1ST K & T TYRES LTD
💤Zombieactive
04702044 · ltd · incorporated 2003-03-19
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 50/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 16.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (36 events)Click to expand
- 2018-04-05📄restoration-order-of-courtrestoration · AC92
- 2013-11-12📄gazette-dissolved-compulsarygazette · GAZ2
- 2013-11-12🏁Company dissolved
- 2013-07-30📄gazette-notice-compulsarygazette · GAZ1
- 2011-05-26📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2011-04-12📄gazette-notice-compulsarygazette · GAZ1
- 2010-05-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-05-28📄change-person-director-company-with-change-dateofficers · CH01
- 2010-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-17📄legacymortgage · 395
- 2009-07-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2009-07-14📄gazette-notice-compulsarygazette · GAZ1
- 2009-07-13📄legacyannual-return · 363a
- 2009-07-13🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2009-02-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-08-11📄legacyannual-return · 363a
- 2008-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-07-09📄legacyannual-return · 363a
- 2007-07-09📍legacyaddress · 287
- 2007-07-04📄legacyannual-return · 363a
- 2007-04-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2007-01-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-05-23📄legacyofficers · 288a
- 2006-05-23📄legacyofficers · 288b
- 2006-05-01➕GOLDS, Paul Simon appointeddirector
- 2006-05-01➖GOLDS, James Gordon resigneddirector
- 2006-02-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-09-30📄legacyannual-return · 363s
- 2005-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2003-04-10➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2003-04-10➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2003-04-01➕GOLDS, Jean appointedsecretary
- 2003-04-01➕GOLDS, James Gordon appointeddirector
- 2003-03-19🏢Company incorporatedAs 1ST K & T TYRES LTD
- 2003-03-19➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2003-03-19➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2010-12-31
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-04-02
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|---|---|---|---|---|---|---|---|
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| ACTIVE PLUS ACCOUNTING LIMITED→ 16801056 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| AD MOODY LIMITED→ 16255468 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AD RAIL SOLUTIONS LTD→ 16703574 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| ADAR GROUP LIMITED→ 15546882 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| ADDISON LEWIS LTD→ 13789597 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2003-03-19
Jurisdictionengland-wales
Primary SIC7487 — SIC 7487
Registered office
36 Bleak Hey Road
Wythenshawe
Manchester
M22 5ES
Filing status
Accounts
Next due: 2010-12-31OVERDUE
Last made up to: 2009-03-31
Confirmation statement
Next due: 2017-04-02OVERDUE
Last: —
Officers (2 active · 3 resigned)
Active
GOLDS, Paul Simon→
Activedirector · ~58y · appointed 2006-05-01
View their other companies + combined net worth →
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2003-03-19 · resigned 2003-04-10
GOLDS, James Gordon→
Resigneddirector · ~59y · appointed 2003-04-01 · resigned 2006-05-01
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2003-03-19 · resigned 2003-04-10
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 13/07/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
restoration-order-of-court
restoration · AC92
2018-04-05
gazette-dissolved-compulsary
gazette · GAZ2
2013-11-12
gazette-notice-compulsary
gazette · GAZ1
2013-07-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-05-26
gazette-notice-compulsary
gazette · GAZ1
2011-04-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-05-28
change-person-director-company-with-change-date
officers · CH01
2010-05-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-01-31
legacy
mortgage · 395
2009-07-17
gazette-filings-brought-up-to-date
gazette · DISS40
2009-07-14
gazette-notice-compulsary
gazette · GAZ1
2009-07-14
legacy
annual-return · 363a
2009-07-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-02-06
legacy
annual-return · 363a
2008-08-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-01-31