MTS VEHICLE SALES LIMITED

🌳Matureactive
SC473623 · ltd · incorporated 2014-03-27
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
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Turnover
year to Mar 2025
Net worth
£399.0k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 68). 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 (73/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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 £399,019

Key financials

1 year extracted from filed iXBRL accounts
Cash
£459k
Net Worth
£399k
Current Assets
£809k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£412.3k
Current assets£809.2k
Cash£458.9k
Debtors£100.7k
Net assets£399.0k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-17
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  2. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-06-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-24
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  11. 2020-02-24
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  12. 2020-02-21
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  13. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2019-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-02-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2017-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2014-03-27
    🏢
    Company incorporated
    As MTS VEHICLE SALES LIMITED
  19. 2014-03-27
    ADAMS, Grant appointed
    director
  20. 2014-03-27
    ADAMS, Kevin 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 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

64/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 12 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: 2026-04-10

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kevin Adams
Individual · British · DOB 02/1958 · age 68
2550%
25-50% shares27/03/2017
Mr Grant Adams
Individual · British · DOB 10/1964 · age 62
2550%
25-50% shares27/03/2017

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 →

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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
Incorporated2014-03-27
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

58 Long Lane
Broughty Ferry
Dundee
DD5 1HH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-10OVERDUE
Last: 2025-03-27

Officers (2 active · 0 resigned)

ADAMS, Grant
director · ~62y · appointed 2014-03-27
View their other companies + combined net worth →
Active
ADAMS, Kevin
director · ~68y · appointed 2014-03-27
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-15
gazette-notice-compulsory
gazette · GAZ1
2022-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06