ADVANCE TYRES HOLDINGS LIMITED
🌳Matureactive
01853463 · ltd · incorporated 1984-10-08
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£2.34M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 70100Activities of head offices
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
14 live charges · 5 lenders · oldest 39.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 39.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,343,993
Cash YoY
-33%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£20k
↓ 33% YoY
Net Worth
£2.3m
~ YoY
Current Assets
£21k
↓ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £3.15M | £3.17M |
| Current assets | £21.3k | £29.3k |
| Cash | £19.5k | £29.2k |
| Debtors | £1.8k | £100 |
| Net assets | £2.34M | £2.34M |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 confirmation-statement
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-22📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-11-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-20🔒Charge registered #14Lender: Barclays Security Trustee Limited
- 2025-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2021-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-06-21🔓Charge satisfied #9
- 2020-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-04🔒Charge registered #12Lender: Barclays Security Trustee Limited
- 2020-03-03🔒Charge registered #13Lender: Barclays Security Trustee Limited
- 2020-03-03🔒Charge registered #11Lender: Barclays Security Trustee Limited
- 2020-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-01-27🔒Charge registered #10Lender: Barclays Security Trustee Limited
- 2020-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-27➕BEVAN, Penelope Diane appointeddirector
- 2015-09-29🔓Charge satisfied #3
- 2015-09-26🔓Charge satisfied #7
- 2015-09-26🔓Charge satisfied #6
- 2015-09-26🔓Charge satisfied #5
- 2015-09-26🔓Charge satisfied #4
- 2008-06-18🔒Charge registered #9Lender: National Westminster Bank PLC
- 2008-05-02🔒Charge registered #8Lender: National Westminster Bank PLC
- 2005-08-17🔒Charge registered #7Lender: Hsbc Bank PLC
- 2005-05-25🔒Charge registered #6Lender: Hsbc Bank PLC
- 1999-11-08🔒Charge registered #5Lender: National Westminster Bank PLC
- 1994-02-02🔓Charge satisfied #1
- 1992-08-17🔓Charge satisfied #2
- 1992-07-08🔒Charge registered #4Lender: National Westminster Bank PLC
- 1991-12-02➕BEVAN, Penelope Diane appointedsecretary
- 1991-12-02➖ASPECT FINANCIAL SERVICES LIMITED resignedcorporate-secretary
- 1991-12-01➖BEVAN, Penelope resignedsecretary
- 1991-12-01➕ASPECT FINANCIAL SERVICES LIMITED appointedcorporate-secretary
- 1991-12-01➖BEVAN, Penelope resigneddirector
- 1991-02-19🔒Charge registered #3Lender: National Westminster Bank PLC
- 1986-10-09🔒Charge registered #2Lender: Allied Irish Banks PLC
- 1986-10-03🔒Charge registered #1Lender: Allied Irish Banks P.L.C.
- 1984-10-08🏢Company incorporatedAs ADVANCE TYRES HOLDINGS LIMITED
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
76/100
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 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Penelope Diane Bevan Individual · British · DOB 11/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr John James Mooney Individual · Irish · DOB 01/1953 · age 73 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 · Automotive · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 121 DETAILING LTD→ 14700649 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A TECHS SERVICES LTD→ 16978171 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 CAR AND COMMERCIALS LTD→ 10718122 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBEY SERVICE STATION LIMITED→ 00990816 · est 1970 · no financials extracted | — | — | — | — | 55y | — | — |
| ACE REPAIRS LONDON LTD→ 16055764 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AHMED MOTORS LIMITED→ 17113101 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AKAY MOTORS LIMITED→ 10532947 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALLNIGHT TYRES LTD→ 05718111 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| ALLWOOD AUTOMOBILE COMPANY LIMITED→ 07337521 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ALMA CRASH REPAIRS CENTER LTD→ 11294714 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALMA TAXI MOTOR LTD→ 11624522 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALPHAS AUTO LTD→ 16146617 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1984-10-08
Jurisdictionengland-wales
Primary SIC45310 — SIC 45310
Registered office
975 Mollison Avenue
Enfield
Middlesex
EN3 7NN
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (3 active · 3 resigned)
BEVAN, Penelope Diane→
Activesecretary · appointed 1991-12-02
View their other companies + combined net worth →
BEVAN, Penelope Diane→
Activedirector · ~70y · appointed 2018-09-27
View their other companies + combined net worth →
Active
BEVAN, Penelope→
Resignedsecretary · resigned 1991-12-01
ASPECT FINANCIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 1991-12-01 · resigned 1991-12-02
BEVAN, Penelope→
Resigneddirector · ~70y · resigned 1991-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
6
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 2 properties | 20/11/2025 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 04/03/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 2 properties | 03/03/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 03/03/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 27/01/2020 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 18/06/2008 | 21/06/2021 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 02/05/2008 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 17/08/2005 | 26/09/2015 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 25/05/2005 | 26/09/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 08/11/1999 | 26/09/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 08/07/1992 | 26/09/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/02/1991 | 29/09/2015 | |
| satisfied | Allied Irish Banks Allied Irish Banks PLC | Debenture | 1 property | 09/10/1986 | 17/08/1992 | |
| satisfied | Allied Irish Banks P.L.C. | Mortgage | 1 property | 03/10/1986 | 02/02/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2022-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-20