BIKE TYRE SERVICES LIMITED

💤Zombieactive
06688807 · ltd · incorporated 2008-09-04
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
year to Sept 2025
Net worth
£35.9k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 11.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £35,908
Cash YoY
+484%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↑ 484% YoY
Net Worth
£36k
↑ 35% YoY
Current Assets
£9k
↑ 82% YoY
Current Liabilities
£0£7k£14k£22k£29k£36kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£44.7k£43.1k
Current assets£8.8k£4.8k
Cash£6.8k£1.2k
Debtors£1.7k
Net assets£35.9k£26.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-10-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-11-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2014-11-24
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  17. 2014-08-11
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  18. 2008-12-18
    TEMPLE SECRETARIES LIMITED resigned
    corporate-secretary
  19. 2008-12-18
    COMPANY DIRECTORS LIMITED resigned
    corporate-director
  20. 2008-09-04
    🏢
    Company incorporated
    As BIKE TYRE SERVICES LIMITED
  21. 2008-09-04
    PARSONS, Deborah appointed
    secretary
  22. 2008-09-04
    THOMAS, Matthew appointed
    director
  23. 2008-09-04
    TEMPLE SECRETARIES LIMITED appointed
    corporate-secretary
  24. 2008-09-04
    COMPANY DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

85/100
Critical — business is the founder

The 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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Matt Thomas
Individual · British · DOB 12/1971 · age 55
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence01/09/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2008-09-04
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170

Registered office

Unit 5 Booth Road
Sale
M33 7JS
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 2 resigned)

PARSONS, Deborah
secretary · appointed 2008-09-04
View their other companies + combined net worth →
Active
THOMAS, Matthew
director · ~55y · appointed 2008-09-04
View their other companies + combined net worth →
Active
TEMPLE SECRETARIES LIMITED
corporate-secretary · appointed 2008-09-04 · resigned 2008-12-18
Resigned
COMPANY DIRECTORS LIMITED
corporate-director · appointed 2008-09-04 · resigned 2008-12-18
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property24/11/2014
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property11/08/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (48 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-24