GREEN SPARK UTILITY SERVICES LIMITED
🌳Matureactive
SC152612 · ltd · incorporated 1994-08-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Specialised cleaning services
Sector: Administrative & support services
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 77/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 31.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 15 with DOB)
84
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
155 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 2600 |
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
2
filings
- • 1 resolution
- • 1 incorporation
Last 90 days
2
filings
- • 1 resolution
- • 1 incorporation
Last 180 days
2
filings
- • 1 resolution
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
- 2026-04-14📄resolutionresolution · RESOLUTIONS
- 2026-04-13📄memorandum-articlesincorporation · MA
- 2025-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-10-31➕FLANAGAN, Peter William appointedsecretary
- 2023-10-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-10-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-17➖HARRISON, Chris John James resignedsecretary
- 2023-10-17➖HARRISON, Christopher John resigneddirector
- 2023-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-12🔒Charge registered #4Lender: Close Invoice Finance LTD
- 2022-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-22🔓Charge satisfied #3
- 2022-02-07➖PHILLIPS, Michael resigneddirector
- 2022-02-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-16✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-11-03➕FLANAGAN, Peter William appointeddirector
- 2021-11-03➕HARRISON, Christopher John appointeddirector
- 2020-05-29➕HARRISON, Chris John James appointedsecretary
- 2020-05-16➕FLANAGAN, Michael Eric appointeddirector
- 2019-12-11➖FAGAN, Alison resignedsecretary
- 2019-12-11➖MCGEOCH, Iain William resigneddirector
- 2019-08-14🔓Charge satisfied #2
- 2018-11-20➖MCGEOCH, Neil James resigneddirector
- 2017-06-30➕FAGAN, Alison appointedsecretary
- 2017-06-30➖GUY, Julian resignedsecretary
- 2017-06-30➖GUY, Julian resigneddirector
- 2009-04-17➕PHILLIPS, Michael appointeddirector
- 2008-06-20➕MCGEOCH, Neil James appointeddirector
- 2006-04-28➖KNOX, Alastair resigneddirector
- 2006-04-28➖MCCALLUM, Steven Hugh resigneddirector
- 2004-11-01➖SHEERIN, Joseph resigneddirector
- 2003-04-30➖BEGLEY, Stuart Robert resigneddirector
- 2003-01-17🔓Charge satisfied #1
- 2002-11-29🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2002-05-03🔒Charge registered #2Lender: Clydesdale Bank Asset Finance Limited
- 2002-05-01➕BEGLEY, Stuart Robert appointeddirector
- 2002-05-01➕KNOX, Alastair appointeddirector
- 2001-01-16➖DUFFY, Sean resigneddirector
Showing most recent 50 of 68 events
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — FLANAGAN, Peter William (same surname) appointed 2021-11-03. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Green Spark (Environmental) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Green Spark (Environmental) Ltd
Corporate parent · holds 75-100% shares · board control
⬇
GREEN SPARK UTILITY SERVICES LIMITED
This company · SC152612
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 |
|---|---|---|---|---|
Green Spark (Environmental) Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/12/2019 |
3 historic (ceased) PSCs
- Mr Michael Eric Flanaganceased 29/05/2020· significant influence
- Mr Neil James Mcgeochceased 11/12/2019· 25-50% shares
- Mr Iain William Mcgeochceased 11/12/2019· 25-50% 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 · Trade services · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IED TRAINING SOLUTIONS LIMITED→ SC508806 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| IKRAM ENGINEERING SERVICES LTD→ SC433838 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| INFINITY GARDENS LTD.→ SC607977 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| INNOVATE 28 CONSULTING LIMITED→ SC510023 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| INSIDE & OUT CLEANING SERVICES LTD→ SC835412 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INTONA LIMITED→ SC152680 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| J & J CLASSICS LTD→ SC666648 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| J & M WIND LTD→ SC429047 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| J FERGUSON PIPEFITTING LIMITED→ SC508593 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| J M WATSON LIMITED→ SC272178 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| J. D. MINTO LIMITED→ SC188292 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| J.A.G ALBA LTD→ SC502106 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated1994-08-22
Jurisdictionscotland
Primary SIC81222 — Specialised cleaning services
Registered office
14 City Quay Camperdown Street
Dundee
DD1 3JA
Scotland
Filing status
Accounts
Next due: 2026-12-29
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-05
Last: 2025-08-22
Officers (3 active · 18 resigned)
FLANAGAN, Peter William→
Activesecretary · appointed 2023-10-31
View their other companies + combined net worth →
FLANAGAN, Michael Eric→
Activedirector · ~67y · appointed 2020-05-16
View their other companies + combined net worth →
FLANAGAN, Peter William→
Activedirector · ~34y · appointed 2021-11-03
View their other companies + combined net worth →
FAGAN, Alison→
Resignedsecretary · appointed 2017-06-30 · resigned 2019-12-11
GUY, Julian→
Resignedsecretary · appointed 1998-09-17 · resigned 2017-06-30
HARRISON, Chris John James→
Resignedsecretary · appointed 2020-05-29 · resigned 2023-10-17
MARTIN, Daniel→
Resignedsecretary · appointed 1994-08-22 · resigned 1997-12-19
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-08-22 · resigned 1994-08-22
BEGLEY, Stuart Robert→
Resigneddirector · ~72y · appointed 2002-05-01 · resigned 2003-04-30
DUFFY, Sean→
Resigneddirector · ~63y · appointed 1998-08-27 · resigned 2001-01-16
GUY, Julian→
Resigneddirector · ~64y · appointed 1997-10-20 · resigned 2017-06-30
HARRISON, Christopher John→
Resigneddirector · ~62y · appointed 2021-11-03 · resigned 2023-10-17
HOWELLS, Philip Anthony→
Resigneddirector · ~71y · appointed 1996-04-11 · resigned 1997-12-19
KNOX, Alastair→
Resigneddirector · ~60y · appointed 2002-05-01 · resigned 2006-04-28
MARTIN, Daniel→
Resigneddirector · ~72y · appointed 1994-08-22 · resigned 1997-12-19
MCCALLUM, Steven Hugh→
Resigneddirector · ~60y · appointed 2000-02-17 · resigned 2006-04-28
MCGEOCH, Iain William→
Resigneddirector · ~81y · appointed 1996-07-05 · resigned 2019-12-11
MCGEOCH, Neil James→
Resigneddirector · ~49y · appointed 2008-06-20 · resigned 2018-11-20
MCLUSKEY, James Michael→
Resigneddirector · ~57y · appointed 1994-08-22 · resigned 1997-05-02
PHILLIPS, Michael→
Resigneddirector · ~64y · appointed 2009-04-17 · resigned 2022-02-07
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Invoice Finance Close Invoice Finance LTD | A registered charge | — | 12/07/2022 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 29/11/2002 | 22/03/2022 | |
| satisfied | Virgin Money Clydesdale Bank Asset Finance Limited | Floating charge | 1 property | 03/05/2002 | 14/08/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 29/09/1994 | 17/01/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (155 total)
resolution
resolution · RESOLUTIONS
2026-04-14
memorandum-articles
incorporation · MA
2026-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-16
appoint-person-secretary-company-with-name-date
officers · AP03
2023-10-31
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-25