AUTOPARTS STORNOWAY LIMITED

💤Zombieactive
SC216848 · ltd · incorporated 2001-03-14
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£940.2k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 24.0y

30/100
under pressure

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

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 3 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £940,194
Cash YoY
-13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£225k
↓ 13% YoY
Net Worth
£940k
↑ 8.7% YoY
Current Assets
£1.2m
↑ 10% YoY
Current Liabilities
—
£0£246k£491k£737k£982k£1.2mAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£1.03M£930.7k
Current assets£1.23M£1.11M
Cash£224.6k£256.7k
Debtors£594.2k£438.6k
Net assets£940.2k£865.3k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-02-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-04-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2024-04-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2024-04-17
    ➕
    MACKAY, Janice appointed
    secretary
  8. 2024-04-16
    ➖
    MACKAY, Yvonne resigned
    secretary
  9. 2024-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-04-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2024-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-04-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2023-03-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2022-03-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2022-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2014-10-24
    🔓
    Charge satisfied #1
  21. 2014-08-21
    🔒
    Charge registered #2
    Lender: Santander UK PLC
  22. 2003-10-31
    ➖
    MACKAY, Isabel Margaret resigned
    secretary
  23. 2003-10-31
    ➕
    MACKAY, Yvonne appointed
    secretary
  24. 2003-10-31
    ➖
    MACKAY, Isabel Margaret resigned
    director
  25. 2003-10-31
    ➖
    MACKAY, Kenneth Roderick resigned
    director
  26. 2002-06-13
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  27. 2001-11-21
    ➕
    MACKAY, Duncan appointed
    director
  28. 2001-11-21
    ➕
    MACKAY, Isabel Margaret appointed
    secretary
  29. 2001-11-21
    ➖
    BLP SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  30. 2001-11-21
    ➕
    MACKAY, Isabel Margaret appointed
    director
  31. 2001-11-21
    ➕
    MACKAY, Kenneth Roderick appointed
    director
  32. 2001-11-21
    ➖
    BLP CREATIONS LIMITED resigned
    corporate-nominee-director
  33. 2001-11-21
    ➖
    BLP FORMATIONS LIMITED resigned
    corporate-nominee-director
  34. 2001-03-14
    🏢
    Company incorporated
    As AUTOPARTS STORNOWAY LIMITED
  35. 2001-03-14
    ➕
    BLP SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 2001-03-14
    ➕
    BLP CREATIONS LIMITED appointed
    corporate-nominee-director
  37. 2001-03-14
    ➕
    BLP FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 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

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

Group structure

Wallfield Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wallfield Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AUTOPARTS STORNOWAY LIMITED
This company · SC216848

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%
NameSharesVoting rightsNature of controlNotified
Wallfield Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control16/08/2024
1 historic (ceased) PSC
  • Mr Duncan Mackayceased 16/08/2024· 75-100% shares · 75-100% voting · board control

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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——£907.4k—23y8160y
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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
Incorporated2001-03-14
Jurisdictionscotland
Primary SIC45310 — SIC 45310

Registered office

Unit 8 Golspie Business Park
Golspie
Sutherland
KW10 6UB
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (2 active · 7 resigned)

MACKAY, Janice→
secretary · appointed 2024-04-17
View their other companies + combined net worth →
Active
MACKAY, Duncan→
director · ~51y · appointed 2001-11-21
View their other companies + combined net worth →
Active
MACKAY, Isabel Margaret→
secretary · appointed 2001-11-21 · resigned 2003-10-31
Resigned
MACKAY, Yvonne→
secretary · appointed 2003-10-31 · resigned 2024-04-16
Resigned
BLP SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2001-03-14 · resigned 2001-11-21
Resigned
MACKAY, Isabel Margaret→
director · ~73y · appointed 2001-11-21 · resigned 2003-10-31
Resigned
MACKAY, Kenneth Roderick→
director · ~77y · appointed 2001-11-21 · resigned 2003-10-31
Resigned
BLP CREATIONS LIMITED→
corporate-nominee-director · appointed 2001-03-14 · resigned 2001-11-21
Resigned
BLP FORMATIONS LIMITED→
corporate-nominee-director · appointed 2001-03-14 · resigned 2001-11-21
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Santander
Santander UK PLC
A registered charge—21/08/2014—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property13/06/200224/10/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (85 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-20
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-18
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-18
change-person-director-company-with-change-date
officers · CH01
2024-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-16
change-person-secretary-company-with-change-date
officers · CH03
2024-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-14