THE SPIRITED BOND LTD
No material changes in the last 30 days.
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Opportunity 75/100 (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: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £246.5k | £238.4k |
| Current assets | £15.4k | £38.4k |
| Net assets | £246.5k | £238.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (25 events)Click to expand
- 2025-09-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-09-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-19➕MCARTHUR, Graeme Victor appointeddirector
- 2025-08-19➖MCARTHUR, Michael resigneddirector
- 2025-08-19➖RATCLIFFE, Nigel Stuart resigneddirector
- 2025-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-27📄memorandum-articlesincorporation · MA
- 2022-01-27📄resolutionresolution · RESOLUTIONS
- 2022-01-27📄capital-allotment-sharescapital · SH01
- 2022-01-07📄capital-alter-shares-subdivisioncapital · SH02
- 2020-09-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-26🏢Company incorporatedAs THE SPIRITED BOND LTD
- 2020-08-26➕MACARTHUR, Thomas James, Mr. appointeddirector
- 2020-08-26➕MCARTHUR, Michael appointeddirector
- 2020-08-26➕RATCLIFFE, Nigel Stuart appointeddirector
- 2020-08-26📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MCARTHUR, Michael resigned 2025-08-19; RATCLIFFE, Nigel Stuart resigned 2025-08-19
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graeme Victor Mcarthur Individual · British · DOB 05/1963 · age 63 | 75–100% | — | 75-100% shares | 19/08/2025 |
1 historic (ceased) PSC
- Mr Nigel Stuart Ratcliffeceased 19/08/2025· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
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