NORTHERN AUTOMOBILE COMPANY LIMITED

🌳Matureactive

SC038210 · ltd · incorporated 1962-11-30

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

—

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Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 69). 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 (65/100).

🏦

Refinance opportunity

6 live charges · 6 lenders · oldest 32.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 32.6 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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

No iXBRL financials extracted

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

7 officers (3 active, 7 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

11 connected companies via shared directors

Filing history

132 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2026-03-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-09-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-08-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-07-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-10-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-12-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-08-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-09-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-09-07
📄
accounts-with-accounts-type-small
accounts · AA
2016-08-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-07-27
📄
accounts-with-accounts-type-small
accounts · AA
2016-01-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-21
📄
accounts-with-accounts-type-small
accounts · AA
2015-01-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-12
🔓
Charge satisfied #5
2014-07-23
🔒
Charge registered #6
Lender: Hsbc Bank PLC
2009-10-17
➖
WATT, William Andrew Brian resigned
director
2006-06-30
➖
JOHNSTON, Nicholas Paul resigned
director
2005-09-09
🔓
Charge satisfied #4
2005-09-09
🔓
Charge satisfied #3
2005-09-09
🔓
Charge satisfied #1
2005-09-02
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1999-11-01
🔓
Charge satisfied #2
1999-05-30
➖
RARITY, Thomas Ian resigned
director
1996-05-09
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
1994-10-26
🔒
Charge registered #3
Lender: Lloyds Bowmaker Limited
1994-10-26
🔒
Charge registered #2
Lender: Lloyds Bowmaker Leasing Limited
1993-09-29
🔒
Charge registered #1
Lender: Royscot Trust PLC for Itself and as Trustee for Others
1992-04-01
➕
RARITY, Thomas Ian appointed
director
1991-05-30
➖
SEENAN, Desmond resigned
director
1962-11-30
🏢
Company incorporated
As NORTHERN AUTOMOBILE COMPANY LIMITED

Owner dependency

73/100

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.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

66/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 63 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple 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 Douglas John Brown Individual · British · DOB 01/1963 · age 63	—	—	board controlboard control	07/04/2016

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.

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Similar companies

Active · Other · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OMEGA EXPORT LP→ SL021203 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
OMNI INVESTMENTS L.P.→ SL020544 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
OPTIMA TRADING L.P.→ SL023333 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
OPTIMISTIC INTERNATIONAL LP→ SL026777 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ORANGEDALE INVESTMENTS→ SL004035 · est 2001 · no financials extracted	—	—	—	—	25y	—	—
ORBITIN SP→ SL004054 · est 2001 · no financials extracted	—	—	—	—	25y	—	—
ORCHARD ALLIANCE LP→ SL026783 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ORCHARD STREET FOUNDER PARTNER II LP→ SL010475 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
ORCHARD STREET UK PRIME PROPERTY NO2 LP→ SL017227 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ORDOSS TRADING LP→ SL019178 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
OREGON CAPITAL LP→ SL018762 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ORGANIK PROD LP→ SL037521 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated1962-11-30

Jurisdictionscotland

Primary SIC99999 — SIC 99999

Registered office

8 Westerton Road

East Mains Industrial Estate

Broxburn

West Lothian

EH52 5AU

Scotland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (3 active · 4 resigned)

MOHAMMED, Nasser Abdul→

secretary

View their other companies + combined net worth →

Active

BROWN, Douglas John→

director · ~63y

View their other companies + combined net worth →

Active

MOHAMMED, Nasser Abdul→

director · ~69y

View their other companies + combined net worth →

Active

JOHNSTON, Nicholas Paul→

director · ~78y · resigned 2006-06-30

Resigned

RARITY, Thomas Ian→

director · ~80y · appointed 1992-04-01 · resigned 1999-05-30

Resigned

SEENAN, Desmond→

director · ~73y · resigned 1991-05-30

Resigned

WATT, William Andrew Brian→

director · ~83y · resigned 2009-10-17

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	HSBC Hsbc Bank PLC	A registered charge	—	23/07/2014	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	02/09/2005	12/09/2014
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	09/05/1996	09/09/2005
satisfied	Lloyds Banking Group Lloyds Bowmaker Limited	Floating charge	1 property	26/10/1994	09/09/2005
satisfied	Lloyds Banking Group Lloyds Bowmaker Leasing Limited	Floating charge	1 property	26/10/1994	01/11/1999
satisfied	Royscot Trust for Itself and as Trustee for Others Royscot Trust PLC for Itself and as Trustee for Others	Floating charge	1 property	29/09/1993	09/09/2005

Click column headers to sort. Use filters above to narrow by status and lender.