I. CUMMING LTD.

🌳Matureactive
SC280363 · ltd · incorporated 2005-02-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.8y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

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

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2026
Net worth
£281.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 12.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 12.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (85/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
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
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 declared
Positive net assets
Net assets £281,770
Net assets shrinking
Down £88,340 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£282k
↓ 24% YoY
Current Assets
£741k
↓ 7.4% YoY
Current Liabilities
—
£0£188k£377k£565k£753k£942kJan 2024Jan 2025Jan 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-01-312025-01-312024-01-31
Total assets£544.1k£649.3k£433.1k
Current assets£740.9k£799.9k£941.8k
Cash——£1.9k
Debtors£163.8k£427.7k£487.7k
Net assets£281.8k£370.1k£388.0k

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
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 1 accounts
  • • 1 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-01
    ➕
    CUMMING, Linda Margaret appointed
    director
  4. 2025-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-12-21
    ➖
    ORD, Colin Andrew resigned
    director
  8. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-03-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-03-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-09-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-04-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2020-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2015-03-16
    ➕
    ORD, Colin Andrew appointed
    director
  21. 2014-10-09
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  22. 2013-10-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  23. 2005-02-22
    🏢
    Company incorporated
    As I. CUMMING LTD.
  24. 2005-02-22
    ➕
    CUMMING, Linda Margaret appointed
    secretary
  25. 2005-02-22
    ➕
    CUMMING, Ivor John appointed
    director
  26. 2005-02-22
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  27. 2005-02-22
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  28. 2005-02-22
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  29. 2005-02-22
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

99/100
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.
  • +Founder name in company name: Company name contains director surname "CUMMING" — strong identity link between founder and business.
  • +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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

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.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Ivor John Cumming
Individual · British · DOB 10/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Colin Andrew Ordceased 21/12/2024· 25-50% shares · 25-50% voting

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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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COLIN LAWSON TRANSPORT LIMITED→
SC268596 · est 2004
£1.64M
£1.31M–£1.97M
£8.74M—730022y8759y
BREAKING POINT LIMITED→
SC167411 · est 1996
——£22.6k—29y8361y
MACDUFF DIESELS LTD.→
SC177616 · est 1997
——£909.3k—28y8370y
WESTFIELD MOTORS (PETERHEAD) LIMITED→
SC234665 · est 2002
——£600.4k—23y8384y
ALAN J. ROSS MOTOR ENGINEERS LTD.→
SC178820 · est 1997
——£388.8k—28y8272y
BRIDGE OF DON GARAGE LIMITED→
SC285473 · est 2005
——£163.5k—21y8265y
CAMERON AUTOTECH LIMITED→
SC241160 · est 2002
——£1.27M—23y8265y
COTTAGE CARS (ABERDEEN) LTD.→
SC350432 · est 2008
————17y8265y
CROWN MOTORS (A & I) LIMITED→
SC128540 · est 1990
——£2.41M—35y8266y
DUNECHT GARAGE LTD.→
SC148143 · est 1993
————32y8271y
FRASERBURGH CAR SALES LIMITED→
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——£1.85M—23y8267y
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————23y8265y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2005-02-22
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

9 Carmelite Street
Banff
Aberdeenshire
AB45 1AF
Scotland

Filing status

Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (3 active · 3 resigned)

CUMMING, Linda Margaret→
secretary · appointed 2005-02-22
View their other companies + combined net worth →
Active
CUMMING, Ivor John→
director · ~58y · appointed 2005-02-22
View their other companies + combined net worth →
Active
CUMMING, Linda Margaret→
director · ~58y · appointed 2026-02-01
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2005-02-22 · resigned 2005-02-22
Resigned
ORD, Colin Andrew→
director · ~57y · appointed 2015-03-16 · resigned 2024-12-21
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2005-02-22 · resigned 2005-02-22
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property09/10/2014—
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property18/10/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-22
appoint-person-director-company-with-name-date
officers · AP01
2026-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-01