SPARE PARTS LTD
Opportunity 65/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|
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
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-30📄gazette-notice-compulsorygazette · GAZ1
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-28➖MIKUCIONIS, Audrius resigneddirector
- 2023-12-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-07-27📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2023-07-27⚠️legacyinsolvency · CAP-SS
- 2023-07-27📄resolutionresolution · RESOLUTIONS
- 2023-07-25📄gazette-notice-compulsorygazette · GAZ1
- 2022-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-01➕MIKUCIONIS, Audrius appointeddirector
- 2022-05-10🏢Company incorporatedAs SPARE PARTS LTD
- 2022-05-10➕POSKUS, Orentas appointeddirector
- 2022-05-10📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-07-27: legacy
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Orentas Poskus Individual · Lithuanian · DOB 09/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 10/05/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| STUART, MCINTYRE & STUART (DUMBARTON) LIMITED→ SC055361 · est 1974 · no financials extracted | — | — | — | — | 52y | — | — |
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9 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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.