SPI RECRUITMENT LTD
🏛️Establishedactive
SC650122 · ltd · incorporated 2019-12-20
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
£1
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Human resources provision and management of human resources functions
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 78-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1
~ 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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1 | £1 |
| Debtors | £1 | £1 |
| Net assets | £1 | £1 |
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
4
filings
- • 2 persons-with-significant-control
- • 1 officers
- • 1 capital
Last 90 days
4
filings
- • 2 persons-with-significant-control
- • 1 officers
- • 1 capital
Last 180 days
8
filings
- • 4 persons-with-significant-control
- • 2 officers
- • 1 capital
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-04-15➕JEANS, Roy Frank appointeddirector
- 2026-04-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-15📄capital-allotment-sharescapital · SH01
- 2026-01-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-28➖MCCONNELL, Susan resigneddirector
- 2025-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-31➕MCCONNELL, David George appointeddirector
- 2022-01-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-09-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-20🏢Company incorporatedAs SPI RECRUITMENT LTD
- 2019-12-20➕MCCONNELL, Susan appointeddirector
- 2019-12-20📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 78 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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 Roy Frank Jeans Individual · British · DOB 09/1951 · age 75 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/04/2026 |
Mr David George Mcconnell Individual · British · DOB 10/1948 · age 78 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/12/2025 |
1 historic (ceased) PSC
- Mrs Susan Mcconnellceased 28/12/2025· 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.
Similar companies
Active · Professional services · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASHER ASSOCIATES LIMITED→ SC189951 · est 1998 | — | — | — | 1800 | 27y | 83 | 59y |
| BROWNS FOOD GROUP LIMITED→ SC236133 · est 2002 · no financials extracted | — | — | — | — | 23y | 83 | 62y |
| CARA CONSULTANTS LTD.→ SC214972 · est 2001 | — | — | £3.2k | — | 25y | 83 | 81y |
| DRYFE VETS LIMITED→ SC266139 · est 2004 | — | — | £1.04M | — | 22y | 83 | 63y |
| GM MARINE LIMITED→ SC384029 · est 2010 | — | — | £24.2k | — | 15y | 82 | 67y |
| M.K. WELDING (NEW CAMPLE) LIMITED→ SC298674 · est 2006 | — | — | £215.6k | — | 20y | 82 | 61y |
| CRICHTON FOUNDATION→ SC361942 · est 2009 · no financials extracted | — | — | — | — | 16y | 81 | 83y |
| DEVORGILLA PROJECTS LIMITED→ SC692965 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| QUAY DESIGN (ARCHITECTS) LTD→ SC667663 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| RACHEL LITTLE LEARNING SOLUTIONS LTD→ SC644252 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| STRYDE COMPLIANCE LTD→ SC864640 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STUART HUXTABLE LIMITED→ SC393900 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2019-12-20
Jurisdictionscotland
Primary SIC78300 — Human resources provision and management of human resources functions
Registered office
Farries, Kirk & Mcvean Dumfries Enterprise Park
Heathhall
Dumfries
DG1 3SJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30
Officers (2 active · 1 resigned)
JEANS, Roy Frank→
Activedirector · ~75y · appointed 2026-04-15
View their other companies + combined net worth →
MCCONNELL, David George→
Activedirector · ~78y · appointed 2022-01-31
View their other companies + combined net worth →
MCCONNELL, Susan→
Resigneddirector · ~79y · appointed 2019-12-20 · resigned 2025-12-28
Click a director name to see their full track record across all companies.
Recent filings (23 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-15
appoint-person-director-company-with-name-date
officers · AP01
2026-04-15
capital-allotment-shares
capital · SH01
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-23
termination-director-company-with-name-termination-date
officers · TM01
2026-01-23
accounts-with-accounts-type-dormant
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-dormant
accounts · AA
2023-09-20