MUNRO'S GARAGE (ORKNEY) LIMITED
Opportunity 69/100 (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 (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 4 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
- • 1 accounts
- • 1 gazette
- • 1 officers
- • 2 gazette
- • 2 officers
- • 2 persons-with-significant-control
Corporate timeline (24 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-27➕HARRAY, Lyall Thomas Corse appointeddirector
- 2026-01-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-06➖AIM, Heather Margaret resigneddirector
- 2024-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-07-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-07-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-06➕AIM, Heather Margaret appointeddirector
- 2017-01-18🏢Company incorporatedAs MUNRO'S GARAGE (ORKNEY) LIMITED
- 2017-01-18➕ELRICK, Alan appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-07
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Elrick Individual · British · DOB 01/1982 · age 44 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 18/01/2017 |
2 historic (ceased) PSCs
- Miss Heather Margaret Aimceased 06/11/2025· 25-50% shares · 25-50% voting
- Miss Heather Margaret Aimceased 17/01/2021· 25-50% shares · 25-50% voting
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
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| A.J.B. SCHOLES LIMITED→ SC341021 · est 2008 | — | — | — | 40 | 18y | 83 | 63y |
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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.
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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.