KENWAY TYRES LIMITED

🌳Matureactive
SC098090 · ltd · incorporated 1986-03-27
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
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Turnover
year to Mar 2025
Net worth
£4.41M
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45310SIC 45310
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 81). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 39.1y

35/100
too messy

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

  • · Oldest live charge is 39.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
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
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £4,407,401

Key financials

2 years extracted from filed iXBRL accounts
Cash
£128
Net Worth
£4.4m
Current Assets
Current Liabilities
£0£881k£1.8m£2.6m£3.5m£4.4mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£169.7k
Cash£128
Net assets£4.41M
Average employees5900

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-01-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-01-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-03-04
    📄
    auditors-resignation-company
    auditors · AUD
  6. 2021-12-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2021-08-05
    GRIEVE, Paula Birk appointed
    director
  8. 2021-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-02-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2020-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2020-08-27
    🔓
    Charge satisfied #3
  12. 2019-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2019-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-12-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2017-11-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2016-11-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2016-10-28
    BUCHAN, Hanna Barclay appointed
    director
  18. 2016-10-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2009-06-18
    🔒
    Charge registered #7
    Lender: Royal Bank of Scotland PLC
  20. 2000-03-01
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  21. 2000-02-15
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  22. 1998-08-27
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  23. 1988-10-20
    🔒
    Charge registered #3
    Lender: Pirelli Limited
  24. 1988-02-10
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 1987-03-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 1986-03-27
    🏢
    Company incorporated
    As KENWAY TYRES LIMITED

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
6 live charges
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alan Murdoch Kennaway
Individual · British · DOB 08/1945 · age 81
75100%
75-100% shares06/04/2016

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

8 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
Incorporated1986-03-27
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

11 St. Machar Road
Aberdeen
AB24 2UU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (4 active · 0 resigned)

KENNAWAY, Ian Barclay
secretary
View their other companies + combined net worth →
Active
BUCHAN, Hanna Barclay
director · ~48y · appointed 2016-10-28
View their other companies + combined net worth →
Active
GRIEVE, Paula Birk
director · ~57y · appointed 2021-08-05
View their other companies + combined net worth →
Active
KENNAWAY, Alan Murdoch
director · ~81y
View their other companies + combined net worth →
Active

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

Mortgages & charges

7
Total charges
6
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property18/06/2009
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/03/2000
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property15/02/2000
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property27/08/1998
satisfied
Pirelli
Pirelli Limited
Standard security1 property20/10/198827/08/2020
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/02/1988
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/03/1987
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (110 total)

accounts-with-accounts-type-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-full
accounts · AA
2024-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
accounts-with-accounts-type-full
accounts · AA
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-09
auditors-resignation-company
auditors · AUD
2022-03-04
accounts-with-accounts-type-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-09
appoint-person-director-company-with-name-date
officers · AP01
2021-08-05
accounts-with-accounts-type-full
accounts · AA
2021-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10