COLLINS TYRE SERVICES LIMITED

💤Zombieactive

SC149065 · ltd · incorporated 1994-02-15

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 Mar 2025

Net worth

£162.0k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 45200

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 28.1y

45/100

under pressure

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

· Oldest live charge is 28.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

75 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £161,953

Cash YoY

+27%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£244k

↑ 27% YoY

Net Worth

£162k

↑ 46% YoY

Current Assets

£324k

↑ 12% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£175.6k	£142.9k
Current assets	£324.4k	£290.2k
Cash	£243.9k	£191.8k
Debtors	£52.7k	£66.2k
Net assets	£162.0k	£111.1k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-10-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-03-06
📄
change-person-director-company-with-change-date
officers · CH01
2019-03-06
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2003-04-17
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1998-03-16
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1994-03-16
➕
COLLINS, Shirley Ann appointed
secretary
1994-03-16
➕
COLLINS, Philip John appointed
director
1994-03-16
➖
KENNEDY, Anne resigned
secretary
1994-03-16
➖
KENNEDY, Ewan Graham resigned
director
1994-02-15
🏢
Company incorporated
As COLLINS TYRE SERVICES LIMITED
1994-02-15
➕
KENNEDY, Anne appointed
secretary
1994-02-15
➕
KENNEDY, Ewan Graham appointed
director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "COLLINS" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

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

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Shirley Ann Collins Individual · British · DOB 05/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting	07/03/2019
Mr Philip John Collins Individual · British · DOB 11/1958 · age 68	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest	01/02/2017

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

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CHARING CROSS CARS LIMITED→ SC213715 · est 2000	—	—	£124.8k	—	25y	82	61y
CLYDE MOTOR ENGINEERS LTD.→ SC294487 · est 2005	—	—	£707.3k	—	20y	82	59y
FERGUS MONK LTD→ SC317742 · est 2007	—	—	£263.9k	—	19y	82	72y
L4 TINTS LTD→ SC718718 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
S.JOHNSTON TRADING LIMITED→ SC343461 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
SINGH'S GARAGE LIMITED→ SC355272 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
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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

Incorporated1994-02-15

Jurisdictionscotland

Primary SIC45200 — SIC 45200

Registered office

42 Beith Road

Johnstone

PA5 8YE

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-01

Last: 2026-02-15

Officers (2 active · 2 resigned)

COLLINS, Shirley Ann→

secretary · appointed 1994-03-16

View their other companies + combined net worth →

Active

COLLINS, Philip John→

director · ~68y · appointed 1994-03-16

View their other companies + combined net worth →

Active

KENNEDY, Anne→

secretary · appointed 1994-02-15 · resigned 1994-03-16

Resigned

KENNEDY, Ewan Graham→

director · ~78y · appointed 1994-02-15 · resigned 1994-03-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	17/04/2003	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	16/03/1998	—

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