AUTO PRICE LOCKSMITHS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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.
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 102| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Average employees | 2 | 200 |
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 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2025-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-02-20🏢Company incorporatedAs AUTO PRICE LOCKSMITHS LIMITED
- 2012-02-20➕SMITH, David Bruce appointeddirector
- 2012-02-20➕SMITH, Shirley Ann 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 "SMITH" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Bruce Smith Individual · British · DOB 10/1964 · age 62 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Shirley Ann Smith Individual · British · DOB 12/1962 · age 64 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4X4 FABRICATION LIMITED→ 11402984 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A AND D TYRES LTD.→ 07202077 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| A J MOTORS LLANSILIN LIMITED→ 13606468 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A2B MOTORHOME SERVICES LTD→ 16982904 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AB AUTOS LTD→ 16911132 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERYSTWYTH CAR & COMMERCIAL LTD→ 16388509 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALUN ROBERTS CAR SALES LIMITED→ 04484832 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ART MOTORS LIMITED→ 13169512 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ASB REPAIRS LIMITED→ 16297516 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASHLEY JORDAN CARS LIMITED→ 07221922 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AUTO CAR DETAILING LTD→ 14000636 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AUTOCRAFT ARC MANAGEMENT SERVICES LIMITED→ 07814460 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
6 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 · 0 resigned)
Click a director name to see their full track record across all companies.