ELITE MOT SERVICE & REPAIR LTD

💤Zombieactive
SC439261 · ltd · incorporated 2012-12-21
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.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£100
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45200SIC 45200
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (70/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

1 year extracted from filed iXBRL accounts
Cash
£3k
Net Worth
£100
Current Assets
£33k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-30
Total assets£25.3k
Current assets£33.2k
Cash£3.2k
Debtors£30.1k
Net assets£100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-04-12
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-21
    MCGHEE, Lynne resigned
    director
  7. 2023-04-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-03-21
    MCGHEE, Lynne appointed
    director
  9. 2023-03-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-03-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-03-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-02-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2012-12-21
    🏢
    Company incorporated
    As ELITE MOT SERVICE & REPAIR LTD
  20. 2012-12-21
    MCGHEE, John Edward appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-12

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lynne Mcghee
Individual · British · DOB 04/1971 · age 55
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/03/2022
Mr John Edward Mcghee
Individual · British · DOB 06/1970 · age 56
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2012-12-21
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

1 Cambuslang Court
Glasgow
G32 8FH

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-04-12OVERDUE
Last: 2025-03-29

Officers (1 active · 1 resigned)

MCGHEE, John Edward
director · ~56y · appointed 2012-12-21
View their other companies + combined net worth →
Active
MCGHEE, Lynne
director · ~55y · appointed 2023-03-21 · resigned 2023-04-21
Resigned

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

Recent filings (39 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
change-account-reference-date-company-current-extended
accounts · AA01
2024-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-04
termination-director-company-with-name-termination-date
officers · TM01
2023-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-06
appoint-person-director-company-with-name-date
officers · AP01
2023-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04