WILMAC GARAGE LIMITED
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 71). 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 (73/100).
Refinance opportunity
1 live charge · oldest 8.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | — | £452.0k |
| Current assets | — | £228.6k |
| Net assets | — | £392.2k |
| Average employees | 300 | — |
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 (20 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-14📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2021-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-12-07🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2017-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-12🏢Company incorporatedAs WILMAC GARAGE LIMITED
- 2011-07-12➕MCLENNAN, William John appointeddirector
- 2011-07-12➕MABBOTT, Stephen George appointeddirector
- 2011-07-12➖MABBOTT, Stephen George resigneddirector
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.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- 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 William John Mclennan Individual · British · DOB 10/1955 · age 71 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 07/12/2017 | — |