SPS AEROSTRUCTURES LIMITED

🌳Matureactive
01945689 · ltd · incorporated 1985-09-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 37.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 37.6y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 37.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
42 officers (7 active, 42 linked, 35 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
206 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (99 events)Click to expand
  1. 2025-07-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-07-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-07-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-02-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2024-02-14
    JUDSON, Lee appointed
    secretary
  6. 2023-11-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2023-08-16
    ROEBUCK, Neil David resigned
    director
  8. 2023-08-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-08-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2022-12-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-12-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-05-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2021-12-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2021-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-08-31
    RATTU, Inderjit Kumar resigned
    director
  16. 2021-07-07
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  17. 2021-07-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-07-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-07-01
    PUETZ, James Robert appointed
    director
  20. 2021-06-30
    BECKER, Roger Paul resigned
    director
  21. 2021-02-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2019-11-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2019-11-12
    POWER, Alan J appointed
    director
  25. 2019-11-12
    SNOWDEN, Joe resigned
    director
  26. 2019-09-20
    ROEBUCK, Neil David appointed
    director
  27. 2019-02-15
    RATTU, Inderjit Kumar appointed
    director
  28. 2018-12-21
    BAILEY, Monika Anna resigned
    secretary
  29. 2018-12-21
    BAILEY, Monika Anna resigned
    director
  30. 2018-08-20
    ARMANGO, Anna Marie appointed
    director
  31. 2018-08-20
    PATTEE, Russell Scott resigned
    director
  32. 2018-07-20
    BLACKMORE, Steven Craig resigned
    director
  33. 2016-11-30
    MASTERMAN, Andrew Van Rensselaer resigned
    director
  34. 2015-10-27
    FREEMAN-MASSEY, Janet appointed
    secretary
  35. 2015-05-11
    BAILEY, Monika Anna appointed
    director
  36. 2014-12-31
    WARING, David resigned
    director
  37. 2014-11-10
    BECKER, Roger Paul resigned
    director
  38. 2014-10-28
    SNOWDEN, Joe appointed
    director
  39. 2014-10-10
    STEIN, Kevin Michael resigned
    director
  40. 2014-01-22
    MASTERMAN, Andrew Van Rensselaer appointed
    director
  41. 2013-09-24
    BECKER, Roger Paul appointed
    director
  42. 2013-06-01
    BEYER, Ruth Ann appointed
    director
  43. 2013-06-01
    BECKER, Roger Paul appointed
    director
  44. 2013-06-01
    BECKER, Roger Paul resigned
    director
  45. 2013-06-01
    COOKE, Roger Anthony resigned
    director
  46. 2012-08-29
    BARRETT, Sean Colin resigned
    director
  47. 2012-05-11
    WARING, David appointed
    director
  48. 2010-08-18
    WARING, David resigned
    director
  49. 2010-08-17
    WARING, David appointed
    director
  50. 2010-08-13
    WARING, David resigned
    director
Showing most recent 50 of 99 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
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

Sps Technologies Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sps Technologies Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SPS AEROSTRUCTURES LIMITED
This company · 01945689

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%
NameSharesVoting rightsNature of controlNotified
Sps Technologies Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/12/2022
1 historic (ceased) PSC
  • Sps Chevron Limitedceased 14/12/2022· 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 →

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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
Incorporated1985-09-09
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Willow Drive
Sherwood Business Park
Annesley
Nottinghamshire
NG15 0DP

Filing status

Accounts
Next due: 2026-09-29
Last made up to: 2024-12-29
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (7 active · 35 resigned)

FREEMAN-MASSEY, Janet
secretary · appointed 2015-10-27
View their other companies + combined net worth →
Active
JUDSON, Lee
secretary · appointed 2024-02-14
View their other companies + combined net worth →
Active
ARMANGO, Anna Marie
director · ~45y · appointed 2018-08-20
View their other companies + combined net worth →
Active
BEYER, Ruth Ann
director · ~71y · appointed 2013-06-01
View their other companies + combined net worth →
Active
HAGEL, Shawn Rene
director · ~61y · appointed 2004-03-01
View their other companies + combined net worth →
Active
POWER, Alan J
director · ~64y · appointed 2019-11-12
View their other companies + combined net worth →
Active
PUETZ, James Robert
director · ~64y · appointed 2021-07-01
View their other companies + combined net worth →
Active
BAILEY, Monika Anna
secretary · appointed 2010-02-05 · resigned 2018-12-21
Resigned
BIRD, Julian Patrick
secretary · appointed 1998-10-28 · resigned 2004-03-02
Resigned
MORRIS, Leonard
secretary · resigned 1997-07-01
Resigned
SKILLINGTON, Tony
secretary · appointed 1997-07-01 · resigned 1998-10-28
Resigned
WALLIS, Michael Raymond
secretary · appointed 2004-03-02 · resigned 2010-02-05
Resigned
ADAMS, Roger
director · ~81y · resigned 1997-09-17
Resigned
BAILEY, Monika Anna
director · ~48y · appointed 2015-05-11 · resigned 2018-12-21
Resigned
BARRETT, Sean Colin
director · ~66y · appointed 2002-05-08 · resigned 2012-08-29
Resigned
BECKER, Roger Paul
director · ~73y · appointed 2013-09-24 · resigned 2021-06-30
Resigned
BECKER, Roger Paul
director · ~73y · appointed 2013-06-01 · resigned 2014-11-10
Resigned
BECKER, Roger Paul
director · ~73y · appointed 2008-11-13 · resigned 2013-06-01
Resigned
BLACKMORE, Steven Craig
director · ~65y · appointed 2008-02-13 · resigned 2018-07-20
Resigned
COOKE, Roger Anthony
director · ~78y · appointed 2004-03-01 · resigned 2013-06-01
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property27/08/199816/04/2005
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property10/11/199516/04/2005
satisfied
Midland Bank
Midland Bank PLC
Charge2 properties18/10/199405/08/1996
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property04/10/198805/02/1996

Recent filings (206 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-10
accounts-with-accounts-type-full
accounts · AA
2025-07-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-full
accounts · AA
2024-07-31
appoint-person-secretary-company-with-name-date
officers · AP03
2024-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-full
accounts · AA
2023-11-23
termination-director-company-with-name-termination-date
officers · TM01
2023-08-16
accounts-with-accounts-type-full
accounts · AA
2023-08-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-full
accounts · AA
2022-05-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-12-16