CAR AND TRUCK SERVICES LIMITED

🌳Matureactive
SC185954 · ltd · incorporated 1998-05-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 11.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£160.8k
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 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.1y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
66 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 £160,752
Net assets shrinking
Down £14,063 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£161k
↓ 8.0% YoY
Current Assets
£104k
↓ 16% YoY
Current Liabilities
—
£0£35k£70k£105k£140k£175kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£202.3k£219.8k
Current assets£103.7k£123.4k
Cash—£52.0k
Debtors£49.8k£39.9k
Net assets£160.8k£174.8k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2023-01-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-01-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-05-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2019-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2018-10-29
    ➕
    FORREST, Nigel Hamilton appointed
    director
  14. 2018-10-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-10-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2018-10-26
    ➖
    FORREST, Allan James resigned
    director
  17. 2018-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2015-04-06
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  20. 1998-05-20
    🏢
    Company incorporated
    As CAR AND TRUCK SERVICES LIMITED
  21. 1998-05-20
    ➕
    FORREST, Aileen Ann appointed
    secretary
  22. 1998-05-20
    ➕
    FORREST, Aileen Ann appointed
    director
  23. 1998-05-20
    ➕
    FORREST, Allan James appointed
    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 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • 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
Mr Nigel Hamilton Forrest
Individual · British · DOB 09/1973 · age 53
25–50%
—25-50% shares31/07/2019
Mrs Aileen Ann Forrest
Individual · British · DOB 05/1949 · age 77
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Allan James Forrestceased 26/10/2018· 25-50% shares · 25-50% voting

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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————19y8270y
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———321y8262y
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————5y——
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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
Incorporated1998-05-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

C/O Farries, Kirk & Mcvean Dumfries Enterprise Park
Heathhall
Dumfries
DG1 3SJ

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16

Officers (3 active · 1 resigned)

FORREST, Aileen Ann→
secretary · appointed 1998-05-20
View their other companies + combined net worth →
Active
FORREST, Aileen Ann→
director · ~77y · appointed 1998-05-20
View their other companies + combined net worth →
Active
FORREST, Nigel Hamilton→
director · ~53y · appointed 2018-10-29
View their other companies + combined net worth →
Active
FORREST, Allan James→
director · ~81y · appointed 1998-05-20 · resigned 2018-10-26
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge—06/04/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
change-person-secretary-company-with-change-date
officers · CH03
2023-01-27
change-person-director-company-with-change-date
officers · CH01
2023-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-16