ROY'S AUTO REPAIRS LIMITED

💤Zombieactive

SC248964 · ltd · incorporated 2003-05-07

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 Mar 2026

Net worth

£139.5k

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 45200

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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 22.3y

45/100

under pressure

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

· Oldest live charge is 22.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (1 active, 5 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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 £139,495

Net assets shrinking

Down £15,232 YoY

Cash YoY

-29%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£107k

↓ 29% YoY

Net Worth

£139k

↓ 9.8% YoY

Current Assets

£129k

↓ 25% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2026-03-31	2025-03-31	2024-03-31
Total assets	£144.3k	£156.5k	£125.1k
Current assets	£129.5k	£172.6k	£144.6k
Cash	£106.9k	£150.4k	£120.5k
Debtors	£21.6k	£21.2k	£23.7k
Net assets	£139.5k	£154.7k	£123.5k

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

filing

• 1 accounts

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-06-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-05-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-12-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-25
➖
RITCHIE, Fiona Margaret resigned
secretary
2017-10-25
➖
RITCHIE, Fiona Margaret resigned
director
2017-10-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2017-10-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-11-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-05-15
🔓
Charge satisfied #1
2004-03-11
🔒
Charge registered #1
Lender: Bryan Ritchie and Another
2003-05-07
🏢
Company incorporated
As ROY'S AUTO REPAIRS LIMITED
2003-05-07
➕
RITCHIE, Roy Alan appointed
director
2003-05-07
➕
RITCHIE, Fiona Margaret appointed
secretary
2003-05-07
➕
FIRST SCOTTISH SECRETARIES LIMITED appointed
corporate-nominee-secretary
2003-05-07
➖
FIRST SCOTTISH SECRETARIES LIMITED resigned
corporate-nominee-secretary
2003-05-07
➕
RITCHIE, Fiona Margaret appointed
director
2003-05-07
➕
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
corporate-nominee-director
2003-05-07
➖
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
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 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

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

clean

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

Shareholders & 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

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ANGUS TYRES LIMITED→ SC364816 · est 2009	—	—	—	35	16y	83	86y
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BRIDGE END GARAGE (MONTROSE) LIMITED→ SC380714 · est 2010	—	—	£152.5k	—	16y	82	58y
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DUNCAN MCINTOSH TRAILERS LIMITED→ SC314598 · est 2007	—	—	£179.1k	—	19y	82	75y
EAST COAST SPRAY SHOP LTD→ SC365507 · est 2009	—	—	—	200	16y	82	61y
I & G MOTORS LTD.→ SC224868 · est 2001	—	—	£10.1k	—	24y	82	67y
JOHN MCGREGOR (BRO'TY) LIMITED→ SC244994 · est 2003	—	—	—	700	23y	82	65y
T S TRANSPORT (SCOTLAND) LIMITED→ SC264403 · est 2004	—	—	—	1400	22y	82	79y
THORNLEA (FORFAR) LIMITED→ SC177605 · est 1997	—	—	£2.38M	—	28y	82	87y
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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

Incorporated2003-05-07

Jurisdictionscotland

Primary SIC45200 — SIC 45200

Registered office

12 Traill Drive

Montrose

Angus

DD10 8SW

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2027-05-21

Last: 2026-05-07

Officers (1 active · 4 resigned)

RITCHIE, Roy Alan→

director · ~55y · appointed 2003-05-07

View their other companies + combined net worth →

Active

RITCHIE, Fiona Margaret→

secretary · appointed 2003-05-07 · resigned 2017-10-25

Resigned

FIRST SCOTTISH SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2003-05-07 · resigned 2003-05-07

Resigned

RITCHIE, Fiona Margaret→

director · ~52y · appointed 2003-05-07 · resigned 2017-10-25

Resigned

FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→

corporate-nominee-director · appointed 2003-05-07 · resigned 2003-05-07

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Bryan Ritchie and Another	Standard security	1 property	11/03/2004	15/05/2012