LOTHIAN CAR PANELS UK LTD

💤Zombieactive
SC571115 · ltd · incorporated 2017-07-13
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
Upgrade to see
Turnover
year to Jun 2024
Net worth
£92.3k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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).

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £92,289

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£92k
↑ 36% YoY
Current Assets
£158k
↑ 32% YoY
Current Liabilities
£0£32k£63k£95k£126k£158kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£92.3k£68.1k
Current assets£157.5k£119.7k
Net assets£92.3k£68.1k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-06-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-06-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2021-04-01
    MORRISON, John Luke resigned
    director
  10. 2020-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2017-07-13
    🏢
    Company incorporated
    As LOTHIAN CAR PANELS UK LTD
  14. 2017-07-13
    MACDONALD, Darren appointed
    director
  15. 2017-07-13
    MORRISON, John Luke appointed
    director
  16. 2017-07-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
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.

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 Darren Macdonald
Individual · Scottish · DOB 06/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/07/2017
1 historic (ceased) PSC
  • Mr John Luke Morrisonceased 01/04/2021· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANGUS TYRES LIMITED
SC364816 · est 2009
3516y8386y
BALDOWRIE GARAGE LTD
SC281548 · est 2005
£37.2k21y8269y
BILL STEPHEN MOTORS LIMITED
SC235937 · est 2002
120023y8270y
BRIDGE END GARAGE (MONTROSE) LIMITED
SC380714 · est 2010
£152.5k15y8258y
DEALFINDER LIMITED
SC075226 · est 1981
£56.4k44y8271y
DUNCAN MCINTOSH TRAILERS LIMITED
SC314598 · est 2007
£179.1k19y8275y
EAST COAST SPRAY SHOP LTD
SC365507 · est 2009
20016y8261y
I & G MOTORS LTD.
SC224868 · est 2001
£10.1k24y8267y
JOHN MCGREGOR (BRO'TY) LIMITED
SC244994 · est 2003
70023y8265y
T S TRANSPORT (SCOTLAND) LIMITED
SC264403 · est 2004
140022y8279y
MONTROSE AUTOBODY LTD
SC849249 · est 2025 · no financials extracted
PITAIRLIE GARAGE SERVICES LIMITED
SC713471 · est 2021 · no financials extracted
4y
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
Incorporated2017-07-13
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

40-42 Brantwood Avenue
Dundee
DD3 6EW
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03

Officers (1 active · 1 resigned)

MACDONALD, Darren
director · ~50y · appointed 2017-07-13
View their other companies + combined net worth →
Active
MORRISON, John Luke
director · ~52y · appointed 2017-07-13 · resigned 2021-04-01
Resigned

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-03
termination-director-company-with-name-termination-date
officers · TM01
2021-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-25