A&A SPITTAL LIMITED
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (76/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £771.6k | £718.4k |
| Current assets | £750.3k | £735.5k |
| Cash | £295.8k | £369.8k |
| Debtors | £414.9k | £326.4k |
| Net assets | £716.0k | £653.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (19 events)Click to expand
- 2025-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-01➕SPITTAL, Barbara appointeddirector
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-11-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-08📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-01-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-07-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-05-26🏢Company incorporatedAs A&A SPITTAL LIMITED
- 2016-05-26➕SPITTAL, Barbara appointedsecretary
- 2016-05-26➕SPITTAL, Alistair Hugh appointeddirector
- 2016-05-26📄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.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "SPITTAL" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alistair Hugh Spittal Individual · British · DOB 05/1964 · age 62 | 75–100% | — | 75-100% shares | 26/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (3 active · 0 resigned)
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