ACE MOTORS (SOUTH ELMSALL) LIMITED
🌳Matureactive
02887491 · ltd · incorporated 1994-01-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-54.4k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 65/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 23.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
91 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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £54,420
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£54k
↓ 14% YoY
Current Assets
£8k
↓ 67% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-47.2k | £-34.0k |
| Current assets | £7.7k | £23.6k |
| Net assets | £-54.4k | £-47.6k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-01-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-03📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-26➕SWALES, Daniel Laurence appointeddirector
- 2020-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-02➖WILKINSON, Stanley resigneddirector
- 2019-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2012-03-03➖WILKINSON, Brenda resigneddirector
- 2009-07-01🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2009-07-01🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2008-05-06🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2003-05-16🔒Charge registered #1Lender: Yorkshire Bank PLC
- 1994-01-13🏢Company incorporatedAs ACE MOTORS (SOUTH ELMSALL) LIMITED
- 1994-01-13➕WILKINSON, Alan appointedsecretary
- 1994-01-13➕WILKINSON, Alan appointeddirector
- 1994-01-13➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1994-01-13➖YORK PLACE COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1994-01-13➕WILKINSON, Brenda appointeddirector
- 1994-01-13➕WILKINSON, Stanley appointeddirector
- 1994-01-13➕YORK PLACE COMPANY NOMINEES LIMITED appointedcorporate-nominee-director
- 1994-01-13➖YORK PLACE COMPANY NOMINEES LIMITED resignedcorporate-nominee-director
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Wilkinson Individual · British · DOB 01/1959 · age 67 | 50–75% | — | 50-75% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 2WN LIMITED→ 15076171 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| A J COMMERCIALS LTD→ 10190592 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACCESS FOBS LIMITED→ 13528265 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACE STAR PARTS LTD→ 14999507 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE TYRES WAKEFIELD LTD→ 13995414 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACECARE LIMITED→ 01505791 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| ADAMSONS VAN PARTS LTD→ 14560848 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADOO LTD→ 16593633 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADRIAN WEINER TRANSPORT LTD→ 09734022 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCE MOTOR PARTS LTD→ 16314101 · est 2025 · 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
Incorporated1994-01-13
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Camelot Way Off Doncaster Road
South Elmsall
Pontefract
West Yorkshire
WF9 2HX
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13
Officers (3 active · 4 resigned)
Active
SWALES, Daniel Laurence→
Activedirector · ~44y · appointed 2021-05-26
View their other companies + combined net worth →
WILKINSON, Alan→
Activedirector · ~67y · appointed 1994-01-13
View their other companies + combined net worth →
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-01-13 · resigned 1994-01-13
WILKINSON, Brenda→
Resigneddirector · ~90y · appointed 1994-01-13 · resigned 2012-03-03
WILKINSON, Stanley→
Resigneddirector · ~92y · appointed 1994-01-13 · resigned 2019-11-02
YORK PLACE COMPANY NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1994-01-13 · resigned 1994-01-13
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 01/07/2009 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 01/07/2009 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 06/05/2008 | — | |
| outstanding | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 16/05/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
change-person-director-company-with-change-date
officers · CH01
2024-02-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-06
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-07