STORAGE PRODUCTS SERVICES LIMITED

🌳Matureactive
SC166051 · ltd · incorporated 1996-06-03
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£54.9k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 80100Private security activities
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 71/100 (strong), bankability 75/100. Strong seller-intent signal (88/100, director aged 69). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 28.9y

70/100
ready

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

  • · Oldest live charge is 28.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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 £54,888
Net assets shrinking
Down £85,436 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£55k
↓ 61% YoY
Current Assets
£157k
↓ 22% YoY
Current Liabilities
—
£0£40k£80k£121k£161k£201kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£54.9k£140.3k
Current assets£157.3k£200.9k
Net assets£54.9k£140.3k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-11-25
    ➕
    STEEL, Jane appointed
    director
  8. 2021-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-09-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-09-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2021-09-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-09-21
    🔓
    Charge satisfied #8
  13. 2021-09-21
    🔓
    Charge satisfied #7
  14. 2021-09-21
    🔓
    Charge satisfied #2
  15. 2021-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2021-09-20
    🔓
    Charge satisfied #6
  18. 2021-09-20
    🔓
    Charge satisfied #4
  19. 2021-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2020-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2018-08-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2018-06-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2018-06-27
    🔓
    Charge satisfied #3
  25. 2013-09-17
    🔒
    Charge registered #8
    Lender: The Royal Bank of Scotland PLC
  26. 2013-09-02
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  27. 2013-05-14
    🔓
    Charge satisfied #5
  28. 2008-07-01
    ➕
    STEEL, Jane appointed
    secretary
  29. 2008-07-01
    ➖
    JM & J MAILER SOLICITORS resigned
    corporate-secretary
  30. 2007-10-04
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  31. 2005-09-01
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  32. 2003-08-15
    🔓
    Charge satisfied #1
  33. 2003-07-25
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  34. 2003-05-28
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  35. 2001-01-25
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  36. 2000-05-01
    ➖
    STEEL, Jane resigned
    secretary
  37. 2000-05-01
    ➕
    JM & J MAILER SOLICITORS appointed
    corporate-secretary
  38. 1997-06-19
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  39. 1996-06-03
    🏢
    Company incorporated
    As STORAGE PRODUCTS SERVICES LIMITED
  40. 1996-06-03
    ➕
    STEEL, James Henry appointed
    director
  41. 1996-06-03
    ➕
    STEEL, Jane appointed
    secretary
  42. 1996-06-03
    ➕
    COMBINED SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-secretary
  43. 1996-06-03
    ➖
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-secretary
  44. 1996-06-03
    ➕
    COMBINED NOMINEES LIMITED appointed
    corporate-nominee-director
  45. 1996-06-03
    ➖
    COMBINED NOMINEES LIMITED resigned
    corporate-nominee-director
  46. 1996-06-03
    ➕
    COMBINED SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-director
  47. 1996-06-03
    ➖
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-17

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Henry Steel
Individual · Scottish · DOB 04/1957 · age 69
25–50%
—25-50% shares06/04/2016

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

8 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
Incorporated1996-06-03
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

Easterton West
Stirling Road
Denny
FK6 6RF
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-03-17OVERDUE
Last: 2025-03-03

Officers (3 active · 5 resigned)

STEEL, Jane→
secretary · appointed 2008-07-01
View their other companies + combined net worth →
Active
STEEL, James Henry→
director · ~69y · appointed 1996-06-03
View their other companies + combined net worth →
Active
STEEL, Jane→
director · ~65y · appointed 2021-11-25
View their other companies + combined net worth →
Active
STEEL, Jane→
secretary · appointed 1996-06-03 · resigned 2000-05-01
Resigned
COMBINED SECRETARIAL SERVICES LIMITED→
corporate-nominee-secretary · appointed 1996-06-03 · resigned 1996-06-03
Resigned
JM & J MAILER SOLICITORS→
corporate-secretary · appointed 2000-05-01 · resigned 2008-07-01
Resigned
COMBINED NOMINEES LIMITED→
corporate-nominee-director · appointed 1996-06-03 · resigned 1996-06-03
Resigned
COMBINED SECRETARIAL SERVICES LIMITED→
corporate-nominee-director · appointed 1996-06-03 · resigned 1996-06-03
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property17/09/201321/09/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property02/09/201321/09/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/10/200720/09/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property01/09/200514/05/2013
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property25/07/200320/09/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property28/05/200327/06/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property25/01/200121/09/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property19/06/199715/08/2003

Recent filings (96 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-24
appoint-person-director-company-with-name-date
officers · AP01
2021-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-20