I think you will find that 25mm is the maximum spacer thickness defined across the board of all tow bars designed for bolt on tow balls. This is because the securing bolts come under more torsional strain from the extended distance from the tow ball to the tow ball mounting plate on the tow bar.
You could gain a bit more length (20mm) by using a 3500Kg rated ball and drop pin tow hitch. These are available form towsure. They are commonly used in the agricultural and construction industries and don't look out of place on a 4x4.
If you are going to use these parts, I would also go to your local engineer's merchants and buy two M20 x 120mm hex zinc plated bolts grade 12.9 which is commonly called super high tesile, and four nuts and four washers to suit. By doubling up on the nuts you will have increased the resistance to stripping the threads and the super high tensile bolts exceed the strength spec required.
Just one minor technicallity to bear in mind though is, to ensure that your insurance company approves the tow bar set up. Get this in writing as well as this avoids contraversy should you be involved in an accident. The spec of the above fittings do exceed the standard spec by a long way and is undoubtedly safer, but some eagle eyed insurance assessor might try to guide the insurance company down the get out of jail card route.
It's the same old story, if it aint on paper it aint been said!!
Steve L.