AFAN TYRE DISCOUNT CENTRE LIMITED
🌳Matureactive
01393204 · ltd · incorporated 1978-10-10
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 42.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 42.5y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 42.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-29 |
|---|---|
| Average employees | 800 |
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 (28 events)Click to expand
- 2025-10-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-10-08📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-02📄memorandum-articlesincorporation · MA
- 2025-05-02📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-05-02📄resolutionresolution · RESOLUTIONS
- 2024-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-28📄resolutionresolution · RESOLUTIONS
- 2022-07-28📄memorandum-articlesincorporation · MA
- 2022-07-28📄capital-name-of-class-of-sharescapital · SH08
- 2022-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-06➕LEWIS, Donna appointeddirector
- 2022-04-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-06-18🔓Charge satisfied #1
- 2021-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-06-02🔓Charge satisfied #2
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-03-16➕LEWIS, Martin Davies appointeddirector
- 1996-09-30➖THOMAS, Brian Iorwerth resigneddirector
- 1995-08-30🔒Charge registered #2Lender: Barclays Bank PLC
- 1991-07-19➕THOMAS, Brian Iorwerth appointeddirector
- 1983-11-25🔒Charge registered #1Lender: Barclays Bank PLC
- 1978-10-10🏢Company incorporatedAs AFAN TYRE DISCOUNT CENTRE LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 48 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
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 Martin Davies Lewis Individual · British · DOB 07/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/03/2022 |
1 historic (ceased) PSC
- Mr Malcolm Davies Lewisceased 17/03/2022· 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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|---|---|---|---|---|---|---|---|
| A & A AUTO ELECTRICAL LTD→ 14346890 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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| ADAMS REPAIR LTD→ 16104752 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENTURE TRANSPORT SOLUTIONS LTD→ 16817189 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVIN HAND CAR WASH LTD→ 16625646 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFFORDABLE TYRES SWANSEA LTD→ 16427488 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGMPOWER LTD→ 16209612 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AH MOTOR SALES LTD→ 16435603 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1978-10-10
Jurisdictionengland-wales
Primary SIC45310 — SIC 45310
Registered office
Unit 2 Gas Works Estate
Victoria Road
Port Talbot
SA12 6DB
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-29
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18
Officers (4 active · 1 resigned)
Active
LEWIS, Donna→
Activedirector · ~60y · appointed 2022-04-06
View their other companies + combined net worth →
Active
LEWIS, Martin Davies→
Activedirector · ~55y · appointed 2010-03-16
View their other companies + combined net worth →
THOMAS, Brian Iorwerth→
Resigneddirector · ~76y · appointed 1991-07-19 · resigned 1996-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 30/08/1995 | 02/06/2021 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 25/11/1983 | 18/06/2021 |
Recent filings (112 total)
change-account-reference-date-company-current-extended
accounts · AA01
2025-10-28
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2025-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
memorandum-articles
incorporation · MA
2025-05-02
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-05-02
resolution
resolution · RESOLUTIONS
2025-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-16
resolution
resolution · RESOLUTIONS
2022-07-28