SBS INTL LTD

🌳Matureactive
SC268526 · ltd · incorporated 2004-05-28
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£1
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
69 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1
Very low cash
Cash position: £1
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1
~ YoY
Net Worth
£1
~ YoY
Current Assets
Current Liabilities
£0£0£0£1£1£1Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1£1
Cash£1£1
Net assets£1£1

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-02-08
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2023-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-03-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-03-23
    FILON, Richard appointed
    director
  11. 2022-02-22
    SPENCER, Liza Miranda resigned
    director
  12. 2021-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-05-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-05-21
    LEASK, Zoe Pearl resigned
    director
  15. 2020-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-06-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2018-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2011-11-01
    WILTSHIRE, David Alan resigned
    director
  20. 2011-04-25
    LEASK, Zoe Pearl appointed
    director
  21. 2009-07-15
    SPENCER, Liza Miranda appointed
    director
  22. 2009-05-14
    WILTSHIRE, David Alan appointed
    director
  23. 2006-03-10
    MILNE, Margaret Mary resigned
    director
  24. 2004-12-29
    SPENCER, Michael John appointed
    director
  25. 2004-07-12
    MILNE, Margaret Mary appointed
    director
  26. 2004-07-12
    SPENCER, Michael John resigned
    director
  27. 2004-06-01
    BRADFORD, Nicholas John appointed
    secretary
  28. 2004-06-01
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  29. 2004-06-01
    SPENCER, Michael John appointed
    director
  30. 2004-06-01
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  31. 2004-05-28
    🏢
    Company incorporated
    As SBS INTL LTD
  32. 2004-05-28
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  33. 2004-05-28
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

96/100
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 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael John Spencer
Individual · British · DOB 02/1949 · age 77
75100%
75-100% shares28/05/2017

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
Incorporated2004-05-28
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Account Tax Ltd
Traill Drive
Montrose
Angus
DD10 8SW

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-17
Last: 2026-05-03

Officers (3 active · 7 resigned)

BRADFORD, Nicholas John
secretary · appointed 2004-06-01
View their other companies + combined net worth →
Active
FILON, Richard
director · ~70y · appointed 2022-03-23
View their other companies + combined net worth →
Active
SPENCER, Michael John
director · ~77y · appointed 2004-12-29
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD
corporate-nominee-secretary · appointed 2004-05-28 · resigned 2004-06-01
Resigned
LEASK, Zoe Pearl
director · ~51y · appointed 2011-04-25 · resigned 2021-05-21
Resigned
MILNE, Margaret Mary
director · ~81y · appointed 2004-07-12 · resigned 2006-03-10
Resigned
SPENCER, Liza Miranda
director · ~59y · appointed 2009-07-15 · resigned 2022-02-22
Resigned
SPENCER, Michael John
director · ~77y · appointed 2004-06-01 · resigned 2004-07-12
Resigned
WILTSHIRE, David Alan
director · ~82y · appointed 2009-05-14 · resigned 2011-11-01
Resigned
FORM 10 DIRECTORS FD LTD
corporate-nominee-director · appointed 2004-05-28 · resigned 2004-06-01
Resigned

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

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
change-person-director-company-with-change-date
officers · CH01
2023-02-08
change-person-secretary-company-with-change-date
officers · CH03
2023-02-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
termination-director-company-with-name-termination-date
officers · TM01
2022-03-29
appoint-person-director-company-with-name-date
officers · AP01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-27