ROY'S AUTO REPAIRS LIMITED
Opportunity 77/100 (strong), bankability 85/100. 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
1 live charge · oldest 22.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover 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 | £156.5k | £125.1k |
| Current assets | £172.6k | £144.6k |
| Cash | £150.4k | £120.5k |
| Debtors | £21.2k | £23.7k |
| Net assets | £154.7k | £123.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (28 events)Click to expand
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-25➖RITCHIE, Fiona Margaret resignedsecretary
- 2017-10-25➖RITCHIE, Fiona Margaret resigneddirector
- 2017-10-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-11-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-05-15🔓Charge satisfied #1
- 2004-03-11🔒Charge registered #1Lender: Bryan Ritchie and Another
- 2003-05-07🏢Company incorporatedAs ROY'S AUTO REPAIRS LIMITED
- 2003-05-07➕RITCHIE, Roy Alan appointeddirector
- 2003-05-07➕RITCHIE, Fiona Margaret appointedsecretary
- 2003-05-07➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-05-07➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-05-07➕RITCHIE, Fiona Margaret appointeddirector
- 2003-05-07➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
- 2003-05-07➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Roy Alan Ritchie Individual · British · DOB 03/1971 · age 55 | 75–100% | — | 75-100% shares | 07/05/2017 |
1 historic (ceased) PSC
- Mrs Fiona Margaret Ritchieceased 25/10/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D. & A. FACTORS (DUNDEE) LIMITED→ SC065706 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| MONTROSE AUTOBODY LTD→ SC849249 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NEWTYLE COMMERCIALS LIMITED→ SC222593 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ORACLE CAR SALES LIMITED→ SC434364 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| PITAIRLIE GARAGE SERVICES LIMITED→ SC713471 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PREMIER VEHICLE HIRE LTD→ SC385555 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| PRO-FIT AUTO REPAIRS LTD→ SC798917 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ROBERTO MOTORS LTD→ SC727267 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| RON MACKIE CARS LTD→ SC765965 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ROSEFIELD MOTORS LIMITED→ SC472477 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| RS RACE ENGINEERING LIMITED→ SC496662 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| S A AUTOPOINT LTD→ SC499665 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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 (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bryan Ritchie and Another | Standard security | 1 property | 11/03/2004 | 15/05/2012 |