AUTO AIR GLOUCESTER LTD
Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).
Refinance opportunity
6 live charges · 5 lenders · oldest 23.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.8 years old — likely at or near maturity.
- · 5 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | £4.78M | £4.58M |
| Current assets | £4.86M | £3.82M |
| Cash | £1.42M | £1.02M |
| Debtors | £1.49M | £1.17M |
| Net assets | £4.59M | £3.90M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 mortgage
Corporate timeline (32 events)Click to expand
- 2026-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-06🔓Charge satisfied #5
- 2025-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-04-01➕HODDER, Clare appointeddirector
- 2025-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-30🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2023-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-15🔒Charge registered #4Lender: Hsbc Bank PLC
- 2016-05-31🔒Charge registered #5Lender: Hsbc Bank PLC
- 2014-02-27🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD
- 2004-06-16🔒Charge registered #2Lender: Royal Bank of Scotland Commercial Services Limited
- 2002-09-10🔒Charge registered #1Lender: The Royal Bank of Scotland Commercial Services Limited
- 2002-06-01➕MATHER, Guy Lloyd appointedsecretary
- 2002-06-01➕MATHER, Dale Patrick appointeddirector
- 2002-06-01➕MATHER, Guy Lloyd appointeddirector
- 2002-05-13➖BRIGHTON SECRETARY LIMITED resignedcorporate-nominee-secretary
- 2002-05-13➖BRIGHTON DIRECTOR LIMITED resignedcorporate-nominee-director
- 2002-05-03🏢Company incorporatedAs AUTO AIR GLOUCESTER LTD
- 2002-05-03➕BRIGHTON SECRETARY LIMITED appointedcorporate-nominee-secretary
- 2002-05-03➕BRIGHTON DIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 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 |
|---|---|---|---|---|
Mr Guy Lloyd Mather Individual · British · DOB 02/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Dale Patrick Mather Individual · British · DOB 05/1966 · age 60 | 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.
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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7 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 →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
Registered office
Filing status
Officers (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 30/01/2024 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 15/06/2016 | — | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 31/05/2016 | 06/02/2026 | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | 1 property | 27/02/2014 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland Commercial Services Limited | Fixed and floating charge | 1 property | 16/06/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Fixed and floating charge | 1 property | 10/09/2002 | — |