LOWCOST COMMERCIALS LTD.

🌳Matureactive
SC243980 · ltd · incorporated 2003-02-14
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£545.1k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45190SIC 45190
  • 77110Renting and leasing of cars and light motor vehicles
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 20.0y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 20.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 3 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
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £545,097
Net assets shrinking
Down £4,000 YoY
Cash YoY
+51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£177k
↑ 51% YoY
Net Worth
£545k
~ YoY
Current Assets
£731k
↑ 20% YoY
Current Liabilities
—
£0£146k£292k£439k£585k£731kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£545.1k£575.3k
Current assets£730.9k£610.3k
Cash£176.6k£117.3k
Debtors£141.8k£88.1k
Net assets£545.1k£549.1k

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 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-02-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-11-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-11-06
    🔓
    Charge satisfied #1
  9. 2023-03-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2022-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2014-07-08
    ➕
    KELLY, Daniel appointed
    director
  17. 2012-01-01
    ➖
    ETHERSON, Karen resigned
    secretary
  18. 2008-03-31
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  19. 2006-08-29
    ➕
    ETHERSON, Karen appointed
    secretary
  20. 2006-08-29
    ➖
    MCMATH, Elaine resigned
    secretary
  21. 2006-06-02
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  22. 2006-05-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  23. 2003-04-22
    ➕
    KELLY, William appointed
    director
  24. 2003-04-22
    ➕
    MCMATH, Elaine appointed
    secretary
  25. 2003-04-22
    ➖
    AD CLIENT SECRETARY LTD. resigned
    corporate-secretary
  26. 2003-04-22
    ➖
    AD CLIENT DIRECTOR LTD. resigned
    corporate-director
  27. 2003-02-14
    🏢
    Company incorporated
    As LOWCOST COMMERCIALS LTD.
  28. 2003-02-14
    ➕
    AD CLIENT SECRETARY LTD. appointed
    corporate-secretary
  29. 2003-02-14
    ➕
    AD CLIENT DIRECTOR LTD. appointed
    corporate-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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100
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 66. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-11

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Daniel Kelly
Individual · British · DOB 10/1990 · age 36
50–75%
50–75%50-75% shares · 50-75% voting · firm interest01/03/2023
Mr William Kelly
Individual · British · DOB 11/1960 · age 66
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 · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COOPER BROS LTD.→
SC376259 · est 2010
£994.7k
£795.8k–£1.19M
——6316y8382y
BROWNSBURN GARAGE LIMITED→
SC242933 · est 2003
———60023y8358y
GOPAL MOTORS LIMITED→
SC132600 · est 1991
——£29.5k—34y8378y
J.M.T. MANUFACTURING LIMITED→
SC099682 · est 1986
———40039y8375y
A. GRAY & SONS LTD.→
SC239040 · est 2002
——£252.5k—23y8289y
AUTO-TEK LIMITED→
SC085669 · est 1983
———642y8278y
B & B COMMERCIALS LIMITED→
SC371046 · est 2010
———60016y8270y
CANDERRIGG SERVICES LIMITED→
SC063543 · est 1977
——£60.6k—48y8261y
GRANT MILLER VEHICLES LIMITED→
SC266620 · est 2004
——£382.7k—22y8272y
HAMILTON TRACTORS (CARNWATH) LIMITED→
SC349764 · est 2008
——£568.9k—17y8267y
PARKS OF HAMILTON LIMITED→
SC103161 · est 1987
————39y8277y
PETER VARDY HOLDINGS LIMITED→
SC319442 · est 2007 · no financials extracted
————19y8279y
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
Incorporated2003-02-14
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

433 Castlehill Road
Wishaw
ML2 0RL
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-04-11OVERDUE
Last: 2025-03-28

Officers (2 active · 4 resigned)

KELLY, Daniel→
director · ~36y · appointed 2014-07-08
View their other companies + combined net worth →
Active
KELLY, William→
director · ~66y · appointed 2003-04-22
View their other companies + combined net worth →
Active
ETHERSON, Karen→
secretary · appointed 2006-08-29 · resigned 2012-01-01
Resigned
MCMATH, Elaine→
secretary · appointed 2003-04-22 · resigned 2006-08-29
Resigned
AD CLIENT SECRETARY LTD.→
corporate-secretary · appointed 2003-02-14 · resigned 2003-04-22
Resigned
AD CLIENT DIRECTOR LTD.→
corporate-director · appointed 2003-02-14 · resigned 2003-04-22
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property31/03/2008—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property02/06/2006—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property08/05/200606/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
change-person-director-company-with-change-date
officers · CH01
2025-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26