STRACHANS TYRES LIMITED

💤Zombieactive
SC484468 · ltd · incorporated 2014-08-15
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
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Turnover
year to Aug 2024
Net worth
£40.6k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 9.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £40,639

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£41k
↑ 38% YoY
Current Assets
£7k
↑ 14% YoY
Current Liabilities
£0£8k£16k£24k£33k£41kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£44.6k£37.8k
Current assets£7.1k£6.2k
Net assets£40.6k£29.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-11-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-11-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-10-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2018-11-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-10-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2014-08-15
    🏢
    Company incorporated
    As STRACHANS TYRES LIMITED
  19. 2014-08-15
    STRACHAN, Sean Michael appointed
    director

Owner dependency

95/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "STRACHAN" — strong identity link between founder and business.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Sean Strachan
Individual · British · DOB 03/1989 · age 37
75100%
75-100% shares01/08/2016

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 →
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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.

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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
Incorporated2014-08-15
Jurisdictionscotland
Primary SIC33170 — SIC 33170

Registered office

Unit 4 Mid Wynd
Dundee
DD1 4JG
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15

Officers (1 active · 0 resigned)

STRACHAN, Sean Michael
director · ~37y · appointed 2014-08-15
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/10/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
gazette-notice-compulsory
gazette · GAZ1
2023-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-13