ABCO TYRES LTD
Opportunity 74/100 (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
1 live charge · oldest 6.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | — | £222.0k |
| Current assets | — | £191.6k |
| Net assets | — | £170.5k |
| Average employees | 1100 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (19 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-21📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-05🔒Charge registered #1Lender: National Westminster Bank PLC
- 2019-09-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-19📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2017-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-01-16🏢Company incorporatedAs ABCO TYRES LTD
- 2014-01-16➕HEMMINGS, Christopher 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.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Csh Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Csh Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 24/12/2024 |
1 historic (ceased) PSC
- Mr Christopher James Hemmingsceased 24/12/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · TF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AJUSA UK LTD→ 09795570 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AK PRO GARAGE LTD→ 13058777 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALAN POOLE MOTORS LIMITED→ 12036166 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALF CLASSICS LIMITED→ 15223152 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLMAN JL LTD→ 14941379 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLSCOTT CARS LTD→ 17092319 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AMEX TRADING LTD→ 13482496 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANH AUTOMOTIVE LTD→ 15323071 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AP MOTOR WORKS LTD→ 16860047 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCHERS AUTOS LTD→ 16500150 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARES GARAGE LIMITED→ 17000856 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASHBOURNE AUTOMOTIVE LIMITED→ 11909351 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 05/02/2020 | — |