TECHNICAL RETAIL SERVICES LTD
- · Oldest live charge 28.0y old — refinance window within 12 months
Opportunity 72/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (78/100).
Refinance opportunity
3 live charges · oldest 28.0y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 28.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Profit before tax | £334.9k |
| Average employees | 61 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 officers
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (34 events)Click to expand
- 2026-05-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2026-05-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-01➕COUTTS, Ronnie appointeddirector
- 2025-12-23📄memorandum-articlesincorporation · MA
- 2025-12-23📄resolutionresolution · RESOLUTIONS
- 2025-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-12➖MCINTOSH, Bruce Allan resigneddirector
- 2025-10-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-10-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-22🔓Charge satisfied #2
- 2024-11-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-25🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2024-10-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-14📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-05-06➖MCINTOSH, Bruce Allan resignedsecretary
- 2022-04-08📄memorandum-articlesincorporation · MA
- 2022-04-08📄resolutionresolution · RESOLUTIONS
- 2022-04-08📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-04-08📄legacycapital · SH20
- 2022-04-08⚠️legacyinsolvency · CAP-SS
- 2022-04-08📄resolutionresolution · RESOLUTIONS
- 2018-11-23🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1998-05-22🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1998-01-19🏢Company incorporatedAs TECHNICAL RETAIL SERVICES LTD
- 1998-01-19➕LEES, Stephen John Peter appointeddirector
- 1998-01-19➕YULE, Robert appointeddirector
- 1998-01-19➕MCINTOSH, Bruce Allan appointedsecretary
- 1998-01-19➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1998-01-19➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1998-01-19➕MCINTOSH, Bruce Allan appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-04-08: legacy
Group structure
Trs Group Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Trs Group Holdings Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
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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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 25/11/2024 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/11/2018 | 22/10/2025 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 22/05/1998 | — |