BOURNES MOTORS LIMITED

🌳Matureactive
09402802 · ltd · incorporated 2015-01-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£-39.3k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -62% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £39,271
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£16k
↓ 62% YoY
Net Worth
-£39k
↓ 92% YoY
Current Assets
£75k
↓ 7.5% YoY
Current Liabilities
-£39k-£15k£9k£33k£57k£81kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Total assets£-39.3k£-20.5k
Current assets£74.7k£80.8k
Cash£16.4k£43.5k
Debtors£13.4k£9.0k
Net assets£-39.3k£-20.5k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-07-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-08-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-01-23
    🏢
    Company incorporated
    As BOURNES MOTORS LIMITED
  17. 2015-01-23
    BETTS, Barbara appointed
    director
  18. 2015-01-23
    DAY, Nicholas appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 Nicholas Day
Individual · British · DOB 01/1975 · age 51
2550%
25-50% shares08/01/2026
Mrs Barbara Betts
Individual · British · DOB 02/1973 · age 53
2550%
25-50% shares14/07/2023
1 historic (ceased) PSC
  • Mr Nicholas Dayceased 08/01/2026· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · LN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A&K CARS LTD
17038810 · est 2026 · no financials extracted
B. A. BUSH (TYRES) LIMITED
01146917 · est 1973 · no financials extracted
52y
BARBER'S GARAGE LIMITED
06156638 · est 2007 · no financials extracted
19y
BASS (GRIMSBY) LIMITED
04292698 · est 2001 · no financials extracted
24y
BHIUK LIMITED
08584501 · est 2013 · no financials extracted
12y
BILLINGHAY GARAGE LTD
14718023 · est 2023 · no financials extracted
3y
BODY RESTORE LTD
14812982 · est 2023 · no financials extracted
2y
BOUNDARY LANE COMMERCIAL LIMITED
15914755 · est 2024 · no financials extracted
1y
BRICK LANE GARAGE LTD
12763259 · est 2020 · no financials extracted
5y
BROCKLESBY MOTORCYCLES LIMITED
01362656 · est 1978 · no financials extracted
48y
BROMLEY'S VEHICLE SERVICING & REPAIRS LTD
07572612 · est 2011 · no financials extracted
15y
BROWNIES BIKE SPARES LIMITED
09941472 · est 2016 · no financials extracted
10y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2015-01-23
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

The Bungalow Bournes Garage
Winceby
Horncastle
Lincs
LN9 6PB

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16

Officers (2 active · 0 resigned)

BETTS, Barbara
director · ~53y · appointed 2015-01-23
View their other companies + combined net worth →
Active
DAY, Nicholas
director · ~51y · appointed 2015-01-23
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-07