KERR BAILLIE LIMITED

🌳Matureactive

SC043485 · ltd · incorporated 1966-05-11

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 Apr 2025

Net worth

—

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Sale of new cars and light motor vehicles

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 47/100. Strong seller-intent signal (63/100, director aged 79). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 7 lenders · oldest 51.0y

35/100

too messy

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

· Oldest live charge is 51.0 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

4 officers (3 active, 4 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

96 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-04-30	2024-04-30
Average employees	900	900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

• 2 officers
• 1 accounts

Last 90 days

filings

• 2 officers
• 1 accounts

Last 180 days

filings

• 2 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2026-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-27
📄
change-person-secretary-company-with-change-date
officers · CH03
2026-04-27
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-01-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-08-06
➖
NICOL, John resigned
director
2005-02-07
🔒
Charge registered #9
Lender: Clydeport Properties Limited
1991-08-21
🔓
Charge satisfied #8
1988-06-06
🔓
Charge satisfied #4
1987-11-16
🔓
Charge satisfied #7
1987-11-16
🔓
Charge satisfied #5
1986-12-17
🔒
Charge registered #8
Lender: N W S Trust Limited
1986-04-17
🔒
Charge registered #7
Lender: Nissan Finance & UK LTD
1986-04-17
🔒
Charge registered #6
Lender: Nissan Finance UK LTD
1986-04-09
🔒
Charge registered #5
Lender: Nissan Finance & UK LTD
1981-07-10
🔒
Charge registered #4
Lender: Lloyds and Scottish Trust LTD
1977-03-23
🔒
Charge registered #3
Lender: Lloyds & Scottish Trust LTD
1977-02-22
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
1975-05-30
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
1966-05-11
🏢
Company incorporated
As KERR BAILLIE LIMITED

Owner dependency

81/100

Critical — business is the founder

The 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 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 60 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med · 1 low

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-27

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.

5 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Colin Beveridge Individual · British · DOB 02/1981 · age 45	25–50%	—	25-50% shares	15/05/2016
Mr Stephen Beveridge Individual · British · DOB 12/1976 · age 50	25–50%	—	25-50% shares	15/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KERR AND SMITH (CUMNOCK) LIMITED→ SC106800 · est 1987	£859.6k £687.7k–£1.03M	—	—	3400	38y	84	62y
AYRSHIRE MOTOR FACTORS LIMITED→ SC128561 · est 1990	—	—	—	400	35y	82	65y
COLVINS S.P.S. LIMITED→ SC212368 · est 2000	—	—	£13.7k	—	25y	82	62y
JOHN M. PATERSON LTD.→ SC321496 · est 2007	—	—	—	16	19y	82	64y
KATTRAK INTERNATIONAL LIMITED→ SC265073 · est 2004	—	—	—	6	22y	82	78y
KERR AND SMITH (AYR) LIMITED→ SC182558 · est 1998	—	—	—	13	28y	82	81y
MACLEAY MOTOR ENGINEERING LIMITED→ SC214626 · est 2001	—	—	£1.75M	—	25y	82	60y
MAYBANK MOTORS LIMITED→ SC164609 · est 1996 · no financials extracted	—	—	—	—	30y	82	67y
PARKER BROS. (KILMARNOCK) LIMITED→ SC040009 · est 1964	—	—	£109.0k	—	62y	82	59y
RIGHTCARS LIMITED→ SC245622 · est 2003	—	—	—	—	23y	82	61y
STUART MACDONALD CARS LTD.→ SC152462 · est 1994	—	—	£286.5k	—	31y	82	58y
TRUCKPOINT LIMITED→ SC082193 · est 1983	—	—	—	—	43y	82	82y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated1966-05-11

Jurisdictionscotland

Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

234 Glasgow Street

Ardrossan

Ayrshire

KA22 8JX

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-03-27OVERDUE

Last: 2025-03-13

Officers (3 active · 1 resigned)

BEVERIDGE, Jean Smith→

secretary

View their other companies + combined net worth →

Active

BEVERIDGE, Ian Douglas→

director · ~79y

View their other companies + combined net worth →

Active

BEVERIDGE, Jean Smith→

director · ~78y

View their other companies + combined net worth →

Active

NICOL, John→

director · ~79y · resigned 2005-08-06

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:9 of 9 shown

		Type	Properties
outstanding	Clydeport Properties Clydeport Properties Limited	Standard security	1 property	07/02/2005	—
satisfied	N W S Trust N W S Trust Limited	Bond & floating charge	1 property	17/12/1986	21/08/1991
satisfied	Nissan Finance & UK Nissan Finance & UK LTD	Standard security	1 property	17/04/1986	16/11/1987
outstanding	Nissan Finance UK Nissan Finance UK LTD	Standard security	1 property	17/04/1986	—
satisfied	Nissan Finance & UK Nissan Finance & UK LTD	Bond & floating charge	1 property	09/04/1986	16/11/1987
satisfied	Lloyds Banking Group Lloyds and Scottish Trust LTD	Floating charge	1 property	10/07/1981	06/06/1988
outstanding	Lloyds Banking Group Lloyds & Scottish Trust LTD	Standard security	1 property	23/03/1977	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	22/02/1977	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	30/05/1975	—

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

Recent filings (96 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-04-29

change-person-secretary-company-with-change-date

officers · CH03

2026-04-27

change-person-director-company-with-change-date

officers · CH01

2026-04-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-29

confirmation-statement-with-updates

confirmation-statement · CS01

2025-03-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-01-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-01-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-10-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-04-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-10-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-01-28