CLASSIC 2 MODERN CAR PARTS LTD
Opportunity 72/100 (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 (58/100).
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 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
Corporate timeline (13 events)Click to expand
- 2025-11-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-13📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-02-19🏢Company incorporatedAs CLASSIC 2 MODERN CAR PARTS LTD
- 2019-02-19➕BAMFORD, Ian Robert appointeddirector
- 2019-02-19➕ELLIOTT, Duncan Lee appointeddirector
- 2019-02-19📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Robert Bamford Individual · British · DOB 05/1976 · age 50 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 19/02/2019 |
Mr Duncan Lee Elliott Individual · British · DOB 06/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/02/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · WN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A6 BODYSHOP LTD→ 07395240 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADVANCED AUDIO & SECURITY SOLUTIONS LIMITED→ 15434569 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ASPULL MOTOR VEHICLES LIMITED→ 04970493 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BASE RECOVERY AND SERVICE LIMITED→ 07893097 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BDS AUTOMOTIVE LTD→ 11929572 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BROCKSFORD MOTORS LIMITED→ 01741661 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| C&E BROADLEY LTD→ 14371820 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAR 4 YOU WIGAN LTD→ 15597096 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CAR SPARES HINDLEY LTD→ 10584869 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CHY WRIGHT ENGINEERING LIMITED→ 13462442 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CLOVERLEAF GARAGE (BLACKPOOL) LIMITED→ 08898712 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CMH TRADING LIMITED→ 16581075 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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.