INVERNESS TYRE SERVICES LTD.
🌳Matureactive
SC212622 · ltd · incorporated 2000-11-07
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 Mar 2025
Net worth
£44.1k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 25.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 declaredPositive net assets
Net assets £44,091
Cash YoY
-32%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£97k
↓ 32% YoY
Net Worth
£44k
↑ 16% YoY
Current Assets
£287k
↓ 21% 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 | £67.3k | £92.3k |
| Current assets | £287.1k | £363.1k |
| Cash | £96.6k | £141.7k |
| Debtors | £99.9k | £122.6k |
| Net assets | £44.1k | £37.9k |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2025-11-15📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2025-11-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-02-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-03📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30➕FINDLAY, Craig appointeddirector
- 2020-09-30➖FINDLAY, Neil Walker resignedsecretary
- 2020-09-30➖FINDLAY, Catherine resigneddirector
- 2020-09-30➖FINDLAY, Neil Walker resigneddirector
- 2019-10-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-01➕FINDLAY, Catherine appointeddirector
- 2015-01-30➖URQUHART, Leslie Ian resigneddirector
- 2014-04-18🔓Charge satisfied #4
- 2007-12-07➖CLUNAS, Kenneth Burns resignedsecretary
- 2007-12-07➕FINDLAY, Neil Walker appointedsecretary
- 2007-12-07➖CLUNAS, Kenneth Burns resigneddirector
- 2005-12-12🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2005-12-02🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2005-06-01➕WARDROP, Paul James appointeddirector
- 2005-06-01➕URQUHART, Leslie Ian appointeddirector
- 2002-05-14🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2001-04-25🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2000-11-07🏢Company incorporatedAs INVERNESS TYRE SERVICES LTD.
- 2000-11-07➕CLUNAS, Kenneth Burns appointedsecretary
- 2000-11-07➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2000-11-07➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2000-11-07➕CLUNAS, Kenneth Burns appointeddirector
- 2000-11-07➕FINDLAY, Neil Walker appointeddirector
- 2000-11-07➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2000-11-07➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Automotive · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GT AUTOMOTIVE PAISLEY LIMITED→ SC396986 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| HAZELBANK MOTORS LIMITED→ SC055569 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| JOHN STEWART AUTO REPAIRS LIMITED→ SC544414 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| KENNETH BROWN (MOTOR ENGINEERING) LIMITED→ SC100078 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| L.S.C. FLEET MAINTENANCE LTD→ SC751112 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| L4 TINTS LTD→ SC718718 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LOVE STREET COACHWORKS LTD→ SC815985 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MEGA AUTO REPAIR LTD→ SC830390 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MERPARTS LTD.→ SC339982 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MILTON MOTOR SERVICES LIMITED→ SC840666 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MOBILE PAINT TECH LTD→ SC862062 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MUNRO'S OF OBAN LIMITED→ SC274027 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2000-11-07
Jurisdictionscotland
Primary SIC45320 — Retail trade of motor vehicle parts and accessories
Registered office
R A Clement Associates
5 Argyll Square
Oban
PA34 4AZ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07
Officers (2 active · 8 resigned)
FINDLAY, Craig→
Activedirector · ~32y · appointed 2020-09-30
View their other companies + combined net worth →
WARDROP, Paul James→
Activedirector · ~58y · appointed 2005-06-01
View their other companies + combined net worth →
CLUNAS, Kenneth Burns→
Resignedsecretary · appointed 2000-11-07 · resigned 2007-12-07
FINDLAY, Neil Walker→
Resignedsecretary · appointed 2007-12-07 · resigned 2020-09-30
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2000-11-07 · resigned 2000-11-07
CLUNAS, Kenneth Burns→
Resigneddirector · ~78y · appointed 2000-11-07 · resigned 2007-12-07
FINDLAY, Catherine→
Resigneddirector · ~62y · appointed 2019-04-01 · resigned 2020-09-30
FINDLAY, Neil Walker→
Resigneddirector · ~69y · appointed 2000-11-07 · resigned 2020-09-30
URQUHART, Leslie Ian→
Resigneddirector · ~61y · appointed 2005-06-01 · resigned 2015-01-30
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2000-11-07 · resigned 2000-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/12/2005 | 18/04/2014 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/12/2005 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/05/2002 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 25/04/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-15
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-11-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-03
termination-director-company-with-name-termination-date
officers · TM01
2021-02-03