LIX TOLL GARAGE LIMITED

💤Zombieactive
SC049001 · ltd · incorporated 1971-07-30
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2024
Net worth
£209.4k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47300Retail sale of automotive fuel in specialised stores
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 18.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £209,379

Key financials

1 year extracted from filed iXBRL accounts
Cash
£24k
Net Worth
£209k
Current Assets
£67k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-30
Total assets£213.9k
Current assets£66.6k
Cash£23.8k
Debtors£31.8k
Net assets£209.4k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-01-19
    ➖
    SANGHA, Amrik Singh resigned
    director
  9. 2021-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2019-01-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-03-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2018-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-03-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-02-26
    ➕
    SANGHA, Jaswinder Kaur appointed
    secretary
  19. 2018-02-26
    ➕
    SANGHA, Kuljevan Singh appointed
    director
  20. 2018-02-26
    ➖
    SANGHA, Kuljevan Singh resigned
    secretary
  21. 2015-05-12
    🔓
    Charge satisfied #2
  22. 2012-04-11
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  23. 2007-09-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2007-07-27
    ➖
    CUSHLEY, Frances resigned
    secretary
  25. 2007-07-27
    ➕
    SANGHA, Kuljevan Singh appointed
    secretary
  26. 2007-07-27
    ➖
    CUSHLEY, Frances resigned
    director
  27. 2007-07-27
    ➖
    CUSHLEY, James resigned
    director
  28. 2007-04-17
    ➕
    SANGHA, Amrik Singh appointed
    director
  29. 1971-07-30
    🏢
    Company incorporated
    As LIX TOLL GARAGE LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 55 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Lix Toll Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lix Toll Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
LIX TOLL GARAGE LIMITED
This company · SC049001

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Lix Toll Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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.

See pricing →

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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
Incorporated1971-07-30
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

Lix Toll Garage
Lix Toll
Killin
Perthshire
FK21 8RB

Filing status

Accounts
Next due: 2026-05-25
Last made up to: 2024-05-30
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (2 active · 5 resigned)

SANGHA, Jaswinder Kaur→
secretary · appointed 2018-02-26
View their other companies + combined net worth →
Active
SANGHA, Kuljevan Singh→
director · ~38y · appointed 2018-02-26
View their other companies + combined net worth →
Active
CUSHLEY, Frances→
secretary · resigned 2007-07-27
Resigned
SANGHA, Kuljevan Singh→
secretary · appointed 2007-07-27 · resigned 2018-02-26
Resigned
CUSHLEY, Frances→
director · ~81y · resigned 2007-07-27
Resigned
CUSHLEY, James→
director · ~84y · resigned 2007-07-27
Resigned
SANGHA, Amrik Singh→
director · ~70y · appointed 2007-04-17 · resigned 2022-01-19
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Bond & floating charge1 property11/04/201212/05/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/09/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
termination-director-company-with-name-termination-date
officers · TM01
2022-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-28