ABLEFIT TYRES & EXHAUSTS LIMITED
🌳Matureactive
07401809 · ltd · incorporated 2010-10-08
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 11.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£2.16M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 11.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 declaredPositive net assets
Net assets £2,155,685
Cash YoY
+11%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.3m
↑ 11% YoY
Net Worth
£2.2m
~ YoY
Current Assets
£1.8m
↓ 2.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £2.17M | £2.15M |
| Current assets | £1.78M | £1.82M |
| Cash | £1.31M | £1.19M |
| Debtors | £281.3k | £444.4k |
| Net assets | £2.16M | £2.15M |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-26📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2017-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2015-03-26🔒Charge registered #3Lender: National Westminster Bank PLC
- 2015-03-24🔒Charge registered #2Lender: National Westminster Bank PLC
- 2014-12-10🔒Charge registered #1Lender: National Westminster Bank PLC
- 2010-10-08🏢Company incorporatedAs ABLEFIT TYRES & EXHAUSTS LIMITED
- 2010-10-08➕WILSON, Janine Vandra appointedsecretary
- 2010-10-08➕WILSON, Janine Vandra appointeddirector
- 2010-10-08➕WILSON, Paul David appointeddirector
- 2010-10-08➕SHALTIEL, Yaakov, Dr appointeddirector
- 2010-10-08➖SHALTIEL, Yaakov, Dr resigneddirector
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
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.
- 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.
- 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul David Wilson Individual · British · DOB 03/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Ms Janine Vandra Wilson Individual · British · DOB 08/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ADAM & JONES LTD→ 15989013 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED VEHICLE SOLUTIONS LIMITED→ 05159969 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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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
Incorporated2010-10-08
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
9-13 High Street High Street
Wells
Somerset
BA5 2AA
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08
Officers (3 active · 1 resigned)
WILSON, Janine Vandra→
Activesecretary · appointed 2010-10-08
View their other companies + combined net worth →
WILSON, Janine Vandra→
Activedirector · ~61y · appointed 2010-10-08
View their other companies + combined net worth →
WILSON, Paul David→
Activedirector · ~57y · appointed 2010-10-08
View their other companies + combined net worth →
SHALTIEL, Yaakov, Dr→
Resigneddirector · ~49y · appointed 2010-10-08 · resigned 2010-10-08
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 26/03/2015 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 24/03/2015 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 10/12/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (56 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-08-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-08-01