BRAE GARAGE (SHETLAND) LIMITED

🌳Matureactive
SC181649 · ltd · incorporated 1997-12-19
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 Dec 2024
Net worth
£742.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -36% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 28.3y

45/100
under pressure

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

  • · Oldest live charge is 28.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £742,489
Net assets shrinking
Down £63,111 YoY
Cash YoY
-36%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 36% YoY
Net Worth
£742k
↓ 7.8% YoY
Current Assets
£274k
↓ 34% YoY
Current Liabilities
—
£0£161k£322k£483k£644k£806kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.07M£1.13M
Current assets£273.6k£416.2k
Cash£3.6k£5.6k
Debtors£133.7k£254.6k
Net assets£742.5k£805.6k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-05-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-12-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-12-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-06-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-12-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2006-05-17
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  17. 1998-03-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 1998-01-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 1997-12-19
    🏢
    Company incorporated
    As BRAE GARAGE (SHETLAND) LIMITED
  20. 1997-12-19
    ➕
    JOHNSON, Valerie Dawn appointed
    secretary
  21. 1997-12-19
    ➕
    JOHNSON, Gary Hall appointed
    director
  22. 1997-12-19
    ➕
    JOHNSON, Valerie Dawn appointed
    director
  23. 1997-12-19
    ➕
    REID, Brian appointed
    nominee-secretary
  24. 1997-12-19
    ➖
    REID, Brian resigned
    nominee-secretary
  25. 1997-12-19
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  26. 1997-12-19
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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
NameSharesVoting rightsNature of controlNotified
Valerie Dawn Johnson
Individual · British · DOB 08/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Gary Hall Johnson
Individual · British · DOB 05/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

Similar companies

Active · Automotive · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BIXTER GARAGE LIMITED→
SC362464 · est 2009
———416y8269y
BURGESS GARAGE (SHETLAND) UNLIMITED→
SC376444 · est 2010 · no financials extracted
————16y8288y
J.R.J. SHETLAND LIMITED→
SC219234 · est 2001
———1124y8261y
AITH GARAGE LIMITED→
SC367818 · est 2009
——£154.9k—16y8065y
BESPOKE MOTOR CLASSICS LIMITED→
SC804983 · est 2024
——£186—2y7559y
BURRA MOTOR REPAIRS LIMITED→
SC442953 · est 2013
———50013y7553y
JIM'S GARAGE(SHETLAND) LIMITED→
SC083633 · est 1983 · no financials extracted
————42y7571y
CRS MAINTENANCE SERVICES LTD→
SC710441 · est 2021
——£19.2k—4y7136y
DUENDELLURE AUTO DESIGN LTD→
SC863992 · est 2025 · no financials extracted
—————7121y
CARS LAND LTD→
SC799478 · est 2024
————2y7033y
J GRAY ENGINEERING LIMITED→
SC771514 · est 2023
———1002y6028y
CHRIS SINCLAIR TYRE SERVICES LTD→
SC515556 · est 2015 · no financials extracted
————10y——
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
Incorporated1997-12-19
Jurisdictionscotland
Primary SIC45320 — Retail trade of motor vehicle parts and accessories

Registered office

Westvale
Brae
Shetland
ZE2 9QG

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (3 active · 2 resigned)

JOHNSON, Valerie Dawn→
secretary · appointed 1997-12-19
View their other companies + combined net worth →
Active
JOHNSON, Gary Hall→
director · ~65y · appointed 1997-12-19
View their other companies + combined net worth →
Active
JOHNSON, Valerie Dawn→
director · ~64y · appointed 1997-12-19
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1997-12-19 · resigned 1997-12-19
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1997-12-19 · resigned 1997-12-19
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/05/2006—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/03/1998—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/01/1998—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-19