BALGORES MOTORS (1982) LIMITED
🌳Matureactive
01651079 · ltd · incorporated 1982-07-14
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
77/100
Strong
What this business does
Primary activity: SIC 52219
Sector: Transportation & storage
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
11 live charges · 6 lenders · oldest 40.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 40.3 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
146 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
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
5
filings
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
- 2026-01-07📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-07📄legacyaccounts · PARENT_ACC
- 2026-01-07📄legacyother · GUARANTEE2
- 2026-01-07📄legacyother · AGREEMENT2
- 2025-11-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-11-14📄legacyaccounts · PARENT_ACC
- 2025-11-07📄legacyother · GUARANTEE2
- 2025-11-07📄legacyother · AGREEMENT2
- 2025-10-15📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-10-03📄accounts-with-accounts-type-groupaccounts · AA
- 2025-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-10➖HIRE, Jon resigneddirector
- 2025-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24🔒Charge registered #11Lender: Ares Management Limited (The “Security Agent”) and Its Successors in Title and Permitted Transferees
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-22🔓Charge satisfied #10
- 2024-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-24🔒Charge registered #10Lender: Ares Management Limited as Security Agent for the Beneficiaries
- 2023-06-30➕HAWKES, Paul Christopher appointeddirector
- 2023-06-30➕STEER, Richard Kenneth appointeddirector
- 2023-06-30➖AUSTIN, Paul Alfred resignedsecretary
- 2023-06-30➖AUSTIN, Paul Alfred resigneddirector
- 2023-06-30➖AUSTIN, Steven Arthur resigneddirector
- 2023-06-30➖FLETCHER, Mark Christopher resigneddirector
- 2023-06-30➕HIRE, Jon appointeddirector
- 2023-05-30🔓Charge satisfied #7
- 2022-08-15➕FLETCHER, Mark Christopher appointeddirector
- 2022-01-16🔓Charge satisfied #9
- 2020-08-12🔓Charge satisfied #6
- 2020-08-12🔓Charge satisfied #5
- 2020-08-12🔓Charge satisfied #3
- 2020-08-12🔓Charge satisfied #2
- 2020-08-12🔓Charge satisfied #1
- 2012-01-06🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2007-03-09🔓Charge satisfied #8
- 2005-11-25🔒Charge registered #8Lender: Lloyds Tsb Bank PLC
- 2000-06-30➕AUSTIN, Steven Arthur appointeddirector
- 2000-06-30➖WATSON, Maureen Anne resigneddirector
- 2000-06-01🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 1996-07-02🔓Charge satisfied #4
- 1995-04-21🔒Charge registered #6Lender: Repsol Petroleum Limited
- 1994-04-07🔒Charge registered #5Lender: Lloyds Bank PLC
Showing most recent 50 of 55 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Steer Automotive Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Steer Automotive Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
BALGORES MOTORS (1982) LIMITED
This company · 01651079
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Steer Automotive Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2023 |
1 historic (ceased) PSC
- Mr Paul Alfred Austinceased 30/06/2023· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Transport & logistics · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANDY 2021 LTD→ 14336497 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANYWHERE LOGISTICS LIMITED→ 09244062 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AR&EM LTD→ 12855727 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASH MASON DRIVER HIRE LIMITED→ 10918500 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASK 4 TRANSPORT (EVESHAM) LTD→ 16353412 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AUREL & MARGA LTD→ 13983063 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AVON NAVIGATION TRUST→ 00857695 · est 1965 · no financials extracted | — | — | — | — | 60y | — | — |
| AVON VIEW MARINA LIMITED→ 11158551 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| B K REMOVALS AND STORAGE LTD→ 11141594 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| B&H CARS (WORCESTER) LTD→ 10814449 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BAL.LV LTD→ 13509822 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BAZY TRANSPORT LTD→ 16088841 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1982-07-14
Jurisdictionengland-wales
Primary SIC52219 — SIC 52219
Registered office
105 High Street
Worcester
Worcestershire
WR1 2HW
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-11
Last: 2025-12-28
Officers (2 active · 6 resigned)
HAWKES, Paul Christopher→
Activedirector · ~51y · appointed 2023-06-30
View their other companies + combined net worth →
STEER, Richard Kenneth→
Activedirector · ~62y · appointed 2023-06-30
View their other companies + combined net worth →
AUSTIN, Paul Alfred→
Resignedsecretary · resigned 2023-06-30
AUSTIN, Paul Alfred→
Resigneddirector · ~74y · resigned 2023-06-30
AUSTIN, Steven Arthur→
Resigneddirector · ~69y · appointed 2000-06-30 · resigned 2023-06-30
FLETCHER, Mark Christopher→
Resigneddirector · ~50y · appointed 2022-08-15 · resigned 2023-06-30
HIRE, Jon→
Resigneddirector · ~56y · appointed 2023-06-30 · resigned 2025-03-10
WATSON, Maureen Anne→
Resigneddirector · ~76y · resigned 2000-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
1
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ares Management (The “Security Agent”) and Its Successors in Title and Permitted Transferees Ares Management Limited (The “Security Agent”) and Its Successors in Title and Permitted Transferees | A registered charge | 1 property | 24/07/2024 | — | |
| satisfied | Ares Management as Security Agent for the Beneficiaries Ares Management Limited as Security Agent for the Beneficiaries | A registered charge | 1 property | 24/08/2023 | 22/04/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 06/01/2012 | 16/01/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 25/11/2005 | 09/03/2007 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 2 properties | 01/06/2000 | 30/05/2023 | |
| satisfied | Repsol Petroleum Repsol Petroleum Limited | Lease | 1 property | 21/04/1995 | 12/08/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 07/04/1994 | 12/08/2020 | |
| satisfied | Lombard North Central Lombard North Central PLC | Legal charge | 1 property | 06/07/1993 | 02/07/1996 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 20/12/1989 | 12/08/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 01/03/1988 | 12/08/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 20/02/1986 | 12/08/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (146 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-07
legacy
accounts · PARENT_ACC
2026-01-07
legacy
other · GUARANTEE2
2026-01-07
legacy
other · AGREEMENT2
2026-01-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-11-14
legacy
accounts · PARENT_ACC
2025-11-14
legacy
other · GUARANTEE2
2025-11-07
legacy
other · AGREEMENT2
2025-11-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-10-15
accounts-with-accounts-type-group
accounts · AA
2025-10-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-07
change-person-director-company-with-change-date
officers · CH01
2025-04-07
change-person-director-company-with-change-date
officers · CH01
2025-04-04