OFFICE CHAIRS (U.K.) LIMITED
No material changes in the last 30 days.
No material changes in the last 90 days.
No snapshot from 180 days ago — start tracking from today.
Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (69/100)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
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (11 events)Click to expand
- 2025-12-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-27➖GILLESPIE, Gareth Mervyn resigneddirector
- 2025-03-25➕DUTTON, Ross appointeddirector
- 2024-01-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-07🏢Company incorporatedAs OFFICE CHAIRS (U.K.) LIMITED
- 2023-12-07➕GILLESPIE, Gareth Mervyn appointeddirector
- 2023-12-07📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Young company: Only 2.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Saxen Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Saxen Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 25/03/2025 |
1 historic (ceased) PSC
- Mr Gareth Mervyn Gillespieceased 27/03/2025· 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.
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8 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)
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