BANGOR GARAGE (ABERYSTWYTH) LIMITED
🌳Matureactive
02442186 · ltd · incorporated 1989-11-10
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£603.0k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 87-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 87). 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
6 live charges · 3 lenders · oldest 34.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 34.7 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 (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £602,989
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
~ YoY
Net Worth
£603k
~ YoY
Current Assets
£603k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £603.0k | £603.0k |
| Current assets | £603.0k | £603.0k |
| Cash | £2.8k | £2.8k |
| Debtors | £600.2k | £600.2k |
| Net assets | £603.0k | £603.0k |
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
3
filings
- • 2 gazette
- • 1 accounts
Last 90 days
3
filings
- • 2 gazette
- • 1 accounts
Last 180 days
3
filings
- • 2 gazette
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-05-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-05-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2026-05-26📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-04-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2004-09-10🔒Charge registered #6Lender: Capital Bank PLC
- 2004-09-10🔒Charge registered #5Lender: Capital Bank PLC
- 2004-07-20➕DAVIES, David Samuel Derrick appointeddirector
- 2004-07-20➖FARN, Timothy Gerald resigneddirector
- 1999-04-02🔓Charge satisfied #2
- 1999-04-02🔓Charge satisfied #1
- 1999-03-08➖DAVIES, David Samuel Derrick resigneddirector
- 1999-03-08➖DAVIES, David Kevin Lewis resigneddirector
- 1999-02-01🔒Charge registered #4Lender: Barclays Bank PLC
- 1999-02-01🔒Charge registered #3Lender: Barclays Bank PLC
- 1998-01-21➕DAVIES, Caryl Jane Lewis appointedsecretary
- 1998-01-21➖DAVIES, David Kevin Lewis resignedsecretary
- 1995-07-17🔒Charge registered #2Lender: National Westminster Bank PLC
- 1991-09-26🔒Charge registered #1Lender: National Westminster Bank PLC
- 1989-11-10🏢Company incorporatedAs BANGOR GARAGE (ABERYSTWYTH) LIMITED
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
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 87 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Caryl Jane Lewis Davies Individual · British · DOB 11/1962 · age 64 | 75–100% | — | 75-100% shares | 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 · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4X4 FABRICATION LIMITED→ 11402984 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A AND D TYRES LTD.→ 07202077 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| A J MOTORS LLANSILIN LIMITED→ 13606468 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AB AUTOS LTD→ 16911132 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUTO CAR DETAILING LTD→ 14000636 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AUTOCRAFT ARC MANAGEMENT SERVICES LIMITED→ 07814460 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AUTOMOTIVE PROCUREMENT LTD→ 09921452 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AUTOTECH VEHICLE SERVICES SHREWSBURY LTD→ 17079616 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AUTOWORX LIMITED→ 04484977 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| B C CAR AND COMMERCIAL LTD→ 16298828 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| B8Y LIMITED→ 10224902 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BANWY LEISURE GROUP LTD→ 16006015 · 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
Incorporated1989-11-10
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
3 Maes Wyre
Llanrhystud
Dyfed
SY23 5AH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12
Officers (3 active · 4 resigned)
DAVIES, Caryl Jane Lewis→
Activesecretary · appointed 1998-01-21
View their other companies + combined net worth →
Active
DAVIES, David Samuel Derrick→
Activedirector · ~87y · appointed 2004-07-20
View their other companies + combined net worth →
DAVIES, David Kevin Lewis→
Resignedsecretary · resigned 1998-01-21
DAVIES, David Samuel Derrick→
Resigneddirector · ~87y · resigned 1999-03-08
DAVIES, David Kevin Lewis→
Resigneddirector · ~65y · resigned 1999-03-08
FARN, Timothy Gerald→
Resigneddirector · ~66y · resigned 2004-07-20
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Capital Bank Capital Bank PLC | Debenture | 1 property | 10/09/2004 | — | |
| outstanding | Capital Bank Capital Bank PLC | Legal charge | 1 property | 10/09/2004 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/02/1999 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/02/1999 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 17/07/1995 | 02/04/1999 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 26/09/1991 | 02/04/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (119 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-27
accounts-with-accounts-type-dormant
accounts · AA
2026-05-26
gazette-notice-compulsory
gazette · GAZ1
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-dormant
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-dormant
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-dormant
accounts · AA
2023-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-dormant
accounts · AA
2022-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-dormant
accounts · AA
2021-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-20
accounts-with-accounts-type-dormant
accounts · AA
2020-03-24