SPAV LIMITED

🌳Matureactive
SC314719 · ltd · incorporated 2007-01-16
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
76/100
Strong
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What this business does
Primary activity: Dental practice activities
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (76/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees6200

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
0
filings
Last 90 days
1
filing
  • • 1 address
Last 180 days
5
filings
  • • 1 address
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-01-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-01-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2007-02-14
    ➕
    PAVEL, Luminita Mihaela appointed
    secretary
  19. 2007-02-14
    ➕
    PAVEL, Luminita Mihaela appointed
    director
  20. 2007-02-14
    ➕
    SPATHOULAS, Konstantinos appointed
    director
  21. 2007-02-14
    ➖
    STRONACHS resigned
    corporate-nominee-secretary
  22. 2007-02-14
    ➖
    NEILSON, Ewan Craig resigned
    nominee-director
  23. 2007-01-16
    🏢
    Company incorporated
    As SPAV LIMITED
  24. 2007-01-16
    ➕
    STRONACHS appointed
    corporate-nominee-secretary
  25. 2007-01-16
    ➕
    NEILSON, Ewan Craig appointed
    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 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
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.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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
NameSharesVoting rightsNature of controlNotified
Mr Konstantinos Spathoulas
Individual · Greek · DOB 01/1975 · age 51
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Luminita Mihaela Pavel
Individual · Romanian · DOB 09/1977 · age 49
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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
Incorporated2007-01-16
Jurisdictionscotland
Primary SIC86230 — Dental practice activities

Registered office

Spav Limited Clyde Offices
2nd Floor 28 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (3 active · 2 resigned)

PAVEL, Luminita Mihaela→
secretary · appointed 2007-02-14
View their other companies + combined net worth →
Active
PAVEL, Luminita Mihaela→
director · ~49y · appointed 2007-02-14
View their other companies + combined net worth →
Active
SPATHOULAS, Konstantinos→
director · ~51y · appointed 2007-02-14
View their other companies + combined net worth →
Active
STRONACHS→
corporate-nominee-secretary · appointed 2007-01-16 · resigned 2007-02-14
Resigned
NEILSON, Ewan Craig→
nominee-director · ~68y · appointed 2007-01-16 · resigned 2007-02-14
Resigned

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

Recent filings (62 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-24
change-person-director-company-with-change-date
officers · CH01
2024-01-17
change-person-director-company-with-change-date
officers · CH01
2024-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-17