A.E.G. GARAGES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 52.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 52.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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 · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.45M | £1.36M |
| Current assets | £1.03M | £895.5k |
| Cash | £982.1k | £845.3k |
| Debtors | £5.8k | £11.1k |
| Net assets | £1.45M | £1.36M |
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 (30 events)Click to expand
- 2025-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-25📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-07-25📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-07-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-06-29➖GALE, Doreen Bilton resignedsecretary
- 2022-06-29➖GALE, Doreen Bilton resigneddirector
- 2021-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-04-09🔓Charge satisfied #3
- 2016-04-09🔓Charge satisfied #2
- 2016-04-09🔓Charge satisfied #1
- 2004-01-21➖GALE, Bryan Hesketh resigneddirector
- 1996-10-18➕GALE, Ann Louise appointeddirector
- 1996-10-18➕GALE, Timothy Nigel appointeddirector
- 1990-03-22🔒Charge registered #3Lender: Texaco Limited
- 1990-03-22🔒Charge registered #2Lender: Texaco Limited.
- 1974-01-23🔒Charge registered #1Lender: Lloyds Bank PLC
- 1960-03-04🏢Company incorporatedAs A.E.G. GARAGES LIMITED
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.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 66 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Ann Louise Gale Individual · British · DOB 04/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/06/2023 |
1 historic (ceased) PSC
- Mrs Doreen Bilton Galeceased 29/06/2022· 75-100% shares · 75-100% voting · board control
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 (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Texaco Texaco Limited | Mortgage and general charge | 1 property | 22/03/1990 | 09/04/2016 | |
| satisfied | Texaco . Texaco Limited. | Legal charge | 1 property | 22/03/1990 | 09/04/2016 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 23/01/1974 | 09/04/2016 |