PRIME AUTO REPAIRS & RECOVERY LTD

🌳Matureactive

SC411323 · ltd · incorporated 2011-11-15

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.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£39.3k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 45200

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £39,289

Net assets shrinking

Down £2,477 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£39k

↓ 5.9% YoY

Current Assets

£61k

↑ 38% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-12-31	2023-12-31
Total assets	£39.3k	£41.8k
Current assets	£61.1k	£44.4k
Net assets	£39.3k	£41.8k

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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-02-13
➕
WATT, Heather Frances appointed
director
2026-02-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-04-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-08-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-11-15
🏢
Company incorporated
As PRIME AUTO REPAIRS & RECOVERY LTD
2011-11-15
➕
WATT, Andrew Wilson appointed
director

Owner dependency

86/100

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 age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

29/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — WATT, Heather Frances (same surname) appointed 2026-02-13. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 14 years.
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 Andrew Wilson Watt Individual · British · DOB 03/1958 · age 68	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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.

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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 1 SMART REPAIR LIMITED→ SC826852 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PREMIER VEHICLE HIRE LTD→ SC385555 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
PRIME DRIVE GARAGE LIMITED→ SC881961 · est 2026 · no financials extracted	—	—	—	—	—	—	—
PRO-FIT AUTO REPAIRS LTD→ SC798917 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
QUICKTYRES MOBILE LTD→ SC873578 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ROBERT HALLY & SONS LTD→ SC473507 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
ROBERTO MOTORS LTD→ SC727267 · est 2022 · no financials extracted	—	—	—	—	4y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2011-11-15

Jurisdictionscotland

Primary SIC45200 — SIC 45200

Registered office

32 Dishlandtown Street

Arbroath

DD11 1QZ

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-29

Last: 2025-11-15

Officers (2 active · 0 resigned)

WATT, Andrew Wilson→

director · ~68y · appointed 2011-11-15

View their other companies + combined net worth →

Active

WATT, Heather Frances→

director · ~52y · appointed 2026-02-13

View their other companies + combined net worth →

Active

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

Recent filings (31 total)

appoint-person-director-company-with-name-date

officers · AP01

2026-02-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-17