SPRINTER DEVELOPMENTS LIMITED

🌳Matureactive

SC200322 · ltd · incorporated 1999-09-28

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

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

Why risky: Dependent on title and valuation due diligence; standard property risks.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

£977.7k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -65% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 19.1y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 19.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

7 officers (3 active, 7 linked, 4 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

75 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £977,677

Cash draining

Cash down 65% YoY

Cash YoY

-65%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£26k

↓ 65% YoY

Net Worth

£978k

~ YoY

Current Assets

£26k

↓ 65% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31	2024-12-31
Total assets	£977.7k	£975.1k
Current assets	£25.7k	£74.1k
Cash	£25.7k	£74.1k
Net assets	£977.7k	£975.1k

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

🔒Filing-note intelligence

1 signal 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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-04-01
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-03
➖
AHMAD, Salaam resigned
director
2025-03-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
➕
AHMAD, Nasser appointed
director
2025-01-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-03-12
🔓
Charge satisfied #1
2019-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-06-28
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2014-02-10
➕
AHMAD, Salaam appointed
director
2014-02-10
➖
BURNS, Kieran resigned
director
2007-06-27
🔒
Charge registered #2
Lender: Aib Group (UK) PLC
2007-03-28
🔒
Charge registered #1
Lender: Aib Group (UK) PLC
2000-01-14
➕
BIBI, Rizwana appointed
secretary
2000-01-14
➕
BIBI, Rizwana appointed
director
2000-01-14
➖
ASHCROFT CAMERON SECRETARIES LIMITED resigned
corporate-nominee-secretary
2000-01-14
➕
BURNS, Kieran appointed
director
2000-01-14
➖
ASHCROFT CAMERON NOMINEES LIMITED resigned
corporate-nominee-director
1999-09-28
🏢
Company incorporated
As SPRINTER DEVELOPMENTS LIMITED
1999-09-28
➕
ASHCROFT CAMERON SECRETARIES LIMITED appointed
corporate-nominee-secretary
1999-09-28
➕
ASHCROFT CAMERON NOMINEES LIMITED appointed
corporate-nominee-director

Owner dependency

68/100

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 26 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

56/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Ms Rizwana Bibi Individual · British · DOB 04/1982 · age 44	25–50%	25–50%	25-50% shares · 25-50% voting	01/07/2016

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

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ARCA BUSINESS CENTRES LIMITED→ SC288589 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
ARCHIE INVESTMENTS LIMITED→ SC474472 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1999-09-28

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

214 Broomhill Drive

Glasgow

G11 7QB

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-08-29

Last: 2025-08-15

Officers (3 active · 4 resigned)

BIBI, Rizwana→

secretary · appointed 2000-01-14

View their other companies + combined net worth →

Active

AHMAD, Nasser→

director · ~41y · appointed 2025-01-06

View their other companies + combined net worth →

Active

BIBI, Rizwana→

director · ~44y · appointed 2000-01-14

View their other companies + combined net worth →

Active

ASHCROFT CAMERON SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1999-09-28 · resigned 2000-01-14

Resigned

AHMAD, Salaam→

director · ~38y · appointed 2014-02-10 · resigned 2025-03-03

Resigned

BURNS, Kieran→

director · ~44y · appointed 2000-01-14 · resigned 2014-02-10

Resigned

ASHCROFT CAMERON NOMINEES LIMITED→

corporate-nominee-director · appointed 1999-09-28 · resigned 2000-01-14

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Aib Group (UK) Aib Group (UK) PLC	Standard security	1 property	27/06/2007	—
	satisfied	Aib Group (UK) Aib Group (UK) PLC	Floating charge	1 property	28/03/2007	12/03/2020

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

Recent filings (75 total)

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2026-04-01

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-09-22

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-07-18

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

officers · TM01

2025-03-03

appoint-person-director-company-with-name-date

officers · AP01

2025-01-06

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-09-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-24

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-09-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-07-21

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2022-09-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-07-26

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2021-09-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-07-21

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2020-12-08