MERVYN STEWART LIMITED
🌳Matureactive
NI005804 · ltd · incorporated 1963-12-24
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 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45112SIC 45112
- 45200SIC 45200
- 45320Retail trade of motor vehicle parts and accessories
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
13 live charges · 6 lenders · oldest 56.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 56.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
176 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,078,436
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Profit before tax | £1.08M |
| Average employees | 85 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2025-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-02📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02🔓Charge satisfied #13
- 2025-06-02🔓Charge satisfied #11
- 2025-06-02🔓Charge satisfied #10
- 2025-05-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-05-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-16➕STEWART, Stephen Wesley appointedsecretary
- 2025-04-16➖STEWART, Mervyn resignedsecretary
- 2025-04-16➖STEWART, Mervyn resigneddirector
- 2024-06-06📄accounts-with-accounts-type-mediumaccounts · AA
- 2023-08-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-30📄accounts-with-accounts-type-groupaccounts · AA
- 2023-05-17📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-10-03📄accounts-with-accounts-type-groupaccounts · AA
- 2022-01-10📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2021-10-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-30🔒Charge registered #13Lender: Northern Bank Limited
- 2021-06-17📄memorandum-articlesincorporation · MA
- 2021-06-17📄capital-allotment-sharescapital · SH01
- 2021-04-07🔒Charge registered #12Lender: Northern Bank Limited
- 2020-06-10🔒Charge registered #11Lender: Northern Bank Limited
- 2018-09-28🔒Charge registered #10Lender: Northern Bank Limited
- 2017-05-06➕BICKERSTAFF, Karen appointeddirector
- 2017-05-06➕LOCKHART, Colin Hugh appointeddirector
- 2015-06-22🔓Charge satisfied #4
- 1999-01-06🔓Charge satisfied #3
- 1998-06-10🔓Charge satisfied #8
- 1998-06-10🔓Charge satisfied #7
- 1998-05-07🔓Charge satisfied #9
- 1995-06-07🔒Charge registered #9Lender: Fiat Auto (UK) LTD
- 1994-03-14🔒Charge registered #8Lender: Fiat Auto (UK) LTD
- 1994-02-01🔒Charge registered #7Lender: Institute Bancario
- 1992-11-19🔒Charge registered #6Lender: Northern Bank LTD
- 1992-04-24🔒Charge registered #5Lender: Northern Bank LTD
- 1992-01-28🔒Charge registered #4Lender: Esso Petroleum
- 1991-12-13🔒Charge registered #3Lender: Northern Bank LTD
- 1972-10-31🔓Charge satisfied #2
- 1972-03-29🔒Charge registered #2Lender: Northern Bank LTD
- 1971-03-24🔓Charge satisfied #1
- 1969-08-01🔒Charge registered #1Lender: Carplant Limited
- 1963-12-24🏢Company incorporatedAs MERVYN STEWART LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder name in company name: Company name contains director surname "STEWART" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Wesley Stewart Individual · British · DOB 12/1964 · age 62 | 50–75% | — | 50-75% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Mervyn Stewartceased 16/04/2025· 25-50% shares
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 · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| M-B TRUCK AND VAN (NI) LIMITED→ NI020402 · est 1987 | £9.50M £7.60M–£11.40M | £48.66M | — | 12700 | 39y | 85 | 64y |
| ROAD TRUCKS LIMITED→ NI010084 · est 1974 | £5.42M £4.34M–£6.50M | — | — | 59 | 52y | 83 | 54y |
| PRENTICE PORTADOWN LIMITED→ NI626334 · est 2014 | £4.59M £3.67M–£5.51M | £47.61M | — | 7500 | 11y | 85 | 62y |
| PHILLIPS (LISBURN) LIMITED→ NI020891 · est 1987 | £4.02M £3.22M–£4.83M | £27.87M | — | 3200 | 38y | 87 | 72y |
| J.K.C.SPECIALIST CARS LIMITED→ NI013216 · est 1978 | £2.51M £2.01M–£3.02M | — | — | 89 | 47y | 84 | 84y |
| THOMPSON LEISURE LIMITED→ NI609785 · est 2011 | £1.39M £1.11M–£1.66M | £23.67M | — | 3900 | 14y | 84 | 64y |
| JF CAR SALES LIMITED→ NI624551 · est 2014 | £817.2k £653.8k–£980.7k | £3.14M | — | 500 | 12y | 84 | 68y |
| DOWNEYS CARS (N.I.) LTD→ NI025135 · est 1990 | £792.1k £633.7k–£950.5k | — | — | 2400 | 35y | 83 | 66y |
| ROADSIDE (GARAGES) LIMITED→ NI019543 · est 1986 | £509.6k £407.7k–£611.6k | — | — | 23 | 39y | 85 | 61y |
| CURTIS DEVELOPMENTS LTD.→ NI030918 · est 1996 | £324.8k £259.9k–£389.8k | — | — | 25 | 29y | 84 | 70y |
| HOWARD ABRAHAM (MOTORS) LIMITED→ NI004747 · est 1960 | £32.3k £25.8k–£38.7k | — | — | 25 | 65y | 87 | 78y |
| LISBURN AUTO SALVAGE LIMITED→ NI603743 · est 2010 | — | — | — | 2400 | 15y | 85 | 64y |
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
Incorporated1963-12-24
Jurisdictionnorthern-ireland
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
11 Boucher Crescent
Belfast
BT12 6HU
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10
Officers (4 active · 2 resigned)
STEWART, Stephen Wesley→
Activesecretary · appointed 2025-04-16
View their other companies + combined net worth →
BICKERSTAFF, Karen→
Activedirector · ~49y · appointed 2017-05-06
View their other companies + combined net worth →
LOCKHART, Colin Hugh→
Activedirector · ~62y · appointed 2017-05-06
View their other companies + combined net worth →
Active
STEWART, Mervyn→
Resignedsecretary · resigned 2025-04-16
STEWART, Mervyn→
Resigneddirector · ~90y · resigned 2025-04-16
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
3
Outstanding
1
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Northern Bank Northern Bank Limited | A registered charge | 3 properties | 30/09/2021 | 02/06/2025 | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 1 property | 07/04/2021 | — | |
| satisfied | Northern Bank Northern Bank Limited | A registered charge | 1 property | 10/06/2020 | 02/06/2025 | |
| satisfied | Northern Bank Northern Bank Limited | A registered charge | 1 property | 28/09/2018 | 02/06/2025 | |
| satisfied | Fiat Auto (UK) Fiat Auto (UK) LTD | Mortgage or charge | 1 property | 07/06/1995 | 07/05/1998 | |
| satisfied | Fiat Auto (UK) Fiat Auto (UK) LTD | Mortgage or charge | 1 property | 14/03/1994 | 10/06/1998 | |
| satisfied | Institute Bancario | Mortgage or charge | 1 property | 01/02/1994 | 10/06/1998 | |
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 19/11/1992 | — | |
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 24/04/1992 | — | |
| satisfied | Esso Petroleum | Mortgage or charge | 1 property | 28/01/1992 | 22/06/2015 | |
| satisfied | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 13/12/1991 | 06/01/1999 | |
| satisfied | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 29/03/1972 | 31/10/1972 | |
| satisfied | Carplant Carplant Limited | Mortgage or charge | 1 property | 01/08/1969 | 24/03/1971 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (176 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-full
accounts · AA
2025-09-16
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
change-person-director-company-with-change-date
officers · CH01
2025-05-06
appoint-person-secretary-company-with-name-date
officers · AP03
2025-05-06
termination-director-company-with-name-termination-date
officers · TM01
2025-05-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-medium
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-02