CARLUKE TYRE & EXHAUST LTD
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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £12.1k | £7.5k |
| Current assets | £3.5k | £11.7k |
| Net assets | £32.2k | £30.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2025-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-03-01➕MCNEIL, William appointeddirector
- 2022-03-01➖PATERSON, Justine resigneddirector
- 2022-02-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-08-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-08-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-05📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-07-20📄gazette-notice-compulsorygazette · GAZ1
- 2019-10-01➕MCNEIL, William appointedsecretary
- 2019-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-21🏢Company incorporatedAs CARLUKE TYRE & EXHAUST LTD
- 2019-08-21➕PATERSON, Justine appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Mcneil Individual · British · DOB 07/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/03/2022 |
3 historic (ceased) PSCs
- Miss Justine Patersonceased 01/03/2022· 75-100% shares · 75-100% voting · board control
- Mr Derek Nimmoceased 28/08/2019· 25-50% shares · 25-50% voting · board control
- Mr William Mcneilceased 28/08/2019· 25-50% shares · 25-50% voting · board control
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.
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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)
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