BOB FARNON (TYRES) LIMITED

🌳Matureactive
01075397 · ltd · incorporated 1972-10-06
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 Sept 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-09-302023-09-30
Average employees600600

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-02-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-07-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2016-06-25
    📄
    accounts-with-accounts-type-partial-exemption
    accounts · AA
  12. 2015-07-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-06-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-07-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-05-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-01-06
    ➖
    FARNON, Robert Leo resigned
    director
  17. 2007-08-01
    ➕
    FARNON, John appointed
    director
  18. 1993-08-12
    ➖
    FARNON, John resigned
    director
  19. 1972-10-06
    🏢
    Company incorporated
    As BOB FARNON (TYRES) LIMITED

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "FARNON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
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 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 54 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Beryl Ann Farnon
Individual · British · DOB 03/1942 · age 84
50–75%
—50-75% shares06/04/2016
Mr John Farnon
Individual · British · DOB 01/1966 · age 60
25–50%
—25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1972-10-06
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

Unit 4 Longridge Trading Estate
Knutsford
Cheshire
WA16 8PR
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (3 active · 2 resigned)

FARNON, Beryl Ann→
secretary
View their other companies + combined net worth →
Active
FARNON, Beryl Ann→
director · ~84y
View their other companies + combined net worth →
Active
FARNON, John→
director · ~60y · appointed 2007-08-01
View their other companies + combined net worth →
Active
FARNON, John→
director · ~60y · resigned 1993-08-12
Resigned
FARNON, Robert Leo→
director · ~103y · resigned 2012-01-06
Resigned

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

Recent filings (94 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-07-11