116 PARTS LTD
🌳Matureactive
09913292 · ltd · incorporated 2015-12-11
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Average employees | 200 | 200 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-15📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2023-12-14📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-26📄capital-allotment-sharescapital · SH01
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-12-11🏢Company incorporatedAs 116 PARTS LTD
- 2015-12-11➕WARING, Brian Francis appointeddirector
- 2015-12-11➕WARING, Lee Brian appointeddirector
Owner dependency
86/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- 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
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 Lee Brian Waring Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/07/2016 |
Mr Brian Francis Waring Individual · British · DOB 04/1960 · age 66 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
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 · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1086 ESTATES LIMITED→ 11590129 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 24/7 CAR SALES LIMITED→ 16678442 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 365 MOTORS LTD→ 13214939 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 5CAG LIMITED→ 13058806 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A.F.L. (AUTOFACTORS) LIMITED→ 01202420 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
| A&E WHEELS LIMITED→ 11352773 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A1GARAGE PRESTON LTD→ 15482290 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A1PAINTWORK LTD→ 13969208 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A2Z AUTO (NW) LIMITED→ 10117581 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AA 1ST WINDSCREENS LTD→ 09385432 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AAA AUTO SERVICES LIMITED→ 07853928 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AB GRAPHX LIMITED→ 13711006 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2015-12-11
Jurisdictionengland-wales
Primary SIC45320 — Retail trade of motor vehicle parts and accessories
Registered office
Rtg Automotive Unit 1-7 North Star Business Park
Tuer Street
Leyland
PR25 3US
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-24
Last: 2025-12-10
Officers (2 active · 0 resigned)
WARING, Brian Francis→
Activedirector · ~66y · appointed 2015-12-11
View their other companies + combined net worth →
WARING, Lee Brian→
Activedirector · ~38y · appointed 2015-12-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-19
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
change-person-director-company-with-change-date
officers · CH01
2023-12-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-31