COMPASS TRACTORS LIMITED
🌳Matureactive
04991388 · ltd · incorporated 2003-12-10
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 22.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£23.16M
year to Dec 2023
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 46610
Sector: Wholesale & retail
Investor take
PursueLeverage-led grower with a 61-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 65/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (85/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 22.4y
80/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
74 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
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 102Profitable
Profit before tax £412,166
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Turnover | £23.16M |
| Gross profit | £1.58M |
| Profit before tax | £412.2k |
| Average employees | 2700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-18📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-24🔒Charge registered #5Lender: Barclays Bank PLC
- 2022-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-19🔒Charge registered #4Lender: Barclays Bank PLC
- 2021-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2018-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2018-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-03-26🔒Charge registered #3Lender: Barclays Bank PLC
- 2018-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-01-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2014-01-27🔓Charge satisfied #1
- 2012-09-10➖NICHOLS, Alena Victoria resignedsecretary
- 2012-04-11🔒Charge registered #2Lender: Barclays Bank PLC
- 2010-11-01➕PARRIS, Richard Alan John appointeddirector
- 2007-06-11➖PARRIS, Richard Alan John resigneddirector
- 2004-02-24🔒Charge registered #1Lender: Hsbc Bank PLC
- 2003-12-10🏢Company incorporatedAs COMPASS TRACTORS LIMITED
- 2003-12-10➕NICHOLS, Justin Percy William appointeddirector
- 2003-12-10➕NICHOLS, Alena Victoria appointedsecretary
- 2003-12-10➕PARRIS, Richard Alan John appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
76/100
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 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 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.
- 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.)
Group structure
Compass Agri (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Compass Agri (Holdings) Limited
Corporate parent · holds 75-100% shares
⬇
COMPASS TRACTORS LIMITED
This company · 04991388
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Compass Agri (Holdings) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 23/11/2017 |
2 historic (ceased) PSCs
- Mr Justin Percy William Nicholsceased 23/11/2017· 25-50% shares · 25-50% voting
- Mr Richard Alan John Parrisceased 23/11/2017· 25-50% shares · 25-50% voting
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
Active · Wholesale & distribution · TA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BONING TRADE LTD→ 15209502 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BRITBUYZ LTD→ 16674720 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUILDING VISION ALGERIA LIMITED→ 12710393 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| C.E.MCKAY LTD→ 06658370 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CARD LINE (WEST COUNTRY) LIMITED→ 05036687 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| CLEANING SOLUTIONS UK LTD→ 08333360 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CONTROL METRIX LTD→ 15910023 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COOL STOP AIR CONDITIONING LIMITED→ 02789189 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| COOL STOP ONLINE LIMITED→ 13243429 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| COWLING AGRICULTURE LIMITED→ 17121578 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CREATE CATERING EQUIPMENT LIMITED→ 11433772 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CRESCENTSWEETS CAKES & PASTRIES LTD→ 16592250 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2003-12-10
Jurisdictionengland-wales
Primary SIC46610 — SIC 46610
Registered office
Market Way
North Petherton
Bridgwater
Somerset
TA6 6DF
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-24
Last: 2025-12-10
Officers (2 active · 2 resigned)
NICHOLS, Justin Percy William→
Activedirector · ~57y · appointed 2003-12-10
View their other companies + combined net worth →
PARRIS, Richard Alan John→
Activedirector · ~61y · appointed 2010-11-01
View their other companies + combined net worth →
NICHOLS, Alena Victoria→
Resignedsecretary · appointed 2003-12-10 · resigned 2012-09-10
PARRIS, Richard Alan John→
Resigneddirector · ~61y · appointed 2003-12-10 · resigned 2007-06-11
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 24/08/2022 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 19/08/2022 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 26/03/2018 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 11/04/2012 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 24/02/2004 | 27/01/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-full
accounts · AA
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-full
accounts · AA
2024-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-full
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-full
accounts · AA
2022-09-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-full
accounts · AA
2021-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-01-20
accounts-with-accounts-type-full
accounts · AA
2020-12-23