THE SPARK EROSION CENTRE LIMITED

🌳Matureactive

SC278357 · ltd · incorporated 2005-01-12

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 20.9y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.9k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.9y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 20.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

62 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

82/100Exceptional

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 £1,904

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£599.5k	£599.5k
Net assets	£1.9k	£1.9k

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

Last 180 days

filings

• 2 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-02-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-06
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change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-10
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-10
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-17
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-19
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-13
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-04
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-12-04
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change-person-director-company-with-change-date
officers · CH01
2018-12-04
📄
change-person-director-company-with-change-date
officers · CH01
2018-06-12
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-03
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-08-26
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accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-08-01
🔒
Charge registered #1
Lender: Lloyds Tsb Scotland PLC
2005-07-15
➕
BRYNES, William appointed
secretary
2005-07-15
➕
BRYNES, William appointed
director
2005-07-15
➕
THOMSON, Gilbert appointed
director
2005-07-15
➖
SF SECRETARIES LIMITED resigned
corporate-secretary
2005-07-15
➖
SF SECRETARIES LIMITED resigned
corporate-nominee-director
2005-01-12
🏢
Company incorporated
As THE SPARK EROSION CENTRE LIMITED
2005-01-12
➕
SF SECRETARIES LIMITED appointed
corporate-secretary
2005-01-12
➕
SF SECRETARIES LIMITED appointed
corporate-nominee-director

Owner dependency

83/100

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 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100

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 66. 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 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr William Brynes Individual · Scottish · DOB 04/1970 · age 56	25–50%	25–50%	25-50% shares · 25-50% voting · firm interest	06/04/2016
Mr Gilbert Morrison Thomson Individual · Scottish · DOB 04/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting · firm interest	06/04/2016

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 →

Similar companies

Active · Holding company · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ELLISLAND PROPERTIES LIMITED→ SC230498 · est 2002	£3.39M £2.88M–£3.89M	—	£3.39M	—	24y	82	72y
KCM HOLDINGS (SCOTLAND) LTD.→ SC378862 · est 2010	£1.97M £1.67M–£2.26M	—	£1.97M	—	16y	82	64y
SCOTWELD GROUP SERVICES LIMITED→ SC183317 · est 1998	£1.85M £1.58M–£2.13M	—	£1.85M	—	28y	83	74y
JACDAW HOLDINGS LIMITED→ SC389903 · est 2010	£1.13M £960.3k–£1.30M	—	£1.13M	—	15y	82	69y
COOLEY PROPERTIES LIMITED→ SC300204 · est 2006	£765.3k £650.5k–£880.1k	—	£765.3k	—	20y	82	72y
MOULDED FOAMS (SCOTLAND) LTD→ SC311076 · est 2006	£435.6k £370.2k–£500.9k	—	£435.6k	—	19y	83	62y
MMA GROUP LIMITED→ SC179750 · est 1997	£384.4k £326.8k–£442.1k	—	£384.4k	—	28y	82	64y
FLAGSHIP HOTELS LIMITED→ SC230503 · est 2002	£234.4k £199.2k–£269.5k	—	£234.4k	—	24y	82	72y
C SPARKS ELECTRICAL LIMITED→ SC242376 · est 2003	£30.0k £25.5k–£34.5k	—	£30.0k	—	23y	82	63y
TRIMALGAM INVESTMENTS LIMITED→ SC114817 · est 1988	£21.4k £18.2k–£24.6k	—	£21.4k	—	37y	82	80y
R.A. WOTHERSPOON LIMITED→ SC030948 · est 1955	£16.1k £13.7k–£18.5k	—	£16.1k	—	70y	82	60y
KIRKWOOD PRECISION ENGINEERS LIMITED→ SC077399 · est 1982	£10.0k £8.5k–£11.5k	—	£10.0k	—	44y	82	64y

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

Incorporated2005-01-12

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

C/O Spark Erosion Centre

Third Road Blantyre Industrial Estate

Glasgow

Lanarkshire

G72 0UP

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-20

Last: 2026-01-06

Officers (3 active · 2 resigned)

BRYNES, William→

secretary · appointed 2005-07-15

View their other companies + combined net worth →

Active

BRYNES, William→

director · ~56y · appointed 2005-07-15

View their other companies + combined net worth →

Active

THOMSON, Gilbert→

director · ~66y · appointed 2005-07-15

View their other companies + combined net worth →

Active

SF SECRETARIES LIMITED→

corporate-secretary · appointed 2005-01-12 · resigned 2005-07-15

Resigned

SF SECRETARIES LIMITED→

corporate-nominee-director · appointed 2005-01-12 · resigned 2005-07-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Lloyds Tsb Scotland PLC	Bond & floating charge	1 property	01/08/2005	—

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

Recent filings (62 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-02-06

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-02-06