OILFAST HOLDINGS LIMITED
🌳Matureactive
SC453328 · ltd · incorporated 2013-06-27
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 46719SIC 46719
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
11 live charges · 6 lenders · oldest 12.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 12.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 12 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
61
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £7,891,389
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Profit before tax | £7.89M | — |
| Total assets | — | £7.96M |
| Current assets | — | £24.38M |
| Cash | — | £6.45M |
| Debtors | — | £15.90M |
| Net assets | — | £3.93M |
| Average employees | 253 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
- 2025-12-03📄accounts-with-accounts-type-groupaccounts · AA
- 2025-10-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-01➖LOWE, Charles resigneddirector
- 2025-09-01➖MCTAGGART, Ronald resigneddirector
- 2025-09-01➖STEWART, Anthony Francis resigneddirector
- 2025-07-01✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-06-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-11🔓Charge satisfied #2
- 2025-02-27📄accounts-with-accounts-type-groupaccounts · AA
- 2024-08-30📄resolutionresolution · RESOLUTIONS
- 2024-08-29📄memorandum-articlesincorporation · MA
- 2024-08-29📄resolutionresolution · RESOLUTIONS
- 2024-05-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-01➖CARROLL, Joseph resigneddirector
- 2024-05-01📄accounts-amended-with-accounts-type-groupaccounts · AAMD
- 2024-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-30🔓Charge satisfied #10
- 2024-04-30🔓Charge satisfied #9
- 2024-04-30🔓Charge satisfied #8
- 2024-04-30🔓Charge satisfied #4
- 2024-03-28📄accounts-with-accounts-type-groupaccounts · AA
- 2024-03-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-14🔓Charge satisfied #5
- 2024-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-01➕MCTAGGART, Ronald appointeddirector
- 2023-07-25➕STEWART, Jonathan appointeddirector
- 2023-07-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-02➖NICOL, William resigneddirector
- 2023-02-20➕LOWE, Charles appointeddirector
- 2022-05-01➕STEWART, Anthony Francis appointeddirector
- 2022-02-25🔒Charge registered #11Lender: Lloyds Bank PLC
- 2020-09-30➕NICOL, William appointeddirector
- 2020-09-30➖ROSS, Duncan resigneddirector
- 2019-07-17➖TURNER, Jonathan Charles Deacon resigneddirector
- 2018-08-17➖SLATER, Elizabeth Anne resigneddirector
- 2017-06-12➕CARROLL, Joseph appointeddirector
- 2016-12-29🔒Charge registered #10Lender: Bank of Scotland PLC
- 2015-05-19🔓Charge satisfied #7
- 2015-05-19🔓Charge satisfied #6
- 2015-04-24🔒Charge registered #7Lender: Lloyds Bank PLC
- 2015-04-24🔒Charge registered #6Lender: Lloyds Bank PLC
- 2015-04-23🔒Charge registered #9Lender: Lloyds Bank PLC
- 2015-04-23🔒Charge registered #8Lender: Lloyds Bank PLC
Showing most recent 50 of 62 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
53/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
3 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: LOWE, Charles resigned 2025-09-01; MCTAGGART, Ronald resigned 2025-09-01; STEWART, Anthony Francis resigned 2025-09-01
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-07-01: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Fiona Brogan Individual · British · DOB 09/1962 · age 64 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Susanna Tait Individual · British · DOB 02/1970 · age 56 | 25–50% | — | 25-50% shares | 06/04/2016 |
3 historic (ceased) PSCs
- Nethan Holdings Limitedceased 03/09/2020· 25-50% shares
- Mr Jonathan Charles Deacon Turnerceased 17/07/2019· 25-50% shares
- Mrs Susanna Taitceased 06/04/2016· 25-50% shares
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 →Similar companies
Active · Automotive · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COOPER BROS LTD.→ SC376259 · est 2010 | £994.7k £795.8k–£1.19M | — | — | 63 | 16y | 83 | 82y |
| BROWNSBURN GARAGE LIMITED→ SC242933 · est 2003 | — | — | — | 600 | 23y | 83 | 58y |
| GOPAL MOTORS LIMITED→ SC132600 · est 1991 | — | — | £29.5k | — | 34y | 83 | 78y |
| J.M.T. MANUFACTURING LIMITED→ SC099682 · est 1986 | — | — | — | 400 | 39y | 83 | 75y |
| A. GRAY & SONS LTD.→ SC239040 · est 2002 | — | — | £252.5k | — | 23y | 82 | 89y |
| AUTO-TEK LIMITED→ SC085669 · est 1983 | — | — | — | 6 | 42y | 82 | 78y |
| B & B COMMERCIALS LIMITED→ SC371046 · est 2010 | — | — | — | 600 | 16y | 82 | 70y |
| CANDERRIGG SERVICES LIMITED→ SC063543 · est 1977 | — | — | £40.0k | — | 48y | 82 | 61y |
| GRANT MILLER VEHICLES LIMITED→ SC266620 · est 2004 | — | — | £382.7k | — | 22y | 82 | 72y |
| HAMILTON TRACTORS (CARNWATH) LIMITED→ SC349764 · est 2008 | — | — | £568.9k | — | 17y | 82 | 67y |
| PARKS OF HAMILTON LIMITED→ SC103161 · est 1987 | — | — | — | — | 39y | 82 | 77y |
| PETER VARDY LIMITED→ SC297001 · est 2006 · no financials extracted | — | — | — | — | 20y | 82 | 79y |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2013-06-27
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
Fuel Depot
Nethan Street
Motherwell
ML1 3TF
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01
Officers (4 active · 8 resigned)
ANDERSON, Stephen→
Activedirector · ~48y · appointed 2013-10-01
View their other companies + combined net worth →
BROGAN, Campbell Bernard→
Activedirector · ~60y · appointed 2013-06-27
View their other companies + combined net worth →
STEWART, Jonathan→
Activedirector · ~53y · appointed 2023-07-25
View their other companies + combined net worth →
TAIT, Alan Henry→
Activedirector · ~60y · appointed 2013-06-27
View their other companies + combined net worth →
CARROLL, Joseph→
Resigneddirector · ~56y · appointed 2017-06-12 · resigned 2024-05-01
LOWE, Charles→
Resigneddirector · ~62y · appointed 2023-02-20 · resigned 2025-09-01
MCTAGGART, Ronald→
Resigneddirector · ~46y · appointed 2024-02-01 · resigned 2025-09-01
NICOL, William→
Resigneddirector · ~60y · appointed 2020-09-30 · resigned 2023-06-02
ROSS, Duncan→
Resigneddirector · ~66y · appointed 2013-08-26 · resigned 2020-09-30
SLATER, Elizabeth Anne→
Resigneddirector · ~61y · appointed 2013-08-26 · resigned 2018-08-17
STEWART, Anthony Francis→
Resigneddirector · ~59y · appointed 2022-05-01 · resigned 2025-09-01
TURNER, Jonathan Charles Deacon→
Resigneddirector · ~60y · appointed 2013-07-02 · resigned 2019-07-17
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
3
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 25/02/2022 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/12/2016 | 30/04/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 24/04/2015 | 19/05/2015 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 24/04/2015 | 19/05/2015 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/04/2015 | 30/04/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 2 properties | 23/04/2015 | 30/04/2024 | |
| satisfied | Mabanaft Mabanaft Limited | A registered charge | — | 26/06/2014 | 14/03/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 17/01/2014 | 30/04/2024 | |
| outstanding | The Scottish Borders Council | A registered charge | 1 property | 08/01/2014 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | A registered charge | 1 property | 18/09/2013 | 11/06/2025 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 27/08/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (107 total)
accounts-with-accounts-type-group
accounts · AA
2025-12-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
termination-director-company-with-name-termination-date
officers · TM01
2025-09-08
termination-director-company-with-name-termination-date
officers · TM01
2025-09-08
termination-director-company-with-name-termination-date
officers · TM01
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
certificate-change-of-name-company
change-of-name · CERTNM
2025-07-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-11
accounts-with-accounts-type-group
accounts · AA
2025-02-27
resolution
resolution · RESOLUTIONS
2024-08-30
memorandum-articles
incorporation · MA
2024-08-29
resolution
resolution · RESOLUTIONS
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15