SPARTEK SYSTEMS UK LTD

🌳Matureactive
SC261682 · ltd · incorporated 2004-01-09
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 22.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 46690Wholesale of other machinery and equipment
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.0y

85/100
ready

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

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, 2 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
18 officers (3 active, 18 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees3300

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-07-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-07-31
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  4. 2025-02-27
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  5. 2024-08-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-07-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-09-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-04-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-02-11
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  10. 2021-02-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2021-01-01
    ➕
    MHA appointed
    corporate-secretary
  12. 2021-01-01
    ➖
    SHEPHERD & WEDDERBURN SECRETARIES LIMITED resigned
    corporate-secretary
  13. 2020-08-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-06-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-10-19
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  16. 2018-08-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2017-07-19
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  18. 2013-04-23
    ➖
    WARNICK, Curt David resigned
    secretary
  19. 2013-04-23
    ➕
    SHEPHERD & WEDDERBURN SECRETARIES LIMITED appointed
    corporate-secretary
  20. 2012-10-30
    🔓
    Charge satisfied #1
  21. 2012-10-26
    ➕
    SCHMIDT, Mathew G appointed
    director
  22. 2012-10-26
    ➕
    WARNICK, Curt David appointed
    director
  23. 2012-10-26
    ➕
    WARNICK, Curt David appointed
    secretary
  24. 2012-10-26
    ➖
    RAEBURN CHRISTIE CLARK & WALLACE resigned
    corporate-secretary
  25. 2012-10-26
    ➖
    CARMICHAEL, Neil Philip resigned
    director
  26. 2012-10-26
    ➖
    MACARTHUR, Deborah Catherine Flora resigned
    director
  27. 2012-10-26
    ➖
    MACARTHUR, John resigned
    director
  28. 2012-10-26
    ➖
    PALAO, Martha Cecila Carrera resigned
    director
  29. 2012-10-26
    ➖
    WASS, Diane Louise Ann, Dr resigned
    director
  30. 2012-07-30
    ➕
    CARMICHAEL, Neil Philip appointed
    director
  31. 2012-06-20
    ➖
    SOUTHGATE, Anthony Michael resigned
    director
  32. 2011-12-02
    ➖
    MACDONALD, Murdo Norman resigned
    director
  33. 2011-06-16
    ➖
    ELLIS, Richard John Muir resigned
    director
  34. 2010-08-26
    ➕
    MACDONALD, Murdo Norman appointed
    director
  35. 2010-08-19
    ➕
    MACARTHUR, Deborah Catherine Flora appointed
    director
  36. 2010-08-19
    ➕
    PALAO, Martha Cecila Carrera appointed
    director
  37. 2010-08-19
    ➕
    SOUTHGATE, Anthony Michael appointed
    director
  38. 2010-08-19
    ➕
    WASS, Diane Louise Ann, Dr appointed
    director
  39. 2010-08-02
    ➕
    ELLIS, Richard John Muir appointed
    director
  40. 2010-06-02
    ➖
    PALAO, Martha Cecila Carrera resigned
    director
  41. 2010-05-28
    ➕
    MACARTHUR, John appointed
    director
  42. 2010-03-25
    ➖
    MACARTHUR, John resigned
    director
  43. 2010-03-25
    ➕
    PALAO, Martha Cecila Carrera appointed
    director
  44. 2009-10-28
    ➖
    PALAO, Martha Cecila Carrera resigned
    director
  45. 2008-07-18
    ➕
    PALAO, Martha Cecila Carrera appointed
    director
  46. 2004-04-27
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  47. 2004-01-09
    🏢
    Company incorporated
    As SPARTEK SYSTEMS UK LTD
  48. 2004-01-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  49. 2004-01-09
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  50. 2004-01-09
    ➕
    RAEBURN CHRISTIE CLARK & WALLACE appointed
    corporate-secretary
Showing most recent 50 of 51 events

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

79/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 22 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

Spartek Systems Inc. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Spartek Systems Inc.
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
SPARTEK SYSTEMS UK LTD
This company · SC261682

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%
NameSharesVoting rightsNature of controlNotified
Spartek Systems Inc.
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control17/07/2017

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

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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
Incorporated2004-01-09
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

Sheriffburn House
West Broomhill
Kintore
Aberdeenshire
AB51 0XA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-02
Last: 2026-01-19

Officers (3 active · 15 resigned)

MHA→
corporate-secretary · appointed 2021-01-01
View their other companies + combined net worth →
Active
SCHMIDT, Mathew G→
director · ~67y · appointed 2012-10-26
View their other companies + combined net worth →
Active
WARNICK, Curt David→
director · ~65y · appointed 2012-10-26
View their other companies + combined net worth →
Active
WARNICK, Curt David→
secretary · appointed 2012-10-26 · resigned 2013-04-23
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-01-09 · resigned 2004-01-09
Resigned
RAEBURN CHRISTIE CLARK & WALLACE→
corporate-secretary · appointed 2004-01-09 · resigned 2012-10-26
Resigned
SHEPHERD & WEDDERBURN SECRETARIES LIMITED→
corporate-secretary · appointed 2013-04-23 · resigned 2021-01-01
Resigned
CARMICHAEL, Neil Philip→
director · ~73y · appointed 2012-07-30 · resigned 2012-10-26
Resigned
ELLIS, Richard John Muir→
director · ~81y · appointed 2010-08-02 · resigned 2011-06-16
Resigned
MACARTHUR, Deborah Catherine Flora→
director · ~46y · appointed 2010-08-19 · resigned 2012-10-26
Resigned
MACARTHUR, John→
director · ~57y · appointed 2010-05-28 · resigned 2012-10-26
Resigned
MACARTHUR, John→
director · ~77y · appointed 2004-01-09 · resigned 2010-03-25
Resigned
MACDONALD, Murdo Norman→
director · ~72y · appointed 2010-08-26 · resigned 2011-12-02
Resigned
PALAO, Martha Cecila Carrera→
director · ~65y · appointed 2010-08-19 · resigned 2012-10-26
Resigned
PALAO, Martha Cecila Carrera→
director · ~65y · appointed 2010-03-25 · resigned 2010-06-02
Resigned
PALAO, Martha Cecila Carrera→
director · ~65y · appointed 2008-07-18 · resigned 2009-10-28
Resigned
SOUTHGATE, Anthony Michael→
director · ~72y · appointed 2010-08-19 · resigned 2012-06-20
Resigned
WASS, Diane Louise Ann, Dr→
director · ~54y · appointed 2010-08-19 · resigned 2012-10-26
Resigned

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
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/04/200430/10/2012

Recent filings (99 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-small
accounts · AA
2025-08-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-31
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-27
change-corporate-secretary-company-with-change-date
officers · CH04
2025-02-27
accounts-with-accounts-type-small
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-small
accounts · AA
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-small
accounts · AA
2022-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-small
accounts · AA
2021-04-30
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-02-11
termination-secretary-company-with-name-termination-date
officers · TM02
2021-02-10