ALEX LYNN RACING LIMITED
- · Oldest live charge 15.0y old — refinance window within 12 months
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 15.0y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 15.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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 | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Total assets | £-4.41M | £-4.69M |
| Current assets | £53.1k | £82.6k |
| Net assets | £-4.41M | £-4.69M |
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 persons-with-significant-control
- • 1 officers
- • 1 persons-with-significant-control
- • 1 officers
- • 1 accounts
- • 1 persons-with-significant-control
- • 1 officers
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2026-05-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-14📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-06-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-05-14➕HIGNETT, Kelly Gabriella appointeddirector
- 2019-05-14➖LYNN, Theresa resigneddirector
- 2018-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-05-16🔒Charge registered #1Lender: Theresa Lynn
- 2010-12-01➖LYNN, Shaun David resigneddirector
- 2010-12-01➕LYNN, Theresa appointeddirector
- 2010-03-12➕LYNN, Alexander George appointeddirector
- 2010-03-12➖EDWARDS, Timothy James resigneddirector
- 2010-03-12➕LYNN, Shaun David appointeddirector
- 2010-01-10🏢Company incorporatedAs ALEX LYNN RACING LIMITED
- 2010-01-10➕EDWARDS, Timothy James appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LYNN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-28
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander George Lynn Individual · British · DOB 09/1993 · age 33 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Shaun David Lynn Individual · British · DOB 11/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/05/2019 |
1 historic (ceased) PSC
- Teresa Lynnceased 14/05/2019· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Theresa Lynn | Debenture | 1 property | 16/05/2011 | — |