ABBEYGATE GARAGES LIMITED
🌳Matureactive
01281314 · ltd · incorporated 1976-10-12
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
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45112SIC 45112
- 45200SIC 45200
- 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating
Investor take
PursueActive trading company with a 78-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 78). 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 (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 36.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 36.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
104 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-09-19📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-10-03📄accounts-with-accounts-type-mediumaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-03➕WRIGHT, Alison Jane appointeddirector
- 2023-01-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-07➕BAILEY, Gareth Martyn appointeddirector
- 2022-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-09-14📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-23📄accounts-with-accounts-type-smallaccounts · AA
- 2019-09-10📄accounts-with-accounts-type-smallaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-smallaccounts · AA
- 2018-07-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-09-13📄accounts-with-accounts-type-smallaccounts · AA
- 2016-11-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-11-07➖SKITMORE, Christine Rose resignedsecretary
- 2004-10-27🔓Charge satisfied #3
- 2004-10-27🔓Charge satisfied #1
- 1991-10-03🔒Charge registered #3Lender: Esso Petroleum Company Limited
- 1989-07-07🔒Charge registered #2Lender: Barclays Bank PLC
- 1989-06-23🔒Charge registered #1Lender: Esso Petroleum Company LTD
- 1976-10-12🏢Company incorporatedAs ABBEYGATE GARAGES LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 50 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Terence William Skitmore Individual · British · DOB 04/1948 · age 78 | 75–100% | — | 75-100% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 100-106 BER STREET NORWICH LIMITED→ 15841683 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST CLASS CARS LIMITED→ 11433533 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A D NICHOLSON LTD→ 16384272 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A-LIST FINISHING LTD→ 05839033 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A&A MINI SPECIALIST LTD→ 13315496 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AAA MOTOR SERVICES LIMITED→ 11151902 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AB MOBILE MECHANICS LTD→ 15296937 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABC GT CARWASH LTD→ 16240991 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABEL MOTORWORKS LTD→ 11156739 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AC TUNING NFK LTD→ 16977964 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACLE MOTOR COMPANY LTD→ 15944080 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AD POPE VEHICLE REPAIRS LTD→ 12382523 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1976-10-12
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
89-91 Norwich Road
Wymondham
Norfolk
NR18 0SH
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03
Officers (3 active · 1 resigned)
BAILEY, Gareth Martyn→
Activedirector · ~53y · appointed 2022-02-07
View their other companies + combined net worth →
Active
WRIGHT, Alison Jane→
Activedirector · ~54y · appointed 2023-01-03
View their other companies + combined net worth →
SKITMORE, Christine Rose→
Resignedsecretary · resigned 2016-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Esso Petroleum Company Esso Petroleum Company Limited | Legal charge | 1 property | 03/10/1991 | 27/10/2004 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/07/1989 | — | |
| satisfied | Esso Petroleum Company Esso Petroleum Company LTD | Legal charge | 1 property | 23/06/1989 | 27/10/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-medium
accounts · AA
2025-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-medium
accounts · AA
2024-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-small
accounts · AA
2023-09-29
change-person-director-company-with-change-date
officers · CH01
2023-07-27
change-person-director-company-with-change-date
officers · CH01
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
appoint-person-director-company-with-name-date
officers · AP01
2023-01-03
accounts-with-accounts-type-small
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
appoint-person-director-company-with-name-date
officers · AP01
2022-02-07
accounts-with-accounts-type-small
accounts · AA
2021-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-26