SPRING INDUSTRIAL LIMITED
🏛️Establishedactive
SC545449 · ltd · incorporated 2016-09-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.95M
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (3 active, 11 linked, 10 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,954,200
Key financials
1 year extracted from filed iXBRL accountsCash
£830k
Net Worth
£2.0m
Current Assets
£3.3m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £1.99M |
| Current assets | £3.26M |
| Cash | £830.2k |
| Debtors | £1.12M |
| Net assets | £1.95M |
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
0
filings
Last 180 days
16
filings
- • 9 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-11-10📄memorandum-articlesincorporation · MA
- 2025-11-10📄resolutionresolution · RESOLUTIONS
- 2025-11-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-11-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-07➕GOODE, David Stuart appointeddirector
- 2025-11-07➕SANDERS, Paul appointeddirector
- 2025-11-07➕SMITH, Joanna appointeddirector
- 2025-11-07➖DUNCAN, Ian resigneddirector
- 2025-11-07➖HALL, Marc resigneddirector
- 2025-11-07➖NISBET, Jarrid resigneddirector
- 2025-11-07➖WARD, John James resigneddirector
- 2025-11-07➖WARD, Jonathan resigneddirector
- 2025-11-07➖WILSON, Michael Francis resigneddirector
- 2025-11-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄capital-allotment-sharescapital · SH01
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-04➕HALL, Marc appointeddirector
- 2025-09-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-04📄resolutionresolution · RESOLUTIONS
- 2025-08-29📄resolutionresolution · RESOLUTIONS
- 2025-01-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-01➕DUNCAN, Ian appointeddirector
- 2024-09-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-26📄capital-cancellation-sharescapital · SH06
- 2024-02-29➖GARVEY, Ronnie Tony resigneddirector
- 2021-01-01➕NISBET, Jarrid appointeddirector
- 2020-10-31➕WILSON, Michael Francis appointeddirector
- 2020-09-01➖SPRING DISTRIBUTION (SCOTLAND) LTD resignedcorporate-director
- 2018-12-14➕WARD, John James appointeddirector
- 2018-12-14➕WARD, Jonathan appointeddirector
- 2016-09-15🏢Company incorporatedAs SPRING INDUSTRIAL LIMITED
- 2016-09-15➕GARVEY, Ronnie Tony appointeddirector
- 2016-09-15➕SPRING DISTRIBUTION (SCOTLAND) LTD appointedcorporate-director
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·6 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: DUNCAN, Ian resigned 2025-11-07; HALL, Marc resigned 2025-11-07; NISBET, Jarrid resigned 2025-11-07
Group structure
Diploma Uk Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Diploma Uk Holdings Limited
Corporate parent · holds 75-100% shares
⬇
SPRING INDUSTRIAL LIMITED
This company · SC545449
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Diploma Uk Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 07/11/2025 |
2 historic (ceased) PSCs
- Mr Jonathan Wardceased 07/11/2025· 75-100% shares · 75-100% voting · board control
- Mr John James Wardceased 20/12/2021· 75-100% shares · 75-100% voting · board control
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 · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SUPERONI LIMITED→ SC577242 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| SYNTHWAVE TECHNOLOGIES LTD→ SC798794 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TAJSPICES WHOLESALE LIMITED→ SC666334 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| TAKE ACTION LTD→ SC802328 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TARTAN TRENDS LIMITED→ SC828472 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TAYLORS CREATIVE LIVING LTD→ SC784949 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TERRA COFFEE ARTISAN LTD→ SC802090 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TERRAPIN TRADING LTD→ SC546838 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| THE AGED WOOD COMPANY LTD→ SC834831 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE ARABICA BEAN COFFEE COMPANY LTD→ SC844495 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE BOTTLERS LIMITED→ SC229042 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| THE BROODY HEN LIMITED→ SC631435 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2016-09-15
Jurisdictionscotland
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
14 Blackburn Road Blackburn Road
Bathgate
EH48 2EY
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (3 active · 8 resigned)
GOODE, David Stuart→
Activedirector · ~49y · appointed 2025-11-07
View their other companies + combined net worth →
SANDERS, Paul→
Activedirector · ~47y · appointed 2025-11-07
View their other companies + combined net worth →
SMITH, Joanna→
Activedirector · ~50y · appointed 2025-11-07
View their other companies + combined net worth →
DUNCAN, Ian→
Resigneddirector · ~57y · appointed 2024-11-01 · resigned 2025-11-07
GARVEY, Ronnie Tony→
Resigneddirector · ~50y · appointed 2016-09-15 · resigned 2024-02-29
HALL, Marc→
Resigneddirector · ~45y · appointed 2025-09-04 · resigned 2025-11-07
NISBET, Jarrid→
Resigneddirector · ~38y · appointed 2021-01-01 · resigned 2025-11-07
WARD, John James→
Resigneddirector · ~62y · appointed 2018-12-14 · resigned 2025-11-07
WARD, Jonathan→
Resigneddirector · ~35y · appointed 2018-12-14 · resigned 2025-11-07
WILSON, Michael Francis→
Resigneddirector · ~64y · appointed 2020-10-31 · resigned 2025-11-07
SPRING DISTRIBUTION (SCOTLAND) LTD→
Resignedcorporate-director · appointed 2016-09-15 · resigned 2020-09-01
Click a director name to see their full track record across all companies.
Recent filings (60 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-30
memorandum-articles
incorporation · MA
2025-11-10
resolution
resolution · RESOLUTIONS
2025-11-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-10
appoint-person-director-company-with-name-date
officers · AP01
2025-11-10
change-account-reference-date-company-current-extended
accounts · AA01
2025-11-07
appoint-person-director-company-with-name-date
officers · AP01
2025-11-07
appoint-person-director-company-with-name-date
officers · AP01
2025-11-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-07