SPRANG TERRAS NOMINEES LIMITED

🏛️Establishedactive
SC646816 · ltd · incorporated 2019-11-11
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 Dec 2024
Net worth
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
13 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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£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

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

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 (11 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-11-04
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  7. 2019-11-11
    🏢
    Company incorporated
    As SPRANG TERRAS NOMINEES LIMITED
  8. 2019-11-11
    TERRAS, Euan Maxwell appointed
    secretary
  9. 2019-11-11
    SPRANG, Alan Kenneth appointed
    director
  10. 2019-11-11
    TERRAS, Euan Maxwell appointed
    director
  11. 2019-11-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Founder name in company name: Company name contains director surname "SPRANG" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

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

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.

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 Alan Kenneth Sprang
Individual · British · DOB 03/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting11/11/2019
Mr Euan Maxwell Terras
Individual · British · DOB 02/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting11/11/2019

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2019-11-11
Jurisdictionscotland
Primary SIC69102 — Solicitors

Registered office

64 Kyle Street
Ayr
KA7 1RZ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (3 active · 0 resigned)

TERRAS, Euan Maxwell
secretary · appointed 2019-11-11
View their other companies + combined net worth →
Active
SPRANG, Alan Kenneth
director · ~67y · appointed 2019-11-11
View their other companies + combined net worth →
Active
TERRAS, Euan Maxwell
director · ~56y · appointed 2019-11-11
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
accounts-with-accounts-type-dormant
accounts · AA
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-dormant
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-dormant
accounts · AA
2023-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
accounts-with-accounts-type-dormant
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-12
accounts-with-accounts-type-dormant
accounts · AA
2021-07-22
change-account-reference-date-company-current-extended
accounts · AA01
2020-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-04
incorporation-company
incorporation · NEWINC
2019-11-11