ABBEY PARK MOTOR SPARES LIMITED
Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. 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 (58/100).
Refinance opportunity
6 live charges · 3 lenders · oldest 46.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 46.1 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: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £691.8k | £693.9k |
| Current assets | £170.4k | £168.6k |
| Cash | £5.9k | £3.4k |
| Debtors | £164.5k | £165.2k |
| Net assets | £408.2k | £410.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
- • 1 accounts
- • 1 address
- • 1 accounts
- • 1 address
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2026-05-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-05➕PATEL, Rina Lakhani appointeddirector
- 2023-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-06-21🔒Charge registered #6Lender: Santander UK PLC
- 2013-03-19➖PATEL, Monica Harish resignedsecretary
- 2013-03-19➖PATEL, Monica Harish resigneddirector
- 2012-03-19➖PATEL, Sumati Harishkumar resigneddirector
- 2008-01-14➖PATEL, Harishkumar Maneklal resigneddirector
- 2001-07-26➕PATEL, Sundeep Harish appointeddirector
- 2001-07-26➕PATEL, Monica Harish appointeddirector
- 1982-06-23🔒Charge registered #5Lender: National Westminster Bank PLC
- 1981-08-27🔒Charge registered #4Lender: Barclays Bank LTD
- 1981-01-15🔒Charge registered #3Lender: Barclays Bank LTD
- 1981-01-15🔒Charge registered #2Lender: Barclays Bank LTD
- 1980-04-28🔒Charge registered #1Lender: Barclays Bank LTD
- 1978-07-20🏢Company incorporatedAs ABBEY PARK MOTOR SPARES LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
No meaningful acquirability indicators from public data.
- primaryFamily succession underway: Not a takeover target — PATEL, Rina Lakhani (same surname) appointed 2023-10-05. Pattern consistent with intra-family handover.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sundeep Harish Patel Individual · British · DOB 10/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 10TEN AUTO REPAIRS LTD→ 16863746 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 13 CARS LTD→ 16442312 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4X4HQ LTD→ 12162254 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A.C.E AUTO REPAIRS LTD→ 15543310 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 JAPANEEDS AUTO LTD→ 05741972 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| A1 POWDER COAT LTD→ 13375975 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A7 CARS LTD→ 15286353 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABABBEEL CARS LTD→ 10587288 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBASI AUTOMOBILE AND RECOVERY LTD→ 16763629 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY MOTORCYCLES LIMITED→ 04714142 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ABL CARS LTD→ 05823247 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ABR VEHICLE SOLUTIONS LTD→ 14938868 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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 · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 4 properties | 21/06/2013 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 2 properties | 23/06/1982 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 27/08/1981 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 15/01/1981 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 15/01/1981 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 28/04/1980 | — |