AUTOCARS MOT & SERVICE CENTRE LTD
Opportunity 59/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-05-31 |
|---|---|
| Total assets | £40.0k |
| Current assets | £134.1k |
| Cash | £53.0k |
| Debtors | £78.4k |
| Net assets | £40.0k |
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 accounts
Corporate timeline (16 events)Click to expand
- 2026-02-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-06-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-06-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-05-15🏢Company incorporatedAs AUTOCARS MOT & SERVICE CENTRE LTD
- 2019-05-15➕RIDLEY, Karl George appointeddirector
- 2019-05-15➕USHER, Neil appointeddirector
- 2019-05-15➕AUTOCARS LTD appointedcorporate-director
- 2019-05-15➖AUTOCARS LTD resignedcorporate-director
- 2019-05-15📄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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
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.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-05-27
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-07-02
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Karl George Ridley Individual · British · DOB 10/1970 · age 56 | 50–75% | — | 50-75% shares | 15/05/2019 |
Mr Neil Usher Individual · British · DOB 08/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/05/2019 |
1 historic (ceased) PSC
- Autocars Ltdceased 15/05/2019· 25-50% shares · 25-50% voting
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
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|---|---|---|---|---|---|---|---|
| ABU MOTOR SERVICE LIMITED→ 16167710 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLTECHMOTORS LIMITED→ 15992058 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALS AUTOS WITHERNSEA LIMITED→ 08266875 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AMPERA EV LTD→ 16439998 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUTO APPROVED LTD→ 10719929 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AUTO HUB SERVICES LTD→ 12701711 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AUTO MAGIC (HULL) LIMITED→ 10173662 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AUTO SERVICES DIAGNOSTICS ALL CARS UK LTD→ 16809219 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUTO TOTAL LIMITED→ 11941496 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AUTOBROKER (MELTON) LIMITED→ 11688232 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AUTOCARS LIMITED→ 04927724 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AUTOELITE (HULL) LIMITED→ 06077805 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
9 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 · 1 resigned)
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