ALAN KERR LIMITED
📉Decliningactive
03380439 · ltd · incorporated 1997-06-03
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
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 87-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
14 live charges · 9 lenders · oldest 28.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 28.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — 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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 8 with DOB)
85
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
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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 102Profitable
Profit before tax £53,107
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Profit before tax | £53.1k | £776.4k |
| Average employees | 4700 | 5200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (63 events)Click to expand
- 2025-08-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-11🔓Charge satisfied #12
- 2025-08-11🔓Charge satisfied #9
- 2025-08-11🔓Charge satisfied #8
- 2025-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-07🔒Charge registered #14Lender: Praetura Asset Finance Limited
- 2025-02-21📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-11➖KERR, Janice resigneddirector
- 2024-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-05🔒Charge registered #13Lender: Df Capital Bank Limited
- 2023-12-08📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-30➖JONES, Simon Edward resigneddirector
- 2023-02-16📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-05📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-05📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-27📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-04-27📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-10📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-01➕JONES, Simon Edward appointeddirector
- 2019-11-01📄accounts-with-accounts-type-fullaccounts · AA
- 2016-04-27➕MAGNANI, Hilary appointedsecretary
- 2016-04-27➖KERR, Janice resignedsecretary
- 2015-11-25🔒Charge registered #12Lender: Lloyds Bank PLC
- 2015-10-08🔓Charge satisfied #11
- 2015-10-08🔓Charge satisfied #7
- 2010-11-25🔓Charge satisfied #10
- 2010-11-25🔓Charge satisfied #6
- 2009-09-22🔒Charge registered #11Lender: Black Horse Limited
- 2008-12-01🔒Charge registered #10Lender: Black Horse Limited
- 2007-09-21🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2007-06-30➖BENNETTS, David William resigneddirector
- 2006-08-11🔒Charge registered #8Lender: Lloyds Tsb Bank PLC
- 2006-05-15🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2006-03-01➕MAGNANI, Hilary appointeddirector
- 2005-11-30🔓Charge satisfied #5
- 2005-11-30🔓Charge satisfied #4
- 2005-11-11🔓Charge satisfied #3
- 2004-08-11🔒Charge registered #6Lender: Capital Bank PLC
- 2003-07-04🔓Charge satisfied #2
- 2003-07-04🔓Charge satisfied #1
- 2003-07-01🔒Charge registered #5Lender: Fce Bank PLC
- 2002-10-31🔒Charge registered #4Lender: Fce Bank PLC
- 2002-10-31🔒Charge registered #3Lender: Fce Bank PLC
Showing most recent 50 of 63 events
Owner dependency
88/100
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "KERR" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 29 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
90/100
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.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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 |
|---|---|---|---|---|
Mr Alan Kerr Individual · British · DOB 01/1939 · age 87 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 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
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|---|---|---|---|---|---|---|---|
| A S MOTORS (DEVON) LIMITED→ 08478605 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A.E.M CLASSIC MOTORCYCLES LTD→ 09513041 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AARDVARK PLANT AND COMMERCIAL LIMITED→ 12419816 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOT COMMERCIALS LIMITED→ 04121636 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACM GARAGE LTD→ 13081178 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAM MEDLICOTT CARS LIMITED→ 10333067 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AFFORDABLE CAR MECHANICS LIMITED→ 10075641 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AJTECH AUTOMOTIVE LTD.→ 10618278 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ALGYS AUTOS IMPORTS LTD→ 09190399 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALTERSTART UK LTD→ 11819963 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ANDY SHORE GARAGE LIMITED→ 06409459 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| APHERO CARBON LTD→ 16434360 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1997-06-03
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112
Registered office
Patrick House Blythe Way
Yalberton Industrial Estate
Paignton
Devon
TQ4 7QP
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01
Officers (5 active · 6 resigned)
Active
Active
KERR, Stewart→
Activedirector · ~62y · appointed 2002-09-02
View their other companies + combined net worth →
MAGNANI, Hilary→
Activedirector · ~67y · appointed 2006-03-01
View their other companies + combined net worth →
MAGNANI, Ian Patrick→
Activedirector · ~59y · appointed 2002-09-02
View their other companies + combined net worth →
BECKETT, Rachael Liza→
Resignedsecretary · appointed 1997-06-03 · resigned 1997-07-14
KERR, Janice→
Resignedsecretary · appointed 1997-07-14 · resigned 2016-04-27
BENNETTS, David William→
Resigneddirector · ~62y · appointed 2002-10-01 · resigned 2007-06-30
BRITTON-POWELL, Christopher Martin→
Resigneddirector · ~66y · appointed 1997-06-03 · resigned 1997-07-14
JONES, Simon Edward→
Resigneddirector · ~41y · appointed 2021-06-01 · resigned 2023-06-30
KERR, Janice→
Resigneddirector · ~85y · appointed 1997-07-25 · resigned 2024-12-11
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
2
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Praetura Asset Finance Praetura Asset Finance Limited | A registered charge | 1 property | 07/08/2025 | — | |
| outstanding | Df Capital Bank Df Capital Bank Limited | A registered charge | — | 05/09/2024 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 25/11/2015 | 11/08/2025 | |
| satisfied | Black Horse Black Horse Limited | Charge over cash deposit | 1 property | 22/09/2009 | 08/10/2015 | |
| satisfied | Black Horse Black Horse Limited | Charge over cash deposit | 1 property | 01/12/2008 | 25/11/2010 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 21/09/2007 | 11/08/2025 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 11/08/2006 | 11/08/2025 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deposit agreement to secure own liabilities | 1 property | 15/05/2006 | 08/10/2015 | |
| satisfied | Capital Bank Capital Bank PLC | Assignment and charge | 1 property | 11/08/2004 | 25/11/2010 | |
| satisfied | Fce Bank Fce Bank PLC | Legal charge over cash deposit | 1 property | 01/07/2003 | 30/11/2005 | |
| satisfied | Fce Bank Fce Bank PLC | Debenture | 1 property | 31/10/2002 | 30/11/2005 | |
| satisfied | Fce Bank Fce Bank PLC | Charge on vehicle stocks | 1 property | 31/10/2002 | 11/11/2005 | |
| satisfied | Lloyds Banking Group Lloyds Bowmaker Limited | Debenture | 1 property | 22/01/1998 | 04/07/2003 | |
| satisfied | Mcl Finance Mcl Finance Limited | Mortgage debenture creating a fixed and floating charge | 1 property | 27/10/1997 | 04/07/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-full
accounts · AA
2025-02-21
termination-director-company-with-name-termination-date
officers · TM01
2024-12-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-full
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
termination-director-company-with-name-termination-date
officers · TM01
2023-07-03
accounts-with-accounts-type-full
accounts · AA
2023-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
change-person-director-company-with-change-date
officers · CH01
2022-05-05