SPRINGS ROOFING LIMITED

🌳Matureactive

01892372 · ltd · incorporated 1985-03-05

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 Mar 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Roofing activities

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 34.2y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 34.2 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 48/100 (high).

Data confidence

Overall: medium (76/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

23 officers (6 active, 23 linked, 18 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

17 connected companies via shared directors

Filing history

180 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £716,549

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Profit before tax	£716.5k
Average employees	5200

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

🔒Filing-note intelligence

3 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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 officers

Counts from Companies House filing history.

Corporate timeline (71 events)Click to expand

2025-12-12
📄
accounts-with-accounts-type-full
accounts · AA
2025-12-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
➖
DAVIS, Julian Nigel resigned
director
2025-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-31
➖
MULDOON, Keith Alfred resigned
director
2025-05-09
➕
DAVIS, Julian Nigel appointed
director
2025-01-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-01
➖
HAYES, Thomas Edward resigned
director
2024-09-25
📄
accounts-with-accounts-type-full
accounts · AA
2024-08-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01
➕
MCMAHON, Sean appointed
director
2024-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-31
➖
SOULSBY, Keith resigned
director
2024-01-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-18
➕
DAVIES, John Peter appointed
director
2023-11-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-15
➖
BARYSHNIK, Jeff Matthew resigned
director
2023-09-20
📄
accounts-with-accounts-type-full
accounts · AA
2023-01-06
➕
BARYSHNIK, Jeff Matthew appointed
director
2023-01-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-05
📄
accounts-with-accounts-type-full
accounts · AA
2022-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-24
➖
GORDON, Richard David resigned
director
2022-01-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-12-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-12-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-10
🔓
Charge satisfied #6
2021-12-09
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-24
🔒
Charge registered #7
Lender: Northern Bear Roofing Limited
2021-11-09
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-08
📄
change-person-director-company-with-change-date
officers · CH01
2021-01-14
🔒
Charge registered #6
Lender: Northern Bear PLC
2020-06-01
➕
HAYES, Thomas Edward appointed
director
2020-03-31
➖
JENNINGS, Graham Roy resigned
director
2018-04-06
➕
SOULSBY, Paul appointed
director
2017-04-01
➕
GORDON, Richard David appointed
director
2013-02-07
➖
GRAY, Steven resigned
director
2012-10-01
➕
ROBERTS, Steven Mark appointed
director
2011-10-26
➕
EDGELL, Wendy Ann appointed
secretary
2011-10-10
➖
FORREST, Graham Stuart Lindsay resigned
secretary
2011-10-10
➖
FORREST, Graham Stuart Lindsay resigned
director
2010-01-29
➖
JAY, David resigned
director
2009-12-02
➕
FORREST, Graham Stuart Lindsay appointed
secretary
2009-12-02
➖
JAY, David resigned
secretary
2008-06-30
➕
JENNINGS, Graham Roy appointed
director
2008-04-01
➕
ROWLEY, Matthew appointed
director
2007-11-08
🔓
Charge satisfied #4
2007-11-08
🔓
Charge satisfied #3
2007-11-01
🔒
Charge registered #5
Lender: Yorkshire Bank

Showing most recent 50 of 71 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

53/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
secondary12+ year tenure: Director in role 18 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DAVIS, Julian Nigel resigned 2025-12-01; MULDOON, Keith Alfred resigned 2025-05-31

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Northern Bear Roofing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Northern Bear Roofing Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

SPRINGS ROOFING LIMITED

This company · 01892372

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
Northern Bear Roofing Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	24/11/2021

1 historic (ceased) PSC

Northern Bear Plcceased 24/11/2021· 75-100% shares

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 →

Similar companies

Active · Construction · DH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1506 JOINERY LIMITED→ 16435640 · est 2025 · no financials extracted	—	—	—	—	—	—	—
1992 JOINERY LIMITED→ 14343638 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
1NE GROUP LIMITED→ 11204186 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
2020 SCAFFOLDING SOLUTIONS LIMITED→ 12685192 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
360 UPKEEP LTD→ 16644452 · est 2025 · no financials extracted	—	—	—	—	—	—	—
369 PLOTWORKS LTD→ 15489551 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
3D ELECTRICAL LIMITED→ 10101962 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
3D GROUP NE LIMITED→ 17033074 · est 2026 · no financials extracted	—	—	—	—	—	—	—
3D MECHANICAL LIMITED→ 16604102 · est 2025 · no financials extracted	—	—	—	—	—	—	—
3D SOLAR LIMITED→ 16604743 · est 2025 · no financials extracted	—	—	—	—	—	—	—
477 MANAGEMENT LTD→ 17071642 · est 2026 · no financials extracted	—	—	—	—	—	—	—
505 PROPERTY MAINTENANCE LIMITED→ 16347780 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated1985-03-05

Jurisdictionengland-wales

Primary SIC43910 — Roofing activities

Registered office

Kimblesworth Industrial Estate

Kimblesworth

Chester Le Street

Co Durham

DH2 3QT

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-01

Last: 2025-07-18