YARD DIRECT LIMITED
Opportunity 79/100 (strong), bankability 80/100. 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 (73/100).
Refinance opportunity
1 live charge · oldest 9.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £57.3k | £-22.1k |
| Current assets | £655.6k | £437.7k |
| Cash | £284.3k | £153.6k |
| Debtors | £296.7k | £225.5k |
| Net assets | £57.3k | £-22.1k |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-17📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-10-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-10-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-10-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-10-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-09-26➕MILLER, Peter Stewart appointeddirector
- 2019-09-26➖CAREY, Bronagh resigneddirector
- 2019-09-26➖MCLELLAND, Kenneth Charles Stuart resigneddirector
- 2019-06-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-31➖SOPHROSYNE VENTURES LLP resignedcorporate-director
- 2018-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-03🔒Charge registered #1Lender: Hsbc Bank PLC
- 2013-06-18➕SOPHROSYNE VENTURES LLP appointedcorporate-director
- 2013-05-22➕CAREY, Bronagh appointeddirector
- 2013-05-22➖DEANE, David William resigneddirector
- 2013-05-22➕MCLELLAND, Kenneth Charles Stuart appointeddirector
- 2013-04-02🏢Company incorporatedAs YARD DIRECT LIMITED
- 2013-04-02➕DEANE, David William appointeddirector
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Webster Building Supplies Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Webster Building Supplies Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/09/2019 |
1 historic (ceased) PSC
- Mr Kenneth Charles Stuart Mclellandceased 26/09/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLIANCE SANITARY PRODUCTS LIMITED→ SC261393 · est 2004 | £8.86M £6.65M–£11.08M | — | — | 2900 | 22y | 86 | 69y |
| FAILTE FOOD SERVICE LIMITED→ SC275128 · est 2004 | £7.59M £5.69M–£9.48M | — | — | 71 | 21y | 85 | 66y |
| WESTSIDE DISTRIBUTION HOLDINGS LIMITED→ SC648056 · est 2019 | £5.77M £4.33M–£7.21M | — | — | 27 | 6y | 84 | 67y |
| WESTSIDE DISTRIBUTION LIMITED→ SC365971 · est 2009 | £5.77M £4.33M–£7.21M | — | — | 27 | 16y | 88 | 67y |
| SOUTHEAST TRADERS LIMITED→ SC235763 · est 2002 | £4.00M £3.00M–£5.01M | — | — | 26 | 23y | 88 | 67y |
| SCO-FRO GROUP LIMITED→ SC057644 · est 1975 | £2.74M £2.06M–£3.43M | — | — | 20 | 51y | 95 | 72y |
| D MCNAIR (BUILDERS MERCHANTS) LIMITED→ SC089357 · est 1984 | £2.35M £1.76M–£2.93M | — | — | 69 | 41y | 85 | 63y |
| EAGLE TUBE AND FLANGES LIMITED→ SC084811 · est 1983 | £2.14M £1.60M–£2.67M | — | — | 1400 | 42y | 83 | 70y |
| LEESHUN CATERING SUPPLIES LTD→ SC346276 · est 2008 | £811.1k £608.3k–£1.01M | — | — | 13 | 17y | 83 | 69y |
| ANDREW MCDICKEN LIMITED→ SC034095 · est 1959 | — | — | £8.7k | — | 66y | 83 | 63y |
| ASTRA HYGIENE SUPPLIES LIMITED→ SC122088 · est 1989 | — | — | £335.1k | — | 36y | 83 | 81y |
| BAYMED HEALTHCARE LTD.→ SC062673 · est 1977 | — | — | £77.1k | — | 48y | 83 | 59y |
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 →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 · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 03/01/2017 | — |