A690 SPECIALIST CARS LIMITED

🌳Matureactive
06770229 · ltd · incorporated 2008-12-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£405.6k
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.0y

45/100
under pressure

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

  • · Oldest live charge is 17.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
54 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 · accounting standard not declared
Positive net assets
Net assets £405,635
Net assets shrinking
Down £72,389 YoY
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£256k
↓ 50% YoY
Net Worth
£406k
↓ 15% YoY
Current Assets
£1.3m
↓ 14% YoY
Current Liabilities
—
£0£309k£618k£926k£1.2m£1.5mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£412.2k£486.2k
Current assets£1.33M£1.54M
Cash£256.0k£512.7k
Debtors£359.0k£322.1k
Net assets£405.6k£478.0k

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
1
filing
  • • 1 officers
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-31
    ➖
    TAYLOR, William resigned
    director
  2. 2026-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-07-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-07-28
    ➕
    TAYLOR, William appointed
    director
  6. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-10-13
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2021-10-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2021-10-11
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  12. 2021-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2017-11-30
    🔓
    Charge satisfied #1
  18. 2017-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-06-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2016-12-20
    ➕
    OLDROYD, Jamie appointed
    director
  21. 2012-04-01
    ➕
    KETANI, Riad appointed
    director
  22. 2010-12-20
    ➕
    OLDROYD, Joy appointed
    director
  23. 2010-08-04
    ➖
    COXON, Jeffrey Lance resigned
    director
  24. 2009-07-02
    ➖
    SPARKS, Michael resigned
    director
  25. 2009-06-15
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  26. 2008-12-10
    🏢
    Company incorporated
    As A690 SPECIALIST CARS LIMITED
  27. 2008-12-10
    ➕
    OLDROYD, Philip appointed
    director
  28. 2008-12-10
    ➕
    COXON, Jeffrey Lance appointed
    director
  29. 2008-12-10
    ➕
    SPARKS, Michael appointed
    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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Philip Oldroyd
Individual · British · DOB 05/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Joy Oldroyd
Individual · British · DOB 09/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Automotive · DH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A F MOTOR SERVICES (DURHAM) LIMITED→
07915504 · est 2012 · no financials extracted
————14y——
A SIX NINETY ONE WARRANTIES LIMITED→
12150838 · est 2019 · no financials extracted
————6y——
ANGLO SCOTTISH ASSET FINANCE LIMITED→
06099866 · est 2007 · no financials extracted
————19y——
AUTOPARKUK LIMITED→
11238353 · est 2018 · no financials extracted
————8y——
AUTOREPAIRUK LTD→
11803899 · est 2019 · no financials extracted
————7y——
BARS FACTORS LIMITED→
03343325 · est 1997 · no financials extracted
————29y——
BEAMISH MORGAN LIMITED→
07704024 · est 2011 · no financials extracted
————14y——
BEEP BEEP CARS LTD→
15245342 · est 2023 · no financials extracted
————2y——
BESCOL BODYWORKS LIMITED→
13068185 · est 2020 · no financials extracted
————5y——
BESCOL MOTORS (CONSETT) LIMITED→
11398377 · est 2018 · no financials extracted
————7y——
BIRTLEY CAR AND COMMERCIALS LTD→
15698012 · est 2024 · no financials extracted
————1y——
BIRTLEY COMMERCIAL VEHICLES LTD→
12318394 · est 2019 · no financials extracted
————6y——
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
Incorporated2008-12-10
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

Belmont Bridge
Carville
Co Durham
DH1 1LU

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 (4 active · 3 resigned)

KETANI, Riad→
director · ~44y · appointed 2012-04-01
View their other companies + combined net worth →
Active
OLDROYD, Jamie→
director · ~42y · appointed 2016-12-20
View their other companies + combined net worth →
Active
OLDROYD, Joy→
director · ~66y · appointed 2010-12-20
View their other companies + combined net worth →
Active
OLDROYD, Philip→
director · ~65y · appointed 2008-12-10
View their other companies + combined net worth →
Active
COXON, Jeffrey Lance→
director · ~70y · appointed 2008-12-10 · resigned 2010-08-04
Resigned
SPARKS, Michael→
director · ~78y · appointed 2008-12-10 · resigned 2009-07-02
Resigned
TAYLOR, William→
director · ~52y · appointed 2025-07-28 · resigned 2026-03-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property15/06/200930/11/2017

Recent filings (54 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
appoint-person-director-company-with-name-date
officers · AP01
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-10
resolution
resolution · RESOLUTIONS
2021-10-13
capital-name-of-class-of-shares
capital · SH08
2021-10-12
statement-of-companys-objects
change-of-constitution · CC04
2021-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-23