→

director · ~94y · resigned 1993-04-13

Resigned

GOODCHILD, Paul Alan→

director · ~46y · appointed 2009-07-15 · resigned 2017-09-01

Resigned

KIRK, Alexander Clark→

director · ~83y · resigned 2013-03-31

Resigned

KIRK, David Alexander→

director · ~59y · appointed 2001-05-03 · resigned 2026-03-27

Resigned

LEIPER, Steven Albert→

director · ~46y · appointed 2008-06-03 · resigned 2010-03-31

Resigned

PARKER, Maureen→

director · ~59y · appointed 2000-07-13 · resigned 2007-12-27

Resigned

WATT, Grigor→

director · ~60y · appointed 2008-06-03 · resigned 2013-09-17

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Lloyds Banking Group Lloyds Bank Commercial Finance LTD	A registered charge	—	02/06/2017	—
outstanding	Lloyds Banking Group Bank of Scotland PLC	Bond & floating charge	1 property	12/12/2008	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	10/02/1997	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	05/01/1990	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (131 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-03-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-03-20