A G RACING LIMITED
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 0.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.6 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £220.7k | £163.7k |
| Current assets | £662.1k | £758.4k |
| Net assets | £75.3k | £51.2k |
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 mortgage
- • 2 mortgage
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2026-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-05🔒Charge registered #3Lender: Seneca Trade Finance LTD
- 2026-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-20🔒Charge registered #2Lender: Nucleus Cash Flow FINANCE6 Limited
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-05🔒Charge registered #1Lender: Bizcap Limited
- 2024-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-02-15➖ATWAL, Kulwant resignedsecretary
- 2021-02-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-07-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2006-11-18➖O'CALLAGHAN, Gregory resigneddirector
- 2005-04-20🏢Company incorporatedAs A G RACING LIMITED
- 2005-04-20➕ATWAL, Omraj appointeddirector
- 2005-04-20➕ATWAL, Kulwant appointedsecretary
- 2005-04-20➕O'CALLAGHAN, Gregory appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 ·Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-05: A registered charge; 2026-02-20: A registered charge; 2025-11-05: A registered charge
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Omraj Atwal Individual · British · DOB 07/1976 · age 50 | 75–100% | — | 75-100% shares | 06/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · CV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24/7 AA RECOVERY LTD→ 12694228 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 247 TYRE CARE LTD→ 16177411 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3J DRIVELINE LIMITED→ 08054056 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 4C AUTOS LTD→ 15561559 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 4X4GEMS LTD→ 15707575 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 SPURS LTD→ 11165690 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A & A MOTOR TRADER LTD→ 15897028 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.H. SPARES LIMITED→ 01549773 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| A&ADAMS LTD→ 14674658 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A2Z CARS MIDLANDS LTD→ 16589353 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A2Z SERVICES LIMITED→ 04636841 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A7 COMPONENTS LIMITED→ 04895500 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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 →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 (1 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Seneca Trade Finance Seneca Trade Finance LTD | A registered charge | 9 properties | 05/03/2026 | — | |
| outstanding | Nucleus Cash Flow FINANCE6 Nucleus Cash Flow FINANCE6 Limited | A registered charge | — | 20/02/2026 | — | |
| outstanding | Bizcap Bizcap Limited | A registered charge | 1 property | 05/11/2025 | — |