ASHTON TYRE AND EXHAUST LIMITED

🌳Matureactive
04621644 · ltd · incorporated 2002-12-19
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£36.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 85-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

3 live charges · 2 lenders · oldest 23.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.2 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 (69/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (6 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 102
Positive net assets
Net assets £36,612
Net assets shrinking
Down £35,201 YoY
Cash YoY
+21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£72k
↑ 21% YoY
Net Worth
£37k
↓ 49% YoY
Current Assets
£417k
↓ 20% YoY
Current Liabilities
£0£104k£209k£313k£418k£522kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£44.7k£82.6k
Current assets£416.6k£522.3k
Cash£71.9k£59.2k
Debtors£286.1k£383.1k
Net assets£36.6k£71.8k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2025-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-10-30
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2025-10-01
    HART, Debbie Ann appointed
    secretary
  9. 2025-10-01
    HART, Debbie Ann appointed
    director
  10. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2006-01-27
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  20. 2003-04-10
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2003-03-24
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  22. 2003-01-09
    WILLIAMS, Ralph appointed
    secretary
  23. 2003-01-09
    HART, Garry Lawrence appointed
    director
  24. 2003-01-09
    PHILBIN, John appointed
    director
  25. 2003-01-09
    WILLIAMS, Ralph appointed
    director
  26. 2002-12-19
    🏢
    Company incorporated
    As ASHTON TYRE AND EXHAUST LIMITED
  27. 2002-12-19
    JPCORS LIMITED appointed
    corporate-nominee-secretary
  28. 2002-12-19
    JPCORS LIMITED resigned
    corporate-nominee-secretary
  29. 2002-12-19
    JPCORD LIMITED appointed
    corporate-nominee-director
  30. 2002-12-19
    JPCORD LIMITED resigned
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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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
Incorporated2002-12-19
Jurisdictionengland-wales
Primary SIC45320 — Retail trade of motor vehicle parts and accessories

Registered office

363-371 Wigan Road Ashton In Makerfield
Wigan
Lancashire
WN4 0AR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (6 active · 2 resigned)

HART, Debbie Ann
secretary · appointed 2025-10-01
View their other companies + combined net worth →
Active
WILLIAMS, Ralph
secretary · appointed 2003-01-09
View their other companies + combined net worth →
Active
HART, Debbie Ann
director · ~60y · appointed 2025-10-01
View their other companies + combined net worth →
Active
HART, Garry Lawrence
director · ~65y · appointed 2003-01-09
View their other companies + combined net worth →
Active
PHILBIN, John
director · ~63y · appointed 2003-01-09
View their other companies + combined net worth →
Active
WILLIAMS, Ralph
director · ~85y · appointed 2003-01-09
View their other companies + combined net worth →
Active
JPCORS LIMITED
corporate-nominee-secretary · appointed 2002-12-19 · resigned 2002-12-19
Resigned
JPCORD LIMITED
corporate-nominee-director · appointed 2002-12-19 · resigned 2002-12-19
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property27/01/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property10/04/2003
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property24/03/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-14
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
change-person-director-company-with-change-date
officers · CH01
2025-10-30
change-person-director-company-with-change-date
officers · CH01
2025-10-30
change-person-director-company-with-change-date
officers · CH01
2025-10-30
change-person-secretary-company-with-change-date
officers · CH03
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03